GDS Holdings (GDS) revenue breakdown
By product, Colocation services is the largest at 91% of fiscal 2025 revenue, growing 34% a year over 9 years.
Revenue by product
Fiscal years, as GDS Holdings reports them in its 10-K filings; fiscal 2025 total $11.4B.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Colocation services | $770M | $1.2B | $2.1B | $3.3B | $4.7B | $6.5B | $7.9B | $8.5B | $9.2B | $10.4B | 91% |
| Managed service and others | $233M | $373M | $655M | $833M | $1.0B | $1.3B | $1.3B | $1.2B | $1.2B | $1.1B | 9% |
| Equipment sales | $53M | $24M | $33M | $28M | $22M | $4M | $8M | $564,000 | $180,000 | $4M | 0% |
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Where does GDS Holdings make its money?
In fiscal 2025, by product: Colocation services $10.4B, Managed service and others $1.1B, Equipment sales $4M.
From GDS Holdings's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.