Complete Filing Data
GDS Holdings Ltd reported Stockholders Equity of $22.46 billion for FY2024.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean GDS Holdings Ltd did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income * | $3.43B | -$4.29B | -$1.27B | -$1.19B | -$666.4M | -$442.1M | -$430.3M | -$326.9M | -$276.4M | -$98.6M | -$130.0M |
| Revenue * | $10.32B | $9.78B | $9.27B | $7.82B | $5.74B | $4.12B | $2.79B | $1.62B | $1.06B | $703.6M | $468.3M |
| Selling And Marketing Expense | $116.4M | $140.9M | $146.5M | $148.6M | $134.9M | $129.9M | $110.6M | $90.1M | $71.6M | $57.6M | $40.6M |
| Research And Development Expense | $36.3M | $38.2M | $31.9M | $39.3M | $40.0M | $21.6M | $13.9M | $7.3M | $9.1M | $3.6M | $1.6M |
| Other Nonoperating Income Expense | $21.8M | $25.3M | $5.3M | -$1.6M | $5.0M | $5.6M | $5.4M | $435.0K | $284.0K | $1.2M | -$412.0K |
| Operating Income Loss | $1.15B | -$2.21B | $713.2M | $569.5M | $672.9M | $479.8M | $168.4M | $82.2M | -$42.4M | -$1.2M | -$75.7M |
| Net Income Loss Available To Common Stockholders Basic | $3.37B | -$4.34B | -$1.51B | -$1.31B | -$737.7M | -$500.2M | -$430.3M | -$326.9M | -$403.4M | -$216.6M | -$309.1M |
| Income Tax Expense Benefit | $156.1M | -$15.6M | $276.2M | $242.5M | $120.8M | $15.7M | -$9.4M | -$6.1M | -$8.3M | -$12.0M | -$4.6M |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -$614.9M | -$3.94B | -$828.3M | -$948.8M | -$548.4M | -$426.4M | -$439.7M | -$333.0M | -$284.7M | -$110.6M | -$134.6M |
| Gross Profit | $2.22B | $1.95B | $1.95B | $1.78B | $1.55B | $1.04B | $622.4M | $408.5M | $265.7M | $188.6M | $80.2M |
| General And Administrative Expense | $917.9M | $966.0M | $1.05B | $1.02B | $702.5M | $411.4M | $329.6M | $228.9M | $227.4M | $128.7M | $113.7M |
| Deferred Income Tax Expense Benefit | -$181.6M | -$295.9M | -$99.2M | -$48.5M | -$89.7M | -$50.2M | -$36.6M | -$11.6M | -$10.6M | -$10.6M | -$5.0M |
| Cost Of Goods And Services Sold | $8.10B | $7.83B | $7.32B | $6.04B | $4.19B | $3.08B | $2.17B | $1.21B | $790.3M | $515.0M | $388.2M |
| Comprehensive Income Net Of Tax | $3.31B | -$4.42B | -$1.52B | -$1.35B | -$1.05B | -$355.5M | -$368.8M | -$335.5M | -$406.5M | -$217.1M | -$125.9M |
| Income Taxes Paid Net | $389.8M | $302.7M | $343.3M | $252.1M | $211.6M | $17.0M | $3.4M | $1.4M | $5.6M | $853.0K | |
| Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax | -$125.1M | -$247.5M | -$159.7M | -$387.0M | $86.6M | $61.4M | -$8.6M | -$130.1M | -$118.5M | ||
| Government Grant Income Nonoperating | $27.3M | $84.4M | $95.2M | $88.2M | $27.1M | $9.9M | $3.2M | $3.1M | $2.2M | ||
| Interest Expense Other | $1.65B | $1.32B | $968.7M | $656.2M | $412.0M | $265.2M | $126.9M | $131.9M | |||
| Income Loss From Continuing Operations Per Diluted Share | -$0.52 | -$2.71 | -$0.92 | ||||||||
