GDS Holdings (GDS) Retained Earnings (2015 - 2026)
GDS Holdings (GDS) posted Retained Earnings of -$237.4 million for Q2 2026, up 33.05% on a QoQ basis from -$354.6 million in Q1 2026, and up 68.23% year-over-year from -$141.1 million in Q2 2025.
Analysis
GDS Holdings (GDS) Retained Earnings (2015 - 2026) Analysis & Trends
GDS Holdings has reported Retained Earnings for 12 years, with the latest figure at -$237.4 million in Q2 2026.
- On a quarterly basis, Retained Earnings rose 68.23% year-over-year to -$237.4 million in Q2 2026; TTM through Jun 2026 was -$237.4 million, a 68.23% increase from a year earlier, with the FY2025 full-year figure at -$728.5 million, up 12.02% from the prior year.
- Retained Earnings was -$237.4 million for Q2 2026 at GDS Holdings, up from -$354.6 million in the prior quarter.
- The five-year high for Retained Earnings was -$237.4 million in Q2 2026, with the low at -$1.5 billion in Q3 2024.
- Average Retained Earnings over 5 years is -$838.5 million, with a median of -$737.8 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2026: Retained Earnings sank 80.59% in 2023, then jumped 68.23% in 2026.
- Over 5 years, Retained Earnings stood at -$728.3 million in 2022, then tumbled by 80.59% to -$1.3 billion in 2023, then surged by 36.02% to -$841.5 million in 2024, then increased by 14.64% to -$718.3 million in 2025, then jumped by 66.95% to -$237.4 million in 2026.
- The last three Retained Earnings figures came in at -$237.4 million (Q2 2026), -$354.6 million (Q1 2026), and -$718.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Retained Earnings (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 7.00 Bn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 2.66 Bn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | 1.95 Bn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | 2.43 Bn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | -237.40 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -5.65 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 2.60 Bn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -51.56 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -398.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -237.40 Mn |
| Mar 31, 2026 | -354.60 Mn |
| Dec 31, 2025 | -718.32 Mn |
| Sep 30, 2025 | -650.05 Mn |
| Jun 30, 2025 | -747.34 Mn |
| Mar 31, 2025 | -727.79 Mn |
| Dec 31, 2024 | -841.47 Mn |
| Sep 30, 2024 | -1.46 Bn |
| Jun 30, 2024 | -1.38 Bn |
| Mar 31, 2024 | -1.36 Bn |
| Dec 31, 2023 | -1.32 Bn |
| Sep 30, 2023 | -864.01 Mn |
| Jun 30, 2023 | -811.25 Mn |
| Mar 31, 2023 | -823.58 Mn |
| Dec 31, 2022 | -728.29 Mn |
| Sep 30, 2022 | -702.74 Mn |
| Jun 30, 2022 | -695.56 Mn |
| Mar 31, 2022 | -675.72 Mn |
| Dec 31, 2021 | -611.69 Mn |
| Sep 30, 2021 | -557.92 Mn |