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Item 15. Exhibits and Financial Statement Schedules

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Item 15. Exhibits and Financial Statement Schedules

(a)(1) Financial Statements:

Report of Independent Registered Public Accounting Firm (PCAOB ID 238)F-1
Consolidated Balance Sheets as of December 31, 2025 and 2024F-3
Consolidated Statements of Operations for the years ended December 31, 2025, 2024 and 2023F-4
Consolidated Statements of Comprehensive Income (Loss) for the years ended December 31, 2025, 2024 and 2023F-5
Consolidated Statements of Stockholders' Equity and Other Comprehensive Income (Loss) for the years ended December 31, 2025, 2024 and 2023F-6
Consolidated Statements of Cash Flows for the years ended December 31, 2025, 2024 and 2023F-8
Notes to Consolidated Financial StatementsF-9

(a)(2) Financial Statement Schedules:

Schedule III - Schedule of Real Estate and Accumulated Depreciation as of December 31, 2025 with reconciliations for the years ended December 31, 2025, 2024 and 2023F-60

(a)(3) Exhibits:

Incorporated by Reference
Exhibit NumberExhibit DescriptionFormFiling Date/ Period End DateExhibitFiled Herewith
2.1Rule 2.7 Announcement, dated as of May 29, 2015. Recommended Cash and Share Offer for Telecity Group plc by Equinix, Inc.8-K5/29/20152.1
2.2Cooperation Agreement, dated as of May 29, 2015, by and between Equinix, Inc. and Telecity Group plc.8-K5/29/20152.2
2.3Amendment to Cooperation Agreement, dated as of November 24, 2015, by and between Equinix, Inc. and Telecity Group plc.10-K12/31/20152.3
2.4Transaction Agreement, dated as of December 6, 2016, by and between Verizon Communications Inc. and Equinix, Inc.8-K12/6/20162.1
2.5Amendment No. 1 to the Transaction Agreement, dated February 23, 2017, by and between Verizon Communications Inc. and Equinix, Inc.10-K12/31/20162.5
2.6Amendment No. 2 to the Transaction Agreement, dated April 30, 2017, by and between Verizon Communications Inc. and Equinix, Inc.8-K5/1/20172.1
2.7Amendment No. 3 to the Transaction Agreement, dated June 29, 2018, by and between Verizon Communications Inc. and Equinix, Inc.10-Q8/8/20182.7
3.1Amended and Restated Certificate of Incorporation of the Registrant, as amended to date.10-K/A12/31/20023.1
3.2Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Registrant.8-K6/14/20113.1
3.3Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Registrant.8-K6/11/20133.1
3.4Certificate of Amendment to the Amended and Restated Certificate of Incorporation of the Registrant.10-Q6/30/20143.4
3.5Certificate of Designation of Series A and Series A-1 Convertible Preferred Stock.10-K/A12/31/20023.3
3.6Amended and Restated Bylaws of the Registrant.8-K3/13/20233.1
4.1Reference is made to Exhibits 3.1, 3.2, 3.3, 3.4, 3.5 and 3.6.
4.2Indenture, dated as of December 12, 2017, between Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K12/5/20174.1
4.3Fifth Supplemental Indenture, dated as of November 18, 2019, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K11/18/20194.4
4.4Form of 2.900% Senior Note due 2026 (See Exhibit 4.3)
4.5Sixth Supplemental Indenture, dated as of November 18, 2019, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K11/18/20194.6
4.6Form of 3.200% Senior Note due 2029 (See Exhibit 4.5)8-K6/22/2020
4.7Seventh Supplemental Indenture, dated as of June 22, 2020, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K6/22/20204.2
4.8Form of 1.250% Senior Note due 2025 (See Exhibit 4.7)
4.9Eighth Supplemental Indenture, dated as of June 22, 2020, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K6/22/20204.4
4.10Form of 1.800% Senior Note due 2027 (See Exhibit 4.9)
4.11Ninth Supplemental Indenture, dated as of June 22, 2020, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K6/22/20204.6
4.12Form of 2.150% Senior Note due 2030 (see Exhibit 4.11)
4.13Tenth Supplemental Indenture, dated as of June 22, 2020, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K6/22/20204.8
