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VNET Group Inc. (VNET)

NASDAQ: VNET · Real-Time Price · USD

6.59

-0.31 (-4.49%)

At close: Jul 01, 2025, 3:59 PM

6.67

1.14%

After-hours: Jul 01, 2025, 07:14 PM EDT

VNET Income Statement

Financials in CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	8.26B	7.41B	7.07B	6.19B	4.83B	3.79B	3.4B	3.39B	3.64B
Cost of Revenue	6.43B	6.12B	5.71B	4.75B	3.75B	2.85B	2.46B	2.63B	2.93B
Gross Profit	1.83B	1.29B	1.36B	1.44B	1.08B	939.45M	944.87M	758.41M	712.14M
Operating Income	669.44M	-1.97B	121.16M	21.31M	116.6M	182.23M	237.48M	-1.37B	-840.2M
Interest Income	n/a	41.8M	31.57M	31.9M	31.71M	54.61M	45.19M	32.92M	21.08M
Pretax Income	482.65M	-2.48B	-630.46M	665.17M	-2.58B	-125.26M	24.32M	-1.06B	-979.1M
Net Income	183.2M	-2.64B	-763.92M	500.1M	-2.69B	-182.29M	-205.06M	-772.73M	-633.6M
Selling & General & Admin	1.03B	808.06M	954.86M	1.1B	770.12M	621.59M	634.81M	776.63M	992.57M
Research & Development	246.61M	322.22M	306.84M	188.49M	112.89M	88.79M	92.11M	149.14M	149.34M
Other Expenses	-114.58M	2.13B	-24.6M	18.4M	-5.23M	-5.3M	-19.53M	1.2B	410.42M
Operating Expenses	1.16B	3.26B	1.24B	1.3B	877.79M	705.07M	707.39M	2.13B	1.55B
Interest Expense	400.98M	312.17M	273.31M	334.95M	380.61M	345.95M	236.07M	185.31M	198.59M
Selling & Marketing Expenses	263.76M	266.21M	311.92M	255.4M	235.01M	206.31M	172.18M	256.68M	352.93M
Cost & Expenses	7.59B	9.38B	6.94B	6.06B	4.63B	3.55B	3.18B	3.59B	4.18B
Income Tax Expense	234.23M	114.37M	133.46M	111.41M	109.34M	5.44M	24.41M	-90.17M	-11.16M
Shares Outstanding (Basic)	265.6M	150.19M	147.8M	144.23M	119.42M	111.47M	112.45M	112.09M	102.86M
Shares Outstanding (Diluted)	290.39M	150.19M	147.8M	151.93M	119.48M	111.47M	112.45M	112.14M	102.86M
EPS (Basic)	0.66	-17.58	-5.16	3.42	-22.56	-1.2	-1.8	-6.9	-7.92
EPS (Diluted)	0.66	-17.58	-5.16	3.30	-26.82	-1.2	-1.8	-6.9	-7.92
EBITDA	2.22B	-366.56M	1.24B	2.27B	-1.21B	1.01B	894.99M	-209.18M	-116.08M
EBIT	669.44M	-2.17B	-357.15M	1B	-2.2B	234.38M	260.38M	-876.28M	-780.14M
Depreciation & Amortization	1.55B	1.81B	1.6B	1.27B	988.98M	772.21M	634.61M	667.1M	664.07M