Income Statement - GDS Holdings Ltd (GDS)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 11.43 | 10.32 | 9.96 | 9.33 | 7.82 | 5.74 | 4.12 | 2.79 | 1.62 | 1.06 | 0.70 | 0.47 |
| Cost of revenue | 8.85 | 8.10 | 8.03 | 7.39 | 6.04 | 4.19 | 3.08 | 2.17 | 1.21 | 0.79 | 0.51 | 0.39 |
| Gross profit | 2.59 | 2.22 | 1.92 | 1.94 | 1.78 | 1.55 | 1.04 | 0.62 | 0.41 | 0.27 | 0.19 | 0.08 |
| Total operating expenses | 1.05 | 1.07 | 4.38 | 1.37 | 1.21 | 0.88 | 0.56 | 0.45 | 0.33 | 0.31 | 0.19 | 0.15 |
| Operating income | 1.54 | 1.15 | -2.46 | 0.55 | 0.57 | 0.67 | 0.48 | 0.17 | 0.08 | -0.04 | 0.00 | -0.08 |
| Non-operating income (net) | -0.11 | -1.77 | -1.84 | -1.54 | -1.52 | -1.22 | -0.91 | -0.61 | -0.42 | -0.24 | -0.11 | -0.06 |
| Income before tax | 1.43 | -0.61 | -4.30 | -0.99 | -0.95 | -0.55 | -0.43 | -0.44 | -0.33 | -0.28 | -0.11 | -0.13 |
| Income tax expense | 0.47 | 0.16 | -0.01 | 0.28 | 0.24 | 0.12 | 0.02 | -0.01 | -0.01 | -0.01 | -0.01 | 0.00 |
| Net income | 0.95 | 3.43 | -4.29 | -1.27 | -1.19 | -0.67 | -0.44 | -0.43 | -0.33 | -0.28 | -0.10 | -0.13 |
Show Quarterly Income Statement
Income Statement - GDS Holdings Ltd (GDS)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3.37 | 2.88 | 2.89 | 2.90 | 2.72 | 2.69 | 2.97 | 2.83 | 2.63 | 2.56 | 2.52 | 2.47 | 2.41 | 2.40 | 2.37 | 2.31 | 2.24 | 2.19 | 2.06 | 1.86 | 1.71 | 1.63 | 1.52 | 1.34 | 1.24 | 1.18 | 1.07 | 0.99 | 0.89 | 0.83 | 0.76 | 0.64 | 0.56 | 0.51 | 0.42 | 0.34 | 0.35 | 0.31 | 0.30 | 0.24 | 0.21 | 0.21 | 0.19 | 0.16 | 0.15 | 0.08 |
| Cost of revenue | 2.24 | 2.33 | 2.25 | 2.21 | 2.08 | 2.11 | 2.31 | 2.19 | 2.05 | 2.12 | 2.07 | 1.92 | 1.92 | 1.92 | 1.87 | 1.84 | 1.76 | 1.70 | 1.61 | 1.42 | 1.31 | 1.20 | 1.12 | 0.98 | 0.89 | 0.88 | 0.79 | 0.72 | 0.68 | 0.64 | 0.59 | 0.50 | 0.44 | 0.39 | 0.32 | 0.25 | 0.24 | 0.24 | 0.22 | 0.18 | 0.16 | 0.15 | 0.14 | 0.11 | 0.11 | 0.05 |
| Gross profit | 1.13 | 0.55 | 0.64 | 0.69 | 0.64 | 0.58 | 0.66 | 0.64 | 0.57 | 0.43 | 0.45 | 0.55 | 0.49 | 0.49 | 0.49 | 0.47 | 0.49 | 0.49 | 0.46 | 0.44 | 0.40 | 0.43 | 0.41 | 0.36 | 0.35 | 0.29 | 0.27 | 0.26 | 0.21 | 0.19 | 0.17 | 0.14 | 0.12 | 0.12 | 0.10 | 0.08 | 0.11 | 0.08 | 0.07 | 0.06 | 0.05 | 0.05 | 0.05 | 0.04 | 0.04 | 0.03 |
