GDS Holdings (GDS) Intangibles (2015 - 2025)

GDS Holdings' Intangibles history runs 11 years deep, the most recent figure standing at $38.5 million for Q4 2025.

• In Q4 2025, Intangibles fell 42.46% year-over-year to $38.5 million; the TTM figure through Dec 2025 stood at $38.5 million (down 42.46% YoY), while the FY2025 annual figure was $38.0 million, down 43.21% from the prior year.
• Intangibles was $38.5 million for Q4 2025 at GDS Holdings, down from $59.2 million in the prior quarter.
• In the past five years, Intangibles ranged from a high of $200.6 million in Q4 2021 to a low of $38.5 million in Q4 2025.
• Historically, Intangibles has averaged $101.4 million across 5 years, with a median of $81.3 million in 2023.
• The sharpest annual moves came in 2021 and 2025: Intangibles jumped 69.3% in 2021, then plunged 42.46% in 2025.
• A 5-year view of Intangibles shows it stood at $200.6 million in 2021, then dropped by 26.57% to $147.3 million in 2022, then tumbled by 35.11% to $95.6 million in 2023, then slipped by 29.93% to $67.0 million in 2024, then slumped by 42.46% to $38.5 million in 2025.
• The last three Intangibles figures came in at $38.5 million (Q4 2025), $59.2 million (Q1 2025), and $67.0 million (Q4 2024), per Business Quant data.