GDS Holdings (GDS) Research & Development (2015 - 2026)
GDS Holdings (GDS) recorded Research & Development of -$1.04 million in the quarter ended Jun 30, 2026, compared with -$1.23 million a year earlier.
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Analysis
GDS Holdings (GDS) Research & Development (2015 - 2026) Analysis & Trends
On a TTM basis, GDS Holdings' Research & Development came in at -$4.69 million as of Jun 30, 2026; for the year ended Dec 31, 2025, it was -$4.68 million.
- Across earlier years, Research & Development came in at -$5.01 million in the year ended Dec 31, 2024, -$5.38 million in the year ended Dec 31, 2023, -$5.19 million in the year ended Dec 31, 2022 and -$6.17 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Research & Development since the quarter ended Dec 31, 2024.
- Per Business Quant, the preceding three quarters came in at -$1.39 million (quarter ended Mar 31, 2026), -$1.11 million (quarter ended Dec 31, 2025) and -$1.16 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,949.85 Bn | 3,873.01 Bn | 60.48 Bn | 10.00 Bn |
| 2 | International Business Machines | 228.00 Bn | 178.81 Bn | 9.91 Bn | 2.31 Bn |
| 3 | Cloudflare | 103.51 Bn | 87.04 Bn | 499.52 Mn | 159.49 Mn |
| 4 | Equinix | 97.35 Bn | 85.92 Bn | 1.40 Bn | - |
| 5 | Nebius | 41.52 Bn | 14.95 Bn | 448.70 Mn | 191.00 Mn |
| 6 | CoreWeave | 34.23 Bn | 21.32 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.83 Bn | 25.04 Bn | 384.60 Mn | 27.50 Mn |
| 8 | Nutanix | 18.34 Bn | 10.03 Bn | 651.35 Mn | 205.05 Mn |
| 9 | GoDaddy | 14.21 Bn | 9.79 Bn | 828.20 Mn | - |
| 10 | GDS Holdings | 4.44 Bn | -3.84 Bn | 97.55 Mn | -1.04 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.04 Mn |
| Mar 31, 2026 | -1.38 Mn |
| Dec 31, 2025 | -1.09 Mn |
| Sep 30, 2025 | -1.15 Mn |
| Jun 30, 2025 | -1.22 Mn |
| Mar 31, 2025 | -1.09 Mn |
| Dec 31, 2024 | -955,298.27 |
| Sep 30, 2024 | -1.20 Mn |
| Jun 30, 2024 | -1.50 Mn |
| Mar 31, 2024 | -1.40 Mn |
| Dec 31, 2023 | -1.78 Mn |
| Sep 30, 2023 | -1.46 Mn |
| Jun 30, 2023 | -720,300.90 |
| Mar 31, 2023 | -1.43 Mn |
| Dec 31, 2022 | -1.40 Mn |
| Sep 30, 2022 | -976,914.25 |
| Jun 30, 2022 | -1.42 Mn |
| Mar 31, 2022 | -1.54 Mn |
| Dec 31, 2021 | -1.94 Mn |
| Sep 30, 2021 | -1.39 Mn |
API Access
GDS Holdings Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();