Equinix (EQIX) Gross Margin (2009 - 2026)
Equinix (EQIX) recorded quarterly Gross Margin of 90.14% in Q1 2026, up 253.73% quarter-over-quarter from 58.64% in Q4 2025, and up 43.0% on a YoY basis from 63.03% in Q1 2025.
Equinix (EQIX) Gross Margin (2009 - 2026) Analysis & Trends
Equinix's Gross Margin history runs 18 years deep, the most recent figure standing at 90.14% for Q1 2026.
- In Q1 2026, Gross Margin rose 43.0% year-over-year to 90.14%; the TTM figure through Mar 2026 stood at 42.95% (down 6645.0% YoY), while the FY2025 annual figure was 51.09%, down 3872.0% from the prior year.
- Gross Margin was 90.14% for Q1 2026 at Equinix, up from 58.64% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 205.26% in Q4 2024 to a low of 69.54% in Q4 2022.
- Historically, Gross Margin has averaged 59.59% across 5 years, with a median of 51.95% in 2025.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 15702 bps in 2024, then slumped 26390 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 69.54% in 2022, then soared by 169 bps to 48.25% in 2023, then surged by 325 bps to 205.26% in 2024, then tumbled by 129 bps to 58.64% in 2025, then soared by 254 bps to 90.14% in 2026.
- The last three Gross Margin figures came in at 90.14% (Q1 2026), 58.64% (Q4 2025), and 90.54% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 104.53 Bn | 101.50 Bn | 2.20 Bn | 90.14% |
| 2 | American Tower | 86.20 Bn | 92.70 Bn | 2.70 Bn | 98.59% |
| 3 | Digital Realty Trust | 63.76 Bn | 62.92 Bn | - | - |
| 4 | Crown Castle | 38.57 Bn | 38.52 Bn | 984.00 Mn | 97.43% |
| 5 | Iron Mountain | 37.41 Bn | 37.43 Bn | 1.05 Bn | 54.04% |
| 6 | Sba Communications | 20.70 Bn | 20.79 Bn | 532.10 Mn | 75.64% |
| 7 | Weyerhaeuser | 17.74 Bn | 17.44 Bn | 318.00 Mn | 18.41% |
| 8 | Lamar Advertising | 15.68 Bn | 15.63 Bn | 403.56 Mn | 67.72% |
| 9 | Gaming & Leisure Properties | 13.22 Bn | 13.62 Bn | - | - |
| 10 | OUTFRONT Media | 5.51 Bn | 5.47 Bn | 202.10 Mn | 47.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 90.14% |
| Dec 31, 2025 | -58.64% |
| Sep 30, 2025 | 90.54% |
| Jun 30, 2025 | 51.95% |
| Mar 31, 2025 | 89.71% |
| Dec 31, 2024 | 205.26% |
| Sep 30, 2024 | 89.23% |
| Jun 30, 2024 | 49.88% |
| Mar 31, 2024 | 48.71% |
| Dec 31, 2023 | 48.25% |
| Sep 30, 2023 | 89.71% |
| Jun 30, 2023 | 47.45% |
| Mar 31, 2023 | 54.79% |
| Dec 31, 2022 | -69.54% |
| Sep 30, 2022 | 89.51% |
| Jun 30, 2022 | 48.81% |
| Mar 31, 2022 | 47.19% |
| Dec 31, 2021 | 88.88% |
| Sep 30, 2021 | 47.13% |
| Jun 30, 2021 | 47.82% |