VNET Group Financial Statements
NASDAQ: VNETTechnologyComputer Software: Programming Data ProcessingUSD
5.53+0.36 (+6.96%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
VNET Group revenue and earnings
VNET Group reported a net loss of $36.0 million, compared with net income of $25.1 million a year earlier. Diluted earnings per share came in at -$0.02.
Summary generated from market data by MetaCap's automated system. Methodology
VNET Group income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | 544.25M | 494.66M | 521.45M | 524.52M |
| Revenue growth (YoY) | — | — | — | — | — | — | +10.03% | -5.14% | -0.59% | -6.51% |
| Cost of Revenue | — | — | — | — | — | — | 409.31M | 357.24M | 404.88M | 421.96M |
| Gross Profit | 313.52M | 251.00M | 182.04M | 196.93M | 225.66M | 164.91M | 134.94M | 137.43M | 116.56M | 102.57M |
| Operating Expenses | 201.94M | 159.29M | 459.64M | 179.36M | 222.31M | 147.03M | 108.77M | 102.89M | 326.91M | 223.58M |
| Research & Development | 37.34M | 33.79M | 45.38M | 44.49M | 29.58M | 17.30M | 12.75M | 13.40M | 22.92M | 21.51M |
| Selling, General & Admin | 153.88M | 126.42M | 113.81M | 138.44M | 172.26M | 118.03M | 89.28M | 92.33M | 119.37M | 142.96M |
| Operating Income | 111.58M | 91.71M | -277.60M | 17.57M | 3.35M | 17.87M | 26.18M | 34.54M | -210.34M | -121.01M |
| Interest Expense | 85.60M | 54.93M | 43.97M | 39.63M | 52.56M | 58.33M | 49.69M | 34.33M | 28.48M | 28.60M |
| Other Income (Expense) | 7.95M | 7.22M | 3.85M | 2.51M | 5.32M | 2.54M | 5.23M | 8.44M | 2.58M | 4.17M |
| Pretax Income | 59.66M | 65.03M | -350.16M | -91.13M | 98.31M | -394.01M | -25.25M | -23.61M | -154.90M | -135.83M |
| Income Tax | 79.72M | 32.09M | 16.11M | 19.35M | 17.48M | 16.76M | 781.00K | 3.55M | -13.86M | -1.61M |
| Net Income | -36.01M | 25.10M | -372.38M | -112.50M | 78.48M | -415.22M | -26.18M | -29.83M | -118.77M | -91.26M |
| Net Income growth (YoY) | -243.49% | — | — | -243.36% | — | — | — | — | — | — |
| EPS (Basic) | -0.02 | 0.02 | -0.41 | -0.13 | 0.09 | -0.69 | -0.04 | -0.04 | -0.21 | -0.20 |
| EPS (Diluted) | -0.02 | 0.00 | -0.41 | -0.13 | -0.06 | -0.69 | -0.04 | -0.04 | -0.21 | -0.20 |
| Shares Outstanding (Basic) | 1.61B | 1.59B | 901.14M | 886.82M | 865.35M | 716.89M | 668.83M | 674.73M | 672.84M | 617.17M |
| Shares Outstanding (Diluted) | 1.61B | 1.74B | 901.14M | 886.82M | 911.59M | 716.89M | 668.83M | 674.73M | 672.84M | 617.17M |
| EBITDA | 415.60M | 310.67M | -23.04M | 248.96M | 202.26M | 169.44M | 137.10M | 116.93M | -129.88M | -51.86M |
| Gross Margin | — | — | — | — | — | — | 24.79% | 27.78% | 22.35% | 19.55% |
| Operating Margin | — | — | — | — | — | — | 4.81% | 6.98% | -40.34% | -23.07% |
| Net Margin | — | — | — | — | — | — | -4.81% | -6.03% | -22.78% | -17.40% |
This table shows 10 annual periods of VNET Group's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow VNET's reporting calendar. What is a income statement?