EQIX · Equinix Q2 FY2026 earnings call record财报电话会记录

“Annualized gross bookings grew 23%, our second highest volume on record.”

“Total sales activity, inclusive of annualized gross bookings and pre-sales, grew over 30%, and we continue to see a record backlog.”

“Through 2029, we expect total revenue growth in the 10%-13% range annually, with AFFO per share growing 9%-12% during the same period.”

“To capture the robust demand in front of us, we plan to invest $5 billion-$7 billion in CapEx annually through 2029.”

“For the third quarter, we anticipate continuing strength, including MRR growth of 9%-11% year-over-year, total revenue growth of 10%-12% year-over-year, and an adjusted EBITDA margin of 51%.”

“For the full year, with dollar amounts discussed prior to FS adjustments, we're raising total revenue guidance by $100 million, improving our expected growth range to 11%-12%.”

“Capital expenditures in the $5 billion-$7 billion range per year, excluding real estate acquisitions and xScale.”

“As you know, we have a payout ratio in the 50% range, so we will have a sizable retained cash flow, and the rest of the financing will be done through debt.”

“When you look out to 2029, do you think the capacity that you'll have online will largely match demand, or you think you'll still be short supply relative to what customers desire?”

“I guess as we look out to 2029, our job is to be very thoughtful about how we deploy our CapEx, how we deploy it in order for highest value, how we deploy it in those metros where we know we will have maximal opportunity to maximize our returns.”

“By the end of the planning period, we will have about 2 GW still available, and this additional CapEx will use about 0.3 GW of power.”

“We're very attractive for that for customers because we have a presence in 36 countries, and our Fabric capability allows our customers to geo-fence the traffic into a particular country.”