| Total operating expenses | 0.22 | 0.19 | 0.28 | 0.27 | 0.28 | 0.30 | 0.34 | 0.32 | 0.35 | 0.27 | 0.37 | 0.31 | 0.34 | 0.34 | 0.35 | 0.34 | 0.35 | 0.34 | 0.31 | 0.29 | 0.28 | 0.28 | 0.25 | 0.18 | 0.16 | 0.17 | 0.14 | 0.13 | 0.12 | 0.13 | 0.12 | 0.11 | 0.09 | 0.09 | 0.09 | 0.07 | 0.07 | 0.07 | 0.06 | 0.13 | 0.04 | 0.05 | 0.05 | 0.04 | 0.04 | 0.54 |
| Operating income | 0.91 | 0.36 | 0.36 | 0.41 | 0.37 | 0.28 | 0.32 | 0.32 | 0.22 | -2.94 | 0.08 | 0.24 | 0.15 | 0.14 | 0.15 | 0.13 | 0.14 | 0.15 | 0.15 | 0.15 | 0.12 | 0.15 | 0.16 | 0.16 | 0.19 | 0.13 | 0.13 | 0.13 | 0.09 | 0.06 | 0.05 | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.03 | 0.00 | 0.01 | -0.07 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -0.08 |
| Non-operating income (net) | 1.85 | -0.79 | 0.55 | -0.42 | 0.60 | -0.42 | -0.56 | -0.49 | -0.50 | -0.45 | -0.48 | -0.44 | -0.47 | -0.24 | -0.42 | -0.45 | -0.44 | -0.40 | -0.38 | -0.39 | -0.34 | -0.38 | -0.33 | -0.24 | -0.27 | -0.23 | -0.24 | -0.23 | -0.21 | -0.20 | -0.17 | -0.13 | -0.12 | -0.14 | -0.11 | -0.09 | -0.08 | -0.07 | -0.07 | -0.05 | -0.05 | -0.03 | -0.02 | -0.03 | -0.03 | -0.06 |
| Income before tax | 2.76 | -0.43 | 0.91 | -0.01 | 0.96 | -0.14 | -0.24 | -0.17 | -0.28 | -3.39 | -0.40 | -0.20 | -0.31 | -0.10 | -0.27 | -0.32 | -0.30 | -0.25 | -0.23 | -0.25 | -0.22 | -0.23 | -0.17 | -0.07 | -0.08 | -0.10 | -0.11 | -0.09 | -0.12 | -0.14 | -0.12 | -0.10 | -0.09 | -0.12 | -0.09 | -0.08 | -0.05 | -0.07 | -0.05 | -0.12 | -0.04 | -0.03 | -0.03 | -0.03 | -0.03 | -0.13 |
| Income tax expense | 0.11 | 0.02 | 0.18 | 0.06 | 0.20 | 0.03 | -0.01 | 0.06 | 0.06 | -0.22 | 0.02 | 0.03 | 0.16 | 0.08 | 0.07 | 0.06 | 0.07 | 0.06 | 0.07 | 0.05 | 0.06 | 0.04 | 0.04 | 0.03 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 | -0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net income | 2.65 | -0.46 | 0.73 | -0.07 | 0.76 | 4.19 | -0.19 | -0.23 | -0.35 | -3.17 | -0.42 | -0.23 | -0.47 | -0.18 | -0.34 | -0.38 | -0.37 | -0.32 | -0.33 | -0.30 | -0.28 | -0.27 | -0.20 | -0.10 | -0.09 | -0.10 | -0.11 | -0.09 | -0.14 | -0.12 | -0.12 | -0.10 | -0.09 | -0.12 | -0.09 | -0.08 | -0.04 | -0.07 | -0.05 | -0.12 | -0.04 | -0.03 | -0.02 | -0.03 | -0.05 | -0.13 |