Equinix Inc. Files Q3 2024 10-Q Report

Ticker: EQIX · Form: 10-Q · Filed: 2024-10-30T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, real-estate, filing

Related Tickers: EQIX

TL;DR

**EQIX Q3 10-Q FILED: Check financials for data center giant.**

AI Summary

Equinix Inc. filed its 10-Q for the period ending September 30, 2024. The company, headquartered in Redwood City, CA, operates in the Real Estate Investment Trusts sector. Key financial details and operational updates for the third quarter of 2024 are presented in this filing.

Why It Matters

This filing provides investors and analysts with the latest financial performance and operational details for Equinix, a major player in data center real estate, impacting investment decisions.

Risk Assessment

Risk Level: medium — As a publicly traded company in the real estate and technology infrastructure sector, Equinix faces market, operational, and financial risks detailed in its SEC filings.

Key Numbers

N/A — Revenue (Specific revenue figures for the quarter are not directly extractable from the provided header information.)
N/A — Net Income (Specific net income figures for the quarter are not directly extractable from the provided header information.)
N/A — Total Assets (Specific total asset figures for the quarter are not directly extractable from the provided header information.)

Key Players & Entities

Equinix Inc. (company) — Filer of the 10-Q
Redwood City, CA (location) — Company headquarters
20240930 (date) — Period of report
20241030 (date) — Filing date

FAQ

What is Equinix Inc.'s primary business classification?

Equinix Inc. is classified under Real Estate Investment Trusts [6798].

What is the fiscal year end for Equinix Inc.?

The fiscal year end for Equinix Inc. is December 31.

What is the SEC file number for Equinix Inc.?

The SEC file number for Equinix Inc. is 001-40205.

What is the reporting period for this 10-Q filing?

The conformed period of report for this 10-Q filing is September 30, 2024.

When was this 10-Q filing submitted?

This 10-Q filing was submitted on October 30, 2024.

From the Filing

0001628280-24-044355.txt : 20241030 0001628280-24-044355.hdr.sgml : 20241030 20241030170737 ACCESSION NUMBER: 0001628280-24-044355 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 125 CONFORMED PERIOD OF REPORT: 20240930 FILED AS OF DATE: 20241030 DATE AS OF CHANGE: 20241030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EQUINIX INC CENTRAL INDEX KEY: 0001101239 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 770487526 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-40205 FILM NUMBER: 241411343 BUSINESS ADDRESS: STREET 1: ONE LAGOON DRIVE CITY: REDWOOD CITY STATE: CA ZIP: 94065 BUSINESS PHONE: (650) 598-6000 MAIL ADDRESS: STREET 1: ONE LAGOON DRIVE CITY: REDWOOD CITY STATE: CA ZIP: 94065 10-Q 1 eqix-20240930.htm 10-Q eqix-20240930 0001101239 12/31 2024 Q3 FALSE P1Y0M0D P3Y P1Y 0 0 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet 284 209 xbrli:shares iso4217:USD iso4217:USD xbrli:shares xbrli:pure eqix:center eqix:region eqix:option iso4217:GBP eqix:credit iso4217:JPY iso4217:CHF iso4217:EUR eqix:plan eqix:country eqix:line eqix:segment 0001101239 2024-01-01 2024-09-30 0001101239 us-gaap:CommonClassAMember 2024-01-01 2024-09-30 0001101239 eqix:ZeroPointTwoFiveZeroSeniorNotesDueTwoThousandTwentySevenMember 2024-01-01 2024-09-30 0001101239 eqix:OnePointZeroZeroZeroSeniorNotesDueTwoThousandThirtyThreeMember 2024-01-01 2024-09-30 0001101239 eqix:ThreePointSixFiveZeroSeniorNotesDueTwoThousandThirtyThreeMember 2024-01-01 2024-09-30 0001101239 2024-10-29 0001101239 2024-09-30 0001101239 2023-12-31 0001101239 2024-07-01 2024-09-30 0001101239 2023-07-01 2023-09-30 0001101239 2023-01-01 2023-09-30 0001101239 2022-12-31 0001101239 2023-09-30 0001101239 srt:MinimumMember 2024-09-30 0001101239 srt:MaximumMember 2024-09-30 0001101239 2024-10-01 2024-09-30 0001101239 2026-10-01 srt:MinimumMember 2024-09-30 0001101239 2026-10-01 srt:MaximumMember 2024-09-30 0001101239 eqix:TotalInformationManagementPhilippinesMember 2024-07-20 0001101239 eqix:TotalInformationManagementPhilippinesMember 2024-07-20 2024-07-20 0001101239 eqix:EMEA1JointVentureMember 2024-09-30 0001101239 eqix:EMEA1JointVentureMember 2023-12-31 0001101239 eqix:VariableInterestEntityVIEJointVentureMember us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember 2024-09-30 0001101239 eqix:VariableInterestEntityVIEJointVentureMember us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember 2023-12-31 0001101239 eqix:JointVentureMember 2024-09-30 0001101239 eqix:JointVentureMember 2023-12-31 0001101239 eqix:AsiaPacific1JointVentureAsiaPacific2JointVentureAsiaPacific3JointVentureEMEA2JointVentureAndAMER1JointVentureMember 2024-01-01 2024-09-30 0001101239 eqix:EquityContributionCommitmentMember eqix:EMEA1JointVentureMember 2024-09-30 0001101239 eqix:Mexico3MX3DataCenterSiteMember eqix:AMER1JointVentureMember us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2023-03-01 2023-03-31 0001101239 eqix:AMER1JointVentureMember 2023-03-31 0001101239 eqix:SiliconValley12SV12DataCenterSiteMember eqix:AMER2JointVentureMember us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember 2024-04-10 2024-04-10 0001101239 eqix:AMER2JointVentureMember 2024-04-10 0001101239 us-gaap:DisposalGroupDisposedOfBySaleNotDiscontinuedOperationsMember eqix:SiliconValley12SV12DataCenterSiteMember 2024-04-10 2024-04-10 0001101239 us-gaap:CorporateJointVentureMember eqix:VIEJointVentureMember 2024-09-30 0001101239 eqix:VariableInterestEntityVIEJointVentureMember us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember us-gaap:SecuredDebtMember 2024-09-30 0001101239 eqix:VariableInterestEntityVIEJointVentureMember eqix:EMEA2JointVentureCreditFacilityMember us-gaap:VariableInterestEntityNotPrimaryBeneficiaryMember 2024-09-30 0001101239 eqix:EMEA2JointVentureMember us-ga