GDS Holdings (GDS) Tax Rate (2015 - 2026)
GDS Holdings (GDS) posted Tax Rate of 26.59% for Q2 2026, down 213.67% on a QoQ basis from 8.48% in Q1 2026, and up 29402.0% year-over-year from N/an in Q2 2025.
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Analysis
GDS Holdings (GDS) Tax Rate (2015 - 2026) Analysis & Trends
GDS Holdings has reported Tax Rate for 12 years, with the latest figure at 26.59% in Q2 2026.
- On a quarterly basis, Tax Rate rose 29402.0% year-over-year to 26.59% in Q2 2026; TTM through Jun 2026 was 29.48%, a 1681.0% increase from a year earlier, with the FY2025 full-year figure at 65.87%, down 9125.0% from the prior year.
- Tax Rate was 26.59% for Q2 2026 at GDS Holdings, down from 8.48% in the prior quarter.
- The five-year high for Tax Rate was 78.14% in Q4 2022, with the low at 320.61% in Q2 2025.
- Average Tax Rate over 5 years is 5.62%, with a median of 8.93% recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Tax Rate plunged 35544 bps in 2025, then soared 29402 bps in 2026.
- Over 5 years, Tax Rate stood at 78.14% in 2022, then slumped by 108 bps to 6.63% in 2023, then surged by 470 bps to 24.52% in 2024, then tumbled by 94 bps to 1.39% in 2025, then sank by 2008 bps to 26.59% in 2026.
- The last three Tax Rate figures came in at 26.59% (Q2 2026), 8.48% (Q1 2026), and 1.39% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | 8.80% |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | 0.00% |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | -2.22% |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | -0.14% |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | -26.59% |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | -0.17% |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | -155.11% |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | -8.35% |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | 4.76% |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | 0.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -26.59% |
| Mar 31, 2026 | -8.48% |
| Dec 31, 2025 | 1.39% |
| Sep 30, 2025 | -13.26% |
| Jun 30, 2025 | -320.61% |
| Mar 31, 2025 | -20.14% |
| Dec 31, 2024 | 24.52% |
| Sep 30, 2024 | -4.15% |
| Jun 30, 2024 | 34.83% |
| Mar 31, 2024 | 22.08% |
| Dec 31, 2023 | -6.63% |
| Sep 30, 2023 | 5.24% |
| Jun 30, 2023 | 12.63% |
| Mar 31, 2023 | 52.59% |
| Dec 31, 2022 | 78.14% |
| Sep 30, 2022 | 24.75% |
| Jun 30, 2022 | 18.59% |
| Mar 31, 2022 | 23.89% |
| Dec 31, 2021 | 24.88% |
| Sep 30, 2021 | 30.08% |