Equinix stock tracks record bookings and higher 2026 outlook

Equinix is strengthening its growth case with record bookings, expanding AI infrastructure and a third increase to its 2026 outlook. The data center operator reported the update after its third-quarter results for the period ended September 30, 2026, as ad-hoc-news.de reported.

Bookings support higher targets

Annualized gross bookings reached 533 million US dollars in the third quarter, up 35 percent from a year earlier. Revenue rose 11 percent to 2.571 billion US dollars on an as-reported basis, while normalized and constant-currency growth was 12 percent. Monthly recurring revenue increased at a double-digit rate for the fourth consecutive quarter.

Adjusted EBITDA rose 15 percent to 1.321 billion US dollars, and adjusted funds from operations increased 20 percent to 1.156 billion US dollars. AFFO per diluted share grew 18 percent to 11.64 US dollars on a reported basis, although the company said a non-recurring fee related to its atNorth investment supported the comparison.

AI products broaden capacity plans

Chief Executive Adaire Fox-Martin said Equinix was accelerating capacity delivery to meet broad-based demand. The company introduced Fabric One for distributed cloud, network and AI environments and announced Equinix Inference Exchange with NVIDIA and Together AI. Nearly 40 percent more cabinets are planned for delivery in 2026 than initially expected.

For the full year, Equinix expects revenue of 10.325 billion to 10.365 billion US dollars, adjusted EBITDA of 5.290 billion to 5.330 billion US dollars and AFFO of 4.340 billion to 4.380 billion US dollars. The fourth-quarter revenue forecast is 2.684 billion to 2.724 billion US dollars, with an adjusted EBITDA margin of 49 to 50 percent.

Quote and investor focus

Equinix stock traded at 902.60 euros on Lang & Schwarz at 16:11 CET on Thursday, November 5, 2026. The real-time quote of Equinix stock can be followed during trading.

The S&P 500 offers the broader US market backdrop for investors assessing Equinix and other technology infrastructure companies; see current market reports.

Further capacity deliveries, fourth-quarter execution and the conversion of bookings into recurring revenue are the next operating milestones. More news and analyses on Equinix stock are available here.