Equinix (EQIX) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the most recent quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The company's business overview highlights its role as a global digital infrastructure provider.
Key takeaway
Quarter ended Dec 31, 2023 · FY2023 Q4
Revenue increased in the most recent quarter compared to both the immediately preceding quarter and the same quarter one year earlier. The company's business overview highlights its role as a global digital infrastructure provider.
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
+2.4%
Change from the immediately preceding quarter.
Year-over-year
+12.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.4B
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 |
|---|---|---|
| Mar 31, 2023 | $2.2B | +28.3% |
| Jun 30, 2023 | $2B | +11.1% |
| Sep 30, 2023 | $2.1B | +12.0% |
| Dec 31, 2023 | $2.1B | +12.8% |
Revenue performance
The reported revenue direction was upward, continuing a pattern of growth from the prior quarter. The company's management discussion references forward-looking statements and risk factors.
Quarterly comparison
Compared to the preceding quarter, revenue grew. Compared to the same quarter one year ago, revenue also grew. The context of interconnection and digital infrastructure is noted in the filing.
What to watch
The year-over-year revenue growth rate has fluctuated over recent quarters, warranting attention to sustainability.