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Side-by-side financial comparison of Equinix (EQIX) and PINTEREST, INC. (PINS). Click either name above to swap in a different company.

Equinix is the larger business by last-quarter revenue ($2.4B vs $1.3B, roughly 1.8× PINTEREST, INC.). PINTEREST, INC. runs the higher net margin — 21.0% vs 11.0%, a 10.1% gap on every dollar of revenue. On growth, PINTEREST, INC. posted the faster year-over-year revenue change (14.3% vs 8.8%). Over the past eight quarters, PINTEREST, INC.'s revenue compounded faster (33.5% CAGR vs 5.9%).

Equinix Inc. is an American multinational company headquartered in Redwood City, California. It specialized in internet connectivity and data center colocation centers, commonly known as carrier hotels until the company converted to a real estate investment trust (REIT) in January 2015.

Pinterest is an American social media service for publishing and discovery of information in the form of digital pinboards. This includes recipes, home, style, motivation, and inspiration on the Internet using image sharing. Pinterest, Inc. was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp, and is headquartered in San Francisco.

EQIX vs PINS — Head-to-Head

Bigger by revenue
EQIX
EQIX
1.8× larger
EQIX
$2.4B
$1.3B
PINS
Growing faster (revenue YoY)
PINS
PINS
+5.6% gap
PINS
14.3%
8.8%
EQIX
Higher net margin
PINS
PINS
10.1% more per $
PINS
21.0%
11.0%
EQIX
Faster 2-yr revenue CAGR
PINS
PINS
Annualised
PINS
33.5%
5.9%
EQIX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
EQIX
EQIX
PINS
PINS
Revenue
$2.4B
$1.3B
Net Profit
$265.0M
$277.1M
Gross Margin
50.5%
82.8%
Operating Margin
17.4%
22.8%
Net Margin
11.0%
21.0%
Revenue YoY
8.8%
14.3%
Net Profit YoY
-22.7%
-85.0%
EPS (diluted)
$2.70
$0.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQIX
EQIX
PINS
PINS
Q1 26
$2.4B
Q4 25
$2.4B
$1.3B
Q3 25
$2.3B
$1.0B
Q2 25
$2.3B
$998.2M
Q1 25
$2.2B
$855.0M
Q4 24
$2.3B
$1.2B
Q3 24
$2.2B
$898.4M
Q2 24
$2.2B
$853.7M
Net Profit
EQIX
EQIX
PINS
PINS
Q1 26
$265.0M
Q4 25
$265.0M
$277.1M
Q3 25
$374.0M
$92.1M
Q2 25
$368.0M
$38.8M
Q1 25
$343.0M
$8.9M
Q4 24
$-14.0M
$1.8B
Q3 24
$297.0M
$30.6M
Q2 24
$301.0M
$8.9M
Gross Margin
EQIX
EQIX
PINS
PINS
Q1 26
50.5%
Q4 25
50.5%
82.8%
Q3 25
50.7%
79.8%
Q2 25
52.0%
79.7%
Q1 25
51.3%
76.7%
Q4 24
47.1%
82.9%
Q3 24
50.1%
79.1%
Q2 24
49.9%
78.3%
Operating Margin
EQIX
EQIX
PINS
PINS
Q1 26
17.4%
Q4 25
17.4%
22.8%
Q3 25
20.5%
5.6%
Q2 25
21.9%
-0.4%
Q1 25
20.6%
-4.1%
Q4 24
4.6%
22.7%
Q3 24
19.3%
-0.7%
Q2 24
20.2%
-2.5%
Net Margin
EQIX
EQIX
PINS
PINS
Q1 26
11.0%
Q4 25
11.0%
21.0%
Q3 25
16.1%
8.8%
Q2 25
16.3%
3.9%
Q1 25
15.4%
1.0%
