GDS Holdings Limited Reports Second Quarter 2026 Results

GDS Holdings Limited announced its unaudited financial results for the second quarter ended June 30, 2026. The company reported a net revenue increase of 6.5% year-over-year to RMB3,088.0 million. Net income was RMB837.6 million, a significant improvement from a net loss of RMB70.6 million in the same period last year. Adjusted EBITDA (non-GAAP) increased by 2.5% year-over-year to RMB1,406.0 million. Operationally, total committed and pre-committed area increased by 18.2% year-over-year to 784,802 sqm, and utilized area increased by 13.2% to 542,236 sqm. The company updated its full-year 2026 guidance for total revenues to RMB12,700 million – RMB13,000 million and for Adjusted EBITDA to RMB5,900 million – RMB6,100 million. Capex guidance was also revised upwards to around RMB10,000 million to support business expansion.