GDS Holdings (GDS) Cost of Revenue (2015 - 2026)

GDS Holdings has reported Cost of Revenue for 12 years, with the latest figure at $357.2 million in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 15.72% year-over-year to $357.2 million in Q2 2026; TTM through Jun 2026 was $1.3 billion, a 9.38% increase from a year earlier, with the FY2025 full-year figure at $1.3 billion, up 13.35% from the prior year.
• Cost of Revenue was $357.2 million for Q2 2026 at GDS Holdings, up from $324.1 million in the prior quarter.
• The five-year high for Cost of Revenue was $357.2 million in Q2 2026, with the low at $263.6 million in Q3 2022.
• Average Cost of Revenue over 5 years is $297.1 million, with a median of $287.9 million recorded in 2024.
• The sharpest annual moves came in 2022 and 2025: Cost of Revenue surged 38.73% in 2022, then declined 4.02% in 2025.
• Over 5 years, Cost of Revenue stood at $277.8 million in 2022, then rose by 7.7% to $299.2 million in 2023, then slipped by 3.26% to $289.4 million in 2024, then advanced by 14.1% to $330.2 million in 2025, then climbed by 8.17% to $357.2 million in 2026.
• The last three Cost of Revenue figures came in at $357.2 million (Q2 2026), $324.1 million (Q1 2026), and $330.2 million (Q4 2025), per Business Quant data.