stockrowGDS Holdings
GDS Technology Information Technology Services
GDS Holdings' revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 10.8% from fiscal 2024.
- Revenue
- +12.4%
- EPS
- +1,116.7%
- Free cash flow
- +142.2%
- Total debt
- +2.59%
Quarter to June 2026, against a year earlier
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GDS Holdings (GDS) Gross margin
GDS Holdings's gross margin over the twelve months to 30 June 2026 was 24.9%, up 2.3 percentage points from fiscal 2025 (22.6%). Over the past ten years it has ranged from 19.3% (fiscal 2023) to 27.0% (fiscal 2020); the current reading is higher than 45% of that period. That is below the Information Technology Services industry median of 30.0% and below the Technology sector median of 47.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 22.6% | 1.09 |
| FY2024 | 21.5% | 2.22 |
| FY2023 | 19.3% | (1.45) |
| FY2022 | 20.8% | (2.00) |
| FY2021 | 22.8% | (4.26) |
| FY2020 | 27.0% | 1.73 |
| FY2019 | 25.3% | 3.00 |
| FY2018 | 22.3% | (2.98) |
| FY2017 | 25.3% | 0.11 |
| FY2016 | 25.2% | (1.65) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 21.5% | (12.10) |
| Mar 2026 | 33.6% | 12.64 |
| Dec 2025 | 21.0% | (1.17) |
| Sep 2025 | 22.1% | (1.61) |
| 40 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| EXLS ExlService Holdings, Inc. compare | 38.4% |
| G Genpact Limited compare | 36.9% |
| GDS GDS Holdings | 24.9% |
| KD Kyndryl Holdings, Inc. compare | 22.3% |
| PSN Parsons Corporation compare | 22.2% |
| APLD Applied Digital Corporation compare | 21.6% |
| SAIC Science Applications International Corporation compare | 12.7% |
| INGM Ingram Micro Holding Corporation compare | 6.57% |
| MAAS Maase Inc. - Sponsored ADR compare | 0.00% |
| Information Technology Services industry median | 30.0% |
| Technology sector median | 47.1% |
| Market median | 46.0% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on GDS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement