Equinix (EQIX) Net Margin (2009 - 2026)
Equinix (EQIX) posted Net Margin of 18.17% for Q2 2026, up 7.01% on a QoQ basis from 16.98% in Q1 2026, and up 190.0% year-over-year from 6.27% in Q2 2025.
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Analysis
Equinix (EQIX) Net Margin (2009 - 2026) Analysis & Trends
Equinix has reported Net Margin for 18 years, with the latest figure at 18.17% in Q2 2026.
- On a quarterly basis, Net Margin rose 190.0% year-over-year to 18.17% in Q2 2026; TTM through Jun 2026 was 15.6%, a 451.0% increase from a year earlier, with the FY2025 full-year figure at 14.63%, up 532.0% from the prior year.
- Net Margin was 18.17% for Q2 2026 at Equinix, up from 16.98% in the prior quarter.
- The five-year high for Net Margin was 18.17% in Q2 2026, with the low at 0.62% in Q4 2024.
- Average Net Margin over 5 years is 12.22%, with a median of 12.65% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Net Margin tumbled 1138 bps in 2024, then jumped 1153 bps in 2025.
- Over 5 years, Net Margin stood at 6.91% in 2022, then soared by 56 bps to 10.76% in 2023, then plunged by 106 bps to 0.62% in 2024, then jumped by 1862 bps to 10.91% in 2025, then soared by 67 bps to 18.17% in 2026.
- The last three Net Margin figures came in at 18.17% (Q2 2026), 16.98% (Q1 2026), and 10.91% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 18.17% |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -2,076.90% |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -1,077.14% |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -43.18% |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 27.05% |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -703.59% |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | -5.21% |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 10.40% |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -51.93% |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -292.38% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.17% |
| 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% |