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

GDS Holdings' (GDS) quarterly Convertible Debt came in at $1.7 billion in Q4 2025, up 43.41% year-on-year from $1.2 billion in Q4 2024, and up 45.26% quarter-over-quarter from $1.2 billion in Q1 2025.

GDS Holdings (GDS) Convertible Debt (2015 - 2025) Analysis & Trends

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

  • On a quarterly basis, Convertible Debt rose 43.41% year-over-year to $1.7 billion in Q4 2025; TTM through Dec 2025 was $1.7 billion, a 43.41% increase from a year earlier, with the FY2025 full-year figure at $1.7 billion, up 2039.14% from the prior year.
  • Convertible Debt advanced to $1.7 billion in Q4 2025 per GDS's latest filing, from $1.2 billion in the prior quarter.
  • Across five years, Convertible Debt topped out at $1.7 billion in Q4 2025 and bottomed at $296.5 million in Q4 2021.
  • The 5-year median for Convertible Debt is $915.6 million (2022), against an average of $830.5 million.
  • Across the five-year window, Convertible Debt gained 0.45% in 2021 and jumped 208.42% in 2022, its largest moves.
  • Year by year, Convertible Debt 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.
  • Per Business Quant, the three latest GDS Convertible Debt figures stand at $1.7 billion (Q4 2025), $1.2 billion (Q1 2025), and $1.2 billion (Q4 2024).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn
5 Cgi 41.25 Bn 40.60 Bn -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn

Historic Data

Download Data
DateValue
Dec 31, 2025 1.71 Bn
Mar 31, 2025 1.18 Bn
Dec 31, 2024 1.19 Bn
Mar 31, 2024 1.17 Bn
Dec 31, 2023 1.17 Bn
Dec 31, 2022 603.89 Mn
Mar 31, 2022 915.64 Mn
Dec 31, 2021 296.53 Mn
Sep 30, 2021 298.83 Mn
Jun 30, 2021 296.61 Mn
Mar 31, 2021 296.88 Mn
Dec 31, 2020 290.99 Mn
Sep 30, 2020 296.01 Mn
Jun 30, 2020 295.28 Mn
Mar 31, 2020 294.42 Mn
Dec 31, 2019 290.81 Mn
Sep 30, 2019 290.31 Mn
Jun 30, 2019 293.36 Mn
Mar 31, 2019 293.49 Mn
Dec 31, 2018 289.94 Mn