Equinix (EQIX) Gross Margin (2009 - 2026)

Equinix's (EQIX) quarterly Gross Margin came in at 51.47% in Q1 2026, up 19.0% year-on-year from 43.25% in Q1 2025, and up 1.94% quarter-over-quarter from 50.5% in Q4 2025.

Equinix (EQIX) Gross Margin (2009 - 2026) Analysis & Trends

Equinix's Gross Margin history runs 18 years deep, the most recent figure standing at 51.47% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 19.0% year-over-year to 51.47% in Q1 2026; TTM through Mar 2026 was 51.14%, a 156.0% increase from a year earlier, with the FY2025 full-year figure at 51.09%, up 215.0% from the prior year.
  • Gross Margin improved to 51.47% in Q1 2026 per EQIX's latest filing, from 50.5% in the prior quarter.
  • Across five years, Gross Margin topped out at 54.79% in Q1 2023 and bottomed at 47.1% in Q4 2024.
  • The 5-year median for Gross Margin is 49.22% (2022), against an average of 49.63%.
  • Across the five-year window, Gross Margin soared 759 bps in 2023 and sank 608 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 48.14% in 2022, then increased by 0 bps to 48.25% in 2023, then slipped by 2 bps to 47.1% in 2024, then advanced by 7 bps to 50.5% in 2025, then gained by 2 bps to 51.47% in 2026.
  • Per Business Quant, the three latest EQIX Gross Margin figures stand at 51.47% (Q1 2026), 50.5% (Q4 2025), and 50.69% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Equinix 102.70 Bn 99.65 Bn 1.26 Bn 51.47%
2 American Tower 77.90 Bn 77.77 Bn 2.70 Bn 98.59%
3 Digital Realty Trust 66.37 Bn 63.95 Bn - -
4 Iron Mountain 37.20 Bn 36.95 Bn 1.05 Bn 54.04%
5 Crown Castle 32.40 Bn 32.35 Bn 23.00 Mn 46.94%
6 Sba Communications 18.30 Bn 18.30 Bn 532.10 Mn 75.64%
7 Weyerhaeuser 17.35 Bn 17.05 Bn 318.00 Mn 18.41%
8 Lamar Advertising 16.37 Bn 16.34 Bn 344.69 Mn 65.28%
9 Gaming & Leisure Properties 12.84 Bn 12.84 Bn - -
10 OUTFRONT Media 5.65 Bn 5.58 Bn 202.10 Mn 47.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 51.47%
Dec 31, 2025 50.50%
Sep 30, 2025 50.69%
Jun 30, 2025 51.95%
Mar 31, 2025 51.28%
Dec 31, 2024 47.10%
Sep 30, 2024 50.11%
Jun 30, 2024 49.88%
Mar 31, 2024 48.71%
Dec 31, 2023 48.25%
Sep 30, 2023 48.13%
Jun 30, 2023 47.45%
Mar 31, 2023 54.79%
Dec 31, 2022 48.14%
Sep 30, 2022 49.22%
Jun 30, 2022 48.81%
Mar 31, 2022 47.19%
Dec 31, 2021 46.65%
Sep 30, 2021 47.13%
Jun 30, 2021 47.82%