EQIX Equinix margins

Relative Growth: Rel. Growth: 94

Relative Strength: Rel. Strength: 68

Relative Valuation: Rel. Valuation: 22

Relative Profitability: Rel. Profitability: 72

Gross margin

51.5%

Operating margin

21.8%

EBITDA margin

45.5%

Net margin

15.6%

At present, Equinix reports a gross margin of 51.5%, an operating margin of 21.8%, an EBITDA margin of 45.5%, and a net margin of 15.6%. The company's available margins all increased, with operating margin recording the strongest expansion of 5.3 percentage points.

EQIX margin history

Gross, operating, EBITDA and net margin trends

Equinix's margins averaged 49.62% gross, 17.93% operating, 41.99% EBITDA, and 12.22% 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 5.3 percentage points.

Gross margin expansion

1.4pp

Operating margin expansion

5.3pp

EBITDA margin expansion

4.9pp

Net margin expansion

4.5pp

EQIX Gross margin

Across the last 3 years, Equinix had an average gross margin of 49.62%. The latest gross margin for Equinix is 51.5%, 1.9 percentage points above its three-year average. Looking back over the last 3 years, Equinix's gross margin reached 51.5% at its highest point in Jun 2026 and 48.1% at its lowest in Mar 2024.

EQIX Operating margin

Equinix recorded an average operating margin of 17.93% across the last 3 years. Equinix currently reports an operating margin of 21.8%, 3.9 percentage points above its three-year average. Over the last 3 years, Equinix's operating margin peaked at 21.8% in Jun 2026 and reached a low of 15.2% in Dec 2024.

EQIX EBITDA margin

Across the last 3 years, Equinix's EBITDA margin averaged 41.99%. The current EBITDA margin stands at 45.5%, 3.5 percentage points above its three-year average. EBITDA margin was highest at 45.5% in Jun 2026 and lowest at 39.4% in Dec 2024.

EQIX Net margin

Across the last 3 years, Equinix's net margin averaged 12.22%. Against its three-year average, Equinix's net margin is currently 15.6%, 3.4 percentage points above its three-year average. Net margin was highest at 15.6% in Jun 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 51.5%, EQIX stands lower than the Real Estate sector and the industry average. Looking at the Real Estate sector average of 62.8%, Equinix's gross margin is 18% 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 51.5% as of Jun 30, 2026.

What is Equinix's operating margin?

As of Jun 30, 2026, EQIX has an operating margin of 21.8%.

What is Equinix's EBITDA margin?

As of Jun 30, 2026, EQIX has an EBITDA margin of 45.5%.

What is Equinix's net margin?

The current net margin for EQIX is 15.6% as of Jun 30, 2026.

What are the average margins of EQIX?

Over the last 3 years, Equinix's margins averaged 49.6% gross, 17.9% operating, 42.0% EBITDA, and 12.2% net.

What are the highest historical margins of EQIX?

In the last 5 years, the highest margins reported by EQIX were 51.5% gross in Jun 2026, 21.8% operating in Jun 2026, 45.5% EBITDA in Jun 2026, and 15.6% net in Jun 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, 38.4% EBITDA in Sep 2021, and 6.6% net in Sep 2021.