GDS Holdings (GDS) Interest Expenses (2015 - 2026)
GDS Holdings (GDS) posted Interest Expenses of -$53.9 million for Q2 2026, up 1.77% on a QoQ basis from -$54.8 million in Q1 2026, and up 4.71% year-over-year from -$51.4 million in Q2 2025.
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GDS Holdings (GDS) Interest Expenses (2015 - 2026) Analysis & Trends
GDS Holdings has reported Interest Expenses for 12 years, with the latest figure at -$53.9 million in Q2 2026.
- On a quarterly basis, Interest Expenses rose 4.71% year-over-year to -$53.9 million in Q2 2026; TTM through Jun 2026 was -$220.2 million, a 14.85% increase from a year earlier, with the FY2025 full-year figure at -$233.8 million, up 11.85% from the prior year.
- Interest Expenses was -$53.9 million for Q2 2026 at GDS Holdings, up from -$54.8 million in the prior quarter.
- The five-year high for Interest Expenses was -$52.5 million in Q3 2025, with the low at -$76.2 million in Q3 2024.
- Average Interest Expenses over 5 years is -$64.9 million, with a median of -$66.5 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Interest Expenses slumped 31.04% in 2022, then soared 31.19% in 2025.
- Over 5 years, Interest Expenses stood at -$69.1 million in 2022, then gained by 1.71% to -$67.9 million in 2023, then climbed by 7.5% to -$62.8 million in 2024, then climbed by 6.05% to -$59.0 million in 2025, then rose by 8.77% to -$53.9 million in 2026.
- The last three Interest Expenses figures came in at -$53.9 million (Q2 2026), -$54.8 million (Q1 2026), and -$59.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.78 Bn | 98.58 Bn | 1.40 Bn | 151.00 Mn |
| 2 | Terawulf | 8.49 Bn | 5.72 Bn | 32.37 Mn | 56.39 Mn |
| 3 | Applied Digital | 8.10 Bn | 6.08 Bn | 97.29 Mn | 10.63 Mn |
| 4 | Cipher Digital | 7.60 Bn | 3.60 Bn | 9.79 Mn | 66.74 Mn |
| 5 | GDS Holdings | 6.77 Bn | 4.71 Bn | 97.89 Mn | -53.87 Mn |
| 6 | Core Scientific | 5.75 Bn | 3.81 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.75 Bn | 868.32 Mn | 74.45 Mn | -30.03 Mn |
| 8 | Sify Technologies | 1.48 Bn | 1.48 Bn | 51.65 Mn | 10.80 Mn |
| 9 | WhiteFiber | 736.82 Mn | 676.45 Mn | 18.88 Mn | 4.58 Mn |
| 10 | Vulcan Infrastructure & Power | 454.82 Mn | 451.62 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -53.87 Mn |
| Mar 31, 2026 | -54.84 Mn |
| Dec 31, 2025 | -59.05 Mn |
| Sep 30, 2025 | -52.46 Mn |
| Jun 30, 2025 | -56.53 Mn |
| Mar 31, 2025 | -62.99 Mn |
| Dec 31, 2024 | -62.85 Mn |
| Sep 30, 2024 | -76.24 Mn |
| Jun 30, 2024 | -69.52 Mn |
| Mar 31, 2024 | -69.73 Mn |
| Dec 31, 2023 | -67.94 Mn |
| Sep 30, 2023 | -69.56 Mn |
| Jun 30, 2023 | -64.74 Mn |
| Mar 31, 2023 | -70.81 Mn |
| Dec 31, 2022 | -69.13 Mn |
| Sep 30, 2022 | -64.96 Mn |
| Jun 30, 2022 | -71.40 Mn |
| Mar 31, 2022 | -71.54 Mn |
| Dec 31, 2021 | -69.49 Mn |
| Sep 30, 2021 | -60.61 Mn |
API Access
GDS Holdings Interest Expenses 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=interest-expenses&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();