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GDS announced that its net revenue for the second quarter of 2025 was RMB 2.9 billion, an increase of 12.4% year-on-year. The net loss for the second quarter of 2025 was RMB 70.6 million (USD 9.9 million), narrowing from RMB 232 million in the same period last year. Adjusted EBITDA was RMB 1.372 billion, an increase of 11.2% year-on-year. As of June 30, 2025, the total area of signed and pre-signed contracts was 664,000 square meters, an increase of 8.1% year-on-year. The billable area was 479,200 square meters, an increase of 14.1% year-on-year. The operational area was 618,100 square meters, an increase of 6.5% year-on-year
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