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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and GDS Holdings Ltd (GDS). Click either name above to swap in a different company.

EAST WEST BANCORP INC is the larger business by last-quarter revenue ($774.0M vs $405.6M, roughly 1.9× GDS Holdings Ltd). EAST WEST BANCORP INC runs the higher net margin — 46.3% vs -0.1%, a 46.3% gap on every dollar of revenue.

East West Bank is an American bank that is the primary subsidiary of East West Bancorp. It is the largest publicly traded bank headquartered in Southern California. The company has been ranked the #1 performing U.S. bank with more than $10 billion in assets by S&P Global Market Intelligence, and the top performing bank in its asset size by Bank Director for three straight years since 2023.

Amadeus IT Group, S.A. is a major Spanish multinational technology company that provides software for the global travel and tourism industry. It is the world's leading provider of travel technology that focus on developing software for airlines, hotels, travel agencies, and other travel-related businesses.

EWBC vs GDS — Head-to-Head

Bigger by revenue
EWBC
EWBC
1.9× larger
EWBC
$774.0M
$405.6M
GDS
Higher net margin
EWBC
EWBC
46.3% more per $
EWBC
46.3%
-0.1%
GDS

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
EWBC
EWBC
GDS
GDS
Revenue
$774.0M
$405.6M
Net Profit
$358.0M
$-373.0K
Gross Margin
22.1%
Operating Margin
Net Margin
46.3%
-0.1%
Revenue YoY
11.8%
Net Profit YoY
0.4%
EPS (diluted)
$2.57

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EWBC
EWBC
GDS
GDS
Q1 26
$774.0M
Q4 25
$657.8M
Q3 25
$677.5M
$405.6M
Q2 25
$617.1M
$404.9M
Q1 25
$600.2M
$375.3M
Q4 24
$587.6M
Q3 24
$572.7M
$422.6M
Q2 24
$553.2M
$388.9M
Net Profit
EWBC
EWBC
GDS
GDS
Q1 26
$358.0M
Q4 25
$356.3M
Q3 25
$368.4M
$-373.0K
Q2 25
$310.3M
$-240.0K
Q1 25
$290.3M
$-145.0K
Q4 24
$293.1M
Q3 24
$299.2M
$-32.9M
Q2 24
$288.2M
$-31.9M
Gross Margin
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
Q3 25
22.1%
Q2 25
23.8%
Q1 25
23.7%
Q4 24
Q3 24
22.2%
Q2 24
22.6%
Operating Margin
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
71.0%
Q3 25
68.6%
Q2 25
65.2%
Q1 25
65.2%
Q4 24
60.6%
Q3 24
68.0%
10.8%
Q2 24
65.9%
11.2%
Net Margin
EWBC
EWBC
GDS
GDS
Q1 26
46.3%
Q4 25
54.2%
Q3 25
54.4%
-0.1%
Q2 25
50.3%
-0.1%
Q1 25
48.4%
-0.0%
Q4 24
49.9%
Q3 24
52.2%
-7.8%
Q2 24
52.1%
-8.2%
EPS (diluted)
EWBC
EWBC
GDS
GDS
Q1 26
$2.57
Q4 25
$2.55
Q3 25
$2.65
Q2 25
$2.24
Q1 25
$2.08
Q4 24
$2.10
Q3 24
$2.14
Q2 24
$2.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EWBC
EWBC
GDS
GDS
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$3.6B
Total Assets
$82.9B
$11.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
$4.2B
Q3 25
$4.7B
Q2 25
$4.4B
Q1 25
$3.4B
Q4 24
$5.3B
Q3 24
$4.9B
Q2 24
$4.4B
Total Debt
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
$35.6M
Q3 25
$35.7M
Q2 25
$35.8M
Q1 25
$35.9M
Q4 24
$36.0M
Q3 24
$36.1M
Q2 24
$36.1M
Stockholders' Equity
EWBC
EWBC
GDS
GDS
Q1 26
$9.0B
Q4 25
$8.9B
Q3 25
$8.6B
$3.6B
Q2 25
$8.2B
$3.4B
Q1 25
$7.9B
$3.2B
Q4 24
$7.7B
Q3 24
$7.7B
$2.7B
Q2 24
$7.2B
$2.6B
Total Assets
EWBC
EWBC
GDS
GDS
Q1 26
$82.9B
Q4 25
$80.4B
Q3 25
$79.7B
$11.0B
Q2 25
$78.2B
$11.1B
Q1 25
$76.2B
$10.1B
Q4 24
$76.0B
Q3 24
$74.5B
$11.7B
Q2 24
$72.5B
$10.9B
Debt / Equity
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.01×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EWBC
EWBC
GDS
GDS
Operating Cash FlowLast quarter
$103.5M
Free Cash FlowOCF − Capex
$-96.3M
FCF MarginFCF / Revenue
-23.7%
Capex IntensityCapex / Revenue
49.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
$713.4M
Q3 25
$231.7M
$103.5M
Q2 25
$278.7M
$120.8M
Q1 25
$277.9M
Q4 24
$500.1M
Q3 24
$386.1M
$91.4M
Q2 24
$259.2M
Free Cash Flow
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
Q3 25
$-96.3M
Q2 25
$-55.8M
Q1 25
Q4 24
Q3 24
$-321.7M
Q2 24
FCF Margin
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
Q3 25
-23.7%
Q2 25
-13.8%
Q1 25
Q4 24
Q3 24
-76.1%
Q2 24
Capex Intensity
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
Q3 25
49.2%
Q2 25
43.6%
Q1 25
Q4 24
Q3 24
97.7%
Q2 24
Cash Conversion
EWBC
EWBC
GDS
GDS
Q1 26
Q4 25
2.00×
Q3 25
0.63×
Q2 25
0.90×
Q1 25
0.96×
Q4 24
1.71×
Q3 24
1.29×
Q2 24
0.90×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

GDS
GDS

Service revenue$405.5M100%
Equipment sales$2.8M1%

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