GDS Holdings (GDS) Tax Rate (2015 - 2026)
GDS Holdings (GDS) recorded quarterly Tax Rate of 8.48% in Q1 2026, down 379.71% quarter-over-quarter from 3.03% in Q4 2025, and up 1537.0% on a YoY basis from 0.52% in Q1 2025.
GDS Holdings (GDS) Tax Rate (2015 - 2026) Analysis & Trends
GDS Holdings' Tax Rate history runs 12 years deep, the most recent figure standing at 8.48% for Q1 2026.
- In Q1 2026, Tax Rate rose 1537.0% year-over-year to 8.48%; the TTM figure through Mar 2026 stood at 12.26% (up 2155.0% YoY), while the FY2025 annual figure was 67.69%, down 9322.0% from the prior year.
- Tax Rate was 8.48% for Q1 2026 at GDS Holdings, down from 3.03% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 78.14% in Q4 2022 to a low of 23.85% in Q1 2025.
- Historically, Tax Rate has averaged 13.99% across 5 years, with a median of 12.63% in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Rate jumped 5326 bps in 2022, then plunged 8477 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 78.14% in 2022, then tumbled by 108 bps to 6.63% in 2023, then jumped by 470 bps to 24.52% in 2024, then plunged by 88 bps to 3.03% in 2025, then tumbled by 380 bps to 8.48% in 2026.
- The last three Tax Rate figures came in at 8.48% (Q1 2026), 3.03% (Q4 2025), and 14.53% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 21.23% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 12.40% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 24.31% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 23.99% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 40.93% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 18.88% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 26.21% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 21.91% |
| 10 | GDS Holdings | 7.63 Bn | 5.48 Bn | 164.04 Mn | -8.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.48% |
| Mar 31, 2026 | -8.48% |
| Dec 31, 2025 | 3.03% |
| Dec 31, 2025 | 3.03% |
| Sep 30, 2025 | -14.53% |
| Sep 30, 2025 | -14.53% |
| Jun 30, 2025 | -4.86% |
| Jun 30, 2025 | -4.86% |
| Mar 31, 2025 | -23.85% |
| Mar 31, 2025 | -23.85% |
| Dec 31, 2024 | 24.52% |
| Dec 31, 2024 | 24.52% |
| Sep 30, 2024 | -4.15% |
| Sep 30, 2024 | -4.15% |
| Jun 30, 2024 | 34.83% |
| Jun 30, 2024 | 34.83% |
| Mar 31, 2024 | 22.08% |
| Mar 31, 2024 | 22.08% |
| Dec 31, 2023 | -6.63% |
| Dec 31, 2023 | -6.63% |