Equinix (EQIX) FCF Margin (2009 - 2026)

Equinix's FCF Margin history runs 18 years deep, the most recent figure standing at 24.3% for Q1 2026.

• In Q1 2026, FCF Margin fell 1129.0% year-over-year to 24.3%; the TTM figure through Mar 2026 stood at 28.82% (down 1429.0% YoY), while the FY2025 annual figure was 31.65%, down 164.0% from the prior year.
• FCF Margin was 24.3% for Q1 2026 at Equinix, up from 22.36% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 101.99% in Q3 2025 to a low of 77.2% in Q4 2023.
• Historically, FCF Margin has averaged 26.58% across 5 years, with a median of 29.5% in 2022.
• The sharpest annual moves came in 2023 and 2024: FCF Margin plunged 10671 bps in 2023, then surged 11838 bps in 2024.
• A 5-year view of FCF Margin shows it stood at 29.5% in 2022, then sank by 362 bps to 77.2% in 2023, then surged by 153 bps to 41.18% in 2024, then plunged by 46 bps to 22.36% in 2025, then rose by 9 bps to 24.3% in 2026.
• The last three FCF Margin figures came in at 24.3% (Q1 2026), 22.36% (Q4 2025), and 101.99% (Q3 2025), per Business Quant data.