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Quarterly Financial Information (Unaudited) | 12 Months Ended
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Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract] |
Quarterly Financial Information (Unaudited) | Quarterly Financial Information (Unaudited)The Company believes that period-to-period comparisons of its financial results should not be relied upon as an indication of future performance. The Company's revenues and results of operations have been subject to significant fluctuations, particularly on a quarterly basis, and the Company's revenues and results of operations could fluctuate significantly quarter-to-quarter and year-to-year. Significant quarterly fluctuations in revenues will cause fluctuations in the Company's cash flows and the cash and cash equivalents and accounts receivable accounts on the Company's consolidated balance sheet. Causes of such fluctuations may include the volume and timing of new orders and renewals, the timing of the opening of new IBX data centers, the sales cycle for the Company's offerings, the introduction of new offerings, changes in prices and pricing models, trends in the internet infrastructure industry, general economic conditions, extraordinary events such as acquisitions or litigation and the occurrence of unexpected events. The unaudited quarterly financial information presented below has been prepared by the Company and reflects all adjustments, consisting only of normal recurring adjustments, which in the opinion of management are necessary to present fairly the financial position and results of operations for the interim periods presented. The following tables present selected quarterly information (in thousands, except per share data):
| 2020
| Quarters Ended
| March 31 |  | June 30 |  | September 30 |  | December 31
Revenues | $ | 1,444,542 |  |  | $ | 1,470,121 |  |  | $ | 1,519,767 |  |  | $ | 1,564,115 |
Gross profit | 708,260 |  |  | 730,777 |  |  | 751,788 |  |  | 733,380 |
Net income attributable to Equinix | 118,792 |  |  | 133,304 |  |  | 66,687 |  |  | 50,994 |
Earnings per share attributable to Equinix: |  |  |  |  |  |  |
Basic | 1.39 |  |  | 1.53 |  |  | 0.75 |  |  | 0.57 |
Diluted | 1.38 |  |  | 1.52 |  |  | 0.74 |  |  | 0.57 |
| 2019
| Quarters Ended
| March 31 |  | June 30 |  | September 30 |  | December 31
Revenues | $ | 1,363,218 |  |  | $ | 1,384,977 |  |  | $ | 1,396,810 |  |  | $ | 1,417,135 |
Gross profit | 681,188 |  |  | 686,798 |  |  | 692,471 |  |  | 691,499 |
Net income attributable to Equinix | 118,078 |  |  | 143,527 |  |  | 120,850 |  |  | 124,995 |
Earnings per share attributable to Equinix: |  |  |  |  |  |  |
Basic | 1.44 |  |  | 1.70 |  |  | 1.42 |  |  | 1.47 |
Diluted | 1.44 |  |  | 1.69 |  |  | 1.41 |  |  | 1.46 |

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- References No definition available. + Details
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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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