GDS Holdings (GDS) Receivables (2015 - 2025)

GDS Holdings' Receivables history runs 11 years deep, the most recent figure standing at $387.2 million for Q4 2025.

• On a quarterly basis, Receivables fell 9.6% year-over-year to $387.2 million in Q4 2025; TTM through Dec 2025 was $387.2 million, a 9.6% decrease from a year earlier, with the FY2025 full-year figure at $382.1 million, down 99.91% from the prior year.
• Receivables fell to $387.2 million in Q4 2025 per GDS's latest filing, from $416.8 million in the prior quarter.
• Across five years, Receivables topped out at $445.3 million in Q1 2024 and bottomed at $271.0 million in Q4 2021.
• The 5-year median for Receivables is $346.7 million (2023), against an average of $353.4 million.
• Across the five-year window, Receivables soared 65.04% in 2021 and fell 9.6% in 2025, its largest moves.
• Year by year, Receivables stood at $271.0 million in 2021, then advanced by 24.98% to $338.7 million in 2022, then gained by 2.36% to $346.7 million in 2023, then rose by 23.53% to $428.3 million in 2024, then retreated by 9.6% to $387.2 million in 2025.
• Per Business Quant, the three latest GDS Receivables figures stand at $387.2 million (Q4 2025), $416.8 million (Q1 2025), and $428.3 million (Q4 2024).