GDS Holdings Ltd

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenue $1.1b
$1.6b +53.05%
$2.8b +72.76%
$4.1b +47.65%
$5.7b +39.21%
$7.8b +36.24%
$9.3b +19.27%
$10.0b +6.76%
$10.3b +3.67%
$11.4b +10.76%
$12.1b +5.63%
Cost of Revenue $790.3m
$1.2b +52.82%
$2.2b +79.65%
$3.1b +41.94%
$4.2b +36.01%
$6.0b +44.19%
$7.4b +22.36%
$8.0b +8.72%
$8.1b +0.81%
$8.8b +9.23%
$9.0b +1.78%
Gross Profit $265.7m
$408.5m +53.75%
$622.4m +52.38%
$1.0b +67.52%
$1.6b +48.69%
$1.8b +14.77%
$1.9b +8.79%
$1.9b -0.69%
$2.2b +15.61%
$2.6b +16.32%
$3.1b +18.82%
Research and Development Expense $9.1m $7.3m $13.9m $21.6m $40.0m $39.3m $35.8m $38.2m $36.3m $32.7m $34.4m
Selling and Marketing Expense $71.6m $90.1m $110.6m $129.9m $134.9m $148.6m $150.4m $144.2m $116.4m $149.4m $989.5m
General and Administrative Expense $227.4m $228.9m $329.6m $411.4m $702.5m $1.0b $1.2b $1.2b $917.9m $897.9m $836.4m
Amortization of Intangible Assets $13.9m $25.1m $53.0m $58.3m $68.7m $192.5m $235.3m $314.8m $214.4m $196.7m
Operating expenses:
Operating Income (Loss) ($42.4m)
$82.2m +294.06%
$168.4m +104.74%
$479.8m +184.98%
$672.9m +40.26%
$569.5m -15.37%
$551.8m -3.12%
($2.5b) -545.60%
$1.2b +146.85%
($55.8m) -104.84%
$2.1b +3829.42%
Interest Expense $265.2m $412.0m $656.2m $968.7m $1.3b $1.7b $1.9b $2.0b $1.7b
Interest Expense, Debt $65.8m $222.8m $213.0m $285.9m $1.7b
Interest Income, Other $2.1m $5.6m $19.2m $53.0m $29.0m $50.4m $42.5m $97.5m $154.0m
Investment Income, Interest $89.8m $154.0m
Foreign Currency Transaction Gain (Loss), before Tax $18.3m ($12.3m) $20.3m ($6.0m) ($21.0m) ($7.6m) $1.3m ($267k) $18.9m $1.5m
Other Nonoperating Income (Expense) $284k $435k $5.4m $5.6m $5.0m ($1.6m) $1.9m $13.7m $21.8m $7.2m
Income (Loss) from Equity Method Investments ($1.2m) ($3.4m) ($968k) ($9.9m) $110k ($347k) $715.9m
Interest Expense (non-operating) $1.9b $1.8b $1.7b
Income (Loss) from Continuing Operations before Income Taxes, Domestic ($144.2m) ($131.0m) ($237.2m) ($68.1m) $19.8m ($287.2m) ($144.9m) $3.1b ($189.8m) ($449.3m) $346.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest ($284.7m) ($333.0m) ($439.7m) ($426.4m) ($548.4m) ($948.8m) ($989.9m) ($4.3b) ($614.9m) $346.0m
Current Income Tax Expense (Benefit) $2.3m $5.5m $27.2m $65.8m $210.5m $290.9m $375.4m $281.2m $337.6m $567.0m $378.7m
Income Tax Expense (Benefit) ($8.3m) ($6.1m) ($9.4m) $15.7m $120.8m $242.5m $276.2m ($14.8m) $156.1m $469.7m $378.7m
Net Income (Loss) Attributable to Parent ($276.4m)
($326.9m) -18.27%
($430.3m) -31.62%
($442.1m) -2.75%
($666.4m) -50.74%
($1.2b) -78.15%
($1.3b) -6.88%
($4.3b) -238.09%
$3.4b +179.84%
$949.6m -72.28%
$2.8b +191.68%
Net Income (Loss) Available to Common Stockholders, Basic ($403.4m)
($326.9m) +18.96%
($430.3m) -31.62%
($500.2m) -16.25%
($737.7m) -47.49%
($1.3b) -78.10%
($1.5b) -14.91%
($4.3b) -187.68%
$3.4b +177.61%
$895.3m -73.44%
$2.8b +209.38%
Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest ($1.4m) $3.4m $4.7m $2.8b
Preferred Stock Dividends, Income Statement Impact $333 $40 $53 $49 $51 $54 $54 $54 $65.4m
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $22.3m
Income (Loss) from Continuing Operations, Per Basic Share ($1) $1
Income (Loss) from Continuing Operations, Per Diluted Share ($1) $1
Earnings Per Share, Basic ($0.90) ($1.03) ($2.96) $2.27 $0.59 $14.16
Earnings Per Share, Diluted ($0.90) ($1.03) ($2.96) $2.27 $0.55 $11.52
Weighted Average Number of Shares Outstanding, Basic 1.5b 1.5b 1.5b 1.5b 1.5b 192.3m
Weighted Average Number of Shares Outstanding, Diluted 1.5b 1.5b 1.5b 1.5b 1.6b 212.9m
Additional Financial Items
Goodwill, Impairment Loss $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1.6b
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax ($400.8m)
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($777.1m) $949.6m
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest ($770.9m) $959.4m
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $4.1b
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $4.2b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.