Direct Answer
Equinix reports revenue across 3 business segments in its fiscal 2025 Form 10-K. Americas is the largest, with $4.1 billion of revenue (45% of the total), followed by EMEA at $3.1 billion (34%).
How Does Equinix Make Money?
No single line supplies a majority of revenue: the largest, Americas, is 45%, which spreads Equinix's exposure across several demand drivers. Between fiscal 2024 and 2025, Americas grew fastest (+6.4%) and Asia Pacific slowest (+3.0%), so the revenue mix tilts toward Americas while that gap lasts.
| Segment | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Americas | $4.1 billion | $3.9 billion | 44.6% | 6.4% |
| EMEA | $3.1 billion | $3.0 billion | 34.0% | 5.5% |
| Asia Pacific | $2.0 billion | $1.9 billion | 21.4% | 3.0% |
What Does Equinix Sell?
Equinix also breaks revenue down by product and service line, which shows what customers pay for rather than how management organizes the business.
| Product or service | FY2025 revenue | FY2024 revenue | Share of revenue | Change |
|---|---|---|---|---|
| Colocation | $6.5 billion | $6.1 billion | 70.3% | 6.9% |
| Interconnection | $1.7 billion | $1.5 billion | 18.0% | 9.0% |
| Non Recurring Revenues | $478 million | $564 million | 5.2% | -15.2% |
| Managed Infrastructure | $466 million | $467 million | 5.1% | -0.2% |
| Other | $143 million | $140 million | 1.6% | 2.1% |
What the Segment Figures Do Not Show
The rows above add up to 100% of Equinix's reported revenue for fiscal 2025; the difference is intersegment eliminations, corporate revenue or items the company reports outside its segments. Segment definitions are management's choice and change when a company reorganizes, in which case it restates prior years in the next filing, so a multi-year comparison should use the figures from a single filing. Revenue shows where sales come from, not where profit or cash is earned: a small segment can carry most of the margin.
Where These Numbers Come From
Every figure on this page is a value Equinix reported in the segment note and revenue disclosures of its Form 10-K filed February 11, 2026 (accession 0001101239-26-000032), read from the SEC's Financial Statement Data Sets. The prior-year column is the comparative figure from that same filing, so it reflects any restatement for a change in segments. Category names are the company's own XBRL labels, lightly reformatted for reading.
Rows that only total other rows (for example a "Products" line beside the individual products) are left out so nothing is counted twice. This page is educational and describes reported history for fiscal 2025; it is not a forecast or a recommendation.
Frequently Asked Questions
What are Equinix's business segments?
In its fiscal 2025 Form 10-K, Equinix reports revenue for Americas, EMEA and Asia Pacific.
Which part of Equinix brings in the most revenue?
Americas, with $4.1 billion of revenue in fiscal 2025, or 45% of the total.
Where does Equinix report its segment results?
In the segment note to the financial statements in its Form 10-K, most recently filed February 11, 2026, alongside management's discussion of each segment's results.