Equinix (EQIX) Revenue — Quarter Ended Sep 30, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The company's trailing twelve-month revenue also reflected continued growth.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The company's trailing twelve-month revenue also reflected continued growth.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+2.1%
Change from the immediately preceding quarter.
Year-over-year
+12.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $1.9B | +9.6% |
| Mar 31, 2023 | $2.2B | +28.3% |
| Jun 30, 2023 | $2B | +11.1% |
| Sep 30, 2023 | $2.1B | +12.0% |
Revenue performance
The reported revenue rose, marking a sequential improvement from the preceding quarter and a substantial year-over-year gain.
Quarterly comparison
When measured against the immediately preceding quarter, revenue was higher. Compared to the same quarter one year earlier, the increase was more pronounced.
What to watch
The sequential increase was smaller than the year-over-year increase, indicating a moderating pace of growth.