GDS Holdings (GDS) Exchange Rate Effect (2015 - 2026)
GDS Holdings (GDS) posted Exchange Rate Effect of -$10.7 million for Q2 2026, down 156.72% on a QoQ basis from $18.9 million in Q1 2026, and down 390.95% year-over-year from $3.7 million in Q2 2025.
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Analysis
GDS Holdings (GDS) Exchange Rate Effect (2015 - 2026) Analysis & Trends
GDS Holdings has reported Exchange Rate Effect for 12 years, with the latest figure at -$10.7 million in Q2 2026.
- On a quarterly basis, Exchange Rate Effect fell 390.95% year-over-year to -$10.7 million in Q2 2026; TTM through Jun 2026 was -$1.4 million, a 79.86% increase from a year earlier, with the FY2025 full-year figure at -$12.0 million, down 539.27% from the prior year.
- Exchange Rate Effect was -$10.7 million for Q2 2026 at GDS Holdings, down from $18.9 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $48.2 million in Q2 2022, with the low at -$10.7 million in Q2 2026.
- Average Exchange Rate Effect over 5 years is $4.3 million, with a median of -$908878.7 recorded in 2022.
- The sharpest annual moves came in 2025 and 2026: Exchange Rate Effect slumped 516.27% in 2025, then surged 57493.94% in 2026.
- Over 5 years, Exchange Rate Effect stood at -$1.3 million in 2022, then surged by 152.92% to $662000.0 in 2023, then sank by 233.69% to -$885000.0 in 2024, then plunged by 516.27% to -$5.5 million in 2025, then plunged by 96.96% to -$10.7 million in 2026.
- The last three Exchange Rate Effect figures came in at -$10.7 million (Q2 2026), $18.9 million (Q1 2026), and -$5.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.78 Bn | 98.58 Bn | 1.40 Bn | -5.00 Mn |
| 2 | Terawulf | 8.49 Bn | 5.72 Bn | 32.37 Mn | - |
| 3 | Applied Digital | 8.10 Bn | 6.08 Bn | 97.29 Mn | - |
| 4 | Cipher Digital | 7.60 Bn | 3.60 Bn | 9.79 Mn | - |
| 5 | GDS Holdings | 6.77 Bn | 4.71 Bn | 97.89 Mn | -10.74 Mn |
| 6 | Core Scientific | 5.75 Bn | 3.81 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.75 Bn | 868.32 Mn | 74.45 Mn | -3.65 Mn |
| 8 | Sify Technologies | 1.48 Bn | 1.48 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 736.82 Mn | 676.45 Mn | 18.88 Mn | - |
| 10 | Vulcan Infrastructure & Power | 454.82 Mn | 451.62 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.74 Mn |
| Mar 31, 2026 | 18.94 Mn |
| Dec 31, 2025 | -5.45 Mn |
| Sep 30, 2025 | -4.18 Mn |
| Jun 30, 2025 | -2.19 Mn |
| Mar 31, 2025 | -33,000.00 |
| Dec 31, 2024 | -885,000.00 |
| Sep 30, 2024 | -4.01 Mn |
| Jun 30, 2024 | 4.25 Mn |
| Mar 31, 2024 | -1.37 Mn |
| Dec 31, 2023 | 662,000.00 |
| Sep 30, 2023 | -1.40 Mn |
| Jun 30, 2023 | 18.60 Mn |
| Mar 31, 2023 | 3.63 Mn |
| Dec 31, 2022 | -1.25 Mn |
| Sep 30, 2022 | 15.21 Mn |
| Jun 30, 2022 | 48.15 Mn |
| Mar 31, 2022 | -932,757.32 |
| Dec 31, 2021 | 1.38 Mn |
| Sep 30, 2021 | 3.51 Mn |
API Access
GDS Holdings Exchange Rate Effect 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=exchange-rate-effect&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "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=exchange-rate-effect&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();