GDS Holdings (GDS) Tax Rate (2024)
GDS Holdings (GDS) posted Tax Rate of -26.59% for the quarter ended Jun 30, 2026, up 294.02 percentage points from -320.61% a year earlier but down 18.15 percentage points from the prior quarter.
GDS Holdings (GDS) Tax Rate (2024) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at GDS Holdings was -29.40%, down 16.34 percentage points year-over-year; for the year ended Dec 31, 2025, it was -65.87%, down 91.25 percentage points from the prior year.
- Annual Tax Rate shows a five-year change of -87.89 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, GDS Holdings' Tax Rate was 25.38% in the year ended Dec 31, 2024 (+25.72 pp), -0.34% in the year ended Dec 31, 2023 (-28.25 pp), 27.91% in the year ended Dec 31, 2022 (+2.35 pp) and 25.56% in the year ended Dec 31, 2021 (+3.53 pp).
- Quarterly Tax Rate has run from a low of -320.61% in the quarter ended Jun 30, 2025 to a high of 78.14% in the quarter ended Dec 31, 2022 over five years.
- On a year-over-year basis, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -12.80 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was the quarter ended Jun 30, 2026, with a gain of 294.02 percentage points; the weakest was the quarter ended Jun 30, 2025, with a drop of 355.44 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was -8.44% (quarter ended Mar 31, 2026), 1.39% (quarter ended Dec 31, 2025) and -13.26% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 18.80% |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 12.63% |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | - |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 8.80% |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 23.12% |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 24.26% |
| 10 | GDS Holdings | 4.27 Bn | -4.01 Bn | 97.55 Mn | - |
GDS Holdings Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "GDS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();