Equinix, the world’s largest colocation and interconnection provider, delivered solid growth in the first half of 2025, driven by strong enterprise demand, hyperscale adoption, and capacity expansion in Singapore and Paris. Revenue reached $2.32B in Q1 and $2.36B in Q2, supported by expanding bookings and a growing interconnection ecosystem.
Financial Highlights
- Q1 2025: Revenue rose 10% YoY to $2.32B; Adjusted EBITDA hit $1.05B; New bookings totaled $164M.
- Q2 2025: Revenue climbed 11% YoY to $2.36B; Adjusted EBITDA improved to $1.08B; Net income reached $235M ($2.32/share).
- Full-Year Outlook: Reaffirmed revenue guidance of $9.3–$9.5B; raised AFFO/share guidance to $35.75–$36.75.
Expansion and Interconnection Growth
Singapore & Paris Expansion
- Capacity added at SG5 (Singapore) and PA10 (Paris).
- Reinforces Equinix’s dominance in two of the world’s most connected metros.
Interconnection Services
- Total interconnections surpassed 466,000 globally, up 7% YoY.
- Quarterly interconnection revenue crossed $400M, showing demand for hybrid and multi-cloud deployments.
Enterprise Demand
- Strong momentum beyond hyperscalers:
- Financial services
- Network providers
- Digital-native enterprises
- Platform Equinix ecosystem continues to lock in enterprise customers and cloud partners.
Asia Cloud View: The Intel
Equinix’s H1 performance reaffirms why it dominates colocation and interconnection globally.
- ⚡ Expansion in Singapore and Paris strengthens presence in dense, high-demand metros.
- 🔗 Interconnection growth reflects the ecosystem advantage that differentiates Equinix from rivals.
- 📊 Competitors like Digital Realty focus on new geographies and hyperscale campuses, but Equinix leans on dense interconnection fabrics that enterprises can’t easily replicate.
For global businesses, Equinix is evolving from a data center landlord into the digital economy’s meeting point—where clouds, enterprises, and networks converge.