VNET Group, Inc. (VNET)

VNET Group Revenue

VNET Group had revenue of 2.25B CNY in the quarter ending March 31, 2025, with 18.34% growth. This brings the company's revenue in the last twelve months to 8.61B, up 14.68% year-over-year. In the year 2024, VNET Group had annual revenue of 8.26B with 11.41% growth.

• Revenue (ttm): 8.61B CNY
• Revenue Growth: +14.68%
• P/S Ratio: 1.97
• Revenue / Employee: 3,334,817 CNY
• Employees: 2,581
• Market Cap: 2.24B USD

Revenue Chart

* This company reports financials in CNY.

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2024	8.26B	846.14M	11.41%
Dec 31, 2023	7.41B	347.70M	4.92%
Dec 31, 2022	7.07B	875.43M	14.14%
Dec 31, 2021	6.19B	1.36B	28.18%
Dec 31, 2020	4.83B	1.04B	27.45%

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.