GDS Holdings GDS
NASDAQ GDS
$32.40 +0.40 (+1.25%)
As of: Sep 9, 2026 · 3:59 PM EDT

GDS Holdings (GDS) EBITDA (2015 - 2026)

GDS Holdings (GDS) posted EBITDA of $64.5 million for Q2 2026, down 50.8% on a QoQ basis from $131.1 million in Q1 2026, and up 12.52% year-over-year from $57.3 million in Q2 2025.

Analysis

GDS Holdings (GDS) EBITDA (2015 - 2026) Analysis & Trends

GDS Holdings has reported EBITDA for 12 years, with the latest figure at $64.5 million in Q2 2026.

  • On a quarterly basis, EBITDA rose 12.52% year-over-year to $64.5 million in Q2 2026; TTM through Jun 2026 was $149.0 million, a 23.38% decrease from a year earlier, with the FY2025 full-year figure at -$7.8 million, down 104.84% from the prior year.
  • EBITDA was $64.5 million for Q2 2026 at GDS Holdings, down from $131.1 million in the prior quarter.
  • The five-year high for EBITDA was $165.6 million in Q1 2022, with the low at -$413.8 million in Q4 2023.
  • Average EBITDA over 5 years is $16.6 million, with a median of $37.5 million recorded in 2023.
  • The sharpest annual moves came in 2023 and 2024: EBITDA plunged 2194.42% in 2023, then surged 309.15% in 2024.
  • Over 5 years, EBITDA stood at $19.8 million in 2022, then slumped by 2194.42% to -$413.8 million in 2023, then soared by 109.99% to $41.3 million in 2024, then plunged by 508.67% to -$168.9 million in 2025, then soared by 138.19% to $64.5 million in 2026.
  • The last three EBITDA figures came in at $64.5 million (Q2 2026), $131.1 million (Q1 2026), and -$168.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Equinix 102.92 Bn 100.69 Bn 1.40 Bn 665.00 Mn
2 Terawulf 8.33 Bn 5.57 Bn 32.37 Mn -119.21 Mn
3 Applied Digital 7.46 Bn 3.49 Bn 97.29 Mn -124.82 Mn
4 Cipher Digital 6.94 Bn 2.92 Bn 9.79 Mn -59.94 Mn
5 GDS Holdings 6.17 Bn 3.98 Bn 97.89 Mn 64.50 Mn
6 Core Scientific 5.88 Bn 3.94 Bn 70.04 Mn -78.47 Mn
7 Vnet 1.75 Bn 757.22 Mn 74.45 Mn 135.34 Mn
8 Sify Technologies 1.55 Bn 1.55 Bn 51.65 Mn 31.74 Mn
9 WhiteFiber 745.81 Mn 685.44 Mn 18.88 Mn -2.69 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn -8.54 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 64.50 Mn
Mar 31, 2026 131.08 Mn
Dec 31, 2025 -168.90 Mn
Sep 30, 2025 122.37 Mn
Jun 30, 2025 57.32 Mn
Mar 31, 2025 50.24 Mn
Dec 31, 2024 41.33 Mn
Sep 30, 2024 45.64 Mn
Jun 30, 2024 43.43 Mn
Mar 31, 2024 30.36 Mn
Dec 31, 2023 -413.84 Mn
Sep 30, 2023 11.15 Mn
Jun 30, 2023 33.68 Mn
Mar 31, 2023 22.59 Mn
Dec 31, 2022 19.76 Mn
Sep 30, 2022 21.49 Mn
Jun 30, 2022 20.19 Mn
Mar 31, 2022 165.62 Mn
Dec 31, 2021 160.69 Mn
Sep 30, 2021 23.16 Mn