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GDS Holdings Limited

GDSTechnologyNASDAQ

Information Technology Services · Last scanned May 30, 2026

PriceMA150MA200
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Financials · Annual
Revenue
$11.43B
+10.8% YoY
Net Income
$949.6M
-72.3% YoY
EBITDA
$6.07B
+30.2% YoY
Free Cash Flow
-$4.83B

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About GDS Holdings Limited

Part of the technology sector, GDS Holdings Limited (GDS) is listed under Information Technology Services. With a market capitalization of $7.10B, it sits in mid-cap territory. It provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services.

Key stats
Market Cap$7.10B
P/E (TTM)20.98
Fwd P/E220.43
EPS$1.70
Beta0.45
52W Change+45.4%
ROE10.0%
Analysis

The company holds $14.82B in cash, though total debt stands at $47.19B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow is running at -$4.83B, which bears watching. Negative free cash flow can be acceptable during heavy investment periods but needs to improve over time. ROE of 10.0% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.6% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $9.27B (2022) to $11.43B (2025), reflecting a 23% increase over the period.

GDS's low beta indicates it tends to be less volatile than the broader market, which may suit investors seeking more stable price behavior. The company is burning cash at the operating level, which is not unusual for growth-phase companies but adds risk if it persists. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing GDS.

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