Symbols

GDS

GDS Holdings·NASDAQ

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GDS fundamentals

GDS Q4 2025 Earnings

GDS Holdings (GDS) released its earnings on Mar 17, 2026: revenue was 421.40M (YoY +14.35%), missed estimates; EPS was -0.0143 (YoY -103.72%), beat estimates.

Revenue / YoY

421.40M

+14.35%

EPS / YoY

-0.0143

-103.72%

Report date

Mar 17, 2026

GDS Earnings Call Summary for Q4,2025

Revenue Growth: 11% YoY in 2025, with 2026 targeting 8.5-12.8% growth.
AI-Driven Expansion: 500+ MW 2026 bookings (60-70% AI), 200 MW already secured.
Financial Strength: $2.8B cash, net debt/EBITDA 5.8x (down from 6.8x).
New Market Leadership: 3-gigawatt pipeline in Inner Mongolia, Ningxia, Guangdong.
MSR Outlook: 3-4% YoY decline until 2028, offset by volume growth.
Long-Term Potential: China AI adoption could follow U.S. trajectory, with 3x price growth possible.

Earnings

EPS

Revenue

Revenue & Expenses

GDS has released its 2025 Q4 earnings report, with revenue of 417.80M, reflecting a YoY change of 13.34%, and net profit of -66.17M, showing a YoY change of -111.75%. The Sankey diagram below clearly presents GDS's revenue sources and cost distribution.

Key Indicators

GDS Holdings (GDS) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

GDS Holdings (GDS)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Balance Sheet

GDS Holdings (GDS)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Breakdown

Cash Flow

GDS Holdings (GDS)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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