Equinix (EQIX) EBITDA Margin (2009 - 2026)
Equinix (EQIX) posted EBITDA Margin of 44.65% for Q3 2026, up 1.17 percentage points from 43.48% a year earlier but down 1.90 percentage points from the prior quarter.
Equinix (EQIX) EBITDA Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBITDA Margin at Equinix was 44.37%, up 3.45 percentage points year-over-year; for FY2025, it was 42.47%, up 1.69 percentage points from FY2024.
- Annual EBITDA Margin shows a five-year change of +0.92 percentage points (FY2020 to FY2025).
- In prior years, Equinix's EBITDA Margin was 40.78% in FY2024 (-2.14 pp), 42.92% in FY2023 (+2.23 pp), 40.69% in FY2022 (-1.23 pp) and 41.92% in FY2021 (+0.38 pp).
- Quarterly EBITDA Margin has run from a low of 29.32% in Q4 2024 to a high of 46.55% in Q2 2026 over five years.
- On a year-over-year basis, EBITDA Margin has increased in each of the last four quarters, with an average year-over-year change of +1.16 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was Q4 2025, with a gain of 10.88 percentage points; the weakest was Q4 2024, with a drop of 9.21 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 46.55% (Q2 2026), 45.87% (Q1 2026) and 40.21% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 4,053.44 Bn | 3,988.94 Bn | 62.56 Bn | 62.48% |
| 2 | International Business Machines | 233.06 Bn | 187.67 Bn | 9.71 Bn | 23.94% |
| 3 | Cloudflare | 104.99 Bn | 87.43 Bn | 557.23 Mn | 4.32% |
| 4 | Equinix | 104.22 Bn | 92.12 Bn | 1.31 Bn | 44.65% |
| 5 | Nebius | 34.23 Bn | 7.66 Bn | 448.70 Mn | 14.39% |
| 6 | Verisign | 27.57 Bn | 24.92 Bn | 393.20 Mn | 68.47% |
| 7 | CoreWeave | 26.79 Bn | 13.88 Bn | 1.70 Bn | 53.94% |
| 8 | Nutanix | 15.96 Bn | 7.65 Bn | 651.35 Mn | 11.68% |
| 9 | GoDaddy | 13.95 Bn | 9.33 Bn | 843.00 Mn | 27.96% |
| 10 | Akamai Technologies | 11.60 Bn | 5.00 Bn | 613.75 Mn | 24.45% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 44.65% |
| Jun 30, 2026 | 46.55% |
| Mar 31, 2026 | 45.87% |
| Dec 31, 2025 | 40.21% |
| Sep 30, 2025 | 43.48% |
| Jun 30, 2025 | 46.37% |
| Mar 31, 2025 | 44.54% |
| Dec 31, 2024 | 29.32% |
| Sep 30, 2024 | 44.34% |
| Jun 30, 2024 | 43.08% |
| Mar 31, 2024 | 42.08% |
| Dec 31, 2023 | 38.53% |
| Sep 30, 2023 | 41.19% |
| Jun 30, 2023 | 39.57% |
| Mar 31, 2023 | 38.02% |
| Dec 31, 2022 | 38.73% |
| Sep 30, 2022 | 41.72% |
| Jun 30, 2022 | 41.58% |
| Mar 31, 2022 | 40.75% |
| Dec 31, 2021 | 39.86% |
Equinix EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=EQIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "EQIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=EQIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();