GDS Holdings annual r&d spending
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
GDS Holdings R&D Spending Growth & History (GDS)
GDS Holdings's r&d spending was ¥32.7M for fiscal 2025.
View full GDS Holdings company overviewGDS Holdings annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | ¥32.7M | −¥3.6M | −9.96% |
| 2024 | 2024-12-31 | ¥36.3M | −¥1.8M | −4.82% |
| 2023 | 2023-12-31 | ¥38.2M | ¥6.2M | +19.58% |
| 2022 | 2022-12-31 | ¥31.9M | −¥7.4M | −18.89% |
| 2021 | 2021-12-31 | ¥39.3M | −¥706,000 | −1.76% |
| 2020 | 2020-12-31 | ¥40.0M | ¥18.4M | +85.18% |
| 2019 | 2019-12-31 | ¥21.6M | ¥7.7M | +55.42% |
| 2018 | 2018-12-31 | ¥13.9M | ¥6.7M | +91.64% |
| 2017 | 2017-12-31 | ¥7.3M | −¥1.8M | −20.21% |
| 2016 | 2016-12-31 | ¥9.1M | ¥5.5M | +156.05% |
| 2015 | 2015-12-31 | ¥3.6M | ¥2.0M | +122.54% |
| 2014 | 2014-12-31 | ¥1.6M | — | — |
GDS Holdings quarterly r&d spending
Q3.19
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | ¥7.1M | −¥1.8M | −20.02% |
| Q1 2026 | 2026-03-31 | ¥9.6M | ¥1.7M | +21.21% |
| Q4 2025 | 2025-12-31 | ¥7.7M | — | — |
| Q3 2025 | 2025-09-30 | ¥8.3M | — | — |
| Q2 2025 | 2025-06-30 | ¥8.8M | — | — |
| Q1 2025 | 2025-03-31 | ¥7.9M | — | — |
| Q3 2019 | 2019-09-30 | ¥6.2M | — | — |
GDS Holdings r&d spending trends
Over the last five fiscal years, GDS Holdings's r&d spending decreased from ¥40.0M to ¥32.7M, a change of −¥7.3M. The latest reported quarter, Q2 2026, shows ¥7.1M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review GDS Holdings source filings ↗