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. In the quarter to June 2026, revenue grew 16.4%, EPS grew 29.3%, free cash flow fell 311.0% and total debt rose 13.4%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years, revenue growth for ten, operating cash flow growth for ten.
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Equinix, Inc. (EQIX) Gross margin
Equinix, Inc.'s gross margin over the twelve months to 30 June 2026 was 51.5%, up 0.4 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 67.4% and below the Real Estate sector median of 66.1%.
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) |
|---|---|---|
| Jun 2026 | 53.1% | 1.67 |
| Mar 2026 | 51.5% | 0.97 |
| Dec 2025 | 50.5% | (0.19) |
| Sep 2025 | 50.7% | (1.26) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| GLPI Gaming and Leisure Properties, Inc. compare | 100.0% |
| SBAC SBA Communications Corporation compare | 75.2% |
| AMT American Tower Corporation compare | 73.8% |
| CCI Crown Castle Inc. compare | 73.7% |
| LAMR Lamar Advertising Company compare | 67.4% |
| DLR Digital Realty Trust, Inc. compare | 57.1% |
| IRM Iron Mountain Incorporated compare | 54.2% |
| EQIX Equinix, Inc. | 51.5% |
| WY Weyerhaeuser Company compare | 14.5% |
| Reit Specialty industry median | 67.4% |
| Real Estate sector median | 66.1% |
| Market median | 46.2% |
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
More on EQIX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- The full statement