GDS Holdings (GDHLF) Research & Development (2015 - 2026)
GDS Holdings (GDHLF) recorded quarterly Research & Development of -$1.4 million in Q1 2026, down 25.32% quarter-over-quarter from -$1.1 million in Q4 2025, and down 27.51% on a YoY basis from -$1.9 million in Q1 2025.
GDS Holdings (GDHLF) Research & Development (2015 - 2026) Analysis & Trends
GDS Holdings' Research & Development history runs 12 years deep, the most recent figure standing at -$1.4 million for Q1 2026.
- In Q1 2026, Research & Development fell 27.51% year-over-year to -$1.4 million; the TTM figure through Mar 2026 stood at -$4.9 million (down 2.71% YoY), while the FY2025 annual figure was -$4.7 million, up 6.57% from the prior year.
- Research & Development was -$1.4 million for Q1 2026 at GDS Holdings, down from -$1.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of -$696000.0 in Q2 2023 to a low of -$1.8 million in Q4 2023.
- Historically, Research & Development has averaged -$1.3 million across 5 years, with a median of -$1.4 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Research & Development surged 50.25% in 2023, then plunged 115.23% in 2024.
- A 5-year view of Research & Development shows it stood at -$1.4 million in 2022, then dropped by 24.52% to -$1.8 million in 2023, then surged by 47.86% to -$940000.0 in 2024, then fell by 17.66% to -$1.1 million in 2025, then retreated by 25.32% to -$1.4 million in 2026.
- The last three Research & Development figures came in at -$1.4 million (Q1 2026), -$1.1 million (Q4 2025), and -$1.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 5.32 Bn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 2.17 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 | -1.39 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.39 Mn |
| Dec 31, 2025 | -1.11 Mn |
| Sep 30, 2025 | -1.16 Mn |
| Jun 30, 2025 | -1.23 Mn |
| Mar 31, 2025 | -1.09 Mn |
| Dec 31, 2024 | -940,000.00 |
| Sep 30, 2024 | -1.23 Mn |
| Jun 30, 2024 | -1.50 Mn |
| Mar 31, 2024 | -1.38 Mn |
| Dec 31, 2023 | -1.80 Mn |
| Sep 30, 2023 | -1.44 Mn |
| Jun 30, 2023 | -696,000.00 |
| Mar 31, 2023 | -1.43 Mn |
| Dec 31, 2022 | -1.45 Mn |
| Sep 30, 2022 | -939,000.00 |
| Jun 30, 2022 | -1.40 Mn |
| Mar 31, 2022 | -1.54 Mn |
| Dec 31, 2021 | -1.95 Mn |
| Sep 30, 2021 | -1.40 Mn |
| Jun 30, 2021 | -1.33 Mn |