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.

• In Q4 2025, Receivables fell 9.6% year-over-year to $387.2 million; the TTM figure through Dec 2025 stood at $387.2 million (down 9.6% YoY), while the FY2025 annual figure was $382.1 million, down 99.91% from the prior year.
• Receivables was $387.2 million for Q4 2025 at GDS Holdings, down from $416.8 million in the prior quarter.
• In the past five years, Receivables ranged from a high of $445.3 million in Q1 2024 to a low of $271.0 million in Q4 2021.
• Historically, Receivables has averaged $354.0 million across 5 years, with a median of $352.1 million in 2023.
• The sharpest annual moves came in 2021 and 2025: Receivables soared 65.17% in 2021, then dropped 9.6% in 2025.
• A 5-year view of Receivables shows it stood at $271.0 million in 2021, then advanced by 24.98% to $338.7 million in 2022, then increased by 3.96% to $352.1 million in 2023, then grew by 21.62% to $428.3 million in 2024, then retreated by 9.6% to $387.2 million in 2025.
• The last three Receivables figures came in at $387.2 million (Q4 2025), $416.8 million (Q1 2025), and $428.3 million (Q4 2024), per Business Quant data.