4.14Form of 3.000% Senior Note due 2050 (See Exhibit 4.13)
4.15Eleventh Supplemental Indenture, dated as of October 7, 2020, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K10/7/20204.2
4.16Form of 1.000% Senior Note due 2025 (included in Exhibit 4.15)
4.17Twelfth Supplemental Indenture, dated as of October 7, 2020, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K10/7/20204.4
4.18Form of 1.550% Senior Note due 2028 (included in Exhibit 4.17)
4.19Thirteenth Supplemental Indenture, dated as of October 7, 2020, among Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K10/7/20204.6
4.20Form of 2.950% Senior Note due 2051 (included in Exhibit 4.19)
4.21Fourteenth Supplemental Indenture, dated as of March 10, 2021, between Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K3/11/20214.2
4.22Form of 0.250% Senior Note due 2027 (included in Exhibit 4.21)
4.23Fifteenth Supplemental Indenture, dated as of March 10, 2021, between Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K3/11/20214.4
4.24Form of 1.000% Senior Note due 2033 (included in Exhibit 4.23)
4.25Sixteenth Supplemental Indenture, dated as of May 17, 2021, between Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K5/17/20214.2
4.26Form of 1.450% Senior Note due 2026 (included in Exhibit 4.25)
4.27Seventeenth Supplemental Indenture, dated as of May 17, 2021, between Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K5/17/20214.4
4.28Form of 2.000% Senior Note due 2028 (included in Exhibit 4.27)
4.29Eighteenth Supplemental Indenture, dated May 17, 2021, between Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K5/17/20214.6
4.30Form of 2.500% Senior Note due 2031 (included in Exhibit 4.29)
4.31Nineteenth Supplemental Indenture, dated May 17, 2021, between Equinix, Inc. and U.S. Bank National Association, as Trustee.8-K5/17/20214.8
4.32Form of 3.400% Senior Note due 2052 (included in Exhibit 4.31)
4.33Twentieth Supplemental Indenture, dated as of April 5, 2022, between Equinix, Inc. and U.S. Bank Trust Company National Association, as Trustee.8-K4/5/20224.2
4.34Form of 3.900% Senior Notes due 2032 (included in Exhibit 4.33)
4.35Notes Purchase Agreement, dated February 7, 2023, and issued by Equinix Japan K.K. and Equinix, Inc. as Parent Guarantor.10-Q3/31/20234.39
4.36Terms and Conditions of the Swiss Francs bonds due September 12, 2028, issued by Equinix Europe 1 Financing Corporation LLC and guaranteed by Equinix, Inc. as Guarantor.10-Q9/30/20234.40
4.37Indenture, dated as of March 18, 2024, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as trustee.POSASR3/18/20244.40
4.38First Supplemental Indenture, dated as of May 30, 2024, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as trustee.8-K5/30/20244.20
4.39Form of 5.500% Senior Note due 2034 (included in Exhibit 4.38)
4.40Bond Purchase and Paying Agency Agreement dated September 2, 2024 between Equinix Europe 1 Financing Corporation LLC and Equinix, Inc. as Guarantor and BNP Paribas (Suisse) SA as Swiss Paying Agent and Deutsche Bank AG London Branch as Joint Lead Managers.10-Q9/30/20244.42
4.41Second Supplemental Indenture, dated as of September 3, 2024, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, Elavon Financial Services DAC, UK Branch, as paying agent, and U.S. Bank Trust Company, National Association, as registrar and trustee.8-K9/3/20244.2
4.42Form of 3.650% Senior Note due 2033 (included in Exhibit 4.41)8-K9/3/20244.3
4.43Third Supplemental Indenture, dated as of November 22, 2024, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, U.S. Bank Europe DAC, U.K. Branch, as paying agent, and U.S. Bank Trust Company, National Association, as registrar and trustee.8-K11/22/20244.2
4.44Form of 3.250% Senior Note due 2031 (included in Exhibit 4.43)8-K11/22/20244.3
4.45Fourth Supplemental Indenture, dated as of November 22, 2024, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, U.S. Bank Europe DAC, U.K. Branch, as paying agent, and U.S. Bank Trust Company, National Association, as registrar and trustee.8-K11/22/20244.4
