GDS Holdings Gross Margin 2016-2024 | GDS
- GDS Holdings average gross margin for 2023 was 20.24%, a 7.07% increase from 2022.
- GDS Holdings average gross margin for 2022 was 21.78%, a 13.12% decline from 2021.
- GDS Holdings average gross margin for 2021 was 25.07%, a 5.68% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.