GDS Holdings Limited (GDS) Earnings History
Profitable12 years of earnings data (2014–2025) · Positive TTM net income
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GDS Holdings Limited (GDS) Earnings Overview
As of June 23, 2026, GDS Holdings Limited (GDS) reported trailing twelve-month net income of $2.83B, reflecting +193.0% year-over-year growth. The company earned $11.13 per diluted share over the past four quarters, with a net profit margin of 8.3%.
Looking at the long-term picture, GDS's historical earnings data spans multiple years. The company achieved its highest annual net income of $3.43B in fiscal 2024.
GDS Holdings Limited maintains positive profitability with a gross margin of 20.5%, operating margin of 13.2%, and net margin of 8.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including VNET (-$2.25B net income, -2.6% margin), BTBT (-$169M net income, -70.7% margin), DLR ($1.31B net income, 21.4% margin), GDS has outperformed on profitability metrics. Compare GDS vs VNET →
GDS Earnings vs Peers
Earnings metrics vs comparable public companies
GDS Historical Earnings Data (2014–2025)
12 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $924M | -73.0% | $1.46B | $4.24 | 8.3% | 13.2% |
| 2024 | $3.43B | +179.8% | $1.15B | $-4.56 | 33.2% | 11.2% |
| 2023 | -$4.29B | -238.8% | -$2.46B | $-23.67 | -43.1% | -24.7% |
| 2022 | -$1.27B | -6.3% | $552M | $-8.25 | -13.6% | 5.9% |
| 2021 | -$1.19B | -78.0% | $570M | $-7.23 | -15.2% | 7.3% |
| 2020 | -$669M | -51.4% | $673M | $-4.71 | -11.7% | 11.7% |
| 2019 | -$442M | -2.7% | $480M | $-3.63 | -10.7% | 11.6% |
| 2018 | -$430M | -31.6% | $168M | $-3.48 | -15.4% | 6.0% |
| 2017 | -$327M | -18.3% | $82M | $-3.33 | -20.2% | 5.1% |
| 2016 | -$276M | -180.4% | -$42M | $-7.36 | -26.2% | -4.0% |
| 2015 | -$99M | +24.2% | -$1M | $-2.08 | -14.0% | -0.2% |
| 2014 | -$130M | - | -$76M | $-38.16 | -27.8% | -16.2% |
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GDS — Frequently Asked Questions
Quick answers to the most common questions about buying GDS stock.
What is GDS earnings per share (EPS)?
GDS trailing twelve-month (TTM) diluted EPS is $11.13, reflecting +193.0% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2014 to 2025 is available in the table on this page.
What is GDS Holdings Limited's net income?
GDS Holdings Limited (GDS) trailing twelve-month net income is $2.8B as of 2025. Earnings grew +193.0% year-over-year. GDS Holdings Limited has been profitable for 2 consecutive years.
Is GDS profitable?
Yes, GDS is profitable with a TTM net income of $2.8B and a net profit margin of +8.3%. GDS Holdings Limited has generated profits for 2 consecutive years.
What is GDS's earnings growth rate?
GDS compound annual EPS growth rates (CAGR): 1-Year: N/A, 3-Year: N/A, 5-Year: N/A, 10-Year: N/A. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2014 to 2025.
What are GDS's profit margins?
GDS Holdings Limited net profit margin is +8.3%, operating margin is +13.2%, and gross margin is +20.5%. Margins are within a typical range for the sector. Return on Equity is +3.6%.
Is GDS growing earnings?
Yes, GDS earnings are accelerating — EPS growth of +193.0% exceeds the 5-year CAGR of N/A. TTM net income reached $2.8B. Earnings momentum is strengthening.
What was GDS's best earnings year?
GDS Holdings Limited's highest annual net income on record is $3.4B, achieved in fiscal year 2024. Earnings history on this page spans 2014 to 2025 and includes all annual and quarterly figures.
What were GDS's earnings last quarter?
GDS's most recent reported quarter was Q1 2026. Net income was $2.6B with diluted EPS of $10.24. For a full breakdown of all quarters, see the quarterly earnings table on this page.