GDS HOLDINGS LTD - ADR (GDS) Earnings History & Surprises

NASDAQ:GDS • US36165L1089

40.87 USD
+2.76 (+7.24%)
At close: Mar 6, 2026
40.63 USD
-0.24 (-0.59%)
After Hours: 3/6/2026, 8:22:16 PM

Past quarterly earnings results for GDS HOLDINGS LTD - ADR (GDS), including EPS and revenue actuals, analyst estimates, and surprise percentages. This page focuses on historical performance (not forecasts).

Earnings Snapshot

Next Earnings Date

Upcoming
Release DateMar 16, 2026
PeriodQ4 / 2025
EPS Estimate-CN¥0.10
Revenue Estimate3.074B

Last Reported

Most Recent
Release DateNov 19, 2025
PeriodQ3 / 2025
EPS Reported-CN¥4.26
EPS Surprise -251.31%
Revenue Surprise -2.43%

Beat Rate

Last 8 Quarters
50%
EPS and Revenuebeats vs estimates

Quarterly Earnings Results

EPS & Revenue History (CNY)

Actual vs estimated values, surprises, q2q growth and acceleration numbers for recent quarters.

QuarterEPSEPS EstEPS SurpriseEPS Q2QRevenueRevenue EstRevenue SurpriseRevenue Q2Q
Q3 2025 -4.26 -1.21 -251.31% -207.14% 2.887B 2.959B -2.43% -2.65%
Q2 2025 -0.59 -0.81 26.47% 62.50% 2.9B 2.879B 0.74% 2.62%
Q1 2025 4.26 -0.61 802.61% 279.17% 2.723B 2.853B -4.55% 3.65%
Q4 2024 -2.00 -2.12 5.70% -83.64% 3.134B 3.139B -0.16% 22.59%
Q3 2024 -1.39 -2.32 40.32% 53.33% 2.966B 3.053B -2.86% 17.73%
Q2 2024 -1.58 -2.07 23.48% - 2.826B 2.846B -0.69% 14.33%
Q1 2024 -2.38 -2.78 14.44% 27.27% 2.627B 2.723B -3.51% 9.07%
Q4 2023 -1.09 -2.98 63.44% 15.38% 2.556B 2.647B -3.42% 6.34%
Q3 2023 -2.97 -2.98 0.30% -25.00% 2.519B 2.57B -1.98% 6.40%
Q2 2023 -1.58 -3.13 49.40% 40.74% 2.472B 2.544B -2.83% 6.99%
Q1 2023 -3.27 -2.93 -11.56% 15.38% 2.409B 2.525B -4.60% 7.37%
Q4 2022 -1.29 -3.54 63.59% 45.83% 2.404B 2.43B -1.07% 9.90%
Q3 2022 -2.38 -3.54 32.77% -4.35% 2.368B 2.392B -1.02% 14.85%
Q2 2022 -2.67 -3.48 23.27% -22.73% 2.31B 2.323B -0.54% 23.95%
Q1 2022 -3.86 -2.93 -31.85% -85.71% 2.244B 2.274B -1.34% 31.51%
Q4 2021 -2.38 -1.77 -34.45% -14.29% 2.187B 2.185B 0.11% 34.06%
Q3 2021 -2.28 -1.26 -80.39% - 2.061B 2.094B -1.56% 35.20%
Q2 2021 -2.18 -1.31 -65.91% - 1.864B 1.87B -0.33% 38.87%
Q1 2021 -2.08 -0.20 -929.41% - 1.706B 1.749B -2.46% 37.53%
Q4 2020 -2.08 0.51 -511.76% - 1.632B 1.731B -5.74% -
Q3 2020 - - 1.525B - -
Q2 2020 - - 1.342B - -
Q1 2020 - - 1.24B - -

Notes

  • EPS and Revenue values are non-GAAP when available, otherwise GAAP.
  • Surprise % is (Actual - Estimate) / |Estimate|. Green indicates positive surprise, red negative.
  • Q2Q % is quarter-over-quarter growth. Green indicates growth, red indicates decline.
  • Green right border indicates acceleration for sales or earnings growth. Acceleration is the case when the current Q2Q is above the previous Q2Q.

Earnings Q2Q Performance Trends

EPS Historical Q2Q growth and Acceleration

GDS EPS Q2Q GrowthGDS EPS Q2Q GrowthEPS Q2Q Growth Q4/21 Q2/22 Q4/22 Q2/23 Q4/23 Q2/24 Q4/24 Q2/25 Q4/25 Q2/26 Q4/26 0 100 -100 200 -200

Revenue Historical Q2Q growth and Acceleration

GDS Revenue Q2Q GrowthGDS Revenue Q2Q GrowthRevenue Q2Q Growth Q1/21 Q3/21 Q1/22 Q3/22 Q1/23 Q3/23 Q1/24 Q3/24 Q1/25 Q3/25 Q1/26 Q3/26 0 10 20 30

Surprise distribution (Last 4 Quarters)

EPS beat statistics

EPS beat (4)
3
Average EPS beat (4)
145.87%
Max EPS beat (4)
802.61%
Min EPS beat (4)
-251.31%

Revenue beat statistics

Revenue beat (4)
1
Average Revenue beat (4)
-1.60%
Max Revenue beat (4)
0.74%
Min Revenue beat (4)
-4.55%

Analysis

In the last 4 quarters, GDS has beaten EPS estimates in 3 out of 4 releases
GDS has beaten revenue estimates in 1 out of the last 4 releases
In the last 4 quarters, GDS has beaten the EPS estimates by 145.9% on average.
In the last 4 quarters, GDS reported -1.6% below the revenue estimates on average.
→ Find peers who consistently beat earnings by at least 10% in the last 4 quarters

GDS HOLDINGS LTD - ADR / GDS Earnings FAQ

Can you provide the last earnings date for GDS HOLDINGS LTD - ADR?

GDS HOLDINGS LTD - ADR (GDS) last reported earnings on 11/19/2025.


Did GDS HOLDINGS LTD - ADR (GDS) beat earnings estimates last quarter?

GDS HOLDINGS LTD - ADR (GDS) missed EPS estimates and missed revenue estimates in the most recent quarter.


How often does GDS HOLDINGS LTD - ADR (GDS) beat earnings estimates?

In the last 4 quarters, GDS HOLDINGS LTD - ADR (GDS) has beaten EPS estimates in 3 out of 4 releases.