GDS Holdings (GDS) Gross Margin (2015 - 2026)

GDS Holdings has reported Gross Margin for 12 years, with the latest figure at 21.51% in Q2 2026.

• On a quarterly basis, Gross Margin fell 224.0% year-over-year to 21.51% in Q2 2026; TTM through Jun 2026 was 24.87%, a 209.0% increase from a year earlier, with the FY2025 full-year figure at 22.62%, up 108.0% from the prior year.
• Gross Margin was 21.51% for Q2 2026 at GDS Holdings, down from 33.61% in the prior quarter.
• The five-year high for Gross Margin was 33.61% in Q1 2026, with the low at 16.91% in Q4 2023.
• Average Gross Margin over 5 years is 21.9%, with a median of 21.59% recorded in 2026.
• The sharpest annual moves came in 2023 and 2026: Gross Margin plunged 339 bps in 2023, then surged 993 bps in 2026.
• Over 5 years, Gross Margin stood at 20.3% in 2022, then fell by 17 bps to 16.91% in 2023, then grew by 27 bps to 21.49% in 2024, then fell by 2 bps to 20.96% in 2025, then increased by 3 bps to 21.51% in 2026.
• The last three Gross Margin figures came in at 21.51% (Q2 2026), 33.61% (Q1 2026), and 20.96% (Q4 2025), per Business Quant data.