GDS Holdings (GDS) Total Non-Current Liabilities (2015 - 2026)
GDS Holdings' Total Non-Current Liabilities came in at $5.81 billion for the quarter ended Jun 30, 2026, down 6.8% from $6.23 billion a year earlier but up 2.5% from the prior quarter.
GDS Holdings (GDS) Total Non-Current Liabilities (2015 - 2026) Analysis & Trends
As of Dec 31, 2025, GDS Holdings' Total Non-Current Liabilities was $6.45 billion, up 15.2% from the prior year.
- Total Non-Current Liabilities carries a five-year compound annual growth rate of 6.4% (years ended Dec 2020 to Dec 2025).
- Going back by year, Total Non-Current Liabilities was $5.6 billion in the year ended Dec 31, 2024 (-12.3%), $6.39 billion in the year ended Dec 31, 2023 (+13.6%), $5.63 billion in the year ended Dec 31, 2022 (-21.7%) and $7.19 billion in the year ended Dec 31, 2021 (+51.9%).
- The five-year range for quarterly Total Non-Current Liabilities is $5.6 billion (the quarter ended Mar 31, 2025) to $7.91 billion (the quarter ended Mar 31, 2022).
- Year-over-year, Total Non-Current Liabilities increased in two of the last eight quarters, with an average decline of 3.8%.
- The fastest year-over-year change in Total Non-Current Liabilities over five years came in the quarter ended Mar 31, 2022 (growth of 60.6%), and the weakest in the quarter ended Dec 31, 2022 (a decline of 23.4%).
- Business Quant data shows GDS's Total Non-Current Liabilities at $5.66 billion (quarter ended Mar 31, 2026), $6.36 billion (quarter ended Dec 31, 2025) and $6.32 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Non-Current Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,946.88 Bn | 3,870.04 Bn | 60.48 Bn | 222.11 Bn |
| 2 | International Business Machines | 225.12 Bn | 175.93 Bn | 9.91 Bn | 107.51 Bn |
| 3 | Cloudflare | 104.36 Bn | 87.89 Bn | 499.52 Mn | 4.83 Bn |
| 4 | Equinix | 96.62 Bn | 85.19 Bn | 1.40 Bn | 25.68 Bn |
| 5 | Nebius | 40.89 Bn | 14.32 Bn | 448.70 Mn | 15.23 Bn |
| 6 | CoreWeave | 33.34 Bn | 20.43 Bn | 1.70 Bn | 71.68 Bn |
| 7 | Verisign | 27.89 Bn | 25.10 Bn | 384.60 Mn | 2.16 Bn |
| 8 | Nutanix | 18.17 Bn | 9.85 Bn | 651.35 Mn | 4.34 Bn |
| 9 | GoDaddy | 14.16 Bn | 9.74 Bn | 828.20 Mn | 7.93 Bn |
| 10 | GDS Holdings | 4.43 Bn | -3.84 Bn | 97.55 Mn | 5.80 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.80 Bn |
| Mar 31, 2026 | 5.65 Bn |
| Dec 31, 2025 | 6.45 Bn |
| Sep 30, 2025 | 6.31 Bn |
| Jun 30, 2025 | 6.22 Bn |
| Mar 31, 2025 | 5.59 Bn |
| Dec 31, 2024 | 5.60 Bn |
| Sep 30, 2024 | 6.50 Bn |
| Jun 30, 2024 | 6.33 Bn |
| Mar 31, 2024 | 6.25 Bn |
| Dec 31, 2023 | 6.47 Bn |
| Sep 30, 2023 | 7.27 Bn |
| Jun 30, 2023 | 7.32 Bn |
| Mar 31, 2023 | 7.81 Bn |
| Dec 31, 2022 | 5.75 Bn |
| Sep 30, 2022 | 7.05 Bn |
| Jun 30, 2022 | 7.30 Bn |
| Mar 31, 2022 | 7.90 Bn |
| Dec 31, 2021 | 7.31 Bn |
| Sep 30, 2021 | 5.99 Bn |
GDS Holdings Total Non-Current Liabilities 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-non-current-liabilities&ticker=GDS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-non-current-liabilities", "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-non-current-liabilities&ticker=GDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();