GDS Holdings annual free cash flow
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
GDS Holdings Free Cash Flow (FCF) History (GDS)
GDS Holdings reported −¥1.33B in free cash flow for fiscal 2025, a decrease of ¥95.0M from the previous fiscal year, with a free cash flow margin of −11.60%.
View full GDS Holdings company overviewGDS Holdings free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −¥1.33B | −¥95.0M | — | −11.60% |
| 2024 | 2024-12-31 | −¥1.23B | −¥102.2M | — | −11.93% |
| 2023 | 2023-12-31 | −¥1.13B | ¥1.93B | — | −11.54% |
| 2022 | 2022-12-31 | −¥3.06B | ¥5.44B | — | −32.98% |
| 2021 | 2021-12-31 | −¥8.50B | −¥783.1M | — | −108.70% |
| 2020 | 2020-12-31 | −¥7.72B | −¥3.45B | — | −134.45% |
| 2019 | 2019-12-31 | −¥4.26B | ¥9.6M | — | −103.44% |
| 2018 | 2018-12-31 | −¥4.27B | −¥2.39B | — | −153.07% |
| 2017 | 2017-12-31 | −¥1.89B | −¥771.2M | — | −116.82% |
| 2016 | 2016-12-31 | −¥1.12B | −¥303.5M | — | −105.76% |
| 2015 | 2015-12-31 | −¥813.3M | −¥592.9M | — | −115.58% |
| 2014 | 2014-12-31 | −¥220.4M | — | — | −47.06% |
GDS Holdings quarterly free cash flow
Q3.19
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q3 2019 | 2019-09-30 | −¥917.2M | — | — | −86.03% |
GDS Holdings free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −¥7.72B to −¥1.33B, a net increase of ¥6.39B. GDS Holdings's latest reported quarter, Q3 2019, generated −¥917.2M in free cash flow.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review GDS Holdings filings at SEC.gov ↗