GDS 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

22.35 0.37 +1.68%
Market cap
$4.3B
P/E
8.2×
Fwd P/E
7.4×
Dividend yield
—
F-score
6/9
Altman Z
0.76
Beneish M
−2.69
Dividend safety
n/a

GDS Holdings (GDS) Operating margin

Alert me on Operating margin

GDS Holdings's operating margin over the twelve months to 30 June 2026 was 4.59%, up 5.1 percentage points from fiscal 2025 (−0.49%). Over the past ten years it has ranged from −24.7% (fiscal 2023) to 11.7% (fiscal 2020); the current reading is higher than 27% of that period. That is above the Information Technology Services industry median of 1.81% and above the Technology sector median of 0.36%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 −0.49% (11.65)
FY2024 11.2% 35.85
FY2023 −24.7% (30.61)
FY2022 5.92% (1.36)
FY2021 7.28% (4.45)
FY2020 11.7% 0.09
FY2019 11.6% 5.61
FY2018 6.03% 0.94
FY2017 5.09% 9.10
FY2016 −4.01% (3.84)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 14.2% (12.75)
Mar 2026 27.0% 68.07
Dec 2025 −41.1% (53.65)
Sep 2025 12.6% (1.74)
40 more quarters

Against its own ten years

Low −24.7% High 11.7%
Ten-year median 5.92%
Current reading's percentile 33

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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