4.46Form of 3.625% Senior Note due 2034 (included in Exhibit 4.45)8-K11/22/20244.5
4.47Fifth Supplemental Indenture, dated as of May 19, 2025, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, U.S. Bank Europe DAC, U.K. Branch, as paying agent, and U.S. Bank Trust Company, National Association, as registrar and trustee.8-K5/19/20254.2
4.48Form of 3.250% Senior Note due 2029 (included in Exhibit 4.47)8-K5/19/20254.3
4.49Sixth Supplemental Indenture, dated as of May 19, 2025, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, U.S. Bank Europe DAC, U.K. Branch, as paying agent, and U.S. Bank Trust Company, National Association, as registrar and trustee.8-K5/19/20254.4
4.50Form of 4.000% Senior Note due 2034 (included in Exhibit 4.49)8-K5/19/20254.5
4.51Seventh Supplemental Indenture, dated as of November 13, 2025, among Equinix Europe 2 Financing Corporation LLC, as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as trustee8-K11/13/20254.2
4.52Form of 4.600% Senior Note due 2030 (included in Exhibit 4.51)8-K11/13/20254.3
4.53Terms and Conditions of the U.S. $3,000,000,000 Euro Medium Term Note Program, established February 28, 2025, by Equinix Asia Financing Corporation Pte. Ltd. and guaranteed by Equinix, Inc.10-Q3/31/20254.47
4.54Pricing Supplement, dated March 6, 2025, for the 3.500% Singapore Dollar Senior Notes due 2030 issued under the U.S. $3,000,000,000 Euro Medium Term Note Program.10-Q3/31/20254.48
4.55Pricing Supplement, dated August 14, 2025, for the 2.900% Singapore Dollar Senior Notes due 2032 issued under the U.S. $3,000,000,000 Euro Medium Term Note Program.10-Q9/30/20254.53
4.56Indenture, dated as of November 24, 2025, among Equinix Canada Financing Ltd, as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as trustee8-K11/24/20254.1
4.57First Supplemental Indenture, dated as of November 24, 2025, among Equinix Canada Financing Ltd, as issuer, Equinix, Inc., as guarantor, and U.S. Bank Trust Company, National Association, as trustee8-K11/24/20254.2
4.58Form of 4.000% Senior Note due 2032 (included in Exhibit 4.57)8-K11/24/20254.3
4.59Form of Registrant's Common Stock Certificate.10-K12/31/20144.13
4.60Description of Securities.X
10.1Agreement for Purchase and Sale of Shares Among RW Brasil Fundo de Investimentos em Participaรงรฃo, Antรดnio Eduardo Zago De Carvalho and Sidney Victor da Costa Breyer, as Sellers, and Equinix Brasil Participaรงรฃoes Ltda., as Purchaser, and Equinix South America Holdings LLC., as a Party for Limited Purposes and ALOG Soluรงรตes de Tecnologia em Informรกtica S.A. as Intervening Consenting Party dated July 18, 2014.10-Q9/30/201410.67
10.2Credit Agreement dated January 7, 2022 by and among Equinix, Inc., as borrower, a syndicate of financial institutions, as lenders, Bank of America, N.A., as administrative agent, Citibank, N.A., JPMorgan Chase Bank, N.A., MUFG Bank, Ltd., RBC Capital Markets, Goldman Sachs Bank USA and HSBC Securities (USA) Inc., as co-syndication agents, Barclays Bank PLC, BNP Paribas, Deutsche Bank AG New York Branch, ING Bank N.V., Dublin Branch, Morgan Stanley Senior Funding, Inc., Sumitomo Mitsui Banking Corporation, The Bank of Nova Scotia and TD Securities (USA) LLC, as co-documentation agents, and BofA Securities, Inc., Citibank, N.A., JPMorgan Chase Bank, N.A., MUFG Bank, Ltd., RBC Capital Markets, Goldman Sachs Bank USA and HSBC Securities (USA) Inc., as joint lead arrangers and book runners.10-K12/31/202110.22
10.3First Amendment and Joinder to Credit Agreement dated April 4, 2025 by and among Equinix, Inc., Bank of America, N.A., as administrative agent, lender and L/C issuer, the lenders, Equinix Europe 1 Financing Corporation LLC and Equinix Europe 2 Financing Corporation LLC Securities.10-Q3/31/202510.3
10.4**Form of Indemnification Agreement between the Registrant and each of its officers and directors.S-4 (File No. 333-93749)12/29/199910.5
10.5**2000 Equity Incentive Plan, as amended.10-K12/31/202110.2
