EQIX Equinix margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 72

Gross margin

51.6%

Operating margin

22.5%

EBITDA margin

46.2%

Net margin

16.4%

At present, Equinix reports a gross margin of 51.6%, an operating margin of 22.5%, an EBITDA margin of 46.2%, and a net margin of 16.4%. The company's available margins all increased, with operating margin recording the strongest expansion of 5.6 percentage points.

EQIX margin history

Gross, operating, EBITDA and net margin trends

Equinix's margins averaged 49.89% gross, 18.4% operating, 42.43% EBITDA, and 12.67% net over the last 3 years. Compared with their three-year averages, all four current margins are higher.

EQIX margin expansion

Year-over-year margin changes in percentage points

All available margins expanded year over year, led by operating margin with an increase of 5.6 percentage points.

Gross margin expansion

1.3pp

Operating margin expansion

5.6pp

EBITDA margin expansion

5.1pp

Net margin expansion

4.6pp

EQIX Gross margin

Across the last 3 years, Equinix had an average gross margin of 49.89%. The latest gross margin for Equinix is 51.6%, 1.7 percentage points above its three-year average. Looking back over the last 3 years, Equinix's gross margin reached 51.6% at its highest point in Sep 2026 and 48.1% at its lowest in Mar 2024.

EQIX Operating margin

Equinix recorded an average operating margin of 18.4% across the last 3 years. Equinix currently reports an operating margin of 22.5%, 4.1 percentage points above its three-year average. Over the last 3 years, Equinix's operating margin peaked at 22.5% in Sep 2026 and reached a low of 15.2% in Dec 2024.

EQIX EBITDA margin

Across the last 3 years, Equinix's EBITDA margin averaged 42.43%. The current EBITDA margin stands at 46.2%, 3.8 percentage points above its three-year average. EBITDA margin was highest at 46.2% in Sep 2026 and lowest at 39.4% in Dec 2024.

EQIX Net margin

Across the last 3 years, Equinix's net margin averaged 12.67%. Against its three-year average, Equinix's net margin is currently 16.4%, 3.7 percentage points above its three-year average. Net margin was highest at 16.4% in Sep 2026 and lowest at 9.3% in Dec 2024.

EQIX margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 51.6%, EQIX stands lower than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 61.2%, Equinix's gross margin is 16% lower.

EQIX margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Equinix's gross margin?

The current gross margin for EQIX is 51.6% as of Sep 30, 2026.

What is Equinix's operating margin?

As of Sep 30, 2026, EQIX has an operating margin of 22.5%.

What is Equinix's EBITDA margin?

As of Sep 30, 2026, EQIX has an EBITDA margin of 46.2%.

What is Equinix's net margin?

The current net margin for EQIX is 16.4% as of Sep 30, 2026.

What are the average margins of EQIX?

Over the last 3 years, Equinix's margins averaged 49.9% gross, 18.4% operating, 42.4% EBITDA, and 12.7% net.

What are the highest historical margins of EQIX?

In the last 5 years, the highest margins reported by EQIX were 51.6% gross in Sep 2026, 22.5% operating in Sep 2026, 46.2% EBITDA in Sep 2026, and 16.4% net in Sep 2026.

What are the lowest historical margins of EQIX?

Within the 5-year period, EQIX recorded its lowest margins at 47.2% gross in Mar 2022, 14.6% operating in Mar 2022, 38.7% EBITDA in Mar 2022, and 7.3% net in Mar 2022.