GDS-SW's stock surged 8.82% during intraday trading on Wednesday, following the release of its robust 2025 financial performance and optimistic guidance for the coming year.

The data center operator reported a 10.8% year-on-year increase in net revenue to RMB 11.43 billion, with net profit reaching RMB 959.4 million. Adjusted EBITDA also grew by 10.8% to RMB 5.40 billion. Operational metrics showed strength, with billed area increasing 11.4% and the total contracted and pre-contracted area rising 6.4%.

Management provided encouraging guidance for 2026, expecting total revenue to grow approximately 8.5% to 12.8% and adjusted EBITDA to increase about 6.4% to 11.0%. The company highlighted its recent successful capital raising of $685 million, which strengthens its financial position for capacity expansion. Executive commentary emphasized confidence in accelerating demand driven by artificial intelligence, viewing AI as a transformative catalyst for long-term success.