GDS Holdings (GDS) Tax Rate (2016 - 2026)

GDS Holdings' (GDS) quarterly Tax Rate came in at 8.48% in Q1 2026, up 1167.0% year-on-year from 0.67% in Q1 2025, and down 708.12% quarter-over-quarter from 1.39% in Q4 2025.

GDS Holdings (GDS) Tax Rate (2016 - 2026) Analysis & Trends

GDS Holdings' Tax Rate history runs 11 years deep, the most recent figure standing at 8.48% for Q1 2026.

  • On a quarterly basis, Tax Rate rose 1167.0% year-over-year to 8.48% in Q1 2026; TTM through Mar 2026 was 37.66%, a 2786.0% increase from a year earlier, with the FY2025 full-year figure at 65.87%, down 9110.0% from the prior year.
  • Tax Rate eased to 8.48% in Q1 2026 per GDS's latest filing, from 1.39% in the prior quarter.
  • Across five years, Tax Rate topped out at 78.14% in Q4 2022 and bottomed at 320.61% in Q2 2025.
  • The 5-year median for Tax Rate is 12.63% (2023), against an average of 4.37%.
  • Across the five-year window, Tax Rate soared 5326 bps in 2022 and sank 35544 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 78.14% in 2022, then sank by 108 bps to 6.56% in 2023, then surged by 474 bps to 24.52% in 2024, then slumped by 94 bps to 1.39% in 2025, then tumbled by 708 bps to 8.48% in 2026.
  • Per Business Quant, the three latest GDS Tax Rate figures stand at 8.48% (Q1 2026), 1.39% (Q4 2025), and 13.26% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 12.63%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 24.19%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -8.48%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 29.49%
5 Cgi 41.25 Bn 40.60 Bn - 28.00%
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 40.93%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 23.99%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -22.49%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 18.88%
10 Cdw 16.66 Bn 16.08 Bn 1.19 Bn 26.21%

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.48%
Mar 31, 2026 -8.48%
Mar 31, 2026 -8.48%
Dec 31, 2025 1.39%
Dec 31, 2025 1.39%
Dec 31, 2025 1.39%
Sep 30, 2025 -13.26%
Sep 30, 2025 -13.26%
Sep 30, 2025 -13.26%
Jun 30, 2025 -320.61%
Jun 30, 2025 -320.61%
Jun 30, 2025 -320.61%
Mar 31, 2025 -20.14%
Mar 31, 2025 -20.14%
Mar 31, 2025 -20.14%
Dec 31, 2024 24.52%
Dec 31, 2024 24.52%
Dec 31, 2024 24.52%
Sep 30, 2024 -4.15%
Sep 30, 2024 -4.15%