Quarterly Financial Information (Unaudited)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information (Unaudited)

Quarterly Financial Information (Unaudited)The Company believes that period-to-period comparisons of its financial results should not be relied upon as an indication of future performance. The Company's revenues and results of operations have been subject to significant fluctuations, particularly on a quarterly basis, and the Company's revenues and results of operations could fluctuate significantly quarter-to-quarter and year-to-year. Significant quarterly fluctuations in revenues will cause fluctuations in the Company's cash flows and the cash and cash equivalents and accounts receivable accounts on the Company's consolidated balance sheet. Causes of such fluctuations may include the volume and timing of new orders and renewals, the timing of the opening of new IBX data centers, the sales cycle for the

Company's offerings, the introduction of new offerings, changes in prices and pricing models, trends in the internet infrastructure industry, general economic conditions, extraordinary events such as acquisitions or litigation and the occurrence of unexpected events.

The unaudited quarterly financial information presented below has been prepared by the Company and reflects all adjustments, consisting only of normal recurring adjustments, which in the opinion of management are necessary to present fairly the financial position and results of operations for the interim periods presented.

The following tables present selected quarterly information (in thousands, except per share data):

	2020
	Quarters Ended
	March 31		June 30		September 30		December 31
Revenues	$	1,444,542	$	1,470,121	$	1,519,767	$	1,564,115
Gross profit	708,260		730,777		751,788		733,380
Net income attributable to Equinix	118,792		133,304		66,687		50,994
Earnings per share attributable to Equinix:
Basic	1.39		1.53		0.75		0.57
Diluted	1.38		1.52		0.74		0.57

	2019
	Quarters Ended
	March 31		June 30		September 30		December 31
Revenues	$	1,363,218	$	1,384,977	$	1,396,810	$	1,417,135
Gross profit	681,188		686,798		692,471		691,499
Net income attributable to Equinix	118,078		143,527		120,850		124,995
Earnings per share attributable to Equinix:
Basic	1.44		1.70		1.42		1.47
Diluted	1.44		1.69		1.41		1.46