KPIs & Operating Metrics(New)
Growth Metrics

Equinix (EQIX) Gross Margin (2009 - 2026)

Equinix's quarterly Gross Margin came in at 90.14% in Q1 2026, up 43.0% year-on-year from 63.03% in Q1 2025, and up 253.73% quarter-over-quarter from 58.64% in Q4 2025.

Equinix has reported Gross Margin for 18 years, with the latest figure at 90.14% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 43.0% year-over-year to 90.14%; the trailing twelve-month figure through Mar 2026 stood at 42.95% (down 6645.0% YoY), and the FY2025 full-year result was 51.09%, down 3872.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 90.14%, up from 58.64% in the prior quarter.
  • The five-year high for Gross Margin was 205.26% in Q4 2024, with the low at 69.54% in Q4 2022.
  • Average Gross Margin over 5 years is 59.59%, with a median of 51.95% recorded in 2025.
  • Year-over-year, Gross Margin surged 15702 bps in 2024 and slumped 26390 bps in 2025.
  • Tracing EQIX's Gross Margin over 5 years: stood at 69.54% in 2022, then jumped by 169 bps to 48.25% in 2023, then soared by 325 bps to 205.26% in 2024, then slumped by 129 bps to 58.64% in 2025, then jumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Equinix 106.10 Bn 103.07 Bn 2.20 Bn 90.14%
2 American Tower 85.70 Bn 92.20 Bn 2.70 Bn 98.59%
3 Digital Realty Trust 67.00 Bn 66.16 Bn - -
4 Crown Castle 40.17 Bn 40.12 Bn 984.00 Mn 97.43%
5 Iron Mountain 37.80 Bn 37.83 Bn 1.05 Bn 54.04%
6 Sba Communications 21.99 Bn 22.08 Bn 532.10 Mn 75.64%
7 Weyerhaeuser 16.98 Bn 16.68 Bn 318.00 Mn 18.41%
8 Lamar Advertising 15.51 Bn 15.46 Bn 403.56 Mn 67.72%
9 Gaming & Leisure Properties 13.46 Bn 13.86 Bn - -
10 OUTFRONT Media 5.85 Bn 5.81 Bn 202.10 Mn 47.04%

Historic Data

Download Data 🔒
DateValue
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%
Mar 31, 2021 88.55%
Dec 31, 2020 46.89%
Sep 30, 2020 49.47%
Jun 30, 2020 49.71%
Mar 31, 2020 87.51%
Dec 31, 2019 201.15%
Sep 30, 2019 88.43%
Jun 30, 2019 49.59%
Mar 31, 2019 49.97%
Dec 31, 2018 48.79%
Sep 30, 2018 48.56%
Jun 30, 2018 87.78%
Mar 31, 2018 48.81%
Dec 31, 2017 -47.06%
Sep 30, 2017 49.46%
Jun 30, 2017 51.03%
Mar 31, 2017 50.61%
Dec 31, 2016 -36,375.90%
Sep 30, 2016 88.00%
Jun 30, 2016 49.25%
Mar 31, 2016 -406.73%
Dec 31, 2015 -1,530.39%
Sep 30, 2015 87.81%
Jun 30, 2015 87.79%
Mar 31, 2015 53.62%
Dec 31, 2014 192.20%
Sep 30, 2014 88.37%
Jun 30, 2014 51.61%
Mar 31, 2014 88.38%
Dec 31, 2013 52.23%
Sep 30, 2013 50.48%
Jun 30, 2013 88.75%
Mar 31, 2013 88.71%
Dec 31, 2012 197.30%
Sep 30, 2012 48.24%
Jun 30, 2012 -2,975.13%
Mar 31, 2012 -2,898.06%
Dec 31, 2011 208.68%
Sep 30, 2011 89.49%
Jun 30, 2011 90.61%
Mar 31, 2011 90.73%
Dec 31, 2010 90.89%
Sep 30, 2010 90.55%
Jun 30, 2010 90.24%
Mar 31, 2010 46.49%
Dec 31, 2009 -80.21%
Sep 30, 2009 44.63%
Jun 30, 2009 44.39%