GDS Holdings (GDHLF) Operating Leases (2018 - 2025)

GDS Holdings (GDHLF) recorded quarterly Operating Leases of $169.7 million in Q4 2025, up 1410.08% quarter-over-quarter from $11.2 million in Q1 2025, and down 4.76% on a YoY basis from $178.2 million in Q4 2024.

GDS Holdings (GDHLF) Operating Leases (2018 - 2025) Analysis & Trends

GDS Holdings' Operating Leases history runs 8 years deep, the most recent figure standing at $169.7 million for Q4 2025.

  • In Q4 2025, Operating Leases fell 4.76% year-over-year to $169.7 million; the TTM figure through Dec 2025 stood at $169.7 million (down 4.76% YoY), while the FY2025 annual figure was $167.5 million, down 99.9% from the prior year.
  • Operating Leases was $169.7 million for Q4 2025 at GDS Holdings, up from $11.2 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $310.3 million in Q1 2022 to a low of $11.2 million in Q1 2025.
  • Historically, Operating Leases has averaged $215.1 million across 5 years, with a median of $227.5 million in 2022.
  • The sharpest annual moves came in 2021 and 2025: Operating Leases surged 138.39% in 2021, then slumped 94.09% in 2025.
  • A 5-year view of Operating Leases shows it stood at $294.6 million in 2021, then dropped by 22.78% to $227.5 million in 2022, then decreased by 17.93% to $186.7 million in 2023, then retreated by 4.58% to $178.2 million in 2024, then fell by 4.76% to $169.7 million in 2025.
  • The last three Operating Leases figures came in at $169.7 million (Q4 2025), $11.2 million (Q1 2025), and $178.2 million (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn
10 GDS Holdings - - 164.04 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 169.68 Mn
Mar 31, 2025 11.24 Mn
Dec 31, 2024 178.16 Mn
Mar 31, 2024 190.08 Mn
Dec 31, 2023 186.70 Mn
Dec 31, 2022 227.50 Mn
Mar 31, 2022 310.28 Mn
Dec 31, 2021 294.61 Mn
Sep 30, 2021 270.46 Mn
Jun 30, 2021 275.43 Mn
Mar 31, 2021 251.86 Mn
Dec 31, 2020 232.81 Mn
Sep 30, 2020 187.47 Mn
Jun 30, 2020 161.62 Mn
Mar 31, 2020 105.65 Mn
Dec 31, 2019 100.74 Mn
Sep 30, 2019 53.13 Mn
Jun 30, 2019 57.15 Mn
Mar 31, 2019 59.96 Mn
Dec 31, 2018 60.25 Mn