VNET Group, Inc. operates as a carrier- and cloud-neutral internet data center services provider in China. The company is headquartered in Beijing, Beijing and currently employs 2,581 full-time employees. The company went IPO on 2011-04-21. The Company’s services include managed hosting services, cloud services and virtual private network (VPN) services. Managed hosting services consisting of managed retail services and managed wholesale services. Cloud services allow customers to run their applications over the Internet using the information technology (IT) infrastructure. VPN services extend customers’ private networks by setting up secure and dedicated connections through the public Internet. The firm mainly operates its businesses in the domestic market.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
9,949
9,949
8,259
7,412
7,065
6,189
Revenue Growth (YoY)
20%
20%
11%
5%
14%
28%
Cost of Revenue
7,756
7,756
6,426
6,120
5,707
4,751
Gross Profit
2,192
2,192
1,832
1,292
1,358
1,438
Selling, General & Admin
1,178
1,178
998
1,136
953
1,092
Research & Development
261
261
220
272
267
155
Operating Expenses
1,412
1,412
1,162
1,392
1,237
1,304
Other Non Operating Income (Expenses)
37
37
25
11
-9
-5
Pretax Income
417
417
474
-2,486
-630
665
Income Tax Expense
557
557
234
114
133
111
Net Income
-256
-256
183
-2,643
-776
494
Net Income Growth
-240%
-240%
-107%
241%
-257%
-118%
Shares Outstanding (Diluted)
1,762.6
1,612.27
1,742.34
901.14
886.8
911.6
Shares Change (YoY)
10%
-7%
93%
2%
-3%
27%
EPS (Diluted)
-0.14
-0.15
0.1
-2.93
-0.87
0.54
EPS Growth
-245%
-250.99%
-104%
237%
-261%
-113.99%
Free Cash Flow
--
--
-3,123
-997
-660
-1,438
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
22.03%
22.03%
22.18%
17.43%
19.22%
23.23%
Operating Margin
7.83%
7.83%
8.1%
-1.34%
1.71%
2.14%
Profit Margin
-2.57%
-2.57%
2.21%
-35.65%
-10.98%
7.98%
Free Cash Flow Margin
--
--
-37.81%
-13.45%
-9.34%
-23.23%
EBITDA
--
--
727
-11
196
190
EBITDA Margin
--
--
8.8%
-0.14%
2.77%
3.06%
D&A For EBITDA
--
--
58
89
75
57
EBIT
780
780
669
-100
121
133
EBIT Margin
7.83%
7.83%
8.1%
-1.34%
1.71%
2.14%
Effective Tax Rate
133.57%
133.57%
49.36%
-4.58%
-21.11%
16.69%
Follow-Up Questions
What are VNET Group Inc's key financial statements?
According to the latest financial statement (Form-10K), VNET Group Inc has a total asset of $44,594, Net loss of $-256
What are the key financial ratios for VNET?
VNET Group Inc's Current ratio is 1.16, has a Net margin is -2.57, sales per share of $6.17.
How is VNET Group Inc's revenue broken down by segment or geography?
VNET Group Inc largest revenue segment is Hosting and Related Services, at a revenue of 1,046,280,878 in the most earnings release.For geography, China is the primary market for VNET Group Inc, at a revenue of 1,046,280,878.
Is VNET Group Inc profitable?
no, according to the latest financial statements, VNET Group Inc has a net loss of $-256
Does VNET Group Inc have any liabilities?
yes, VNET Group Inc has liability of 38,375
How many outstanding shares for VNET Group Inc?
VNET Group Inc has a total outstanding shares of 0