GDS Holdings (GDS) Total Debt (2015 - 2026)
GDS Holdings (GDS) reported Total Debt of $4.02 billion for the quarter ended Jun 30, 2026, up 10.1% from $3.65 billion a year earlier and up 4.9% from the prior quarter.
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Analysis
GDS Holdings (GDS) Total Debt (2015 - 2026) Analysis & Trends
As of Dec 31, 2025, GDS Holdings posted Total Debt of $3.82 billion, down 0.7% from the prior year.
- Total Debt has a five-year compound annual growth rate of 12.3% (years ended Dec 2020 to Dec 2025).
- By year, Total Debt came in at $3.85 billion in the year ended Dec 31, 2024 (-8.8%), $4.22 billion in the year ended Dec 31, 2023 (+1.2%), $4.17 billion in the year ended Dec 31, 2022 (-8.0%) and $4.53 billion in the year ended Dec 31, 2021 (+112.1%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Total Debt since the quarter ended Sep 30, 2024.
- Year over year, Total Debt has now increased in each of the last three quarters, with an average decline of 2.1% over the last eight quarters.
- The high point for year-over-year Total Debt in five years was the quarter ended Dec 31, 2021 (growth of 97.5%); the low point was the quarter ended Sep 30, 2025 (a decline of 22.8%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $3.83 billion (quarter ended Mar 31, 2026), $3.77 billion (quarter ended Dec 31, 2025) and $3.59 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,964.86 Bn | 3,888.01 Bn | 60.48 Bn | 40.29 Bn |
| 2 | International Business Machines | 222.38 Bn | 173.19 Bn | 9.91 Bn | 61.99 Bn |
| 3 | Cloudflare | 105.62 Bn | 89.15 Bn | 499.52 Mn | 1.29 Bn |
| 4 | Equinix | 96.25 Bn | 84.81 Bn | 1.40 Bn | 19.70 Bn |
| 5 | Nebius | 41.41 Bn | 14.84 Bn | 448.70 Mn | 8.55 Bn |
| 6 | CoreWeave | 33.73 Bn | 20.82 Bn | 1.70 Bn | 3.66 Bn |
| 7 | Verisign | 27.82 Bn | 25.04 Bn | 384.60 Mn | 2.33 Bn |
| 8 | Nutanix | 18.15 Bn | 9.84 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 13.94 Bn | 9.52 Bn | 828.20 Mn | 3.77 Bn |
| 10 | GDS Holdings | 4.27 Bn | -4.01 Bn | 97.55 Mn | 4.03 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.03 Bn |
| Mar 31, 2026 | 3.82 Bn |
| Dec 31, 2025 | 3.76 Bn |
| Sep 30, 2025 | 3.59 Bn |
| Jun 30, 2025 | 3.64 Bn |
| Mar 31, 2025 | 143.09 Mn |
| Dec 31, 2024 | 3.60 Bn |
| Sep 30, 2024 | 4.65 Bn |
| Jun 30, 2024 | 4.37 Bn |
| Mar 31, 2024 | 4.31 Bn |
| Dec 31, 2023 | 3.61 Bn |
| Sep 30, 2023 | 3.99 Bn |
| Jun 30, 2023 | 3.94 Bn |
| Mar 31, 2023 | 4.07 Bn |
| Dec 31, 2022 | 4.20 Bn |
| Sep 30, 2022 | 3.59 Bn |
| Jun 30, 2022 | 3.68 Bn |
| Mar 31, 2022 | 4.07 Bn |
| Dec 31, 2021 | 3.80 Bn |
| Sep 30, 2021 | 2.93 Bn |
API Access
GDS Holdings Total Debt 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=total-debt&ticker=GDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();