GDS Holdings (GDS) Non-Current Debt (2015 - 2025)

GDS Holdings' Non-Current Debt history runs 11 years deep, the most recent figure standing at $3.3 billion for Q4 2025.

• On a quarterly basis, Non-Current Debt rose 8.01% year-over-year to $3.3 billion in Q4 2025; TTM through Dec 2025 was $3.3 billion, a 8.01% increase from a year earlier, with the FY2025 full-year figure at $3.3 billion, down 99.89% from the prior year.
• Non-Current Debt grew to $3.3 billion in Q4 2025 per GDS's latest filing, from $72.2 million in the prior quarter.
• Across five years, Non-Current Debt topped out at $3.7 billion in Q1 2024 and bottomed at $72.2 million in Q1 2025.
• The 5-year median for Non-Current Debt is $3.0 billion (2024), against an average of $2.7 billion.
• Across the five-year window, Non-Current Debt jumped 79.36% in 2021 and plunged 98.05% in 2025, its largest moves.
• Year by year, Non-Current Debt stood at $2.9 billion in 2021, then rose by 15.63% to $3.3 billion in 2022, then declined by 3.03% to $3.2 billion in 2023, then fell by 4.9% to $3.0 billion in 2024, then grew by 8.01% to $3.3 billion in 2025.
• Per Business Quant, the three latest GDS Non-Current Debt figures stand at $3.3 billion (Q4 2025), $72.2 million (Q1 2025), and $3.0 billion (Q4 2024).