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Growth Metrics

GDS Holdings (GDS) Construction in Progress (2016 - 2025)

GDS Holdings has reported Construction in Progress over the past 11 years, most recently at $795.2 million for Q4 2025.

  • For Q4 2025, Construction in Progress fell 12.98% year-over-year to $795.2 million; the TTM value through Dec 2025 reached $795.2 million, down 12.98%, while the annual FY2025 figure was $784.9 million, 14.12% down from the prior year.
  • Construction in Progress for Q4 2025 was $795.2 million at GDS Holdings, down from $913.9 million in the prior quarter.
  • Over five years, Construction in Progress peaked at $1.5 billion in Q4 2022 and troughed at $795.2 million in Q4 2025.
  • A 5-year average of $1.1 billion and a median of $1.1 billion in 2021 define the central range for Construction in Progress.
  • Biggest five-year swings in Construction in Progress: skyrocketed 42.58% in 2021 and later fell 24.0% in 2024.
  • Year by year, Construction in Progress stood at $1.1 billion in 2021, then surged by 34.55% to $1.5 billion in 2022, then fell by 21.02% to $1.2 billion in 2023, then fell by 24.0% to $913.9 million in 2024, then fell by 12.98% to $795.2 million in 2025.
  • Business Quant data shows Construction in Progress for GDS at $795.2 million in Q4 2025, $913.9 million in Q4 2024, and $1.2 billion in Q4 2023.