GDS Holdings GDS
NASDAQ GDS
$32.80 -0.05 (-0.15%)
As of: Aug 21, 2026 · 1:51 PM EDT

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
DateValue
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