GDS Holdings (GDS) Research & Development (2015 - 2026)

GDS Holdings' (GDS) quarterly Research & Development came in at -$1.4 million in Q1 2026, down 27.51% year-on-year from -$1.9 million in Q1 2025, and down 25.32% quarter-over-quarter from -$1.1 million in Q4 2025.

GDS Holdings (GDS) Research & Development (2015 - 2026) Analysis & Trends

GDS Holdings' Research & Development history runs 12 years deep, the most recent figure standing at -$1.4 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 27.51% year-over-year to -$1.4 million in Q1 2026; TTM through Mar 2026 was -$4.9 million, a 2.71% decrease from a year earlier, with the FY2025 full-year figure at -$4.7 million, up 6.57% from the prior year.
  • Research & Development fell to -$1.4 million in Q1 2026 per GDS's latest filing, from -$1.1 million in the prior quarter.
  • Across five years, Research & Development topped out at -$696000.0 in Q2 2023 and bottomed at -$1.8 million in Q4 2023.
  • The 5-year median for Research & Development is -$1.4 million (2024), against an average of -$1.3 million.
  • Across the five-year window, Research & Development jumped 50.25% in 2023 and plunged 115.23% in 2024, its largest moves.
  • Year by year, Research & Development stood at -$1.4 million in 2022, then dropped by 24.52% to -$1.8 million in 2023, then surged by 47.86% to -$940000.0 in 2024, then fell by 17.66% to -$1.1 million in 2025, then retreated by 25.32% to -$1.4 million in 2026.
  • Per Business Quant, the three latest GDS Research & Development figures stand at -$1.4 million (Q1 2026), -$1.1 million (Q4 2025), and -$1.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 2.31 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 1.81 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -1.39 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 270.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn -
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn -
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -174.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn -
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.39 Mn
Dec 31, 2025 -1.11 Mn
Sep 30, 2025 -1.16 Mn
Jun 30, 2025 -1.23 Mn
Mar 31, 2025 -1.09 Mn
Dec 31, 2024 -940,000.00
Sep 30, 2024 -1.23 Mn
Jun 30, 2024 -1.50 Mn
Mar 31, 2024 -1.38 Mn
Dec 31, 2023 -1.80 Mn
Sep 30, 2023 -1.44 Mn
Jun 30, 2023 -696,000.00
Mar 31, 2023 -1.43 Mn
Dec 31, 2022 -1.45 Mn
Sep 30, 2022 -939,000.00
Jun 30, 2022 -1.40 Mn
Mar 31, 2022 -1.54 Mn
Dec 31, 2021 -1.95 Mn
Sep 30, 2021 -1.40 Mn
Jun 30, 2021 -1.33 Mn