Equinix (EQIX) Revenue — Quarter Ended Jun 30, 2024
Revenue for the reported quarter increased compared to both the prior quarter and the same quarter last year. The growth relative to the prior period and the year-ago period was positive, indicating a rising trend.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the reported quarter increased compared to both the prior quarter and the same quarter last year. The growth relative to the prior period and the year-ago period was positive, indicating a rising trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
+6.9%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.5B
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 |
|---|---|---|
| Sep 30, 2023 | $2.1B | +12.0% |
| Dec 31, 2023 | $2.1B | +12.8% |
| Mar 31, 2024 | $2.1B | -4.4% |
| Jun 30, 2024 | $2.2B | +6.9% |
Revenue performance
Revenue in the current quarter was higher than in the immediately preceding quarter. This marks a reversal from the decline seen in the prior sequential period.
Quarterly comparison
Compared to the same quarter one year ago, revenue also showed an increase. The year-over-year rise was larger than the sequential change, reflecting sustained growth on an annual basis.
What to watch
Watch whether the sequential revenue growth can be maintained in the next quarter, following a prior-period decrease.