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Entity dossier · Nº 013

Equinix, Inc.

REIT - Specialty NASDAQ: EQIX Public equinix.com ↗ Redwood City, CA, United States SEC CIK 1101239 ↗

Rising capex and revenue indicate ongoing data-center expansion. Single policy item shows regulatory engagement on efficiency metrics. Model synthesis · opinion

Unranked · insufficient data
Kardashev-equivalent K 0.166

45.6 MW average power · 399 GWh/yr electricity consumed (2025).

K = (log₁₀P − 6) / 10 with P in watts. Humanity today ≈ K 0.73. Computed in code from the reported figure — source: delivery-p112322-e1154416.adobeaemcloud.com/adobe/assets/....

Not ranked: insufficient data: 53% of weight scored (needs 60%). We publish what was verified, but an entity is ranked only with at least 60% of the weight scored, more than 40% of the scored weight measured, and confidence above 20%. Ranking rules. Missing data is never filled with a default.

Index composition

65% measured · 35% opinion · method
Energy throughput Measured 30% 1.6   58%
Compute capacity Measured 20% —   no data
Growth gradient Measured 15% 6.1   71%
Frontier acceleration Opinion 15% —   no data
Builder velocity Opinion 12% —   no data
Permission to build Opinion 8% 4.0   51%

Index = weighted mean of the scored categories (weights renormalized over what was scored) · coverage 53% · confidence 32% · measured share 85% of the scored weight (opinion 15%). No “overall” is asked of the model. Scores are AI-assisted (disclosures).

Run history

Every published measurement, newest first. N is the run on the leaderboard now; failed attempts are not shown. Unranked runs show no Index; Δ and the Index trend compare ranked runs only.

A trend line appears after the second published run.

RunPublishedIndexΔK-equivMethodView
N current 2026-10-10 Unranked — 0.166 pipeline-v2.9 · weights-v1 · rubrics-v1 viewing

Measured — computed in code from reported figures

Joules · weight 30%

Energy throughput

1.6/ 10

Reported electricity consumed: 399,371 MWh (2025) = 399 GWh/yr → 45.6 MW average → score 1.6, K = 0.166. Electricity only (fuels not included), so this likely understates total energy.

P = annual energy (J) / seconds per year → average watts. Score = clamp(2.5 × (log₁₀P − 7), 0, 10). Kardashev-equivalent K = (log₁₀P − 6) / 10. · confidence 58%

Watts of thought · weight 20%

Compute capacity

—no data

No verified operating data-center capacity was found, so this category is unscored.

Score = clamp(2.5 × log₁₀(MW), 0, 10).

Slope · weight 15%

Growth gradient

6.1/ 10

Compound annual growth: capex +24%/yr over 3y, revenue +8%/yr over 3y → score 6.1. Not available: energy (confidence reduced).

  • Verified evidence
  • PaymentsToAcquireProductiveAssets = 2,278,000,000 USD for fiscal year ended 2022-12-31 (10-K, accession 0001628280-25-005126) sec.gov · fetched 2026-10-10 ↗
  • PaymentsToAcquireProductiveAssets = 2,781,000,000 USD for fiscal year ended 2023-12-31 (10-K, accession 0001101239-26-000032) sec.gov · fetched 2026-10-10 ↗
  • PaymentsToAcquireProductiveAssets = 3,066,000,000 USD for fiscal year ended 2024-12-31 (10-K, accession 0001101239-26-000032) sec.gov · fetched 2026-10-10 ↗
  • PaymentsToAcquireProductiveAssets = 4,311,000,000 USD for fiscal year ended 2025-12-31 (10-K, accession 0001101239-26-000032) sec.gov · fetched 2026-10-10 ↗
  • +4 more in Reported figures
Each available sub-metric's compound annual growth rate (up to 3 years) is mapped piecewise-linearly through the anchors, then combined with weights capex 50%, revenue 25%, energy 25% (renormalized over what is available). · confidence 71%

Opinion — model-judged against written rubrics, from verified quotes only

Opinion · Capability · weight 15%

Frontier acceleration

—insufficient

Insufficient verified evidence for this rubric.

Opinion Rubric

Opinion · Shipping · weight 12%

Builder velocity

—insufficient

Insufficient verified evidence for this rubric.

Opinion Rubric

Opinion · Policy · weight 8%

Permission to build

4.0/ 10

Engaged EU EED recast recommending PUE/WUE metrics in support of efficiency measures [E359]. Neutral/mixed record; no advocacy for permitting reform or open tech.

