Equinix Expands Global Data Center Capacity Amid Strong Q3 Growth

Data center services company Equinix reported strong third-quarter results for 2025, reflecting sustained growth in demand for cloud, AI, and interconnection capacity worldwide. The California-based company said it achieved record bookings and steady revenue growth while expanding capacity across key global metro markets.

It would underscore Equinix’s continuing appetite for data processing and storage in an increasingly AI-driven economy.

The company’s revenue for the quarter ending September 30, 2025, reached $2.316 billion, up 5% from the same period a year earlier. Operating income rose 12% to $474 million, representing a 20% margin. Equinix CEO Adaire Fox-Martin described the results as evidence of accelerating momentum heading into 2026. “We continue to meet the substantial and ongoing demand for our unique infrastructure and interconnection capabilities,” said Fox-Martin, adding that Equinix is scaling its metro-proximate capacity to support the next wave of AI and non-AI workloads globally.

Equinix reported more than $394 million in annualized gross bookings, a 14% increase over the previous quarter and up 25% from a year ago. The company also highlighted significant land acquisitions in Amsterdam, Chicago, Johannesburg, London, and Toronto, which will support more than 900 megawatts of new capacity as part of its long-term Build Bolder expansion strategy. Altogether, Equinix expects to reach around three gigawatts of total developable capacity by 2029.

Currently, the company has 58 major construction projects underway worldwide, including 12 xScale facilities designed to support large-scale hyperscaler and enterprise workloads. Among the latest projects is a new data center in Dallas – known as Dallas 12 – which will add around 67 megawatts of capacity and 3,700 cabinets once completed. In September, Equinix also entered its 77th metropolitan market with a new facility in Chennai, India, backed by a $69 million investment aimed at supporting local and global enterprises in one of the fastest-growing digital economies.

Equinix continues to emphasize infrastructure ownership as a strategic advantage, with more than 90% of its developments located on owned land or long-term ground leases. Over 75% of its current expansion spending is focused on major metropolitan regions where demand for high-density data centers is strongest.

Equinix also unveiled its new Distributed AI infrastructure solution during the quarter, featuring an AI-ready backbone and the Equinix Fabric Intelligence platform. This suite is designed to optimize distributed AI deployments, enabling workloads such as training, inference, and data management to operate efficiently across a globally connected network of 273 data centers in 77 markets. Through these efforts, Equinix aims to position itself as a critical enabler of global AI ecosystems. The initiative builds on partnerships with key industry players including Adobe, Dell, Groq, HPE, NVIDIA, WWT, Zayo, and Zoom.

Equinix’s Sustainability Commitments

Equinix’s customer base remains broad, spanning sectors such as healthcare, financial services, automotive, cloud, and telecommunications. The company closed over 4,400 transactions with more than 3,400 clients in the third quarter. Among its customers is pharmaceutical leader Bristol Myers Squibb, which uses Equinix’s low-latency digital infrastructure to connect AI-driven workloads and data sources globally. According to Equinix, this has improved both the speed and accuracy of drug discovery research while reducing operational costs.

Interconnection – the company’s hallmark service – also saw continued growth. Equinix now supports more than 499,000 active interconnections worldwide, adding 7,100 new physical and virtual connections during the quarter. Interconnection revenue climbed to $422 million, up 10% year-over-year, supported by a 57% increase in Equinix Fabric bookings. The company also expanded its network of cloud on-ramps in Barcelona and Dubai, further solidifying its role in providing low-latency connectivity for global enterprises and hyperscalers.

Equinix’s sustainability commitments remain central to its long-term strategy. The company has invested $2.3 billion in 151 environmentally focused projects across 31 countries, according to its 2025 Green Bond Allocation and Impact Report. These projects are projected to save nearly 200 gigawatt-hours of energy annually, prevent more than 440,000 metric tons of carbon emissions, and generate 1.9 million megawatt-hours of renewable energy.

To ensure future reliability and green energy integration, Equinix is working with energy providers to develop diversified power strategies that include expanded utility partnerships, on-site generation, and next-generation nuclear energy research. These initiatives align with the company’s Future First sustainability framework and are designed to help clients meet their own carbon-reduction goals while ensuring dependable global uptime.

For its ongoing sustainability progress, Equinix recently earned an EcoVadis Gold Medal, placing it among the top five percent of more than 150,000 companies evaluated globally for environmental and social performance.

With continued expansion, strong customer demand, and a deepening role in powering the world’s AI infrastructure, Equinix enters the final quarter of 2025 with growing momentum. The company’s ability to balance scale, sustainability, and performance underscores its position as one of the most critical players in the global digital economy.