GDS Holdings (GDS) Capital Expenditures (2015 - 2026)
GDS Holdings (GDS) posted quarterly Capital Expenditures of -$111.6 million for Q1 2026, up 19.74% year-over-year from -$93.2 million in Q1 2025, and up 14.65% quarter-over-quarter from -$130.8 million in Q4 2025.
GDS Holdings (GDS) Capital Expenditures (2015 - 2026) Analysis & Trends
GDS Holdings' Capital Expenditures history runs 12 years deep, the most recent figure standing at -$111.6 million for Q1 2026.
- In Q1 2026, Capital Expenditures rose 19.74% year-over-year to -$111.6 million; the TTM figure through Mar 2026 stood at -$618.7 million (up 29.23% YoY), while the FY2025 annual figure was -$659.3 million, down 62.29% from the prior year.
- Capital Expenditures for Q1 2026 stood at -$111.6 million, up from -$130.8 million in the prior quarter.
- The five-year high for Capital Expenditures was -$52.2 million in Q4 2024, with the low at -$413.1 million in Q3 2024.
- The 5-year median for Capital Expenditures is -$202.6 million (2023), against an average of -$218.7 million.
- The sharpest annual moves came in 2024 and 2025: Capital Expenditures soared 65.25% in 2024, then sank 150.32% in 2025.
- GDS Holdings' Capital Expenditures stood at -$309.6 million in 2022, then surged by 51.43% to -$150.4 million in 2023, then jumped by 65.25% to -$52.2 million in 2024, then tumbled by 150.32% to -$130.8 million in 2025, then grew by 14.65% to -$111.6 million in 2026.
- Business Quant data shows GDS's Capital Expenditures at -$111.6 million in Q1 2026, -$130.8 million in Q4 2025, and -$199.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.01 Bn | 210.65 Bn | 9.91 Bn | 229.00 Mn |
| 2 | Accenture | 112.33 Bn | 102.15 Bn | 6.13 Bn | 186.22 Mn |
| 3 | Infosys | 48.45 Bn | 48.45 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.89 Bn | 32.43 Bn | - | -20.01 Mn |
| 5 | Cognizant Technology Solutions | 28.73 Bn | 27.68 Bn | 1.83 Bn | 99.00 Mn |
| 6 | Fidelity National Information Services | 21.32 Bn | 20.57 Bn | 1.17 Bn | 230.00 Mn |
| 7 | Broadridge Financial Solutions | 21.08 Bn | 20.68 Bn | 853.00 Mn | 34.90 Mn |
| 8 | Wipro | 19.77 Bn | 18.70 Bn | 738.00 Mn | -35.69 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.06 Bn | 817.00 Mn | 32.00 Mn |
| 10 | GDS Holdings | 6.38 Bn | 4.18 Bn | 97.89 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -111.63 Mn |
| Mar 31, 2026 | -111.63 Mn |
| Dec 31, 2025 | -130.79 Mn |
| Dec 31, 2025 | -130.79 Mn |
| Sep 30, 2025 | -199.72 Mn |
| Sep 30, 2025 | -199.72 Mn |
| Jun 30, 2025 | -176.56 Mn |
| Jun 30, 2025 | -176.56 Mn |
| Mar 31, 2025 | -139.09 Mn |
| Mar 31, 2025 | -139.09 Mn |
| Dec 31, 2024 | -52.25 Mn |
| Dec 31, 2024 | -52.25 Mn |
| Sep 30, 2024 | -413.08 Mn |
| Sep 30, 2024 | -413.08 Mn |
| Jun 30, 2024 | -269.84 Mn |
| Jun 30, 2024 | -269.84 Mn |
| Mar 31, 2024 | -220.92 Mn |
| Mar 31, 2024 | -220.92 Mn |
| Dec 31, 2023 | -150.37 Mn |
| Dec 31, 2023 | -150.37 Mn |