VNET Group, Inc. operates as a carrier- and cloud-neutral internet data center services provider in China. 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
09/30/2025
06/30/2025
03/31/2025
12/31/2024
Revenue
9,949
2,687
2,581
2,434
2,246
2,246
Revenue Growth (YoY)
20%
20%
22%
22%
18%
18%
Cost of Revenue
7,756
2,146
2,042
1,886
1,680
1,741
Gross Profit
2,192
540
539
547
565
504
Selling, General & Admin
1,178
323
274
306
274
310
Research & Development
261
78
71
67
43
56
Operating Expenses
1,412
387
333
374
316
267
Other Non Operating Income (Expenses)
37
36
1
0
0
-8
Pretax Income
417
732
-255
111
-171
84
Income Tax Expense
557
388
21
95
52
82
Net Income
-256
299
-307
-11
-237
-11
Net Income Growth
-240%
-2,818%
-197%
-117%
27%
-100%
Shares Outstanding (Diluted)
1,616.02
1,616.02
1,613.72
1,610.48
1,608.79
1,608.39
Shares Change (YoY)
0%
0%
-7%
1%
3%
71%
EPS (Diluted)
-0.15
0.18
-0.19
0
-0.14
0
EPS Growth
-266%
-2,788%
-204%
-119%
24%
-100%
Free Cash Flow
--
--
--
-1,528
-1,630
-1,003
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
22.03%
20.09%
20.88%
22.47%
25.15%
22.43%
Operating Margin
7.83%
5.69%
7.94%
7.1%
11.04%
10.5%
Profit Margin
-2.57%
11.12%
-11.89%
-0.45%
-10.55%
-0.48%
Free Cash Flow Margin
--
--
--
-62.77%
-72.57%
-44.65%
EBITDA
--
--
--
--
--
674
EBITDA Margin
--
--
--
--
--
30%
D&A For EBITDA
--
--
--
--
--
438
EBIT
780
153
205
173
248
236
EBIT Margin
7.83%
5.69%
7.94%
7.1%
11.04%
10.5%
Effective Tax Rate
133.57%
53%
-8.23%
85.58%
-30.4%
97.61%
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 $0, Net loss of $0
What are the key financial ratios for VNET?
VNET Group Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
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 $0
Does VNET Group Inc have any liabilities?
no, VNET Group Inc has liability of 0
How many outstanding shares for VNET Group Inc?
VNET Group Inc has a total outstanding shares of 0