GDS Holdings (GDS) Convertible Debt (2015 - 2025)

GDS Holdings' Convertible Debt history runs 11 years deep, the most recent figure standing at $1.7 billion for Q4 2025.

• In Q4 2025, Convertible Debt rose 43.41% year-over-year to $1.7 billion; the TTM figure through Dec 2025 stood at $1.7 billion (up 43.41% YoY), while the FY2025 annual figure was $1.7 billion, down 99.86% from the prior year.
• Convertible Debt was $1.7 billion for Q4 2025 at GDS Holdings, up from $1.2 billion in the prior quarter.
• In the past five years, Convertible Debt ranged from a high of $1.7 billion in Q4 2025 to a low of $296.5 million in Q4 2021.
• Historically, Convertible Debt has averaged $830.5 million across 5 years, with a median of $915.6 million in 2022.
• The sharpest annual moves came in 2021 and 2022: Convertible Debt increased 0.45% in 2021, then surged 208.42% in 2022.
• A 5-year view of Convertible Debt shows it stood at $296.5 million in 2021, then surged by 103.65% to $603.9 million in 2022, then surged by 93.99% to $1.2 billion in 2023, then increased by 1.92% to $1.2 billion in 2024, then surged by 43.41% to $1.7 billion in 2025.
• The last three Convertible Debt figures came in at $1.7 billion (Q4 2025), $1.2 billion (Q1 2025), and $1.2 billion (Q4 2024), per Business Quant data.