| Income Loss From Continuing Operations Per Basic Share | -$0.52 | -$2.71 | -$0.92 |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $22.46B | $18.89B | $23.02B | $24.47B | $25.57B | $10.29B | $5.52B | $4.48B | $2.99B | -$340.5M | -$16.6M | -$301.2M |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $8.09B | $7.50B | $8.21B | $12.03B | $16.49B | $5.97B | $2.28B | $1.95B | $1.84B | $930.9M | ||
| Repayments Of Short Term Debt | $394.8M | $1.33B | $8.24B | $902.7M | $438.9M | $758.9M | $776.2M | $381.1M | $433.0M | $289.0M | $357.3M | |
| Goodwill | $5.89B | $5.89B | $7.08B | $7.08B | $2.60B | $1.91B | $1.75B | $1.57B | $1.34B | $1.29B | $1.29B | |
| Preferred Stock Dividends Income Statement Impact | $54.2M | $53.6M | $51.2M | $49.1M | $52.7M | $40.3M | $332.7M | $7.1M | $3.5M | |||
| Repayments Of Long Term Debt | $5.63B | $4.42B | $1.35B | $5.18B | $4.19B | $1.97B | $834.2M | $1.40B | $373.9M | $137.7M | $115.9M | |
| Gain Loss On Sale Of Property Plant Equipment | $31.7M | $12.1M | $15.0M | $1.8M | $256.0K | $703.0K | -$2.2M | $62.0K | $37.0K | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $10.22B | -$964.1M | -$3.14B | -$4.47B | $10.52B | $3.69B | $337.1M | $108.6M | $908.1M | |||
| Value Added Tax Receivable Noncurrent | $1.49B | $1.40B | $1.16B | $2.22B | $1.45B | $888.5M | $488.5M | $290.1M | $98.9M | $0.00 | ||
| Value Added Tax Receivable Current | $240.5M | $214.4M | $164.7M | $229.1M | $155.6M | $130.0M | $163.5M | $112.1M | $73.0M | $59.7M | ||
| Retained Earnings Accumulated Deficit | -$6.04B | -$9.47B | -$5.18B | -$3.91B | -$2.72B | -$2.06B | -$1.62B | -$1.19B | -$858.7M | -$582.3M | ||
| Other Liabilities Noncurrent | $297.2M | $303.5M | $268.3M | $539.3M | $349.3M | $345.5M | $340.8M | $358.9M | $111.7M | $79.0M | ||
| Other Assets Noncurrent | $674.9M | $747.1M | $664.6M | $1.07B | $486.1M | $289.4M | $212.9M | $211.8M | $98.7M | $57.5M | ||
| Other Assets Current | $415.5M | $444.5M | $427.3M | $316.9M | $172.6M | $148.6M | $110.5M | $42.7M | $49.2M | $33.7M | ||
| Liabilities Current | $9.08B | $8.31B | $10.60B | $13.47B | $7.64B | $4.00B | $3.51B | $2.42B | $1.48B | $925.0M | ||
| Liabilities And Stockholders Equity | $73.65B | $74.45B | $74.81B | $71.63B | $57.26B | $31.49B | $20.89B | $13.14B | $8.20B | $5.13B | ||
| Liabilities | $49.98B | $54.32B | $50.63B | $45.74B | $30.59B | $20.14B | $15.36B | $8.67B | $5.22B | $3.07B | ||
| Intangible Assets Net Excluding Goodwill | $481.1M | $688.3M | $1.05B | $1.28B | $785.3M | $394.6M | $482.5M | $348.5M | $92.6M | $46.9M | ||
| Common Stock Value | $527.0K | $516.0K | $516.0K | $507.0K | $507.0K | $412.0K | $341.0K | $320.0K | $260.0K | $76.0K | ||
| Cash | $1.87B | $1.81B | $924.5M | $606.8M | $48.6M | |||||||
| Assets Current | $11.61B | $10.98B | $11.95B | $14.46B | $18.32B | $7.08B | $3.04B | $2.45B | $2.21B | $1.19B | ||
