canar.ai
Rankings/EQIX/Q3 2023 Analysis

Equinix Inc

EQIX
Q3 2023(EQIX Q2 FY2023)Estimated2.5% AI
AI Revenue %
2.5%
AI Fair Value
$1.3B
AI Revenue (Q)
$50.5M
Total Revenue (Q)
$2.0B
Source: SEC EDGAR SEC Filing Filing
View SEC Filing on SEC.gov

Analysis

Total quarterly revenue was $2,019M (from income statement: $2,018M rounded). Revenue breakdown: Colocation $1,424M, Interconnection $347M, Managed Infrastructure $112M, Other $35M, plus non-recurring $101M. AI demand growing but Equinix's IBX business still predominantly enterprise IT and cloud interconnection. ~$50M AI-attributed / $2,019M = ~2.5%.
Analyzed by claude-opus-4-6

Quoted Figures

Colocation $1,424,050; Interconnection $347,038; Managed infrastructure $111,625; Other $34,857; Non-recurring $100,838; Total $2,018,408
Revenue disaggregation table (Q2 FY2023)

AI Products Identified (Ring 1)

IBX colocation for AI/ML workloadsEquinix Metal bare metal instances

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.

Interconnection for cloud AI servicesManaged infrastructure for AI-adjacent workloads

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix