Welcome to our dedicated page for Gds Holdings SEC filings (Ticker: GDS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The GDS Holdings Limited (GDS) SEC filings page brings together the company’s U.S. regulatory disclosures as a foreign private issuer with American Depositary Shares listed on NASDAQ. GDS furnishes current reports on Form 6-K that include press releases, supplemental financial information, and corporate announcements related to its high-performance data center business in China.
In these filings, investors can find quarterly earnings releases that discuss net revenue, net income or loss, Adjusted EBITDA, Adjusted Gross Profit, and margins, along with detailed operating metrics such as total area committed and pre-committed, area in service, area under construction, area utilized, and utilization and commitment rates. Filings may also include supplemental reconciliations between U.S. GAAP and International Financial Reporting Standards, providing additional transparency into the company’s financial reporting framework.
GDS uses Form 6-K to disclose information about capital market transactions and balance sheet management, including new debt financing and refinancing facilities, issuances of convertible senior notes and equity, and developments related to its China REIT (C-REIT) backed by stabilized data center assets. Filings describe the C-REIT’s initial public offering on the Shanghai Stock Exchange, the sale of a project company to the C-REIT, reinvestment in C-REIT units, and the ongoing services agreement under which GDS operates and manages the underlying data centers.
Other 6-K submissions cover announcements about GDS’s minority equity interest in DayOne Data Centers Limited, including DayOne’s financing activities and share repurchase arrangements with GDS. Corporate governance disclosures, such as dates of board meetings, results of annual general meetings, and ESG reporting, are also furnished through these reports.
On Stock Titan, these filings are updated as they are made available on EDGAR, and AI-powered tools can be applied to help summarize lengthy documents, highlight key financial and operational points, and make it easier to understand complex disclosures around data center assets, financing structures, and international investments.
GDS Holdings Ltd director Baharudin Zulkifli Bin filed an initial ownership report on American Depositary Shares. He reports direct ownership of 89,150 ADSs. Each ADS represents eight Class A ordinary shares, and the total includes ADSs received from fully vested RSU awards that have satisfied all conditions.
GDS Holdings Ltd director Lim Ah Doo has filed an initial statement of beneficial ownership. The filing reports direct holdings of 1,687,647 Class A ordinary shares and 73,580 American Depositary Shares (ADSs). Each ADS represents eight Class A ordinary shares, and the total includes ADSs received upon settlement of fully vested restricted stock units that had time and performance conditions fully satisfied.
GDS Holdings Ltd director Sun Qiang Chang has filed an initial statement of beneficial ownership, reporting 57,170 American Depositary Shares (ADS) held directly. Each ADS represents eight Class A ordinary shares. The total includes fully vested RSU awards that have settled into ADSs, with each RSU delivering one ADS.
GDS Holdings Ltd director Sio Tat Hiang filed an initial ownership report showing existing holdings of the company’s American Depositary Shares (ADSs). He directly holds 205,208 ADSs and has indirect ownership of 4,000 ADSs held by his spouse. Each ADS represents eight Class A ordinary shares, and the totals include settlement of fully vested restricted stock units that have converted into ADSs.
GDS Holdings Ltd executive vice president of sales and service, Zhang Kejing, filed an initial ownership report showing direct holdings of 28,178 American Depositary Shares (ADSs). Each ADS represents eight Class A ordinary shares, and the total includes vested RSU awards that settled into ADSs on a one-to-one ADS basis.
GDS Holdings Limited reported solid growth for 2025, with net revenue of RMB11,432.3 million, up 10.8% year-over-year, and adjusted EBITDA of RMB5,403.5 million, also up 10.8% with a stable 47.3% margin. The company swung to net income of RMB959.4 million from a RMB770.9 million loss in 2024, mainly due to a RMB2,364.1 million gain on deconsolidation of subsidiaries and RMB715.9 million income from equity investees, partly offset by RMB1,561.2 million impairment losses on long-lived assets.
In the fourth quarter of 2025, net revenue rose 8.6% to RMB2,921.7 million and adjusted EBITDA increased 5.2% to RMB1,365.6 million, though adjusted EBITDA margin eased to 46.7% as utility costs rose. Cash reached RMB14,306.0 million as of December 31, 2025, alongside RMB3,648.9 million of short-term debt and RMB42,561.6 million of long-term debt.
GDS completed a US$385 million sale of DayOne shares, leaving a remaining stake implied at over US$2.2 billion, and raised US$300 million via Series B convertible preferred shares with a minimum 3.75% dividend and a US$54.43 per ADS conversion price. For 2026, it guides revenue to RMB12,400–12,900 million and adjusted EBITDA to RMB5,750–6,000 million, with expected capex of about RMB9,000 million.
GDS Holdings Ltd chief financial officer Daniel Antony Newman filed an initial ownership report showing his holdings of American Depositary Shares (ADSs). He reports 827,892 ADSs held directly and a further 200,000 ADSs held indirectly through Ofira Capital Limited, a British Virgin Islands company he beneficially owns. Each ADS represents eight Class A ordinary shares. The total includes settlement of fully vested restricted stock units that have met all time and performance conditions and settle into ADSs.
GDS Holdings Ltd director Bruno Lopez filed an initial ownership report showing he holds 105,594 American Depositary Shares (ADS). Each ADS represents eight Class A ordinary shares. The total includes ADSs received upon settlement of fully vested Restricted Stock Unit awards that have met time and performance conditions.
GDS Holdings Ltd director Gary J. Wojtaszek filed an initial ownership report showing direct holdings of 87,239 American Depositary Shares (ADSs). Each ADS represents eight Class A ordinary shares, and the total includes ADSs received upon settlement of fully vested RSU awards that have met all time and performance conditions.
GDS Holdings Ltd director Liu Chee Ming has filed an initial Form 3 disclosing his equity stake in the company. The filing shows direct ownership of 28,290 American Depositary Shares (ADSs), each representing eight Class A ordinary shares. The total includes ADSs received from the settlement of fully vested Restricted Stock Unit (RSU) awards that met time and performance conditions and settle into ADSs on a one-for-one basis. The filing reflects existing holdings rather than a new purchase or sale of GDS securities.