GDS Holdings (GDS) Current Leases (2014 - 2026)
GDS Holdings (GDS) posted Current Leases of $784.53 million for the quarter ended Jun 30, 2026, down 22.8% from $1.02 billion a year earlier and down 4.1% from the prior quarter.
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Analysis
GDS Holdings (GDS) Current Leases (2014 - 2026) Analysis & Trends
As of Dec 31, 2025, GDS Holdings' Current Leases came in at $1.01 billion, down 3.1% from the prior year.
- Annual Current Leases has declined for four consecutive years, with a five-year compound annual growth rate of -4.1% (years ended Dec 2020 to Dec 2025).
- In prior years, GDS Holdings' Current Leases was $1.04 billion in the year ended Dec 31, 2024 (-6.3%), $1.11 billion in the year ended Dec 31, 2023 (-14.0%), $1.29 billion in the year ended Dec 31, 2022 (-7.8%) and $1.4 billion in the year ended Dec 31, 2021 (+13.0%).
- The figure for the quarter ended Jun 30, 2026 stands as the lowest quarterly Current Leases since the quarter ended Mar 31, 2020.
- On a year-over-year basis, Current Leases has declined in each of the last five quarters, with an average decline of 7.6% over the last eight quarters.
- The strongest year-over-year quarter for Current Leases in the past five years was the quarter ended Dec 31, 2021, with growth of 14.4%; the weakest was the quarter ended Jun 30, 2026, with a decline of 22.8%.
- According to Business Quant data, Current Leases for the three prior quarters was $818.27 million (quarter ended Mar 31, 2026), $994.56 million (quarter ended Dec 31, 2025) and $1 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,944.62 Bn | 3,880.11 Bn | 62.56 Bn | - |
| 2 | International Business Machines | 231.10 Bn | 185.71 Bn | 9.71 Bn | - |
| 3 | Equinix | 100.11 Bn | 88.01 Bn | 1.31 Bn | 182.00 Mn |
| 4 | Cloudflare | 96.02 Bn | 78.46 Bn | 557.23 Mn | - |
| 5 | Nebius | 31.44 Bn | 4.87 Bn | 448.70 Mn | - |
| 6 | Verisign | 27.82 Bn | 25.17 Bn | 393.20 Mn | - |
| 7 | CoreWeave | 25.57 Bn | 12.66 Bn | 1.70 Bn | 7.00 Mn |
| 8 | Nutanix | 15.68 Bn | 7.37 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.30 Bn | 9.69 Bn | 843.00 Mn | - |
| 10 | GDS Holdings | 4.25 Bn | -4.02 Bn | 97.55 Mn | 783.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 783.55 Mn |
| Mar 31, 2026 | 816.66 Mn |
| Dec 31, 2025 | 1.01 Bn |
| Sep 30, 2025 | 1.00 Bn |
| Jun 30, 2025 | 1.20 Bn |
| Mar 31, 2025 | 115.48 Mn |
| Dec 31, 2024 | 1.04 Bn |
| Sep 30, 2024 | 1.10 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 961.31 Mn |
| Dec 31, 2023 | 1.11 Bn |
| Sep 30, 2023 | 1.10 Bn |
| Jun 30, 2023 | 1.15 Bn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | 1.28 Bn |
| Sep 30, 2022 | 1.29 Bn |
| Jun 30, 2022 | 1.24 Bn |
| Mar 31, 2022 | 1.35 Bn |
| Dec 31, 2021 | 1.40 Bn |
| Sep 30, 2021 | 1.31 Bn |
API Access
GDS Holdings Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();