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GDS · NASDAQ · Information Technology Services

GDS (ADR) (GDS)

High-performance, carrier- and cloud-neutral data centers serving Chinese demand hubs.

$33.23

vs last close−0.52 (−1.56%)

In millions of USD, except per-share figures · converted from CNY at the latest rate

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	376	382	392	422	391	284	406	433	431	436	502	460
Cost of revenue	309	317	306	327	308	231	310	330	335	345	334	370
Gross profit	67	65	86	95	83	53	96	103	95	91	169	90
	55	503	53	48	38	4	42	41	41	33	33	24
Research & development	2	2	1	2	1	1	1	1	1	1	1	1
	53	51	51	46	36	8	41	40	40	36	32	33
Selling & marketing	6	5	5	4	5	3	5	5	6	6	5	5
General & administrative	47	46	46	42	32	4	36	35	34	30	26	28
Other expenses	0	450	0	0	0	−4	0	0	0	−5	0	−9
Operating income	12	−438	33	47	46	48	55	62	54	59	135	65
	−72	−67	−75	−73	−68	−36	89	−63	82	−124	277	91
Interest income	0	15	0	0	0	0	0	0	0	0	0	0
Interest expense	75	87	75	75	69	57	66	60	56	85	57	55
Other non-operating income	−3	−19	0	−3	−1	−21	−159	−2	−207	223	−14	0
Income before tax	−60	−506	−42	−26	−23	12	144	−1	136	−66	412	156
Income tax expense	3	−34	9	9	0	7	30	10	27	3	16	32
Net income from continuing operations	−63	−472	−51	−35	−23	6	114	−11	109	−69	396	125
Discontinued operations	0	0	0	0	−12	0	0	0	0	0	0	0
Other adjustments	0	0	0	0	0	627	0	0	0	0	0	0
Net income	−63	−472	−52	−34	−29	625	114	−11	108	−70	395	124
EPS, basic	−$0.35	−$2.65	−$0.30	−$0.20	−$0.17	−$0.03	$0.58	−$0.07	$0.55	−$0.37	$2.01	$0.62
EPS, diluted	−$0.35	−$2.58	−$0.29	−$0.19	−$0.17	−$0.03	$0.51	−$0.06	$0.43	−$0.37	$1.53	$0.45
Weighted average shares, basic	178	179	177	173	179	186	186	186	227	194	194	194
Weighted average shares, diluted	184	184	184	184	184	186	225	225	248	194	254	259
EBITDA	148	−266	161	180	166	175	342	191	389	−16	274	192
Depreciation & amortization	132	153	128	130	120	106	128	128	128	148	124	127
EBIT	15	−419	33	50	46	69	214	63	261	−165	150	65