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| Date | Value |
|---|---|
| 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 |