GDS Holdings (GDS) Operating Income (2015 - 2026)

GDS Holdings' (GDS) quarterly Operating Income came in at $131.6 million in Q1 2026, up 161.98% year-on-year from $50.2 million in Q1 2025, and up 177.93% quarter-over-quarter from -$168.9 million in Q4 2025.

GDS Holdings (GDS) Operating Income (2015 - 2026) Analysis & Trends

GDS Holdings' Operating Income history runs 12 years deep, the most recent figure standing at $131.6 million for Q1 2026.

  • On a quarterly basis, Operating Income rose 161.98% year-over-year to $131.6 million in Q1 2026; TTM through Mar 2026 was $214.2 million, a 18.59% increase from a year earlier, with the FY2025 full-year figure at -$7.8 million, down 104.84% from the prior year.
  • Operating Income advanced to $131.6 million in Q1 2026 per GDS's latest filing, from -$168.9 million in the prior quarter.
  • Across five years, Operating Income topped out at $131.6 million in Q1 2026 and bottomed at -$413.8 million in Q4 2023.
  • The 5-year median for Operating Income is $30.4 million (2024), against an average of $9.4 million.
  • Across the five-year window, Operating Income sank 2194.42% in 2023 and surged 312.63% in 2024, its largest moves.
  • Year by year, Operating Income stood at $19.8 million in 2022, then sank by 2194.42% to -$413.8 million in 2023, then surged by 109.99% to $41.3 million in 2024, then tumbled by 508.67% to -$168.9 million in 2025, then soared by 177.93% to $131.6 million in 2026.
  • Per Business Quant, the three latest GDS Operating Income figures stand at $131.6 million (Q1 2026), -$168.9 million (Q4 2025), and $123.0 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.62 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 3.18 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 131.63 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 1.07 Bn
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 423.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 843.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 414.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 359.50 Mn
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 376.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 131.63 Mn
Dec 31, 2025 -168.90 Mn
Sep 30, 2025 123.03 Mn
Jun 30, 2025 128.48 Mn
Mar 31, 2025 50.24 Mn
Dec 31, 2024 41.33 Mn
Sep 30, 2024 45.64 Mn
Jun 30, 2024 43.43 Mn
Mar 31, 2024 30.36 Mn
Dec 31, 2023 -413.84 Mn
Sep 30, 2023 11.06 Mn
Jun 30, 2023 33.68 Mn
Mar 31, 2023 22.51 Mn
Dec 31, 2022 19.76 Mn
Sep 30, 2022 20.66 Mn
Jun 30, 2022 19.88 Mn
Mar 31, 2022 21.36 Mn
Dec 31, 2021 23.85 Mn
Sep 30, 2021 23.26 Mn
Jun 30, 2021 22.75 Mn