GDS Holdings GDS
NASDAQ GDS
$32.40 +0.40 (+1.25%)
As of: Sep 9, 2026 · 3:59 PM EDT

GDS Holdings (GDS) Revenue (2014 - 2026)

GDS Holdings (GDS) posted Revenue of $455.1 million for Q2 2026, down 6.76% on a QoQ basis from $488.1 million in Q1 2026, and up 12.41% year-over-year from $404.9 million in Q2 2025.

Analysis

GDS Holdings (GDS) Revenue (2014 - 2026) Analysis & Trends

GDS Holdings has reported Revenue for 13 years, with the latest figure at $455.1 million in Q2 2026.

  • On a quarterly basis, Revenue rose 12.41% year-over-year to $455.1 million in Q2 2026; TTM through Jun 2026 was $1.8 billion, a 12.42% increase from a year earlier, with the FY2025 full-year figure at $1.6 billion, up 14.93% from the prior year.
  • Revenue was $455.1 million for Q2 2026 at GDS Holdings, down from $488.1 million in the prior quarter.
  • The five-year high for Revenue was $488.1 million in Q1 2026, with the low at $332.8 million in Q3 2022.
  • Average Revenue over 5 years is $381.6 million, with a median of $366.3 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2025: Revenue surged 35.92% in 2022, then decreased 4.04% in 2025.
  • Over 5 years, Revenue stood at $348.6 million in 2022, then advanced by 3.31% to $360.1 million in 2023, then increased by 2.37% to $368.6 million in 2024, then rose by 13.34% to $417.8 million in 2025, then climbed by 8.93% to $455.1 million in 2026.
  • The last three Revenue figures came in at $455.1 million (Q2 2026), $488.1 million (Q1 2026), and $417.8 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Equinix 102.92 Bn 100.69 Bn 1.40 Bn 2.63 Bn
2 Terawulf 8.33 Bn 5.57 Bn 32.37 Mn 44.77 Mn
3 Applied Digital 7.46 Bn 3.49 Bn 97.29 Mn 258.75 Mn
4 Cipher Digital 6.94 Bn 2.92 Bn 9.79 Mn 24.84 Mn
5 GDS Holdings 6.17 Bn 3.98 Bn 97.89 Mn 455.11 Mn
6 Core Scientific 5.88 Bn 3.94 Bn 70.04 Mn 164.20 Mn
7 Vnet 1.75 Bn 757.22 Mn 74.45 Mn 409.54 Mn
8 Sify Technologies 1.55 Bn 1.55 Bn 51.65 Mn 130.47 Mn
9 WhiteFiber 745.81 Mn 685.44 Mn 18.88 Mn 28.84 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn 3.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 455.11 Mn
Mar 31, 2026 488.13 Mn
Dec 31, 2025 417.80 Mn
Sep 30, 2025 405.55 Mn
Jun 30, 2025 404.87 Mn
Mar 31, 2025 375.26 Mn
Dec 31, 2024 368.62 Mn
Sep 30, 2024 422.61 Mn
Jun 30, 2024 388.92 Mn
Mar 31, 2024 363.89 Mn
Dec 31, 2023 360.07 Mn
Sep 30, 2023 345.26 Mn
Jun 30, 2023 340.91 Mn
Mar 31, 2023 350.77 Mn
Dec 31, 2022 348.55 Mn
Sep 30, 2022 332.83 Mn
Jun 30, 2022 344.94 Mn
Mar 31, 2022 353.92 Mn
Dec 31, 2021 342.13 Mn
Sep 30, 2021 319.93 Mn