Equinix, Inc.

EQIX Real Estate Reit Specialty

Equinix, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $9.2 billion, up 5.36% from fiscal 2024.

Revenue
+11.0%
EPS
+29.6%
Free cash flow
+37.7%
Total debt
+24.4%

Quarter to September 2026, against a year earlier

1,001.43 52.66 −5.00%
Market cap
$98.7B
P/E
59.9×
Fwd P/E
56.0×
Dividend yield
2.01%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Equinix, Inc. (EQIX) Gross margin

Alert me on Gross margin

Equinix, Inc.'s gross margin over the twelve months to 30 September 2026 was 51.6%, up 0.5 percentage points from fiscal 2025 (51.1%). Over the past ten years it has ranged from 47.7% (fiscal 2021) to 52.6% (fiscal 2015); the current reading is higher than 91% of that period. That is below the Reit Specialty industry median of 67.6% and below the Real Estate sector median of 62.8%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 51.1% 2.15
FY2024 48.9% 0.58
FY2023 48.4% 0.01
FY2022 48.4% 0.68
FY2021 47.7% (1.08)
FY2020 48.8% (0.73)
FY2019 49.5% 0.85
FY2018 48.6% (1.17)
FY2017 49.8% 0.21
FY2016 49.6% (3.03)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 51.1% (2.03)
Jun 2026 53.1% 1.67
Mar 2026 51.5% 0.97
Dec 2025 50.5% (0.19)
43 more quarters

Against its own ten years

Low 47.7% High 52.6%
Ten-year median 48.9%
Current reading's percentile 100

Gross margin against peers

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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