GDS Holdings (GDS) Operating Leases (2018 - 2025)
GDS Holdings (GDS) posted quarterly Operating Leases of $169.7 million for Q4 2025, down 4.76% year-over-year from $178.2 million in Q4 2024, and down 3.62% quarter-over-quarter from $176.0 million in Q1 2025.
GDS Holdings (GDS) Operating Leases (2018 - 2025) Analysis & Trends
GDS Holdings' Operating Leases history runs 8 years deep, the most recent figure standing at $169.7 million for Q4 2025.
- In Q4 2025, Operating Leases fell 4.76% year-over-year to $169.7 million; the TTM figure through Dec 2025 stood at $169.7 million (down 4.76% YoY), while the FY2025 annual figure was $167.5 million, down 99.9% from the prior year.
- Operating Leases for Q4 2025 stood at $169.7 million, down from $176.0 million in the prior quarter.
- The five-year high for Operating Leases was $310.3 million in Q1 2022, with the low at $169.7 million in Q4 2025.
- The 5-year median for Operating Leases is $227.5 million (2022), against an average of $230.1 million.
- The sharpest annual moves came in 2021 and 2022: Operating Leases jumped 138.39% in 2021, then fell 22.78% in 2022.
- GDS Holdings' Operating Leases stood at $294.6 million in 2021, then slipped by 22.78% to $227.5 million in 2022, then retreated by 17.93% to $186.7 million in 2023, then fell by 4.58% to $178.2 million in 2024, then declined by 4.76% to $169.7 million in 2025.
- Business Quant data shows GDS's Operating Leases at $169.7 million in Q4 2025, $176.0 million in Q1 2025, and $178.2 million in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.06 Bn | 210.71 Bn | 9.91 Bn |
| 2 | Accenture | 112.92 Bn | 102.75 Bn | 6.13 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn |
| 4 | Cgi | 32.96 Bn | 32.50 Bn | - |
| 5 | Cognizant Technology Solutions | 28.85 Bn | 27.80 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.33 Bn | 20.58 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 20.96 Bn | 20.55 Bn | 853.00 Mn |
| 8 | Wipro | 19.61 Bn | 18.54 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.84 Bn | 17.09 Bn | 817.00 Mn |
| 10 | GDS Holdings | 6.38 Bn | 4.18 Bn | 97.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 169.68 Mn |
| Mar 31, 2025 | 176.05 Mn |
| Dec 31, 2024 | 178.16 Mn |
| Mar 31, 2024 | 190.08 Mn |
| Dec 31, 2023 | 186.70 Mn |
| Dec 31, 2022 | 227.50 Mn |
| Mar 31, 2022 | 310.28 Mn |
| Dec 31, 2021 | 294.61 Mn |
| Sep 30, 2021 | 270.46 Mn |
| Jun 30, 2021 | 275.43 Mn |
| Mar 31, 2021 | 251.86 Mn |
| Dec 31, 2020 | 232.81 Mn |
| Sep 30, 2020 | 187.47 Mn |
| Jun 30, 2020 | 161.62 Mn |
| Mar 31, 2020 | 105.65 Mn |
| Dec 31, 2019 | 100.74 Mn |
| Sep 30, 2019 | 53.13 Mn |
| Jun 30, 2019 | 57.15 Mn |
| Mar 31, 2019 | 59.96 Mn |
| Dec 31, 2018 | 60.25 Mn |