GDS Holdings (GDS) Operating Income (2015 - 2026)
GDS Holdings' Operating Income was $64.73 million in the quarter ended Jun 30, 2026, up 12.9% from $57.32 million a year earlier but down 50.8% from the prior quarter.
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Analysis
GDS Holdings (GDS) Operating Income (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, GDS Holdings' Operating Income was $150.48 million through Jun 30, 2026, down 22.6% year-over-year; for the year ended Dec 31, 2025, it came in at -$7.76 million.
- In earlier years, Operating Income was $160.32 million in the year ended Dec 31, 2024, -$346.3 million in the year ended Dec 31, 2023, $80 million in the year ended Dec 31, 2022 (-10.5%) and $89.37 million in the year ended Dec 31, 2021 (-13.3%).
- Quarterly Operating Income has moved between -$413.84 million (the quarter ended Dec 31, 2023) and $131.63 million (the quarter ended Mar 31, 2026) over five years.
- The best year-over-year quarter for Operating Income over five years was the quarter ended Sep 30, 2024 (growth of 312.6%); the worst was the quarter ended Sep 30, 2023 (a decline of 46.5%).
- Per Business Quant data, GDS's Operating Income in the three quarters before the quarter ended Jun 30, 2026 was $131.63 million (quarter ended Mar 31, 2026), -$168.9 million (quarter ended Dec 31, 2025) and $123.03 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 40.60 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 2.62 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | -205.70 Mn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 665.00 Mn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | -175.90 Mn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | -49.00 Mn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 296.30 Mn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | 69.99 Mn |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 342.50 Mn |
| 10 | GDS Holdings | 4.27 Bn | -4.01 Bn | 97.55 Mn | 64.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.50 Mn |
| Mar 31, 2026 | 131.08 Mn |
| Dec 31, 2025 | -168.90 Mn |
| Sep 30, 2025 | 122.37 Mn |
| Jun 30, 2025 | 57.32 Mn |
| Mar 31, 2025 | 50.24 Mn |
| Dec 31, 2024 | 41.33 Mn |
| Sep 30, 2024 | 44.68 Mn |
| Jun 30, 2024 | 43.60 Mn |
| Mar 31, 2024 | 30.66 Mn |
| Dec 31, 2023 | -408.08 Mn |
| Sep 30, 2023 | 11.15 Mn |
| Jun 30, 2023 | 34.87 Mn |
| Mar 31, 2023 | 22.59 Mn |
| Dec 31, 2022 | 19.16 Mn |
| Sep 30, 2022 | 21.49 Mn |
| Jun 30, 2022 | 20.19 Mn |
| Mar 31, 2022 | 21.33 Mn |
| Dec 31, 2021 | 23.78 Mn |
| Sep 30, 2021 | 23.16 Mn |
API Access
GDS Holdings Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();