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
DateValue
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