Equinix ended the first half of 2025 with strong momentum in both financial performance and infrastructure expansion. Revenues reached $2.23B in Q1 and $2.26B in Q2, while margins neared 50%: a clear signal of the company’s scale advantage in powering the world’s AI and multi-cloud ecosystems. Net income rose to $368M by Q2, marking a sharp increase from last year.
What’s Driving the Growth
1. AI Infrastructure
- NVIDIA selected Equinix as its first global partner to host Blackwell-powered DGX SuperPODs across 45 metros.
- Early adopters include Groq and Block, already deploying AI models inside Equinix facilities.
2. Enterprise Cloud
- Hyundai, EssilorLuxottica, and Schneider Electric expanded deployments.
- Use cases: connected cars, multi-cloud ecosystems, and sustainability goals.
3. Geographic Diversification
- New capacity added in Kuala Lumpur, Lagos, and Santiago.
- Three data centers in Manila acquired to strengthen APAC coverage.
4. Interconnection at Scale
- Surpassed 492,000 interconnections.
- Generated $400M+ quarterly interconnection revenue for the first time.
Asia Cloud View: The Intel
Equinix is no longer just a colocation landlord—it is emerging as the backbone of global AI and cloud ecosystems.
- With Singapore and other Tier-1 hubs constrained by land and power, Equinix is betting on emerging metros like Manila and Kuala Lumpur to absorb the next wave of demand.
- Interconnection, not just square footage, is the new battleground—delivering lower latency, faster AI model deployment, and multi-cloud access at scale.
- Equinix’s 50% EBITDA margins and $4B capex push send a strong message: the AI + cloud buildout is accelerating, not slowing down.
Strategic Implications
For enterprises, Equinix’s trajectory means:
- Faster time-to-market for AI workloads
- Reduced latency in multi-cloud environments
- Strategic access to emerging APAC metros that bypass Tier-1 constraints
For investors, the combination of high margins and infrastructure expansion cements Equinix as a core player in the AI infrastructure economy.