Equinix (EQIX) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter ended September 30, 2024 increased compared to the same quarter last year. The company's top line also showed growth from the immediately preceding quarter.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter ended September 30, 2024 increased compared to the same quarter last year. The company's top line also showed growth from the immediately preceding quarter.
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
+1.9%
Change from the immediately preceding quarter.
Year-over-year
+6.8%
Change from the comparable year-ago quarter.
Trailing four quarters
$8.6B
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, 2023 | $2.1B | +12.8% |
| Mar 31, 2024 | $2.1B | -4.4% |
| Jun 30, 2024 | $2.2B | +6.9% |
| Sep 30, 2024 | $2.2B | +6.8% |
Revenue performance
Revenue rose relative to both the prior quarter and the same quarter in the prior year, reflecting continued year-over-year expansion alongside a sequential uptick.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased at a moderate sequential pace, while the gain over the same quarter one year earlier was more pronounced. The trailing twelve-month revenue total remained elevated.
What to watch
Monitor whether the sequential revenue growth rate continues to narrow or widen in upcoming quarters.