GDS Holdings (GDS) Cash from Operations (2015 - 2026)
GDS Holdings (GDS) reported Cash from Operations of $208.73 million for the quarter ended Jun 30, 2026, up 72.8% from $120.77 million a year earlier and up 221.6% from the prior quarter.
Powered by 
Analysis
GDS Holdings (GDS) Cash from Operations (2015 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, GDS Holdings' Cash from Operations came in at $517.73 million, up 15.8% year-over-year; for the year ended Dec 31, 2025, it came in at $481.23 million, up 80.2% from the prior year.
- Cash from Operations has a five-year compound annual growth rate of 57.8% (years ended Dec 2020 to Dec 2025).
- By year, Cash from Operations came in at $267.11 million in the year ended Dec 31, 2024 (-8.2%), $290.88 million in the year ended Dec 31, 2023 (-29.8%), $414.38 million in the year ended Dec 31, 2022 (+119.8%) and $188.52 million in the year ended Dec 31, 2021 (+283.3%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Cash from Operations since the quarter ended Jun 30, 2022.
- Year over year, Cash from Operations gained in five of the last seven quarters, with growth averaging 25.1%.
- The high point for year-over-year Cash from Operations in five years was the quarter ended Jun 30, 2022 (growth of 329.7%); the low point was the quarter ended Jun 30, 2023 (a decline of 58.1%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $64.9 million (quarter ended Mar 31, 2026), $140.65 million (quarter ended Dec 31, 2025) and $103.46 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 55.44 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 2.60 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 117.56 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 1.07 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 2.25 Bn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 679.00 Mn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 231.60 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 315.01 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 442.50 Mn |
| 10 | GDS Holdings | 4.27 Bn | -4.01 Bn | 97.55 Mn | 207.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 207.99 Mn |
| Mar 31, 2026 | 64.63 Mn |
| Dec 31, 2025 | 138.67 Mn |
| Sep 30, 2025 | 102.90 Mn |
| Jun 30, 2025 | 119.61 Mn |
| Mar 31, 2025 | 107.31 Mn |
| Dec 31, 2024 | 129.37 Mn |
| Sep 30, 2024 | 89.51 Mn |
| Jun 30, 2024 | 68.03 Mn |
| Mar 31, 2024 | -17.48 Mn |
| Dec 31, 2023 | 131.86 Mn |
| Sep 30, 2023 | 70.57 Mn |
| Jun 30, 2023 | 104.88 Mn |
| Mar 31, 2023 | -18.88 Mn |
| Dec 31, 2022 | 127.65 Mn |
| Sep 30, 2022 | 84.17 Mn |
| Jun 30, 2022 | 245.54 Mn |
| Mar 31, 2022 | -38.56 Mn |
| Dec 31, 2021 | 63.52 Mn |
| Sep 30, 2021 | 70.52 Mn |
API Access
GDS Holdings Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();