Equinix (EQIX) EBITDA Margin (2009 - 2026)
Equinix (EQIX) posted EBITDA Margin of 25.33% for Q2 2026, up 7.3% on a QoQ basis from 23.61% in Q1 2026, and up 344.0% year-over-year from 5.71% in Q2 2025.
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Equinix (EQIX) EBITDA Margin (2009 - 2026) Analysis & Trends
Equinix has reported EBITDA Margin for 18 years, with the latest figure at 25.33% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 344.0% year-over-year to 25.33% in Q2 2026; TTM through Jun 2026 was 21.81%, a 526.0% increase from a year earlier, with the FY2025 full-year figure at 20.05%, up 487.0% from the prior year.
- EBITDA Margin was 25.33% for Q2 2026 at Equinix, up from 23.61% in the prior quarter.
- The five-year high for EBITDA Margin was 25.33% in Q2 2026, with the low at 4.56% in Q4 2024.
- Average EBITDA Margin over 5 years is 18.06%, with a median of 17.8% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: EBITDA Margin tumbled 1184 bps in 2024, then surged 1288 bps in 2025.
- Over 5 years, EBITDA Margin stood at 15.06% in 2022, then increased by 9 bps to 16.4% in 2023, then slumped by 72 bps to 4.56% in 2024, then jumped by 283 bps to 17.44% in 2025, then soared by 45 bps to 25.33% in 2026.
- The last three EBITDA Margin figures came in at 25.33% (Q2 2026), 23.61% (Q1 2026), and 17.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | 25.33% |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | -266.29% |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | -48.24% |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | -241.32% |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | 14.17% |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | -47.79% |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | 33.05% |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | 24.33% |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | -9.32% |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | -252.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.33% |
| 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% |