VNET Group, Inc. (VNET) Financials

$8.18

$0.11 (-1.27%)
Last update: 12:53 PM EST
Day's range
$8.01
Day's range
$8.25
$10B$10B$8B$8B$6B$6B$4B$4B$2B$2B$0$0-$2B-$2B-$4B-$4BEarning2018201820192019202020202021202120222022202320232024202410%10%0%0%-10%-10%-20%-20%-30%-30%-40%-40%-50%-50%-60%-60%Profit Margin
Profit Margin
Revenue
Earnings

VNET Income statement / Annual

Last year (2024), VNET Group, Inc.'s total revenue was $8.26 B, an increase of 11.41% from the previous year. In 2024, VNET Group, Inc.'s net income was $183.20 M. See VNET Group, Inc.,s key income statements, including revenue, expenses, profit, and income.

Period FY-2024 FY-2023 FY-2022 FY-2021 FY-2020 FY-2019 FY-2018 FY-2017 FY-2016 FY-2015
Period Ended 12/31/2024 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
Operating Revenue $8.26 B $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
Cost of Revenue $6.43 B $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
Gross Profit $1.83 B $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
Gross Profit Ratio 0.22 0.17 0.19 0.23 0.22 0.25 0.28 0.22 0.2 0.23
Research and Development Expenses $246.61 M $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
General & Administrative Expenses $659.03 M $541.85 M $642.95 M $842.35 M $535.11 M $415.28 M $462.64 M $519.95 M $639.65 M $568.74 M
Selling & Marketing Expenses $263.76 M $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
Selling, General & Administrative Expenses $922.79 M $808.06 M $954.86 M $1.10 B $770.12 M $621.59 M $634.81 M $776.63 M $992.57 M $928.20 M
Other Expenses $0.00 $2.13 B -$24.60 M $18.40 M -$5.23 M -$5.31 M -$19.53 M $1.20 B $410.42 M $34.76 M
Operating Expenses $1.16 B $3.26 B $1.24 B $1.30 B $877.79 M $705.07 M $707.39 M $2.13 B $1.55 B $1.14 B
Cost And Expenses $7.59 B $9.38 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
Interest Income $27.96 M $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
Interest Expense $400.98 M $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
Depreciation & Amortization $1.55 B $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
EBITDA $2.22 B -$366.56 M $1.24 B $2.27 B -$1.21 B $1.01 B $894.99 M -$209.18 M -$116.08 M $454.57 M
EBITDA Ratio 0.27 -0.05 0.18 0.37 -0.25 0.27 0.26 -0.06 -0.03 0.13
Operating Income Ratio 0.08 -0.27 0.02 0 0.02 0.05 0.07 -0.4 -0.23 -0.08
Total Other Income/Expenses Net -$186.79 M -$511.89 M -$751.61 M $643.86 M -$2.70 B -$307.49 M -$213.16 M $306.94 M -$138.54 M -$69.21 M
Income Before Tax $482.65 M -$2.48 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
Income Before Tax Ratio 0.06 -0.33 -0.09 0.11 -0.53 -0.03 0.01 -0.31 -0.27 -0.1
Income Tax Expense $234.23 M $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
Net Income $183.20 M -$2.64 B -$763.92 M $500.10 M -$2.69 B -$182.29 M -$205.07 M -$772.73 M -$633.60 M -$428.10 M
Net Income Ratio 0.02 -0.36 -0.11 0.08 -0.56 -0.05 -0.06 -0.23 -0.17 -0.12
EPS 0.66 -17.58 -5.16 3.42 -22.56 -1.2 -1.8 -6.9 -7.92 -5.22
EPS Diluted 0.66 -17.58 -5.16 3.3 -26.82 -1.2 -1.8 -6.9 -7.92 -5.22
Weighted Average Shares Out $265.60 M $150.19 M $147.80 M $144.23 M $119.42 M $111.47 M $112.46 M $112.09 M $102.86 M $82.01 M
Weighted Average Shares Out Diluted $290.39 M $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
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