GDS Holdings (GDS) Current Deferred Revenue (2015 - 2025)
GDS Holdings (GDS) posted Current Deferred Revenue of $23.4 million for Q4 2025, up 97.18% on a QoQ basis from $11.9 million in Q1 2025, and up 18.39% year-over-year from $19.7 million in Q4 2024.
Analysis
GDS Holdings (GDS) Current Deferred Revenue (2015 - 2025) Analysis & Trends
GDS Holdings has reported Current Deferred Revenue for 11 years, with the latest figure at $23.4 million in Q4 2025.
- On a quarterly basis, Current Deferred Revenue rose 18.39% year-over-year to $23.4 million in Q4 2025; TTM through Dec 2025 was $23.4 million, a 18.39% increase from a year earlier, with the FY2025 full-year figure at $23.1 million, up 16.85% from the prior year.
- Current Deferred Revenue was $23.4 million for Q4 2025 at GDS Holdings, up from $11.9 million in the prior quarter.
- The five-year high for Current Deferred Revenue was $26.1 million in Q4 2022, with the low at $11.9 million in Q1 2025.
- Average Current Deferred Revenue over 5 years is $21.4 million, with a median of $22.3 million recorded in 2025.
- The sharpest annual moves came in 2021 and 2024: Current Deferred Revenue rose 26.29% in 2021, then declined 24.2% in 2024.
- Over 5 years, Current Deferred Revenue stood at $21.3 million in 2021, then rose by 22.92% to $26.1 million in 2022, then dropped by 0.3% to $26.1 million in 2023, then slipped by 24.2% to $19.7 million in 2024, then advanced by 18.39% to $23.4 million in 2025.
- The last three Current Deferred Revenue figures came in at $23.4 million (Q4 2025), $11.9 million (Q1 2025), and $19.7 million (Q4 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 23.38 Mn |
| Mar 31, 2025 | 11.86 Mn |
| Dec 31, 2024 | 19.75 Mn |
| Dec 31, 2023 | 26.05 Mn |
| Dec 31, 2022 | 26.13 Mn |
| Dec 31, 2021 | 21.26 Mn |
| Dec 31, 2020 | 16.83 Mn |
| Jun 30, 2020 | 10.54 Mn |
| Dec 31, 2019 | 15.00 Mn |
| Sep 30, 2019 | 12.98 Mn |
| Dec 31, 2018 | 10.57 Mn |
| Mar 31, 2018 | 9.61 Mn |
| Dec 31, 2017 | 11.05 Mn |
| Sep 30, 2017 | 6.66 Mn |
| Dec 31, 2016 | 8.15 Mn |
| Dec 31, 2015 | 7.29 Mn |