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GDS Holdings Ltd (GDS)
NASDAQ:GDS
US Market
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GDS Holdings (GDS) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Mar 25, 2026
Before Open (Confirmed)
Period Ending
2025 (Q4)
Consensus EPS Forecast
-0.05
Last Year’s EPS
0.4
Same Quarter Last Year
Based on 7 Analysts Ratings

Earnings Call Summary

Q3 2025
Earnings Call Date:Nov 19, 2025|
% Change Since:
|
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance with significant growth in AI-driven demand and successful capital access through the C-REIT IPO. However, there are concerns about subdued bookings and potential price pressures. Overall, the sentiment is positive due to the strategic positioning and financial strength.
Company Guidance
During the third quarter of 2025, GDS Holdings Limited reported a 10.2% increase in revenue and an 11.4% rise in adjusted EBITDA year-on-year. The company achieved a gross additional area utilization of around 23,000 square meters and is on track to reach its highest annual move-in volume. GDS is currently delivering a significant 40,000 square meter, 152-megawatt order, with visible plans for over 70,000 square meters of move-in from the backlog next year. For the first nine months of 2025, new bookings amounted to 75,000 square meters or 240 megawatts, with expectations to hit nearly 300 megawatts for the full year. Approximately 65% of these bookings are AI-related. GDS has secured around 900 megawatts of powered land, suitable for AI demand, and plans to inject more assets into its C-REIT following a successful IPO on the Shanghai Stock Exchange. The C-REIT is trading at RMB 4.375, up 45.8% from the IPO price, with an implied dividend yield of 3.6%. The company's net debt to last quarter annualized adjusted EBITDA ratio decreased to 6.0x, benefiting from favorable interest rates, with an effective rate of 3.3%. GDS is on track to achieve the midpoint of its revenue guidance and at or above the top end of its EBITDA guidance for the full year of 2025.
Revenue and EBITDA Growth
Revenue increased by 10.2% and adjusted EBITDA grew by 11.4% year-on-year in Q3 2025, continuing the trend of healthy growth.
AI-Driven Demand in China
65% of 2025 bookings are AI-related, signaling a strong recovery in the data center sector driven by AI infrastructure investments.
Successful C-REIT IPO
The C-REIT IPO in China was a success, with units trading 45.8% above the IPO price, providing a significant competitive advantage in accessing capital.
Financial Discipline and Asset Monetization
Net debt to EBITDA ratio improved to 6.0x from 6.8x, and the effective interest rate dropped to 3.3%, indicating strong financial management.

GDS Holdings (GDS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

GDS Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Mar 25, 2026
2025 (Q4)
-0.05 / -
0.397
Nov 19, 2025
2025 (Q3)
-0.05 / 0.45
-0.022385.71% (+0.47)
Aug 20, 2025
2025 (Q2)
-0.07 / >-0.01
-0.18195.31% (+0.17)
May 20, 2025
2025 (Q1)
-0.11 / 0.06
-0.271122.40% (+0.33)
Mar 19, 2025
2024 (Q4)
-0.33 / 0.40
-0.305230.09% (+0.70)
Nov 19, 2024
2024 (Q3)
-0.20 / -0.02
-0.33994.17% (+0.32)
Aug 21, 2024
2024 (Q2)
-0.23 / -0.18
-0.1810.00% (0.00)
May 22, 2024
2024 (Q1)
-0.31 / -0.27
-0.37327.27% (+0.10)
Mar 26, 2024
2023 (Q4)
-0.35 / -0.31
-0.15-103.77% (-0.16)
Nov 22, 2023
2023 (Q3)
-0.36 / -0.34
-0.034-900.00% (-0.31)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

GDS Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Nov 19, 2025
$29.02$29.75+2.52%
Aug 20, 2025
$31.59$33.90+7.31%
May 20, 2025
$27.08$27.58+1.85%
Mar 19, 2025
$35.58$30.61-13.97%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does GDS Holdings Ltd (GDS) report earnings?
GDS Holdings Ltd (GDS) is schdueled to report earning on Mar 25, 2026, Before Open (Confirmed).
    What is GDS Holdings Ltd (GDS) earnings time?
    GDS Holdings Ltd (GDS) earnings time is at Mar 25, 2026, Before Open (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is GDS EPS forecast?
          GDS EPS forecast for the fiscal quarter 2025 (Q4) is -0.05.
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