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GDS Holdings Limited (GDS)
NASDAQ: GDS · Real-Time Price · USD
31.41
-0.57 (-1.78%)
At close: Aug 10, 2026, 4:00 PM EDT
31.50
+0.09 (0.29%)
After-hours: Aug 10, 2026, 7:42 PM EDT

GDS Holdings Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
12,07611,43210,3229,7829,2687,819
Revenue Growth
13.79%10.76%5.52%5.55%18.54%36.24%
Gross Profit
3,0722,5852,2231,9511,9511,779
Operating Income
-290.01-55.751,152-2,207713.23569.52
Net Income
2,770895.343,371-4,344-1,510-1,314
Earnings Per Share
10.804.4018.16-23.68-8.24-7.20
EPS Growth
-54.08%-75.77%----

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
14,82214,9747,8687,3558,6089,968
Total Debt
47,18647,52444,46044,02444,68537,790
Net Cash (Debt)
-32,364-32,550-36,592-36,669-36,077-27,822
Net Cash Growth
------
Net Cash Per Share
-146.46-158.34-198.45-199.81-197.08-153.19

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
3,0333,3651,9382,0652,8101,201
Capital Expenditures
-4,371-4,691-3,169-3,194-5,866-9,701
Free Cash Flow
-1,338-1,326-1,231-1,129-3,057-8,499
Free Cash Flow Growth
------

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
25.44%22.62%21.53%19.95%21.06%22.76%
Operating Margin
-2.40%-0.49%11.16%-22.56%7.70%7.28%
Pretax Margin
2.86%6.24%-5.96%-40.29%-8.94%-12.13%
Profit Margin
-0.27%2.13%-7.47%-40.13%-11.92%-15.24%
FCF Margin
-11.08%-11.60%-11.93%-11.54%-32.98%-108.70%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
16.3955.499.55---
Forward PE
78.02124.87----
PS Ratio
3.594.2826.1310.062.9257.32