| Assets | $73.65B | $74.45B | $74.81B | $71.63B | $57.26B | $31.49B | $20.89B | $13.14B | $8.20B | $5.13B | ||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -$1.09B | -$974.4M | -$848.4M | -$599.2M | -$439.6M | -$52.7M | -$139.3M | -$200.7M | -$192.1M | -$61.9M | ||
| Accounts Receivable Net Current | $3.02B | $2.49B | $2.41B | $1.73B | $1.48B | $880.0M | $536.8M | $364.7M | $198.9M | $111.0M | ||
| Accounts Payable Current | $2.59B | $2.75B | $3.09B | $3.90B | $3.66B | $1.68B | $1.51B | $1.11B | $513.5M | $215.7M | ||
| Restricted Cash And Cash Equivalents At Carrying Value | $67.4M | $39.4M | $158.1M | $2.01B | $86.8M | $34.3M | $87.0K | $10.8M | $27.7M | $6.4M | ||
| Payment For Contingent Consideration Liability Financing Activities | $21.2M | $280.4M | $926.2M | $48.7M | $120.1M | $155.7M | $24.1M | |||||
| Cash Acquired From Acquisition | $57.2M | $4.8M | $12.1M | $466.0K | $24.9M | $1.2M | $41.0M | |||||
| Payment Under Finance Lease And Other Financing Obligations | $545.9M | $986.9M | $1.14B | $265.5M | $198.2M | $289.5M | $190.7M | $68.7M | ||||
| Long Term Loans Payable | $21.91B | $23.09B | $23.52B | $18.28B | $10.57B | $8.03B | $5.20B | $3.46B | $1.51B |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Financing Cash Flow * | $17.06B | $4.16B | $6.14B | $8.12B | $20.14B | $8.36B | $4.88B | $2.36B | $2.13B | $1.13B | $1.06B |
| Investing Cash Flow * | -$8.76B | -$7.34B | -$12.51B | -$13.69B | -$9.38B | -$5.13B | -$4.73B | -$2.01B | -$1.15B | -$731.9M | -$523.7M |
| Operating Cash Flow * | $1.94B | $2.07B | $2.81B | $1.20B | $320.9M | $293.4M | -$12.9M | -$167.8M | -$129.0M | -$80.3M | $27.9M |
| Share Based Compensation | $296.5M | $336.6M | $290.8M | $391.3M | $333.7M | $189.8M | $105.9M | $59.8M | $64.2M | $4.1M | $27.3M |
| Proceeds From Short Term Debt | $1.89B | $371.3M | $4.63B | $3.78B | $1.16B | $467.7M | $943.1M | $553.5M | $339.8M | $333.0M | $298.3M |
| Payments To Acquire Property Plant And Equipment | $3.17B | $3.19B | $5.87B | $9.70B | $8.04B | $4.56B | $4.26B | $1.72B | $987.8M | $733.0M | $248.3M |
| Increase Decrease In Value Added Tax Recoverable | $115.8M | $388.3M | -$1.18B | $631.6M | $463.6M | $323.0M | $221.4M | $194.3M | $94.6M | $41.4M | $16.2M |
| Increase Decrease In Other Noncurrent Liabilities | $10.5M | $8.8M | $2.4M | $15.2M | $9.0M | $1.3M | -$1.6M | $59.1M | $23.8M | $15.3M | $6.4M |
| Increase Decrease In Other Noncurrent Assets | -$70.8M | -$18.7M | $103.7M | $53.7M | $72.1M | $8.7M | $37.0M | $23.1M | $24.8M | $22.8M | -$4.1M |
| Increase Decrease In Other Current Assets | -$109.8M | -$39.5M | -$33.7M | $55.5M | -$65.8M | $8.1M | $11.5M | -$11.5M | $20.5M | $12.3M | -$81.3M |
| Increase Decrease In Accrued Liabilities And Other Operating Liabilities | $104.0M | $36.9M | -$93.7M | -$121.8M | -$139.9M | -$20.4M | -$56.7M | -$83.3M | $22.0M | -$1.1M | $18.3M |
| Increase Decrease In Accounts Receivable | $665.9M | $106.5M | $695.8M | $38.0M | $465.2M | $342.2M | $157.7M | $134.6M | $79.4M | $37.6M | $11.9M |
