GDS Holdings (GDS) Notes Payables (2015 - 2025)

GDS Holdings' Notes Payables history runs 11 years deep, the most recent figure standing at $58.0 million for Q4 2025.

• On a quarterly basis, Notes Payables fell 76.83% year-over-year to $58.0 million in Q4 2025; TTM through Dec 2025 was $58.0 million, a 76.83% decrease from a year earlier, with the FY2025 full-year figure at $57.2 million, down 77.13% from the prior year.
• Notes Payables fell to $58.0 million in Q4 2025 per GDS's latest filing, from $250.4 million in the prior quarter.
• Across five years, Notes Payables topped out at $725.7 million in Q4 2021 and bottomed at $58.0 million in Q4 2025.
• The 5-year median for Notes Payables is $232.3 million (2022), against an average of $265.0 million.
• Across the five-year window, Notes Payables soared 326.79% in 2024 and plunged 76.83% in 2025, its largest moves.
• Year by year, Notes Payables stood at $725.7 million in 2021, then slumped by 67.99% to $232.3 million in 2022, then sank by 74.75% to $58.7 million in 2023, then surged by 326.79% to $250.4 million in 2024, then sank by 76.83% to $58.0 million in 2025.
• Per Business Quant, the three latest GDS Notes Payables figures stand at $58.0 million (Q4 2025), $250.4 million (Q4 2024), and $58.7 million (Q4 2023).