GDS Holdings Limited
GDSFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
1,445
Cost of Revenue
1,134
Gross Profit
311
Gross Margin
21.5%
Operating Income
161
Operating Margin
11.2%
Net Income
480
Net Margin
33.2%
EPS (Basic)
$-4.56
EPS (Diluted)
$-4.56
EBITDA
631
EBITDA Margin
43.6%
2023
12/31/2023
Revenue
1,394
Cost of Revenue
1,125
Gross Profit
269
Gross Margin
19.3%
Operating Income
-344
Operating Margin
-24.7%
Net Income
-601
Net Margin
-43.1%
EPS (Basic)
$-23.67
EPS (Diluted)
$-23.67
EBITDA
191
EBITDA Margin
13.7%
2022
12/31/2022
Revenue
1,306
Cost of Revenue
1,035
Gross Profit
271
Gross Margin
20.8%
Operating Income
77
Operating Margin
5.9%
Net Income
-177
Net Margin
-13.6%
EPS (Basic)
$-8.25
EPS (Diluted)
$-8.25
EBITDA
586
EBITDA Margin
44.9%
2021
12/31/2021
Revenue
1,095
Cost of Revenue
845
Gross Profit
249
Gross Margin
22.8%
Operating Income
80
Operating Margin
7.3%
Net Income
-167
Net Margin
-15.2%
EPS (Basic)
$-7.23
EPS (Diluted)
$-7.23
EBITDA
452
EBITDA Margin
41.3%
2020
12/31/2020
Revenue
803
Cost of Revenue
586
Gross Profit
217
Gross Margin
27.0%
Operating Income
94
Operating Margin
11.7%
Net Income
-94
Net Margin
-11.7%
EPS (Basic)
$-4.71
EPS (Diluted)
$-4.71
EBITDA
326
EBITDA Margin
40.6%