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| Date | Value |
|---|---|
| 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% |