| Increase Decrease In Accounts Payable | -$15.6M | -$1.6M | $186.7M | $35.5M | $119.2M | $22.5M | $25.3M | $33.9M | $43.8M | -$5.2M | -$6.8M |
| Increase Decrease In Prepaid Expense | -$94.4M | -$18.3M | $35.2M | $53.9M | $13.3M | $14.2M | -$520.0K | -$1.0M | $15.0M | $3.5M | |
| Share Based Compensation Arrangement By Share Based Payment Award Liability Settlement With Restricted Shares Award Value | 16.9M | 12.9M | 13.7M | 11.1M | 10.1M | 8.0M | 6.4M | 4.5M | 7.5M | ||
| Proceeds From Sale Of Property Plant And Equipment | $203.9M | $18.6M | $43.6M | $1.4M | $16.4M | $5.1M | $13.9M | $62.0K | $52.0K | $163.0K | |
| Payments Of Debt Issuance Costs | $54.8M | $187.1M | $89.2M | $150.0M | $112.5M | $156.7M | $91.1M | $62.5M | $57.4M | $24.3M | |
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | -$13.6M | $154.3M | $416.2M | -$95.5M | -$566.9M | $164.4M | $206.3M | -$74.3M | $55.5M | ||
| Payments To Acquire Businesses Gross | $1.20B | $3.45B | $1.17B | $190.1M | $359.4M | $252.8M | $103.6M | ||||
| Proceeds From Issuance Of Secured Debt | $4.76B | $5.87B | $5.87B | $12.41B | $6.94B | $5.00B | $2.81B | $3.09B | |||
| Increase Decrease In Contract With Customer Liability | -$45.7M | $2.2M | $49.0M | $24.5M | $6.3M | $31.4M | $17.5M | $15.0M |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Diluted EPS * | $2.27 | -$2.96 | -$1.03 | -$0.90 | -$0.59 | -$0.45 | -$0.43 | -$0.42 | -$1.35 | -$0.99 | -$1.91 |
| Common Stock Shares Authorized | 3.50B | 3.50B | 2.00B | 2.00B | 2.00B | 2.00B | 2.00B | 2.00B | 2.00B | 675.6M | |
| Earnings Per Share Basic | $2.27 | $-2.96 | $-1.03 | $-0.90 | $-0.59 | $-0.45 |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest Paid Net | $2.10B | $2.06B | $1.80B | $1.54B | $1.11B | $841.4M | $633.1M | $358.7M | $228.7M | $81.2M | $55.1M |
| Foreign Currency Transaction Gain Loss Before Tax | $18.9M | -$1.6M | -$11.1M | -$7.6M | -$21.0M | -$6.0M | $20.3M | -$12.3M | $18.3M | $11.1M | -$875.0K |
| Depreciation And Amortization | $3.24B | $3.37B | $3.12B | $2.62B | $1.64B | $1.14B | $741.5M | $378.1M | $227.4M | $145.4M | $82.8M |
| Interest Income Other | $97.5M | $42.5M | $50.4M | $29.0M | $53.0M | $19.2M | $5.6M | $2.1M | $1.4M | $6.9M | |
| Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value | $296.5M | $336.6M | $290.8M | $391.3M | $333.7M | $189.8M | $105.9M | $59.8M | $64.2M | $4.1M | |
| Prepaid Land Use Rights Noncurrent | $21.8M | $22.4M | $23.0M | $635.0M | $678.2M | $747.2M | $757.0M | $26.2M | $26.8M | $27.4M | |
| Provision For Doubtful Accounts | -$13.2M | $18.3M | $9.9M | $10.1M | $2.0M | $274.0K | $241.0K | -$2.2M | |||
| Prepaid Expense Current | $174.9M | $186.8M | $202.7M | $164.0M | $80.9M | $64.8M | $50.4M | $50.4M | $51.4M |
Most recent annual filing with the SEC: April 28, 2025
Data sourced from SEC EDGAR public filings as of August 5, 2026.