Stocks Technology GDS
NASDAQ · TechnologyGDS Holdings Ltd (GDS)
GDS Holdings Ltd reported revenue of CN¥11.4B in fiscal 2025, up 10.8% from a year earlier. Net income was CN¥949.6M, a net margin of 8.3%. In fiscal 2025 capital spending exceeded operating cash flow by CN¥1.3B. At December 31, 2025 it held CN¥14.3B in cash against CN¥25.9B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 29, 2026.
Watch GDS in 60 secondsWhat GDS Holdings Ltd does
GDS Holdings Ltd is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker GDS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | CN¥11.4B | CN¥949.6M | CN¥0.55 | -CN¥1.3B |
| 2024 | CN¥10.3B | CN¥3.4B | CN¥2.27 | -CN¥1.2B |
| 2023 | CN¥9.8B | -CN¥4.3B | -CN¥2.96 | -CN¥1.1B |
| 2022 | CN¥9.3B | -CN¥1.3B | -CN¥1.03 | -CN¥3.1B |
| 2021 | CN¥7.8B | -CN¥1.2B | -CN¥0.90 | -CN¥8.5B |
| 2020 | CN¥5.7B | -CN¥666.4M | -CN¥0.59 | -CN¥7.7B |
Full financial statements: income, balance sheet and cash flow
Where GDS ranks in Technology
Latest SEC filings
What GDS Holdings Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 4, 2026
- August 13, 2026Passive stake changed SCHEDULE 13G/A
- August 13, 2026
- July 30, 2026
- July 28, 2026
- June 25, 2026
- June 18, 2026
- June 2, 2026
- May 20, 2026
- May 20, 2026
Insider trades
What the people running GDS Holdings Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider bought or sold shares on the open market in the last 90 days. The 16 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| August 3, 2026 | Zhang KejingEVP, sales and service | Other change | 12,166 | - |
| August 3, 2026 | Huang William WeiChairman and CEO, Director | Other change | 53,334 | - |
| August 3, 2026 | Newman Daniel AntonyChief financial officer | Other change | 51,374 | - |
| August 3, 2026 | Liang YanSee Remarks | Other change | 11,166 | - |
| August 3, 2026 | Qian YixinExecutive VP, operation | Other change | 12,800 | - |
| July 15, 2026 | Chen Kathy HuaDirector | Received as pay | 740 | - |
| July 15, 2026 | Yu BinDirector | Received as pay | 1,370 | - |
| July 15, 2026 | Lopez BrunoDirector | Received as pay | 1,500 | - |
| July 15, 2026 | Sun Qiang ChangDirector | Received as pay | 1,130 | - |
| July 15, 2026 | Wojtaszek Gary JDirector | Received as pay | 1,130 | - |
| July 15, 2026 | Liu Chee MingDirector | Received as pay | 1,130 | - |
| July 15, 2026 | Sio Tat HiangDirector | Received as pay | 2,130 | - |
| July 15, 2026 | Ye Judy QingDirector | Received as pay | 1,320 | - |
| July 15, 2026 | Baharudin Zulkifli BinDirector | Received as pay | 1,740 | - |
| July 15, 2026 | Zhang DavidDirector | Received as pay | 75 | - |
Who owns GDS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Singapore Technologies Telemedia Pte Ltd13D, may seek influence with 3 related filers | 28.7% | September 10, 2025 |
| GIC Private Limited13G, passive with 2 related filers | 7.55% | August 13, 2026 |
Largest institutional holders
Insiders
18 insiders reported holding 2,424,049 shares in total, about $77.2M at the last price.
| Holder | Shares |
|---|---|
| Newman Daniel AntonyChief financial officer | 1,040,758 |
| Huang William WeiChairman and CEO, Director | 254,222 |
| Sio Tat HiangDirector | 209,178 |
| Lopez BrunoDirector | 108,384 |
| Okada SatoshiDirector | 98,939 |
| Baharudin Zulkifli BinDirector | 92,390 |
| Liang YanSee Remarks | 90,824 |
| Wojtaszek Gary JDirector | 89,349 |
| Qian YixinExecutive VP, operation | 79,665 |
| Lim Ah DooDirector | 74,970 |
Questions about GDS
What does GDS Holdings Ltd do?
GDS Holdings Ltd is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker GDS.
Is GDS Holdings Ltd profitable?
Yes. In fiscal 2025 it reported net income of CN¥949.6M on revenue of CN¥11.4B, a net margin of 8.3%.
How much revenue does GDS Holdings Ltd make?
In fiscal 2025 GDS Holdings Ltd reported revenue of CN¥11.4B. That is 10.8% more than a year earlier.
When did GDS Holdings Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 29, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from September 4, 2026.
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Follow GDS: get an email when it filesWhere the numbers come from
Financial figures are the values GDS Holdings Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.