GDS Holdings Posts Q2 2026 Net Profit, Revenue Up 6.5%, Shares Rise Over 9%
GDS Holdings reported Q2 2026 net revenue of RMB3.088 billion, up 6.5% year on year, and a net profit of RMB838 million, reversing a net loss of RMB70.584 million in the same period of 2025. The company’s contracted and pre-contracted area totaled 784,800 square meters as of end-June 2026, up 18.2% year on year and 8.2% quarter on quarter. Shares in Hong Kong jumped over 9% to HK$33.98.
GDS Holdings traded actively on the Hong Kong Stock Exchange, opening more than 9% higher. As of the time of writing, the stock was at HK$33.98, up 9.47%, with turnover exceeding HK$460,000.
The company released its second-quarter results. During the period, net revenue increased 6.5% year on year to RMB3.088 billion; net profit was RMB838 million, compared with a net loss of RMB70.584 million in the same period of 2025, achieving a year-on-year turnaround to profitability.
As of the end of the second quarter of 2026, the company had 784,800 square meters of contracted and pre-contracted area, up 18.2% year on year and 8.2% quarter on quarter. During the second quarter, total contracted area increased by 64,800 square meters, with net contracted area growth of 59,300 square meters.