Equinix's recurring revenue growth has been consistently strong, driven by strategic expansions and innovations in interconnection services and AI-driven workloads. The company has achieved consecutive quarterly revenue growth for 22 years, with a 7% year-over-year increase in Q4 revenues1. This consistency is a testament to Equinix's ability to adapt to evolving technology trends and customer demands, as well as its focus on sustainability initiatives2. The company's forward-looking guidance for 2025 suggests a continued growth trajectory, with expected increases in revenue, adjusted EBITDA, and AFFO1. Overall, Equinix's recurring revenue growth demonstrates its ability to sustain long-term revenue growth in a dynamic industry landscape.