GDS Holdings (GDS) Net Income (2015 - 2026)

GDS Holdings' (GDS) quarterly Net Income came in at $384.5 million in Q1 2026, up 265.16% year-on-year from $105.3 million in Q1 2025, and up 681.01% quarter-over-quarter from -$66.2 million in Q4 2025.

GDS Holdings (GDS) Net Income (2015 - 2026) Analysis & Trends

GDS Holdings' Net Income history runs 12 years deep, the most recent figure standing at $384.5 million for Q1 2026.

  • On a quarterly basis, Net Income rose 265.16% year-over-year to $384.5 million in Q1 2026; TTM through Mar 2026 was $410.8 million, a 31.96% decrease from a year earlier, with the FY2025 full-year figure at $137.2 million, down 69.69% from the prior year.
  • Net Income improved to $384.5 million in Q1 2026 per GDS's latest filing, from -$66.2 million in the prior quarter.
  • Across five years, Net Income topped out at $563.3 million in Q4 2024 and bottomed at -$445.7 million in Q4 2023.
  • The 5-year median for Net Income is -$32.9 million (2024), against an average of $10.3 million.
  • Across the five-year window, Net Income plunged 1627.98% in 2023 and jumped 410.8% in 2025, its largest moves.
  • Year by year, Net Income stood at -$25.8 million in 2022, then plunged by 1627.98% to -$445.7 million in 2023, then jumped by 226.37% to $563.3 million in 2024, then slumped by 111.75% to -$66.2 million in 2025, then soared by 681.01% to $384.5 million in 2026.
  • Per Business Quant, the three latest GDS Net Income figures stand at $384.5 million (Q1 2026), -$66.2 million (Q4 2025), and $102.4 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn -1.00 Mn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 2.39 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 384.48 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 820.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 324.29 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 153.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 659.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 561.15 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 276.30 Mn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 235.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 384.48 Mn
Dec 31, 2025 -66.17 Mn
Sep 30, 2025 102.35 Mn
Jun 30, 2025 -9.85 Mn
Mar 31, 2025 105.29 Mn
Dec 31, 2024 563.29 Mn
Sep 30, 2024 -32.93 Mn
Jun 30, 2024 -31.89 Mn
Mar 31, 2024 -47.77 Mn
Dec 31, 2023 -445.73 Mn
Sep 30, 2023 -57.68 Mn
Jun 30, 2023 -31.07 Mn
Mar 31, 2023 -69.11 Mn
Dec 31, 2022 -25.80 Mn
Sep 30, 2022 -47.75 Mn
Jun 30, 2022 -56.03 Mn
Mar 31, 2022 -58.81 Mn
Dec 31, 2021 -49.10 Mn
Sep 30, 2021 -46.73 Mn
Jun 30, 2021 -46.23 Mn