GDS Holdings (GDS) Current Leases (2015 - 2026)
GDS Holdings (GDS) posted Current Leases of $14.0 million for Q2 2026, down 9.16% on a QoQ basis from $15.4 million in Q1 2026, and down 12.27% year-over-year from $16.0 million in Q2 2025.
Analysis
GDS Holdings (GDS) Current Leases (2015 - 2026) Analysis & Trends
GDS Holdings has reported Current Leases for 12 years, with the latest figure at $14.0 million in Q2 2026.
- On a quarterly basis, Current Leases fell 12.27% year-over-year to $14.0 million in Q2 2026; TTM through Jun 2026 was $14.0 million, a 12.27% decrease from a year earlier, with the FY2025 full-year figure at $15.7 million, down 2.03% from the prior year.
- Current Leases was $14.0 million for Q2 2026 at GDS Holdings, down from $15.4 million in the prior quarter.
- The five-year high for Current Leases was $26.6 million in Q2 2022, with the low at $13.6 million in Q3 2025.
- Average Current Leases over 5 years is $21.0 million, with a median of $22.8 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Current Leases soared 34.35% in 2022, then slumped 42.78% in 2025.
- Over 5 years, Current Leases stood at $25.4 million in 2022, then slipped by 27.28% to $18.4 million in 2023, then slipped by 11.44% to $16.3 million in 2024, then decreased by 4.95% to $15.5 million in 2025, then decreased by 9.65% to $14.0 million in 2026.
- The last three Current Leases figures came in at $14.0 million (Q2 2026), $15.4 million (Q1 2026), and $15.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 101.73 Bn | 99.51 Bn | 1.40 Bn | 176.00 Mn |
| 2 | Terawulf | 7.98 Bn | 5.22 Bn | 32.37 Mn | 2.10 Mn |
| 3 | Applied Digital | 7.19 Bn | 3.22 Bn | 97.29 Mn | 66.07 Mn |
| 4 | Cipher Digital | 6.52 Bn | 2.50 Bn | 9.79 Mn | 4.48 Mn |
| 5 | GDS Holdings | 5.95 Bn | 3.75 Bn | 97.89 Mn | 14.03 Mn |
| 6 | Core Scientific | 5.76 Bn | 3.83 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.72 Bn | 731.69 Mn | 74.45 Mn | 144.46 Mn |
| 8 | Sify Technologies | 1.53 Bn | 1.53 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 732.28 Mn | 671.91 Mn | 18.88 Mn | 5.16 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.03 Mn |
| Mar 31, 2026 | 15.45 Mn |
| Dec 31, 2025 | 15.53 Mn |
| Sep 30, 2025 | 13.56 Mn |
| Jun 30, 2025 | 15.99 Mn |
| Mar 31, 2025 | 16.29 Mn |
| Dec 31, 2024 | 16.34 Mn |
| Sep 30, 2024 | 23.70 Mn |
| Jun 30, 2024 | 25.29 Mn |
| Mar 31, 2024 | 26.12 Mn |
| Dec 31, 2023 | 18.45 Mn |
| Sep 30, 2023 | 24.68 Mn |
| Jun 30, 2023 | 26.15 Mn |
| Mar 31, 2023 | 26.50 Mn |
| Dec 31, 2022 | 25.37 Mn |
| Sep 30, 2022 | 21.97 Mn |
| Jun 30, 2022 | 26.61 Mn |
| Mar 31, 2022 | 25.54 Mn |
| Dec 31, 2021 | 22.79 Mn |
| Sep 30, 2021 | 18.66 Mn |