Equinix CEO Reports Double-Digit Growth in Q3 2026 Earnings
As seen on the 24/7 Wall St. homepage on October 28, 2026.
We delivered double-digit growth across the key metrics that drive long-term value creation, including interconnection and monthly recurring revenue, and we accelerated capacity to meet broad-based demand.
Equinix's CEO is pinning the third quarter on interconnection and recurring revenue, and says new capacity is coming online faster to absorb AI-era demand. For a $99.4 billion landlord of the internet's plumbing, the pace of that buildout is the number to track next quarter.
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Equinix is compounding customer lock-in: CEO Adaire Fox-Martin reported double-digit growth in interconnection and monthly recurring revenue in third-quarter 2026 earnings. Deeper customer entrenchment inside its data centers means lower churn and more predictable revenue.
Interconnection revenue, paid by customers linking directly to networks, clouds, and businesses in the same facility, is the signal to isolate. Double-digit growth there points to accelerating demand for private, low-latency connectivity.
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Equinix accelerated capacity additions to meet what Fox-Martin called broad-based demand. That buildout pace reads as management confidence in sustained occupancy, and it only makes sense with a leasing pipeline strong enough to absorb it.
Broad-based demand implies leasing is not concentrated in one vertical or geography, limiting the risk that a single slowdown drags results. Watch whether that holds as new capacity comes online.
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Mentioned: EQIX