Equinix (EQIX) EBITDA Margin (2009 - 2026)
Equinix (EQIX) recorded quarterly EBITDA Margin of 23.61% in Q1 2026, up 35.39% quarter-over-quarter from 17.44% in Q4 2025, and up 302.0% on a YoY basis from 5.87% in Q1 2025.
Equinix (EQIX) EBITDA Margin (2009 - 2026) Analysis & Trends
Equinix's EBITDA Margin history runs 18 years deep, the most recent figure standing at 23.61% for Q1 2026.
- In Q1 2026, EBITDA Margin rose 302.0% year-over-year to 23.61%; the TTM figure through Mar 2026 stood at 20.85% (up 477.0% YoY), while the FY2025 annual figure was 20.05%, up 487.0% from the prior year.
- EBITDA Margin was 23.61% for Q1 2026 at Equinix, up from 17.44% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 23.61% in Q1 2026 to a low of 4.56% in Q4 2024.
- Historically, EBITDA Margin has averaged 17.64% across 5 years, with a median of 17.49% in 2022.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin plunged 1184 bps in 2024, then jumped 1288 bps in 2025.
- A 5-year view of EBITDA Margin shows it stood at 15.06% in 2022, then grew by 9 bps to 16.4% in 2023, then tumbled by 72 bps to 4.56% in 2024, then soared by 283 bps to 17.44% in 2025, then surged by 35 bps to 23.61% in 2026.
- The last three EBITDA Margin figures came in at 23.61% (Q1 2026), 17.44% (Q4 2025), and 20.47% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 23.61% |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 45.27% |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | 16.38% |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 14.95% |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 30.34% |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 53.86% |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 14.30% |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 25.57% |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | 55.19% |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 17.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.61% |
| Dec 31, 2025 | 17.44% |
| Sep 30, 2025 | 20.47% |
| Jun 30, 2025 | 21.90% |
| Mar 31, 2025 | 20.58% |
| Dec 31, 2024 | 4.56% |
| Sep 30, 2024 | 19.31% |
| Jun 30, 2024 | 20.19% |
| Mar 31, 2024 | 17.11% |
| Dec 31, 2023 | 16.40% |
| Sep 30, 2023 | 18.49% |
| Jun 30, 2023 | 16.44% |
| Mar 31, 2023 | 17.26% |
| Dec 31, 2022 | 15.06% |
| Sep 30, 2022 | 18.10% |
| Jun 30, 2022 | 17.49% |
| Mar 31, 2022 | 15.41% |
| Dec 31, 2021 | 14.63% |
| Sep 30, 2021 | 16.84% |
| Jun 30, 2021 | 16.81% |