10.6**2020 Equity Incentive Plan, as amended.DEF 14A4/10/2025Appendix B
10.7**Equinix, Inc. 2004 Employee Stock Purchase Plan.DEF 14A4/12/2024Appendix B
10.8**2023 Form of Revenue/AFFO per Share/Digital Services Performance Restricted Stock Unit Agreement for Executives.10-Q3/31/202310.15
10.9**2023 Form of TSR Restricted Stock Unit Agreement for Executives.10-Q3/31/202310.16
10.10**2023 Form of Time-Based Restricted Stock Unit Agreement for Executives.10-Q3/31/202310.17
10.11**2024 Form of Revenue/AFFO per Share Performance Restricted Stock Unit Agreement for Executives.10-Q3/31/202410.34
10.12**2024 Form of TSR Restricted Stock Unit Agreement for Executives.10-Q3/31/202410.35
10.13**2024 Form of Time-Based Restricted Stock Unit Agreement for Executives.10-Q3/31/202410.36
10.14**2024 Form of Revenue/AFFO per Share Performance Restricted Stock Unit Agreement for Charles Meyers.10-Q6/30/202410.33
10.15**2024 Form of TSR Restricted Stock Unit Agreement for Charles Meyers.10-Q6/30/202410.34
10.16**2024 Form of Time-Based Restricted Stock Unit Agreement for Charles Meyers.10-Q6/30/202410.35
10.17**2025 Form of Revenue/AFFO per Share Performance Restricted Stock Unit Agreement for Executives.10-Q3/31/202510.20
10.18**2025 Form of TSR Restricted Stock Unit Agreement for Executives.10-Q3/31/202510.21
10.19**2025 Form of Time-Based Restricted Stock Unit Agreement for Executives.10-Q3/31/202510.22
10.20**2025 Form of Revenue/AFFO per Share Performance Restricted Stock Unit Agreement for Adaire Fox-Martin.10-Q3/31/202510.23
10.21**2025 Form of TSR Restricted Stock Unit Agreement for Adaire Fox-Martin.10-Q3/31/202510.24
10.22**2025 Form of Time-Based Restricted Stock Unit Agreement for Adaire Fox-Martin.10-Q3/31/202510.25
10.23**2025 Equinix, Inc. Annual Incentive Plan.10-Q3/31/202510.27
10.24**Offer Letter between Equinix, Inc. and Adaire Fox-Martin, dated as of March 7, 2024.8-K3/7/202410.1
10.25**Form of Severance Agreement between Equinix, Inc. and Adaire Fox-Martin.8-K3/7/202410.2
10.26**Executive Chairman Agreement between Equinix, Inc. and Charles Meyers, dated as of March 7, 2024.8-K3/7/202410.3
10.27**Amendment to Executive Chairman Agreement between Equinix, Inc. and Charles Meyers, dated as of March 11, 2025.10-Q3/31/202510.31
10.28**Severance Agreement between Equinix, Inc. and Keith Taylor dated October 3, 2019.10-Q9/30/201910.31
10.29**Severance Agreement between Equinix, Inc. and Brandi Galvin Morandi dated October 3, 2019.10-Q9/30/201910.26
10.30**Change in Control Severance Agreement between Equinix, Inc and Jon Lin dated January 2, 2022.10-K12/31/202210.24
10.31**Change in Control Severance Agreement between Equinix, Inc and Kurt Pletcher, dated September 27, 2022.10-Q9/30/202410.36
10.32**Change in Control Severance Agreement between Equinix, Inc and Raouf Abdel, dated October 3, 2019.10-Q9/30/202410.37
10.33**Offer Letter between Equinix, Inc. and Michael Shane Paladin, dated June, 26, 2025.10-Q6/30/202510.34
10.34**Transition Agreement between Equinix, Inc. and Keith Taylor, dated December 2, 2025.X
19.1Equinix, Inc. Securities Trading Policy.10-K12/31/202419.1
21.1Subsidiaries of Equinix, Inc.X
23.1Consent of PricewaterhouseCoopers LLP, Independent Registered Public Accounting Firm.X
31.1Chief Executive Officer Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
31.2Chief Financial Officer Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.X
32.1*Chief Executive Officer Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
32.2*Chief Financial Officer Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.X
97.1Equinix, Inc. Compensation Recoupment Policy.10-K12/31/202397.1
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  • Furnished herewith.

** Management contracts or compensation plans or arrangements in which directors or executive officers are eligible to participate.

(b)Exhibits.

See (a) (3) above.

(c)Financial Statement Schedules.

See (a) (2) above.

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