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Equinix Posts Record Bookings, Raises Full-Year 2026 Guidance

Summarized from Real Estate

Equinix reported record annualized gross bookings of $533 million in Q3, up 35% year over year, and lifted its 2026 financial guidance.

Equinix Posts Record Bookings, Raises Full-Year 2026 Guidance

Equinix Inc. delivered record annualized gross bookings of $533 million in its third quarter, a 35% increase compared with the same period a year earlier, the data center and colocation giant reported. The company attributed the performance to robust customer demand and strengthening pricing across its global platform.

Monthly recurring revenue grew at a double-digit pace year over year for the fourth consecutive quarter, underscoring what the company described as its central role in serving both traditional enterprise clients and emerging technology workloads. Sustained revenue momentum of that kind signals that long-term contracts and renewal activity remain healthy.

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The strong quarterly results prompted management to raise its guidance for 2026, a signal of confidence in continued demand for interconnection and data center capacity. Analysts broadly view forward guidance increases as a key indicator of a company's visibility into its own pipeline and pricing power.

Equinix operates at the intersection of cloud computing, artificial intelligence infrastructure buildout, and enterprise networking — sectors that have driven heightened appetite for colocation and interconnection services in recent years. The company's consecutive quarters of double-digit recurring revenue growth suggest that demand tailwinds remain intact heading into the next fiscal year.

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Frequently Asked Questions

Q.What were Equinix's annualized gross bookings in Q3?

Equinix reported record annualized gross bookings of $533 million in the third quarter, representing a 35% increase year over year.

Q.How many consecutive quarters has Equinix grown monthly recurring revenue by double digits?

Equinix grew monthly recurring revenue at a double-digit rate year over year for the fourth consecutive quarter as of its most recent quarterly report.

Q.Why did Equinix raise its 2026 guidance?

The company raised its 2026 guidance following robust demand and strengthening pricing that drove record bookings and sustained double-digit recurring revenue growth in Q3.

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