GDS Holdings (GDS) Goodwill & Intangibles (2014 - 2026)
GDS Holdings (GDS) recorded Goodwill & Intangibles of $793.89 million in the quarter ended Jun 30, 2026, up 0.8% from $787.36 million a year earlier and up 1.0% from the prior quarter.
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Analysis
GDS Holdings (GDS) Goodwill & Intangibles (2014 - 2026) Analysis & Trends
As of Dec 31, 2025, GDS Holdings reported Goodwill & Intangibles of $780.92 million, down 10.5% from the prior year.
- Annual Goodwill & Intangibles has declined for four straight years, though with a five-year compound annual growth rate of 8.5% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Goodwill & Intangibles came in at $872.34 million in the year ended Dec 31, 2024 (-20.2%), $1.09 billion in the year ended Dec 31, 2023 (-7.1%), $1.18 billion in the year ended Dec 31, 2022 (-10.2%) and $1.31 billion in the year ended Dec 31, 2021 (+153.1%).
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Goodwill & Intangibles since the quarter ended Mar 31, 2025.
- On a year-over-year basis, Goodwill & Intangibles rose in 1 of the last eight quarters, with an average decline of 12.0%.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 156.2% in the quarter ended Dec 31, 2021, against a decline of 27.6% in the quarter ended Sep 30, 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $786.07 million (quarter ended Mar 31, 2026), $769.97 million (quarter ended Dec 31, 2025) and $784.65 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,870.06 Bn | 3,793.22 Bn | 60.48 Bn |
| 2 | International Business Machines | 237.60 Bn | 188.50 Bn | 9.91 Bn |
| 3 | Cloudflare | 97.89 Bn | 81.42 Bn | 499.52 Mn |
| 4 | Equinix | 94.00 Bn | 82.55 Bn | 1.40 Bn |
| 5 | Nebius | 40.27 Bn | 13.71 Bn | 448.70 Mn |
| 6 | CoreWeave | 30.64 Bn | 17.73 Bn | 1.70 Bn |
| 7 | Verisign | 27.35 Bn | 24.71 Bn | 393.20 Mn |
| 8 | Nutanix | 18.82 Bn | 10.50 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.55 Bn | 10.13 Bn | 828.20 Mn |
| 10 | GDS Holdings | 4.57 Bn | -3.57 Bn | 97.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 792.89 Mn |
| Mar 31, 2026 | 784.52 Mn |
| Dec 31, 2025 | 780.59 Mn |
| Sep 30, 2025 | 784.60 Mn |
| Jun 30, 2025 | 789.44 Mn |
| Mar 31, 2025 | 838.85 Mn |
| Dec 31, 2024 | 872.49 Mn |
| Sep 30, 2024 | 1.09 Bn |
| Jun 30, 2024 | 1.05 Bn |
| Mar 31, 2024 | 1.07 Bn |
| Dec 31, 2023 | 925.10 Mn |
| Sep 30, 2023 | 1.09 Bn |
| Jun 30, 2023 | 1.11 Bn |
| Mar 31, 2023 | 1.18 Bn |
| Dec 31, 2022 | 1.17 Bn |
| Sep 30, 2022 | 1.15 Bn |
| Jun 30, 2022 | 1.23 Bn |
| Mar 31, 2022 | 1.31 Bn |
| Dec 31, 2021 | 1.31 Bn |
| Sep 30, 2021 | 1.05 Bn |
API Access
GDS Holdings Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();