GDS Holdings (GDS) Goodwill (2014 - 2025)

GDS Holdings' Goodwill history runs 12 years deep, the most recent figure standing at $731.4 million for Q4 2025.

• On a quarterly basis, Goodwill fell 10.74% year-over-year to $731.4 million in Q4 2025; TTM through Dec 2025 was $731.4 million, a 10.74% decrease from a year earlier, with the FY2025 full-year figure at $721.9 million, down 11.88% from the prior year.
• Goodwill retreated to $731.4 million in Q4 2025 per GDS's latest filing, from $778.9 million in the prior quarter.
• Across five years, Goodwill topped out at $1.1 billion in Q4 2021 and bottomed at $13.8 million in Q1 2021.
• The 5-year median for Goodwill is $817.5 million (2023), against an average of $751.9 million.
• Across the five-year window, Goodwill soared 182.52% in 2021 and decreased 17.83% in 2023, its largest moves.
• Year by year, Goodwill stood at $1.1 billion in 2021, then decreased by 10.11% to $995.0 million in 2022, then retreated by 17.83% to $817.5 million in 2023, then increased by 0.24% to $819.5 million in 2024, then retreated by 10.74% to $731.4 million in 2025.
• Per Business Quant, the three latest GDS Goodwill figures stand at $731.4 million (Q4 2025), $778.9 million (Q1 2025), and $819.5 million (Q4 2024).