GDS Holdings (GDS) Non Operating Interest Expenses (2015 - 2026)
GDS Holdings (GDS) posted Non Operating Interest Expenses of -$54.1 million for Q2 2026, up 1.82% on a QoQ basis from -$55.1 million in Q1 2026, and up 4.37% year-over-year from -$51.8 million in Q2 2025.
Analysis
GDS Holdings (GDS) Non Operating Interest Expenses (2015 - 2026) Analysis & Trends
GDS Holdings has reported Non Operating Interest Expenses for 12 years, with the latest figure at -$54.1 million in Q2 2026.
- On a quarterly basis, Non Operating Interest Expenses rose 4.37% year-over-year to -$54.1 million in Q2 2026; TTM through Jun 2026 was -$220.9 million, a 14.58% increase from a year earlier, with the FY2025 full-year figure at -$233.8 million, up 11.85% from the prior year.
- Non Operating Interest Expenses was -$54.1 million for Q2 2026 at GDS Holdings, up from -$55.1 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was -$52.7 million in Q3 2025, with the low at -$76.2 million in Q3 2024.
- Average Non Operating Interest Expenses over 5 years is -$64.7 million, with a median of -$66.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Non Operating Interest Expenses slumped 31.04% in 2022, then soared 30.82% in 2025.
- Over 5 years, Non Operating 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 gained by 8.44% to -$54.1 million in 2026.
- The last three Non Operating Interest Expenses figures came in at -$54.1 million (Q2 2026), -$55.1 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) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn | 151.00 Mn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn | 56.39 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn | 10.63 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn | 66.74 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn | -54.06 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn | -30.14 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn | 10.80 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn | 4.58 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -54.06 Mn |
| Mar 31, 2026 | -55.07 Mn |
| Dec 31, 2025 | -59.05 Mn |
| Sep 30, 2025 | -52.74 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 | -68.96 Mn |
| Jun 30, 2023 | -64.74 Mn |
| Mar 31, 2023 | -70.54 Mn |
| Dec 31, 2022 | -69.13 Mn |
| Sep 30, 2022 | -62.46 Mn |
| Jun 30, 2022 | -70.29 Mn |
| Mar 31, 2022 | -71.54 Mn |
| Dec 31, 2021 | -69.49 Mn |
| Sep 30, 2021 | -60.85 Mn |