Equinix Inc. (EQIX) shares surged 6.80% in after-hours trading on Wednesday, following the release of the company's fourth-quarter 2025 financial results and its outlook for the coming year.

The data center real estate investment trust reported adjusted funds from operations (FFO) of $8.91 per diluted share for Q4 2025, exceeding analyst estimates. While quarterly revenue slightly missed expectations, the company's forward guidance provided a significant boost to investor sentiment. Equinix expects full-year 2026 revenue in the range of $10.12 billion to $10.22 billion, surpassing the FactSet consensus estimate of $10.07 billion. Furthermore, the company projected adjusted FFO per share for 2026 between $41.93 and $42.74, above the consensus of $40.63.

Adding to the positive momentum, Equinix announced a 10% increase in its quarterly cash dividend to $5.16 per share, marking the 11th consecutive year of dividend growth since its REIT conversion. The company cited strong fourth-quarter results and accelerating business momentum as drivers for its robust 2026 outlook, highlighting a 10% year-over-year increase in monthly recurring revenue for Q4 2025.