VNET Group, Inc. (VNET)
NASDAQ: VNET · IEX Real-Time Price · USD
2.090
-0.040 (-1.88%)
At close: Jul 19, 2024, 4:00 PM
2.050
-0.040 (-1.91%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

VNET Group Revenue

VNET Group had revenue of $1.04B in the twelve months ending March 31, 2024. Revenue in the quarter ending March 31, 2024 was $263.63M with 0.30% year-over-year growth. In the year 2023, VNET Group had annual revenue of $1.05B with 3.15% growth.

Revenue (ttm)
$1.04B
Revenue Growth
-0.89%
P/S Ratio
0.52
Revenue / Employee
$343,120
Employees
3,038
Market Cap
539.39M USD

Revenue Chart

* The company reports in CNY currency but revenue data is shown in USD.

History

Fiscal Year End Revenue Change Growth
Dec 31, 20231.05B31.88M3.15%
Dec 31, 20221.01B46.51M4.81%
Dec 31, 2021967.16M228.77M30.98%
Dec 31, 2020738.38M197.10M36.41%
Dec 31, 2019541.28M49.09M9.97%
Dec 31, 2018492.19M-20.64M-4.03%
Dec 31, 2017512.83M-14.96M-2.83%
Dec 31, 2016527.79M-32.09M-5.73%
Dec 31, 2015559.88M95.49M20.56%
Dec 31, 2014464.39M140.16M43.23%
Dec 31, 2013324.23M79.81M32.65%
Dec 31, 2012244.42M82.47M50.93%
Dec 31, 2011161.95M82.38M103.52%
Dec 31, 201079.57M33.63M73.21%
Dec 31, 200945.94M10.65M30.19%
Dec 31, 200835.29M--
Sources: Historical revenue is based on company filings submitted to the U.S. Securities and Exchange Commission (SEC). The most recent revenue numbers may be taken from company press releases.

Revenue Definition

Revenue, also called sales, is the amount of money a company receives from its business activities, such as sales of products or services. Revenue does not take any expenses into account and is therefore different from profits.

Full Definition

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Revenue Rankings