Equinix Inc
EQIXQ2 2025(EQIX Q1 FY2025)Estimated6% AI
AI Revenue %
6%
AI Fair Value
$3.7B
AI Revenue (Q)
$133.5M
Total Revenue (Q)
$2.2B
Source: SEC EDGAR SEC Filing Filing
View SEC Filing on SEC.govAnalysis
Total quarterly revenue was $2,225M. Revenue grew 4.6% YoY. Remaining performance obligations at ~$11.3B. The $15B AMER 2 JV is now operational. AI adoption continues to accelerate enterprise data center demand. Equinix is investing in liquid cooling and high-density infrastructure within IBX facilities. Increasing share of new bookings are AI-related (inference, edge AI, interconnection to AI cloud services). Estimated 6%: ~$134M AI-attributed / $2,225M = ~6.0%. Still conservative given most IBX revenue remains traditional enterprise IT.
Analyzed by claude-opus-4-6
Quoted Figures
Revenues $2,225
Condensed Consolidated Statements of Operations
approximately $11.3 billion of total revenues, including deferred installation revenues, are expected to be recognized in future periods
Notes - Remaining Performance Obligations
AI Products Identified (Ring 1)
IBX colocation for AI/ML workloadsEquinix Metal bare metal GPU instancesAI-optimized data centers (liquid cooling)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
xScale data centers (unconsolidated JV)Interconnection for cloud AI services
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix