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

GDS Holdings' Cost of Revenue history runs 12 years deep, the most recent figure standing at $324.1 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 13.16% year-over-year to $324.1 million in Q1 2026; TTM through Mar 2026 was $1.3 billion, a 6.04% 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 fell to $324.1 million in Q1 2026 per GDS's latest filing, from $330.2 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $330.2 million in Q4 2025 and bottomed at $263.6 million in Q3 2022.
• The 5-year median for Cost of Revenue is $286.4 million (2025), against an average of $293.5 million.
• Across the five-year window, Cost of Revenue soared 38.73% in 2022 and fell 4.02% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $277.8 million in 2022, then increased by 7.7% to $299.2 million in 2023, then decreased by 3.26% to $289.4 million in 2024, then gained by 14.1% to $330.2 million in 2025, then slipped by 1.86% to $324.1 million in 2026.
• Per Business Quant, the three latest GDS Cost of Revenue figures stand at $324.1 million (Q1 2026), $330.2 million (Q4 2025), and $315.8 million (Q3 2025).