GDS Holdings (GDS) Intangibles (2015 - 2025)
GDS Holdings (GDS) reported Intangibles of $38.54 million for the quarter ended Dec 31, 2025, down 42.5% from $66.98 million a year earlier.
Powered by 
Analysis
GDS Holdings (GDS) Intangibles (2015 - 2025) Analysis & Trends
As of Dec 31, 2025, GDS Holdings posted Intangibles of $38.04 million, down 43.2% from the prior year.
- Intangibles has declined for four consecutive years, with a five-year compound annual growth rate of -20.3% (years ended Dec 2020 to Dec 2025).
- By year, Intangibles came in at $66.96 million in the year ended Dec 31, 2024 (-30.0%), $95.59 million in the year ended Dec 31, 2023 (-35.1%), $147.31 million in the year ended Dec 31, 2022 (-26.6%) and $200.62 million in the year ended Dec 31, 2021 (+69.3%).
- The figure for the quarter ended Dec 31, 2025 ranks as the lowest quarterly Intangibles since the quarter ended Dec 31, 2016.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,949.40 Bn | 3,872.56 Bn | 60.48 Bn | 18.61 Bn |
| 2 | International Business Machines | 225.91 Bn | 176.72 Bn | 9.91 Bn | 13.96 Bn |
| 3 | Cloudflare | 104.69 Bn | 88.22 Bn | 499.52 Mn | 57.37 Mn |
| 4 | Equinix | 97.67 Bn | 86.24 Bn | 1.40 Bn | 1.20 Bn |
| 5 | Nebius | 41.73 Bn | 15.17 Bn | 448.70 Mn | 83.90 Mn |
| 6 | CoreWeave | 34.60 Bn | 21.69 Bn | 1.70 Bn | 245.00 Mn |
| 7 | Verisign | 27.86 Bn | 25.07 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.21 Bn | 9.89 Bn | 651.35 Mn | 1.84 Mn |
| 9 | GoDaddy | 14.19 Bn | 9.76 Bn | 828.20 Mn | 966.10 Mn |
| 10 | GDS Holdings | 4.51 Bn | -3.76 Bn | 97.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 39.07 Mn |
| Mar 31, 2025 | 59.25 Mn |
| Dec 31, 2024 | 65.92 Mn |
| Dec 31, 2023 | 96.85 Mn |
| Dec 31, 2022 | 150.47 Mn |
| Dec 31, 2021 | 201.29 Mn |
| Dec 31, 2020 | 120.41 Mn |
| Jun 30, 2020 | 78.81 Mn |
| Dec 31, 2019 | 56.49 Mn |
| Sep 30, 2019 | 55.39 Mn |
| Dec 31, 2018 | 70.16 Mn |
| Dec 31, 2017 | 53.35 Mn |
| Sep 30, 2017 | 38.89 Mn |
| Dec 31, 2016 | 13.33 Mn |
| Dec 31, 2015 | 7.24 Mn |
API Access
GDS Holdings 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=intangibles&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=intangibles&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();