  • Verified evidence
  • EU Energy Efficiency Directive (EED): Equinix engaged with the European Commission (EC) and has been involved with its recast of the EU EED. In support of the Directive's energy efficiency measures, we recommended that the EC adopt efficiency metrics and targets such as PUE, WUE, REF, and ERF delivery-p112322-e1154416.adobeaemcloud.com · fetched 2026-10-10 ↗
Opinion Rubric · confidence 51%

Reported figures

MetricValuePeriodSource
Capital expenditure 4,311,000,000 USD FY2025 sec.gov ↗ SEC XBRL
Capital expenditure 3,066,000,000 USD FY2024 sec.gov ↗ SEC XBRL
Capital expenditure 2,781,000,000 USD FY2023 sec.gov ↗ SEC XBRL
Capital expenditure 2,278,000,000 USD FY2022 sec.gov ↗ SEC XBRL
Revenue 9,217,000,000 USD FY2025 sec.gov ↗ SEC XBRL
Revenue 8,748,000,000 USD FY2024 sec.gov ↗ SEC XBRL
Revenue 8,188,000,000 USD FY2023 sec.gov ↗ SEC XBRL
Revenue 7,263,000,000 USD FY2022 sec.gov ↗ SEC XBRL
Electricity consumed 399,371 MWh 2025 delivery-p112322-e1154416.adobeaemcloud.com ↗

Sources we fetched and verified

  1. SEC XBRL company facts — EQUINIX INC data.sec.gov/api/xbrl/companyfacts/CIK0001101239.json · fetched 2026-10-10 · primary
  2. Sustainability at Equinix | Future First Strategy & ESG Initiatives equinix.com/about/sustainability?p=22826 · fetched 2026-10-10 · sha256 0628bfd0ab01 · primary
  3. 2024 CDP climate change and water survey | Equinix equinix.com/resources/infopapers/2024-equinix-sustainabil... · fetched 2026-10-10 · sha256 1257578e390c · primary
  4. 2023 CDP climate change survey | Equinix sustainability equinix.com/resources/infopapers/2023-equinix-sustainabil... · fetched 2026-10-10 · sha256 8cca46c4427b · primary
  5. Global Data Center Solutions for Critical Infrastructure | Equinix equinix.com/product-solutions/data-center · fetched 2026-10-10 · sha256 ecb01e218498 · primary
  6. equinix.com/content/dam/eqxcorp/en_us/documents/resources/solution-briefs/sb_data_center_sustainability_en.pdf equinix.com/content/dam/eqxcorp/en_us/documents/resources... · fetched 2026-10-10 · sha256 2aac11de012c · primary
  7. Shaping Sustainable Digital Transformation – Equinix's Global Approach to ESG Initiatives | Equinix Data sheet equinix.com/resources/data-sheets/shaping-sustainable-dig... · fetched 2026-10-10 · sha256 90dfff821ce0 · primary
  8. Equinix Sustainability Data Summary equinix.com/resources/data-sheets/sustainability-data-summary · fetched 2026-10-10 · sha256 45f18b5e174e · primary
  9. Environmental Sustainability | Equinix Green Data Center Initiatives equinix.com/about/sustainability/environmental · fetched 2026-10-10 · sha256 24a0205174e6 · primary
  10. 2025 Sustainability Report | Equinix equinix.com/about/sustainability/annual-report · fetched 2026-10-10 · sha256 b3b589304385 · primary
  11. Annual Reports :: Equinix, Inc. (EQIX) investor.equinix.com/sec-filings/annual-reports · fetched 2026-10-10 · sha256 bf53c2045bb5 · primary
  12. 2025 CDP Climate Change and Water Survey delivery-p112322-e1154416.adobeaemcloud.com/adobe/assets/... · fetched 2026-10-10 · sha256 de20af13186e

5 other candidate links were rejected (dead, soft-404, blocked or unreadable) and are not shown.

Run N · 2026-10-10 13:46 PDT · 1m 06s · 8 stages · grok-4.3
StageStatusTimeWeb searches
resolvesucceeded4.1 s2
researchsucceeded15 s3
edgarsucceeded0.3 s—
fetchsucceeded19 s—
extractsucceeded15 s—
computesucceeded0.0 s—
judgesucceeded12 s—
aggregatesucceeded0.0 s—

pipeline-v2.9 · prompts-v2.5 · rubrics-v1 · weights-v1 · bundle f7ca9a5c4a2a · code eb7ac43

Last updated 2026-10-10 How the Index is computed