$GDS Income Statement | Understand Stock

$GDS

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Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated statements of operations

In millions of CNY; shares in millions, except per-share amounts

	FY2025 12 months to Dec 31, 2025	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021
Net revenue
Cost of revenue
Gross profit
Operating expenses
Selling and marketing expenses
General and administrative expenses
Research and development expenses
Impairment losses of long-lived assets
(Loss) income from continuing operations
Other income (expenses):
Interest income
Interest expenses
Foreign currency exchange (loss) gain, net
Government grants
Gain from purchase price adjustment
Others, net

Net loss from continuing operations
Gain on deconsolidation of subsidiaries
(Loss) income from continuing operations before income taxes and share of results of equity method investees
Income tax benefits (expenses)
Share of results of equity method investees
Net (loss) income from continuing operations
Discontinued operations
Loss from operations of discontinued operations, net of income taxes
Gain on deconsolidation of subsidiaries, net of nil income taxes
(Loss) income from discontinued operations
Net (loss) income
Net loss (income) attributable to non-controlling interests
Net loss attributable to redeemable non-controlling interests
Net income from continuing operations attributable to non-controlling interests
Net loss from continuing operations attributable to redeemable non-controlling interests
Net (loss) income from continuing operations attributable to GDS Holdings Limited shareholders
Net loss from discontinued operations attributable to non-controlling interests
Net loss from discontinued operations attributable to redeemable non-controlling interests
Net (loss) income from discontinued operations attributable to GDS Holdings Limited shareholders
Net (loss) income attributable to GDS Holdings Limited shareholders
Accretion to redemption value of redeemable non-controlling interests of continuing operations
Adjustment to the redemption value of redeemable non-controlling interests of continuing operations
Net (loss) income available to GDS Holdings Limited shareholders
Cumulative dividend on redeemable preferred shares
Net (loss) income available to GDS Holdings Limited ordinary shareholders
Net (loss) income attributable to GDS Holdings Limited ordinary shareholders
(Loss) income per Class A and Class B ordinary share
Continuing operations - Basic (in CNY per share)
Continuing operations - Diluted (in CNY per share)
Total - Basic (in CNY per share)
Discontinued operations - Basic (in CNY per share)
Discontinued operations - Diluted (in CNY per share)
Total - Diluted (in CNY per share)
Weighted average number of ordinary share outstanding
Basic (in shares)
Diluted (in shares)

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