Core Insights - The company, GDS Holdings Limited, reported a net revenue of 2.8871 billion yuan for Q3 2025, representing a year-on-year growth of 10.2% [1] - The net profit for the same period was 729 million yuan, with an adjusted EBITDA of 1.3422 billion yuan, reflecting an 11.4% increase year-on-year [1] - The adjusted EBITDA margin stood at 46.5%, indicating strong operational efficiency [1] Financial Performance - For Q3 2025, the company achieved a net income of 2.8871 billion yuan, a 10.2% increase compared to the previous year [1] - The net profit was recorded at 729 million yuan, showcasing robust profitability [1] - Adjusted EBITDA reached 1.3422 billion yuan, with a year-on-year growth of 11.4% [1] - The adjusted EBITDA margin was reported at 46.5%, highlighting effective cost management [1] Operational Highlights - The company added 23,300 square meters of data center space in Q3 2025, marking a 10.9% increase year-on-year, bringing the total usage area to 486,600 square meters [1] - The data center utilization rate remained stable at 74.4% for the quarter [1] - The company is on track to achieve its highest annual increase in usage area to date, driven by strong demand [1] Market Outlook - The company is optimistic about the growing demand for artificial intelligence infrastructure, viewing it as a long-term growth catalyst [1] - In Q3 2025, the company signed an additional 11,000 square meters of data center space, a 4.8% increase year-on-year, with total contracted area reaching 656,700 square meters [2] - The company anticipates a total of 300 MW in new data center contracts for the year, with a significant portion related to AI, indicating a notable shift compared to previous years [2]
万国数据第三季度净利润达7.29亿元 人工智能成业务长期增长催化剂