Q4 24
-0.6%
160.1%
Q3 24
13.5%
3.4%
Q2 24
13.9%
1.0%
EPS (diluted)
EQIX
EQIX
PINS
PINS
Q1 26
$2.70
Q4 25
$2.70
$0.41
Q3 25
$3.81
$0.13
Q2 25
$3.75
$0.06
Q1 25
$3.50
$0.01
Q4 24
$-0.19
$2.66
Q3 24
$3.10
$0.04
Q2 24
$3.16
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQIX
EQIX
PINS
PINS
Cash + ST InvestmentsLiquidity on hand
$3.2B
$969.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$14.2B
$4.7B
Total Assets
$40.1B
$5.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQIX
EQIX
PINS
PINS
Q1 26
$3.2B
Q4 25
$3.2B
$969.3M
Q3 25
$2.9B
$1.1B
Q2 25
$4.5B
$1.2B
Q1 25
$3.7B
$1.3B
Q4 24
$3.6B
$1.1B
Q3 24
$3.2B
$1.0B
Q2 24
$2.0B
$1.4B
Total Debt
EQIX
EQIX
PINS
PINS
Q1 26
Q4 25
Q3 25
$17.3B
Q2 25
$18.1B
Q1 25
$15.9B
Q4 24
$15.3B
Q3 24
$15.4B
Q2 24
$14.5B
Stockholders' Equity
EQIX
EQIX
PINS
PINS
Q1 26
$14.2B
Q4 25
$14.2B
$4.7B
Q3 25
$14.2B
$4.8B
Q2 25
$14.1B
$4.8B
Q1 25
$13.9B
$4.7B
Q4 24
$13.5B
$4.8B
Q3 24
$13.6B
$2.9B
Q2 24
$12.3B
$3.2B
Total Assets
EQIX
EQIX
PINS
PINS
Q1 26
$40.1B
Q4 25
$40.1B
$5.5B
Q3 25
$38.1B
$5.5B
Q2 25
$38.8B
$5.4B
Q1 25
$36.1B
$5.3B
Q4 24
$35.1B
$5.3B
Q3 24
$35.4B
$3.5B
Q2 24
$32.9B
$3.7B
Debt / Equity
EQIX
EQIX
PINS
PINS
Q1 26
Q4 25
Q3 25
1.22×
Q2 25
1.28×
Q1 25
1.14×
Q4 24
1.13×
Q3 24
1.13×
Q2 24
1.18×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQIX
EQIX
PINS
PINS
Operating Cash FlowLast quarter
$391.2M
Free Cash FlowOCF − Capex
$380.4M
FCF MarginFCF / Revenue
28.8%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
1.41×
TTM Free Cash FlowTrailing 4 quarters
$1.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQIX
EQIX
PINS
PINS
Q1 26
Q4 25
$1.1B
$391.2M
Q3 25
$1.0B
$321.7M
Q2 25
$944.0M
$207.7M
Q1 25
$809.0M
$363.7M
Q4 24
$981.0M
$254.0M
Q3 24
$758.0M
$248.0M
Q2 24
$912.0M
$106.4M
Free Cash Flow
EQIX
EQIX
PINS
PINS
Q1 26
Q4 25
$-292.0M
$380.4M
Q3 25
$-122.0M
$318.4M
Q2 25
$-45.0M
$196.7M
Q1 25
$59.0M
$356.4M
Q4 24
$-6.0M
$250.2M
Q3 24
$34.0M
$244.1M
Q2 24
$264.0M
$101.6M
FCF Margin
EQIX
EQIX
PINS
PINS
Q1 26
Q4 25
-12.1%
28.8%
Q3 25
-5.3%
30.3%
Q2 25
-2.0%
19.7%
Q1 25
2.7%
41.7%
Q4 24
-0.3%
21.7%
Q3 24
1.5%
27.2%
Q2 24
12.2%
11.9%
Capex Intensity
EQIX
EQIX
PINS
PINS
Q1 26
Q4 25
59.3%
0.8%
Q3 25
49.1%
0.3%
Q2 25
43.8%
1.1%
Q1 25
33.7%
0.9%
Q4 24
43.7%
0.3%
Q3 24
32.9%
0.4%
Q2 24
30.0%
0.6%
Cash Conversion
EQIX
EQIX
PINS
PINS
Q1 26
Q4 25
4.32×
1.41×
Q3 25
2.71×
3.49×
Q2 25
2.57×
5.36×
Q1 25
2.36×
40.77×
Q4 24
0.14×
Q3 24
2.55×
8.12×
Q2 24
3.03×
11.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EQIX
EQIX

Segment breakdown not available.

PINS
PINS

United States And Canada$944.3M72%
Other$375.0M28%

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