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Equinix, Inc. EQIX EBITDA margin

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Other financials

Income statement

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Revenue$2.4B+9.8%
Gross profit$1.3B+10.3%
Operating income$577.0M+26.0%
Net income$415.0M+21.0%
EPS (diluted)$4.20+20.0%

Balance sheet

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Cash & equivalents$1.4B-51.9%
Total debt$23.5B+17.7%
Total equity$14.3B+2.9%
Total assets$40.9B+13.4%

Cash flow

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Operating cash flow$717.0M-11.4%
CapEx$1.3B+67.5%
Free cash flow-$539.0M-1,014%

Valuation

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Market cap$107.72B+21.4%
Enterprise value$129.79B+22.8%
P/E75.8×-18.6×
P/S11.4×+1.4×

Profitability

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Gross margin51.1%+1.6pp
Operating margin20.8%+4.8pp
Net margin15.1%+4.4pp

Returns & leverage

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Return on equity10.1%+2.9pp
Debt / equity1.6×+0.2×
Current ratio1.2×-0.5×

Where this comes from

Calculated from Equinix, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Equinix, Inc.’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Equinix, Inc.'s EBITDA margin?
Equinix, Inc. (EQIX) reported EBITDA margin of 43.4% in Q1 2026.
How has Equinix, Inc.'s EBITDA margin changed year-over-year?
Equinix, Inc.'s EBITDA margin increased by 13.4% year-over-year, from 38.3% to 43.4%.
What is the long-term trend for Equinix, Inc.'s EBITDA margin?
Over 4 years (2021 to 2025), Equinix, Inc.'s EBITDA margin has grown at a -1.3% compound annual growth rate (CAGR), from 166.8% to 158.6%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.