GDS Holdings (GDS) EBITDA Margin (2015 - 2026)
GDS Holdings (GDS) posted EBITDA Margin of 42.76% for the quarter ended Jun 30, 2026, down 1.70 percentage points from 44.46% a year earlier and down 9.51 percentage points from the prior quarter.
GDS Holdings (GDS) EBITDA Margin (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA Margin at GDS Holdings was 37.21%, down 7.11 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 30.63%, down 12.94 percentage points from the prior year.
- Annual EBITDA Margin shows a five-year change of -12.45 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, GDS Holdings' EBITDA Margin was 43.57% in the year ended Dec 31, 2024 (+31.39 pp), 12.19% in the year ended Dec 31, 2023 (-29.59 pp), 41.77% in the year ended Dec 31, 2022 (-1.54 pp) and 43.31% in the year ended Dec 31, 2021 (+0.24 pp).
- Quarterly EBITDA Margin has run from a low of -78.30% in the quarter ended Dec 31, 2023 to a high of 60.72% in the quarter ended Sep 30, 2025 over five years.
- On a year-over-year basis, EBITDA Margin increased in six of the last eight quarters, with an average year-over-year change of +12.39 percentage points.
- The strongest year-over-year quarter for EBITDA Margin in the past five years was the quarter ended Dec 31, 2024, with a gain of 122.37 percentage points; the weakest was the quarter ended Dec 31, 2023, with a drop of 119.58 percentage points.
- According to Business Quant data, EBITDA Margin for the three prior quarters was 52.27% (quarter ended Mar 31, 2026), -9.22% (quarter ended Dec 31, 2025) and 60.72% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 57.36% |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 23.10% |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | -15.49% |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 46.55% |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 18.99% |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 53.94% |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 69.70% |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 11.68% |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 27.41% |
| 10 | GDS Holdings | 4.27 Bn | -4.01 Bn | 97.55 Mn | 42.91% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 42.91% |
| Mar 31, 2026 | 52.27% |
| Dec 31, 2025 | -9.80% |
| Sep 30, 2025 | 60.72% |
| Jun 30, 2025 | 44.59% |
| Mar 31, 2025 | 46.03% |
| Dec 31, 2024 | 43.89% |
| Sep 30, 2024 | 44.18% |
| Jun 30, 2024 | 43.83% |
| Mar 31, 2024 | 42.63% |
| Dec 31, 2023 | -82.70% |
| Sep 30, 2023 | 40.05% |
| Jun 30, 2023 | 47.07% |
| Mar 31, 2023 | 43.28% |
| Dec 31, 2022 | 41.28% |
| Sep 30, 2022 | 40.69% |
| Jun 30, 2022 | 42.52% |
| Mar 31, 2022 | 42.69% |
| Dec 31, 2021 | 43.64% |
| Sep 30, 2021 | 42.85% |
GDS Holdings EBITDA Margin 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=ebitda-margin&ticker=GDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();