VNET
Income statement / Annual
Last year (2023), VNET Group, Inc.'s total revenue was $7.41 B,
an increase of 4.92% from the previous year.
In 2023, VNET Group, Inc.'s net income was -$2.64 B.
See VNET Group, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
12/31/2014 |
| Operating Revenue |
$7.41 B
|
$7.07 B
|
$6.19 B
|
$4.83 B
|
$3.79 B
|
$3.40 B
|
$3.39 B
|
$3.64 B
|
$3.63 B
|
$2.88 B
|
| Cost of Revenue |
$6.12 B |
$5.71 B |
$4.75 B |
$3.75 B |
$2.85 B |
$2.46 B |
$2.63 B |
$2.93 B |
$2.78 B |
$2.07 B |
| Gross Profit |
$1.29 B |
$1.36 B |
$1.44 B |
$1.08 B |
$939.45 M |
$944.87 M |
$758.41 M |
$712.14 M |
$853.76 M |
$810.14 M |
| Gross Profit Ratio |
0.17 |
0.19 |
0.23 |
0.22 |
0.25 |
0.28 |
0.22 |
0.2 |
0.23 |
0.28 |
| Research and Development
Expenses |
$322.22 M
|
$306.84 M
|
$188.49 M
|
$112.89 M
|
$88.79 M
|
$92.11 M
|
$149.14 M
|
$149.34 M
|
$142.84 M
|
$121.68 M
|
| General & Administrative
Expenses |
$541.85 M
|
$642.95 M
|
$842.35 M
|
$535.11 M
|
$415.28 M
|
$462.64 M
|
$519.95 M
|
$639.65 M
|
$600.94 M
|
$493.31 M
|
| Selling & Marketing
Expenses |
$266.21 M
|
$311.92 M
|
$255.40 M
|
$235.01 M
|
$206.31 M
|
$172.18 M
|
$256.68 M
|
$352.93 M
|
$359.46 M
|
$287.23 M
|
| Selling, General &
Administrative Expenses |
$808.06 M
|
$954.86 M
|
$1.10 B
|
$770.12 M
|
$621.59 M
|
$634.81 M
|
$776.63 M
|
$992.57 M
|
$960.40 M
|
$780.54 M
|
| Other Expenses |
-$154.67 M |
-$24.60 M |
$18.40 M |
-$5.23 M |
-$5.31 M |
$53.93 M |
-$296,000.00 |
$12.11 M |
$26.73 M |
$25.52 M |
| Operating Expenses |
$1.39 B |
$1.24 B |
$1.30 B |
$877.79 M |
$705.07 M |
$721.30 M |
$957.76 M |
$1.25 B |
$1.09 B |
$902.21 M |
| Cost And Expenses |
$7.51 B |
$6.94 B |
$6.06 B |
$4.63 B |
$3.55 B |
$3.18 B |
$3.59 B |
$4.18 B |
$3.88 B |
$2.97 B |
| Interest Income |
$41.80 M |
$31.57 M |
$31.90 M |
$31.71 M |
$54.61 M |
$45.19 M |
$32.93 M |
$21.08 M |
$53.49 M |
$67.90 M |
| Interest Expense |
$312.17 M |
$273.31 M |
$334.95 M |
$380.61 M |
$345.96 M |
$236.07 M |
$185.31 M |
$198.59 M |
$274.18 M |
$232.02 M |
| Depreciation &
Amortization |
$1.81 B
|
$1.60 B
|
$1.27 B
|
$988.98 M
|
$772.21 M
|
$634.61 M
|
$667.10 M
|
$664.07 M
|
$586.18 M
|
$406.66 M
|
| EBITDA |
$1.59 B
|
$1.76 B
|
$1.01 B
|
-$2.33 B
|
$319.73 M
|
$322.69 M
|
-$166.72 M
|
-$507.37 M
|
-$108.33 M
|
$682,000.00
|
| EBITDA Ratio |
0.22 |
0.25 |
0.16 |
-0.48 |
0.08 |
0.09 |
-0.05 |
-0.14 |
-0.03 |
0 |
| Operating Income Ratio
|
-0.27
|
0.02
|
-0.04
|
0.04
|
-0.12
|
0.07
|
-0.4
|
-0.23
|
-0.08
|
-0.04
|
| Total Other
Income/Expenses Net |
-$2.12 B
|
-$796.54 M
|
$927.10 M
|
-$2.78 B
|
$327.22 M
|
-$8.38 M
|
-$709.86 M
|
-$261.03 M
|
$108.15 M
|
-$55.62 M
|
| Income Before Tax |
-$2.49 B |
-$630.46 M |
$665.17 M |
-$2.58 B |
-$125.26 M |
$24.32 M |
-$1.06 B |
-$979.10 M |
-$353.45 M |
-$311.80 M |
| Income Before Tax Ratio
|
-0.34
|
-0.09
|
0.11
|
-0.53
|
-0.03
|
0.01
|
-0.31
|
-0.27
|
-0.1
|
-0.11
|
| Income Tax Expense |
$114.37 M |
$133.46 M |
$111.41 M |
$109.34 M |
$5.44 M |
$24.41 M |
-$90.17 M |
-$11.16 M |
$47.83 M |
$16.67 M |
| Net Income |
-$2.64 B |
-$763.92 M |
$500.10 M |
-$2.69 B |
-$130.69 M |
-$205.07 M |
-$772.73 M |
-$817.00 M |
-$428.10 M |
-$348.48 M |
| Net Income Ratio |
-0.36 |
-0.11 |
0.08 |
-0.56 |
-0.03 |
-0.06 |
-0.23 |
-0.22 |
-0.12 |
-0.12 |
| EPS |
-17.6 |
-5.17 |
3.42 |
-22.54 |
-1.17 |
-1.82 |
-6.89 |
-7.94 |
-5.22 |
-5.22 |
| EPS Diluted |
-17.6 |
-5.17 |
-2.16 |
-22.52 |
-1.17 |
-1.82 |
-6.89 |
-7.94 |
-5.22 |
-5.21 |
| Weighted Average Shares
Out |
$150.19 M
|
$147.80 M
|
$151.93 M
|
$119.42 M
|
$111.47 M
|
$112.46 M
|
$112.09 M
|
$102.86 M
|
$82.01 M
|
$66.73 M
|
| Weighted Average Shares
Out Diluted |
$150.19 M
|
$147.80 M
|
$151.93 M
|
$119.48 M
|
$111.47 M
|
$112.46 M
|
$112.14 M
|
$102.86 M
|
$82.01 M
|
$66.89 M
|
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