GDS Holdings (GDS) Capital Expenditures (2015 - 2026)

GDS Holdings' Capital Expenditures history runs 12 years deep, the most recent figure standing at -$111.6 million for Q1 2026.

• On a quarterly basis, Capital Expenditures rose 19.74% year-over-year to -$111.6 million in Q1 2026; TTM through Mar 2026 was -$618.7 million, a 29.23% increase from a year earlier, with the FY2025 full-year figure at -$659.3 million, down 62.29% from the prior year.
• Capital Expenditures grew to -$111.6 million in Q1 2026 per GDS's latest filing, from -$130.8 million in the prior quarter.
• Across five years, Capital Expenditures topped out at -$52.2 million in Q4 2024 and bottomed 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.
• Across the five-year window, Capital Expenditures soared 65.25% in 2024 and slumped 150.32% in 2025, its largest moves.
• Year by year, Capital Expenditures stood at -$309.6 million in 2022, then soared by 51.43% to -$150.4 million in 2023, then surged by 65.25% to -$52.2 million in 2024, then slumped by 150.32% to -$130.8 million in 2025, then increased by 14.65% to -$111.6 million in 2026.
• Per Business Quant, the three latest GDS Capital Expenditures figures stand at -$111.6 million (Q1 2026), -$130.8 million (Q4 2025), and -$199.7 million (Q3 2025).