GDS Holdings (GDS) Receivables - Net (2015 - 2026)
GDS Holdings (GDS) posted Receivables - Net of $420.2 million for Q2 2026, down 1.98% on a QoQ basis from $428.7 million in Q1 2026, and up 2.4% year-over-year from $410.4 million in Q2 2025.
Analysis
GDS Holdings (GDS) Receivables - Net (2015 - 2026) Analysis & Trends
GDS Holdings has reported Receivables - Net for 12 years, with the latest figure at $420.2 million in Q2 2026.
- On a quarterly basis, Receivables - Net rose 2.4% year-over-year to $420.2 million in Q2 2026; TTM through Jun 2026 was $420.2 million, a 2.4% increase from a year earlier, with the FY2025 full-year figure at $352.8 million, down 14.78% from the prior year.
- Receivables - Net was $420.2 million for Q2 2026 at GDS Holdings, down from $428.7 million in the prior quarter.
- The five-year high for Receivables - Net was $535.2 million in Q3 2024, with the low at $341.2 million in Q4 2022.
- Average Receivables - Net over 5 years is $409.6 million, with a median of $407.6 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Receivables - Net jumped 35.42% in 2024, then dropped 24.73% in 2025.
- Over 5 years, Receivables - Net stood at $341.2 million in 2022, then gained by 3.07% to $351.7 million in 2023, then grew by 20.66% to $424.4 million in 2024, then retreated by 18.02% to $347.9 million in 2025, then advanced by 20.8% to $420.2 million in 2026.
- The last three Receivables - Net figures came in at $420.2 million (Q2 2026), $428.7 million (Q1 2026), and $347.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 420.25 Mn |
| Mar 31, 2026 | 428.74 Mn |
| Dec 31, 2025 | 347.88 Mn |
| Sep 30, 2025 | 402.90 Mn |
| Jun 30, 2025 | 410.38 Mn |
| Mar 31, 2025 | 417.49 Mn |
| Dec 31, 2024 | 424.35 Mn |
| Sep 30, 2024 | 535.25 Mn |
| Jun 30, 2024 | 467.00 Mn |
| Mar 31, 2024 | 445.30 Mn |
| Dec 31, 2023 | 351.70 Mn |
| Sep 30, 2023 | 395.24 Mn |
| Jun 30, 2023 | 404.80 Mn |
| Mar 31, 2023 | 444.40 Mn |
| Dec 31, 2022 | 341.21 Mn |
| Sep 30, 2022 | 372.38 Mn |
| Jun 30, 2022 | 399.10 Mn |
| Mar 31, 2022 | 364.88 Mn |
| Dec 31, 2021 | 272.91 Mn |
| Sep 30, 2021 | 288.70 Mn |