
GDS Holdings Limited
9698.HKFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,342
Cost of Revenue
1,053
Gross Profit
289
Gross Margin
21.5%
Operating Income
150
Operating Margin
11.2%
Net Income
445
Net Margin
33.2%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
571
EBITDA Margin
42.6%
2023
12/31/2023
Revenue
1,294
Cost of Revenue
1,044
Gross Profit
250
Gross Margin
19.3%
Operating Income
-320
Operating Margin
-24.7%
Net Income
-558
Net Margin
-43.1%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
177
EBITDA Margin
13.7%
2022
12/31/2022
Revenue
1,212
Cost of Revenue
961
Gross Profit
252
Gross Margin
20.8%
Operating Income
72
Operating Margin
5.9%
Net Income
-165
Net Margin
-13.6%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
545
EBITDA Margin
44.9%
2021
12/31/2021
Revenue
1,016
Cost of Revenue
785
Gross Profit
231
Gross Margin
22.8%
Operating Income
74
Operating Margin
7.3%
Net Income
-155
Net Margin
-15.2%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
419
EBITDA Margin
41.3%
2020
12/31/2020
Revenue
746
Cost of Revenue
545
Gross Profit
202
Gross Margin
27.0%
Operating Income
87
Operating Margin
11.7%
Net Income
-87
Net Margin
-11.7%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
305
EBITDA Margin
40.8%