GDS Holdings (GDHLF) Goodwill (2014 - 2025)

GDS Holdings' Goodwill history runs 12 years deep, the most recent figure standing at $731.4 million for Q4 2025.

• In Q4 2025, Goodwill fell 10.74% year-over-year to $731.4 million; the TTM figure through Dec 2025 stood at $731.4 million (down 10.74% YoY), while the FY2025 annual figure was $721.9 million, down 11.91% from the prior year.
• Goodwill was $731.4 million for Q4 2025 at GDS Holdings, down from $778.9 million in the prior quarter.
• In the past five years, Goodwill ranged from a high of $1.1 billion in Q4 2021 to a low of $731.4 million in Q4 2025.
• Historically, Goodwill has averaged $874.9 million across 5 years, with a median of $818.5 million in 2023.
• The sharpest annual moves came in 2021 and 2023: Goodwill jumped 182.52% in 2021, then fell 17.83% in 2023.
• A 5-year view of Goodwill shows it stood at $1.1 billion in 2021, then decreased by 10.11% to $995.0 million in 2022, then retreated by 17.83% to $817.5 million in 2023, then increased by 0.24% to $819.5 million in 2024, then retreated by 10.74% to $731.4 million in 2025.
• The last three Goodwill figures came in at $731.4 million (Q4 2025), $778.9 million (Q1 2025), and $819.5 million (Q4 2024), per Business Quant data.