GDS (GDS) Revenue & Revenue Breakdown
GDS Revenue Highlights
Latest Revenue (Y)
$9.96B
Latest Revenue (Q)
$2.63B
Main Segment (Y)
Service revenue
GDS Revenue by Period
GDS Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $9.96B | 6.76% |
| 2022-12-31 | $9.33B | 19.27% |
| 2021-12-31 | $7.82B | 36.24% |
| 2020-12-31 | $5.74B | 39.21% |
| 2019-12-31 | $4.12B | 47.65% |
| 2018-12-31 | $2.79B | 72.76% |
| 2017-12-31 | $1.62B | 53.05% |
| 2016-12-31 | $1.06B | 50.07% |
| 2015-12-31 | $703.64M | 50.24% |
| 2014-12-31 | $468.34M | - |
GDS generated $9.96B in revenue during NA 2023, up 6.76% compared to the previous quarter, and up 356.60% compared to the same period a year ago.
GDS Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $2.63B | 2.77% |
| 2023-12-31 | $2.56B | 1.49% |
| 2023-09-30 | $2.52B | 1.90% |
| 2023-06-30 | $2.47B | 2.62% |
| 2023-03-31 | $2.41B | 0.20% |
| 2022-12-31 | $2.40B | 1.54% |
| 2022-09-30 | $2.37B | 2.48% |
| 2022-06-30 | $2.31B | 2.98% |
| 2022-03-31 | $2.24B | 2.57% |
| 2021-12-31 | $2.19B | 6.11% |
| 2021-09-30 | $2.06B | 10.60% |
| 2021-06-30 | $1.86B | 9.26% |
| 2021-03-31 | $1.71B | 4.56% |
| 2020-12-31 | $1.63B | 7.01% |
| 2020-09-30 | $1.52B | 13.60% |
| 2020-06-30 | $1.34B | 8.21% |
| 2020-03-31 | $1.24B | 5.19% |
| 2019-12-31 | $1.18B | 10.60% |
| 2019-09-30 | $1.07B | 8.22% |
| 2019-06-30 | $985.19M | 10.47% |
| 2019-03-31 | $891.84M | 7.51% |
| 2018-12-31 | $829.52M | 8.74% |
| 2018-09-30 | $762.82M | 19.66% |
| 2018-06-30 | $637.51M | 13.39% |
| 2018-03-31 | $562.23M | 11.23% |
| 2017-12-31 | $505.48M | 19.09% |
| 2017-09-30 | $424.43M | 26.24% |
| 2017-06-30 | $336.21M | -3.95% |
| 2017-03-31 | $350.04M | 12.31% |
| 2016-12-31 | $311.67M | 4.88% |
| 2016-09-30 | $297.16M | 25.89% |
| 2016-06-30 | $236.04M | 11.81% |
| 2016-03-31 | $211.10M | 0.96% |
| 2015-12-31 | $209.09M | 10.19% |
| 2015-09-30 | $189.75M | - |
GDS generated $2.63B in revenue during Q1 2024, up 2.77% compared to the previous quarter, and up 109.29% compared to the same period a year ago.
GDS Revenue Breakdown
GDS Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Managed service and others | $1.29B | $1.37B | $1.30B | - | - |
| Colocation services | $8.67B | $7.94B | $6.51B | - | - |
| Service revenue | $9.96B | $9.32B | $7.81B | - | - |
| Equipment sales | $564.00K | $7.74M | $4.28M | - | - |
| Equipment Sales | - | - | - | $22.10M | $27.83M |
| Service | - | - | - | $5.72B | $4.09B |
| Colocation Services | - | - | - | $4.71B | $3.26B |
| Managed Service And Others | - | - | - | $1.01B | $832.83M |
GDS's latest annual revenue breakdown by segment (product or service), as of Dec 23: Service revenue (50.00%), Colocation services (43.54%), Managed service and others (6.46%), and Equipment sales (0.00%).
Quarterly Revenue by Product
| Product/Service | Jun 20 | Dec 19 |
|---|---|---|
| Colocation Services | $2.07B | $895.51M |
| Service | $2.57B | $1.16B |
| Managed Service And Others | $497.68M | $264.10M |
| It Equipment Sales | $15.56M | - |
| Equipment Sales | - | $19.58M |
GDS's latest quarterly revenue breakdown by segment (product or service), as of Jun 20: Service (49.85%), Colocation Services (40.18%), Managed Service And Others (9.66%), and It Equipment Sales (0.30%).
GDS Revenue Breakdown by Country
Quarterly Revenue by Country
| Country | Jun 20 | Dec 19 |
|---|---|---|
| It Equipment Sales | $15.56M | - |
| Colocation Services | $2.07B | $895.51M |
| Service | $2.57B | $1.16B |
| Managed Service And Others | $497.68M | $264.10M |
| Equipment Sales | - | $19.58M |
GDS's latest quarterly revenue breakdown by geography, as of Jun 20: Service (49.85%), Colocation Services (40.18%), Managed Service And Others (9.66%), and It Equipment Sales (0.30%).
GDS Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| GDS | GDS | $9.96B | $2.63B |
| CACI | CACI | $7.66B | $2.06B |
| VNET | VNET Group | $7.41B | $1.90B |
| IT | Gartner | $5.91B | $1.60B |
| G | Genpact | $4.48B | $1.18B |
| ASGN | ASGN | $4.45B | $1.03B |
| CLVT | Clarivate | $2.63B | $650.30M |
| TTEC | TTEC | $2.46B | $534.09M |
| EXLS | ExlService | $1.63B | $472.07M |
| WNS | WNS | $1.32B | $322.60M |
| TWKS | Thoughtworks | $1.13B | $251.67M |
| TASK | TaskUs | $924.37M | - |
GDS Revenue FAQ
What is GDS’s yearly revenue?
GDS's yearly revenue for 2023 was $9.96B, representing an increase of 6.76% compared to 2022. The company's yearly revenue for 2022 was $9.33B, representing an increase of 19.27% compared to 2021. GDS's yearly revenue for 2021 was $7.82B, representing an increase of 36.24% compared to 2020.
What is GDS’s quarterly revenue?
GDS's quarterly revenue for Q1 2024 was $2.63B, a 2.77% increase from the previous quarter (Q4 2023), and a 9.07% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $2.56B, a 1.49% increase from the previous quarter (Q3 2023), and a 6.34% increase year-over-year (Q4 2022). GDS's quarterly revenue for Q3 2023 was $2.52B, a 1.90% increase from the previous quarter (Q2 2023), and a 6.40% increase year-over-year (Q3 2022).
What is GDS’s revenue growth rate?
GDS's revenue growth rate for the last 3 years (2021-2023) was 27.34%, and for the last 5 years (2019-2023) was 141.52%.
What are GDS’s revenue streams?
GDS's revenue streams in c 23 are Managed service and others, Colocation services, Service revenue, and Equipment sales. Managed service and others generated $1.29B in revenue, accounting 6.46% of the company's total revenue, down -6.43% year-over-year. Colocation services generated $8.67B in revenue, accounting 43.54% of the company's total revenue, up 9.14% year-over-year. Service revenue generated $9.96B in revenue, accounting 50.00% of the company's total revenue, up 6.85% year-over-year. Equipment sales generated $564K in revenue, accounting 0.00% of the company's total revenue, down -92.71% year-over-year.
What is GDS’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of GDS was Service revenue. This segment made a revenue of $9.96B, representing 50.00% of the company's total revenue.