VNET Group, Inc. (VNET)
NASDAQ: VNET · Real-Time Price · USD
5.91
-0.12 (-1.99%)
At close: Jun 6, 2025, 4:00 PM
5.98
+0.07 (1.18%)
After-hours: Jun 6, 2025, 4:46 PM EDT

VNET Group Income Statement

Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year
TTM FY 2024 FY 2023 FY 2022 FY 2021 FY 2020 2015 - 2019
Period Ending
Mar '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20 2015 - 2019
Revenue
8,6078,2597,4137,0656,1904,829
Upgrade
Revenue Growth (YoY)
14.68%11.41%4.92%14.14%28.18%27.45%
Upgrade
Cost of Revenue
6,6206,4276,1205,7074,7523,753
Upgrade
Gross Profit
1,9871,8321,2921,3581,4381,076
Upgrade
Selling, General & Admin
868.86922.79808.06954.861,098770.12
Upgrade
Research & Development
214.83246.61322.22306.84188.49112.89
Upgrade
Other Operating Expenses
-112.1-114.59-106.27-60.01--7.62
Upgrade
Operating Expenses
1,1151,1631,3931,2371,305877.79
Upgrade
Operating Income
871.56669.44-100.02121.16133.39198.22
Upgrade
Interest Expense
-363.95-400.98-312.17-273.31-334.95-380.61
Upgrade
Interest & Investment Income
22.5827.9641.831.5731.931.71
Upgrade
Earnings From Equity Investments
8.587.973.281.93-38.6710.87
Upgrade
Currency Exchange Gain (Loss)
18.65-19.24-78.97-523.24110.04228.13
Upgrade
Other Non Operating Income (Expenses)
-317.3425.4411.26-9.2711.22-20.37
Upgrade
EBT Excluding Unusual Items
240.07310.59-434.82-651.16-87.0767.95
Upgrade
Impairment of Goodwill
---1,364---
Upgrade
Gain (Loss) on Sale of Investments
---11.17--6.3-13.03
Upgrade
Asset Writedown
---506.69--109.27-81.62
Upgrade
Other Unusual Items
172.06172.06-165.9322.63829.15-2,544
Upgrade
Pretax Income
412.13482.65-2,483-628.53626.51-2,571
Upgrade
Income Tax Expense
224.91234.23114.37133.46111.41109.34
Upgrade
Earnings From Continuing Operations
187.23248.42-2,597-761.99515.1-2,680
Upgrade
Minority Interest in Earnings
-54.58-65.22-46.67-13.96-15-29.09
Upgrade
Net Income
132.65183.2-2,644-775.95500.1-2,709
Upgrade
Preferred Dividends & Other Adjustments
15.0815.08--5.83493.45
Upgrade
Net Income to Common
117.57168.12-2,644-775.95494.27-3,203
Upgrade
Shares Outstanding (Basic)
267266150148144119
Upgrade
Shares Outstanding (Diluted)
292290150148152119
Upgrade
Shares Change (YoY)
63.61%93.35%1.62%-2.72%27.16%7.18%
Upgrade
EPS (Basic)
0.440.63-17.60-5.253.43-26.81
Upgrade
EPS (Diluted)
-0.040.14-17.60-5.25-2.14-26.82
Upgrade
Free Cash Flow
-3,777-2,918-903.97-555.39-1,304-1,759
Upgrade
Free Cash Flow Per Share
-12.93-10.05-6.02-3.76-8.58-14.72
Upgrade
Gross Margin
23.08%22.18%17.44%19.23%23.23%22.28%
Upgrade
Operating Margin
10.13%8.11%-1.35%1.71%2.15%4.11%
Upgrade
Profit Margin
1.37%2.04%-35.66%-10.98%7.99%-66.32%
Upgrade
Free Cash Flow Margin
-43.88%-35.34%-12.19%-7.86%-21.07%-36.43%
Upgrade
EBITDA
2,5182,2681,7071,7171,4011,187
Upgrade
EBITDA Margin
29.25%27.46%23.03%24.30%22.63%24.59%
Upgrade
D&A For EBITDA
1,6461,5981,8071,5961,268988.98
Upgrade
EBIT
871.56669.44-100.02121.16133.39198.22
Upgrade
EBIT Margin
10.13%8.11%-1.35%1.71%2.15%4.11%
Upgrade
Effective Tax Rate
54.57%48.53%--17.78%-
Upgrade
Advertising Expenses
-9.369.836.837.277.78
Upgrade
Updated May 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q