KPIs & Operating Metrics(New)
Area Committed (Sqm)Area Committed (Sqm) AnnualArea In Service (Sqm)Area In Service (Sqm) AnnualArea Pre Committed (Sqm)Area Pre Committed (Sqm) AnnualArea Under Construction By Geography AnnualArea Under Construction (Sqm)Area Under Construction (Sqm) AnnualArea Utilized (Sqm)Area Utilized (Sqm) AnnualAverage Msr (Rmb / Sqm / Month)Backlog AnnualBacklog For Area In Service (Sqm)Backlog For Area In Service (Sqm) AnnualBacklog For Area Under Construction By GeographyBacklog For Area Under Construction By Geography AnnualBacklog For Area Under Construction (Sqm)Breakdown Of Area In Service %Breakdown Of AssetsCommitment Rate %Commitment Rate (%) Annual %Cost Of RevenueCustomer CountEmployee StatisticsGross Additional Area Committed By GeographyGross Margin %Gross Margin Annual %Gross ProfitGross Profit AnnalIncome (Loss) Before Income Tax By RegionMsr (Rmb / Sqm / Month)Net Additional Area Committed By Customer Segment Annual %Net Additional Area Committed By GeographyNet Additional Area Committed By Geography AnnualNet Additional Area In Service By Year (Sqm) AnnualNet Additional Area Utilized (Sqm)Net Additional Area Utilized (Sqm) By Geography AnnualNon Gaap ProfitabilityNon Gaap Profitability %Non Gaap Profitability AnnualNon Gaap Profitability Annual %Opex As A % Of Total Revenue %OPEX SegregationPre Commitment Rate %Pre Commitment Rate (%) Annual %Property And Equipment BreakdownRemaining Performance Obligations AnnualRevenue By SegmentRevenue By Segment %Revenue By Segment AnnualRevenue By Segment Annual %Service Revenue By Category AnnualTotal Area Committed Breakdown %Total Area Committed (Sqm)Total Area Committed (Sqm) AnnualTotal Capacity (Sqm)Utilization Rate %Utilization Rate % Annual
Balance Sheet
Cash Flow Statement
Daily Values
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Equity IncomeGross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest & Investment IncomeInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeNon Operating Investment IncomeNon Operating Investment IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeProfit After TaxResearch & DevelopmentRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateTax Rate
Others
Cost of RevenueDepreciation & Amortization (IS)EBIATGross ProfitLeasesLong-Term Debt IssuancesLong-Term Debt RepaymentsNon-Current ReceivablesOther Gross PP&E AdjustmentsOther Gross PP&E AdjustmentsReceivables - NetReceivables - OtherReceivables RefundsShares IssuedShares OutstandingShares OutstandingShort-Term Debt issuancesShort-Term Debt repayments
Ratios

GDS Holdings (GDS) Cost Of Revenue (2016 - 2025)

GDS Holdings has reported Cost of Revenue over the past 11 years, most recently at $330.2 million for Q4 2025.

  • For Q4 2025, Cost of Revenue rose 14.1% year-over-year to $330.2 million; the TTM value through Dec 2025 reached $1.2 billion, up 3.08%, while the annual FY2025 figure was $1.3 billion, 13.35% up from the prior year.
  • Cost of Revenue for Q4 2025 was $330.2 million at GDS Holdings, up from $315.8 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $330.2 million in Q4 2025 and troughed at $199.8 million in Q1 2021.
  • A 5-year average of $280.1 million and a median of $281.6 million in 2023 define the central range for Cost of Revenue.
  • Biggest five-year swings in Cost of Revenue: soared 58.95% in 2021 and later dropped 4.02% in 2025.
  • Year by year, Cost of Revenue stood at $266.8 million in 2021, then rose by 4.13% to $277.8 million in 2022, then grew by 7.7% to $299.2 million in 2023, then dropped by 3.26% to $289.4 million in 2024, then rose by 14.1% to $330.2 million in 2025.
  • Business Quant data shows Cost of Revenue for GDS at $330.2 million in Q4 2025, $315.8 million in Q3 2025, and $308.7 million in Q2 2025.