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GDS Holdings Ltd (GDS)

Also trades as GDHLF. Every security a company lists rests on one set of financial statements, so these figures cover the whole company.

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CIK 0001526125 · Nasdaq · Services-Computer Programming, Data Processing, Etc.

  • Sector Services

For the year ended 2025-12-31, GDS Holdings Ltd reported revenue of 11.43B CNY. Revenue grew 10.8% from the prior annual period.

Key ratios (year ended 2025-12-31)

22.6%
Gross margin
-0.5%
Operating margin
8.3%
Net margin
3.7%
Return on year-end equity
10.8%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-10-16

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue11.43B CNY10.32B CNY9.78B CNY9.27B CNY7.82B CNY5.74B CNY4.12B CNY2.79B CNY1.62B CNY1.06B CNY
Cost of Revenue8.85B CNY8.10B CNY7.83B CNY7.32B CNY6.04B CNY4.19B CNY3.08B CNY2.17B CNY1.21B CNY790.29M CNY
Gross Profit2.59B CNY2.22B CNY1.95B CNY1.95B CNY1.78B CNY1.55B CNY1.04B CNY622.44M CNY408.47M CNY265.67M CNY
R&D Expense32.70M CNY36.32M CNY38.16M CNY31.91M CNY39.34M CNY40.05M CNY21.63M CNY13.91M CNY7.26M CNY9.10M CNY
Operating Income-55.75M CNY1.15B CNY-2.21B CNY713.23M CNY569.52M CNY672.94M CNY479.78M CNY168.35M CNY82.23M CNY-42.37M CNY
Depreciation & Amortization3.46B CNY3.24B CNY3.37B CNY3.12B CNY2.62B CNY1.64B CNY1.14B CNY741.51M CNY378.13M CNY227.35M CNY
EBITDA3.40B CNY4.39B CNY1.16B CNY3.83B CNY3.19B CNY2.31B CNY1.62B CNY909.86M CNY460.36M CNY184.98M CNY
Net Income949.64M CNY3.43B CNY-4.29B CNY-1.27B CNY-1.19B CNY-666.41M CNY-442.08M CNY-430.27M CNY-326.90M CNY-276.41M CNY
EPS (Diluted)0.55 CNY2.27 CNY-2.96 CNY-1.03 CNY-0.90 CNY-0.59 CNY-0.45 CNYn/an/an/a
Total Assets80.00B CNY73.65B CNY74.45B CNY74.81B CNY71.63B CNY57.26B CNY31.49B CNY20.89B CNY13.14B CNY8.20B CNY
Total Liabilities52.26B CNY49.98B CNY54.32B CNY50.63B CNY45.74B CNY30.59B CNY20.14B CNY15.36B CNY8.67B CNY5.22B CNY
Long-Term Debt25.90B CNY24.45B CNY25.25B CNY25.49B CNY19.59B CNY11.49B CNY8.77B CNY5.80B CNY3.79B CNY1.90B CNY
Shareholders' Equity25.78B CNY22.46B CNY18.89B CNY23.02B CNY24.47B CNY25.57B CNY10.29B CNY5.52B CNY4.48B CNY2.99B CNY
Cash & Equivalents14.31B CNY7.87B CNYn/an/an/an/an/an/a1.87B CNY1.81B CNY
Operating Cash Flow3.37B CNY1.94B CNY2.07B CNY2.81B CNY1.20B CNY320.89M CNY293.44M CNY-12.91M CNY-167.82M CNY-128.98M CNY
Capital Expenditures4.69B CNY3.17B CNY3.19B CNY5.87B CNY9.70B CNY8.04B CNY4.56B CNY4.26B CNY1.72B CNY987.76M CNY
Free Cash Flow-1.33B CNY-1.23B CNY-1.13B CNY-3.06B CNY-8.50B CNY-7.72B CNY-4.26B CNY-4.27B CNY-1.89B CNY-1.12B CNY
Shares Outstandingn/an/an/an/an/an/an/an/a941.27M760.01M
Weighted Average Diluted Shares1.64B1.48B1.47B1.46B1.45B1.25B1.10Bn/an/an/a
EPS (Basic)0.59 CNY2.27 CNY-2.96 CNY-1.03 CNY-0.90 CNY-0.59 CNY-0.45 CNYn/an/an/a

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