Equinix raised its FY2026 revenue forecast to $10.144‑$10.244 billion, a $21 million increase over prior guidance.
Adjusted EBITDA outlook was lifted to $5.165‑$5.245 billion, adding $24 million to the previous estimate.
Q1 revenue grew 10% YoY with net income up 21%, though both missed analyst expectations.
Record Q1 gross bookings, driven by AI, created a backlog where ~60% of largest deals were AI‑related; MRR rose 12% YoY.