GDS Holdings (GDS) Total Non-Current Liabilities (2015 - 2026)
GDS Holdings (GDS) posted Total Non-Current Liabilities of $5.8 billion for Q2 2026, up 2.54% on a QoQ basis from $5.7 billion in Q1 2026, and down 6.8% year-over-year from $6.2 billion in Q2 2025.
Analysis
GDS Holdings (GDS) Total Non-Current Liabilities (2015 - 2026) Analysis & Trends
GDS Holdings has reported Total Non-Current Liabilities for 12 years, with the latest figure at $5.8 billion in Q2 2026.
- On a quarterly basis, Total Non-Current Liabilities fell 6.8% year-over-year to $5.8 billion in Q2 2026; TTM through Jun 2026 was $5.8 billion, a 6.8% decrease from a year earlier, with the FY2025 full-year figure at $6.5 billion, up 15.18% from the prior year.
- Total Non-Current Liabilities was $5.8 billion for Q2 2026 at GDS Holdings, up from $5.7 billion in the prior quarter.
- The five-year high for Total Non-Current Liabilities was $7.8 billion in Q1 2022, with the low at $5.6 billion in Q1 2025.
- Average Total Non-Current Liabilities over 5 years is $6.5 billion, with a median of $6.3 billion recorded in 2024.
- The largest YoY upside for Total Non-Current Liabilities was 63.54% in 2022 against a maximum downside of 21.15% in 2022.
- Over 5 years, Total Non-Current Liabilities stood at $5.6 billion in 2022, then gained by 13.57% to $6.4 billion in 2023, then slipped by 10.91% to $5.7 billion in 2024, then increased by 11.75% to $6.4 billion in 2025, then decreased by 8.76% to $5.8 billion in 2026.
- The last three Total Non-Current Liabilities figures came in at $5.8 billion (Q2 2026), $5.7 billion (Q1 2026), and $6.4 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 101.95 Bn | 99.73 Bn | 1.40 Bn | 25.67 Bn |
| 2 | Terawulf | 8.13 Bn | 5.36 Bn | 32.37 Mn | 7.81 Bn |
| 3 | Applied Digital | 7.32 Bn | 3.35 Bn | 97.29 Mn | 6.18 Bn |
| 4 | Cipher Digital | 6.58 Bn | 2.56 Bn | 9.79 Mn | 6.89 Bn |
| 5 | GDS Holdings | 5.97 Bn | 3.78 Bn | 97.89 Mn | 5.81 Bn |
| 6 | Core Scientific | 5.83 Bn | 3.90 Bn | 70.04 Mn | 7.51 Bn |
| 7 | Vnet | 1.71 Bn | 718.25 Mn | 74.45 Mn | 3.89 Bn |
| 8 | Sify Technologies | 1.52 Bn | 1.52 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 735.18 Mn | 674.81 Mn | 18.88 Mn | 407.51 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | 94.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.81 Bn |
| Mar 31, 2026 | 5.66 Bn |
| Dec 31, 2025 | 6.36 Bn |
| Sep 30, 2025 | 6.32 Bn |
| Jun 30, 2025 | 6.23 Bn |
| Mar 31, 2025 | 5.60 Bn |
| Dec 31, 2024 | 5.69 Bn |
| Sep 30, 2024 | 6.49 Bn |
| Jun 30, 2024 | 6.33 Bn |
| Mar 31, 2024 | 6.26 Bn |
| Dec 31, 2023 | 6.39 Bn |
| Sep 30, 2023 | 7.19 Bn |
| Jun 30, 2023 | 7.17 Bn |
| Mar 31, 2023 | 7.69 Bn |
| Dec 31, 2022 | 5.63 Bn |
| Sep 30, 2022 | 7.19 Bn |
| Jun 30, 2022 | 7.26 Bn |
| Mar 31, 2022 | 7.76 Bn |
| Dec 31, 2021 | 7.14 Bn |
| Sep 30, 2021 | 5.79 Bn |