Equinix (EQIX) Net Margin (2009 - 2026)
Equinix's (EQIX) quarterly Net Margin came in at 16.98% in Q1 2026, up 156.0% year-on-year from 6.63% in Q1 2025, and up 55.65% quarter-over-quarter from 10.91% in Q4 2025.
Equinix (EQIX) Net Margin (2009 - 2026) Analysis & Trends
Equinix's Net Margin history runs 16 years deep, the most recent figure standing at 16.98% for Q1 2026.
- On a quarterly basis, Net Margin rose 156.0% year-over-year to 16.98% in Q1 2026; TTM through Mar 2026 was 15.05%, a 458.0% increase from a year earlier, with the FY2025 full-year figure at 14.63%, up 532.0% from the prior year.
- Net Margin grew to 16.98% in Q1 2026 per EQIX's latest filing, from 10.91% in the prior quarter.
- Across five years, Net Margin topped out at 16.98% in Q1 2026 and bottomed at 0.62% in Q4 2024.
- The 5-year median for Net Margin is 11.9% (2022), against an average of 11.87%.
- Across the five-year window, Net Margin plunged 1138 bps in 2024 and surged 1153 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 6.91% in 2022, then surged by 56 bps to 10.76% in 2023, then tumbled by 106 bps to 0.62% in 2024, then soared by 1862 bps to 10.91% in 2025, then soared by 56 bps to 16.98% in 2026.
- Per Business Quant, the three latest EQIX Net Margin figures stand at 16.98% (Q1 2026), 10.91% (Q4 2025), and 16.15% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.00 Bn | 98.94 Bn | 1.26 Bn | 16.98% |
| 2 | American Tower | 76.76 Bn | 83.27 Bn | 2.70 Bn | 31.40% |
| 3 | Digital Realty Trust | 61.91 Bn | 61.08 Bn | - | 5.80% |
| 4 | Iron Mountain | 37.06 Bn | 37.09 Bn | 1.05 Bn | 7.42% |
| 5 | Crown Castle | 32.50 Bn | 32.44 Bn | 23.00 Mn | 563.27% |
| 6 | Sba Communications | 18.50 Bn | 18.59 Bn | 532.10 Mn | 26.29% |
| 7 | Weyerhaeuser | 17.05 Bn | 16.75 Bn | 318.00 Mn | 9.03% |
| 8 | Lamar Advertising | 15.99 Bn | 15.96 Bn | 344.69 Mn | 19.17% |
| 9 | Gaming & Leisure Properties | 12.58 Bn | 12.98 Bn | - | 57.00% |
| 10 | Rayonier | 6.43 Bn | 5.79 Bn | 46.45 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.98% |
| Dec 31, 2025 | 10.91% |
| Sep 30, 2025 | 16.15% |
| Jun 30, 2025 | 16.27% |
| Mar 31, 2025 | 15.42% |
| Dec 31, 2024 | -0.62% |
| Sep 30, 2024 | 13.45% |
| Jun 30, 2024 | 13.94% |
| Mar 31, 2024 | 10.86% |
| Dec 31, 2023 | 10.76% |
| Sep 30, 2023 | 13.39% |
| Jun 30, 2023 | 10.25% |
| Mar 31, 2023 | 15.15% |
| Dec 31, 2022 | 6.91% |
| Sep 30, 2022 | 11.50% |
| Jun 30, 2022 | 11.90% |
| Mar 31, 2022 | 8.52% |
| Dec 31, 2021 | 7.22% |
| Sep 30, 2021 | 9.08% |
| Jun 30, 2021 | 4.13% |