Equinix (EQIX) Tax Rate (2009 - 2026)
Equinix (EQIX) posted Tax Rate of 8.8% for Q2 2026, down 26.02% on a QoQ basis from 11.89% in Q1 2026, and down 59.0% year-over-year from 21.45% in Q2 2025.
Analysis
Equinix (EQIX) Tax Rate (2009 - 2026) Analysis & Trends
Equinix has reported Tax Rate for 18 years, with the latest figure at 8.8% in Q2 2026.
- On a quarterly basis, Tax Rate fell 59.0% year-over-year to 8.8% in Q2 2026; TTM through Jun 2026 was 10.26%, a 325.0% decrease from a year earlier, with the FY2025 full-year figure at 10.61%, down 590.0% from the prior year.
- Tax Rate was 8.8% for Q2 2026 at Equinix, down from 11.89% in the prior quarter.
- The five-year high for Tax Rate was 27.07% in Q4 2022, with the low at 3.84% in Q2 2022.
- Average Tax Rate over 5 years is 13.22%, with a median of 14.03% recorded in 2023.
- The largest YoY upside for Tax Rate was 4092 bps in 2022 against a maximum downside of 1188 bps in 2022.
- Over 5 years, Tax Rate stood at 27.07% in 2022, then sank by 41 bps to 15.93% in 2023, then fell by 3 bps to 15.43% in 2024, then retreated by 0 bps to 15.38% in 2025, then plunged by 43 bps to 8.8% in 2026.
- The last three Tax Rate figures came in at 8.8% (Q2 2026), 11.89% (Q1 2026), and 15.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 8.80% |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 0.00% |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -0.14% |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -2.22% |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | -26.59% |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -0.17% |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | -155.11% |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | -8.35% |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 4.76% |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 0.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.80% |
| Mar 31, 2026 | 11.89% |
| Dec 31, 2025 | 15.38% |
| Sep 30, 2025 | 6.27% |
| Jun 30, 2025 | 9.38% |
| Mar 31, 2025 | 12.50% |
| Sep 30, 2024 | 15.43% |
| Jun 30, 2024 | 13.51% |
| Mar 31, 2024 | 16.61% |
| Dec 31, 2023 | 15.93% |
| Sep 30, 2023 | 6.76% |
| Jun 30, 2023 | 15.16% |
| Mar 31, 2023 | 14.03% |
| Dec 31, 2022 | 27.07% |
| Sep 30, 2022 | 14.05% |
| Jun 30, 2022 | 3.84% |
| Mar 31, 2022 | 18.15% |
| Dec 31, 2021 | 25.39% |
| Sep 30, 2021 | 25.93% |
| Jun 30, 2021 | -37.08% |