GDS Holdings Limited·Technology

GDS Holdings remains a Hold as near-term revenue growth is hampered by execution lags despite robust AI-driven bookings. Bookings exceeded the 500 MW annual target, but actual move-ins and revenue realization are delayed, with meaningful financial step-up not expected until 2H27. AI capex momentum from Alibaba and Tencent supports an upgraded 3-year booking outlook of 500–800 MW annually, underpinned by domestic chip supply improvements.

GDS Holdings (GDS) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.06 per share. This compares to earnings of $0.48 per share a year ago.

GDS NASDAQ: GDS said demand for data center capacity in China is accelerating as artificial intelligence workloads drive larger deployments, prompting the company to prepare for a new investment cycle backed by a significantly expanded land bank and strong liquidity.

SHANGHAI, China, May 20, 2026 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that Mr. Lim Ah Doo has resigned as an independent director of the Board of Directors (the “Board”) and as Chairman of the Audit Committee for personal reasons, effective May 20, 2026.

SHANGHAI, China, May 20, 2026 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced its unaudited financial results for the first quarter ended March 31, 2026. F irst Quarter 202 6 Financial Highlights Net revenue increased by 23.6% year-over-year (“Y-o-Y”) to RMB3,367.1 million (US$488.1 million) in the first quarter of 2026 (1Q2025: RMB2,723.2 million).

GDS Holdings develops and operates data centers in China, serving major cloud, internet, and financial sector clients.
GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company 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. It serves cloud service providers, large Internet companies, financial institutions, telecommunications and IT service providers, and large domestic private sector and multinational corporations. The company was founded in 2001 and is headquartered in Shanghai, the People's Republic of China.
Technology
Information Technology Services
2,276
2016-11-02
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