GDS Holdings GDS
NASDAQ GDS
$32.40 +0.40 (+1.25%)
As of: Sep 9, 2026 · 3:59 PM EDT

GDS Holdings (GDS) Non-Current Debt (2015 - 2026)

GDS Holdings (GDS) posted Non-Current Debt of $3.5 billion for Q2 2026, up 5.28% on a QoQ basis from $3.4 billion in Q1 2026, and up 13.63% year-over-year from $3.1 billion in Q2 2025.

Analysis

GDS Holdings (GDS) Non-Current Debt (2015 - 2026) Analysis & Trends

GDS Holdings has reported Non-Current Debt for 12 years, with the latest figure at $3.5 billion in Q2 2026.

  • On a quarterly basis, Non-Current Debt rose 13.63% year-over-year to $3.5 billion in Q2 2026; TTM through Jun 2026 was $3.5 billion, a 13.63% increase from a year earlier, with the FY2025 full-year figure at $3.3 billion, up 11.32% from the prior year.
  • Non-Current Debt was $3.5 billion for Q2 2026 at GDS Holdings, up from $3.4 billion in the prior quarter.
  • The five-year high for Non-Current Debt was $3.8 billion in Q3 2024, with the low at $3.0 billion in Q1 2025.
  • Average Non-Current Debt over 5 years is $3.3 billion, with a median of $3.3 billion recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Non-Current Debt soared 72.5% in 2022, then retreated 19.23% in 2025.
  • Over 5 years, Non-Current Debt stood at $3.3 billion in 2022, then fell by 3.03% to $3.2 billion in 2023, then retreated by 4.9% to $3.0 billion in 2024, then increased by 8.01% to $3.3 billion in 2025, then advanced by 7.49% to $3.5 billion in 2026.
  • The last three Non-Current Debt figures came in at $3.5 billion (Q2 2026), $3.4 billion (Q1 2026), and $3.3 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Equinix 102.22 Bn 100.02 Bn 1.40 Bn 18.52 Bn
2 Terawulf 8.24 Bn 5.48 Bn 32.37 Mn 3.11 Bn
3 Applied Digital 7.59 Bn 5.57 Bn 97.29 Mn 4.96 Bn
4 Cipher Digital 7.35 Bn 3.35 Bn 9.79 Mn 5.45 Bn
5 GDS Holdings 6.47 Bn 4.41 Bn 97.89 Mn 3.54 Bn
6 Core Scientific 5.72 Bn 3.78 Bn 70.04 Mn 4.30 Bn
7 Vnet 1.71 Bn 828.02 Mn 74.45 Mn 2.12 Bn
8 Sify Technologies 1.56 Bn 1.56 Bn 51.65 Mn 414.39 Mn
9 WhiteFiber 758.96 Mn 698.59 Mn 18.88 Mn 6.28 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn 39.48 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 3.54 Bn
Mar 31, 2026 3.36 Bn
Dec 31, 2025 3.29 Bn
Sep 30, 2025 3.22 Bn
Jun 30, 2025 3.12 Bn
Mar 31, 2025 3.00 Bn
Dec 31, 2024 3.05 Bn
Sep 30, 2024 3.79 Bn
Jun 30, 2024 3.68 Bn
Mar 31, 2024 3.71 Bn
Dec 31, 2023 3.21 Bn
Sep 30, 2023 3.65 Bn
Jun 30, 2023 3.28 Bn
Mar 31, 2023 3.43 Bn
Dec 31, 2022 3.31 Bn
Sep 30, 2022 3.18 Bn
Jun 30, 2022 3.24 Bn
Mar 31, 2022 3.09 Bn
Dec 31, 2021 2.86 Bn
Sep 30, 2021 2.55 Bn