VNET Group, Inc. (VNET)
NASDAQ: VNET · Real-Time Price · USD
9.97
+0.13 (1.37%)
At close: Nov 6, 2025, 4:00 PM EST
9.95
-0.02 (-0.15%)
After-hours: Nov 6, 2025, 5:48 PM EST
VNET Group Revenue
VNET Group had revenue of 2.43B CNY in the quarter ending June 30, 2025, with 22.09% growth. This brings the company's revenue in the last twelve months to 9.05B, up 17.85% year-over-year. In the year 2024, VNET Group had annual revenue of 8.26B with 11.41% growth.
Revenue (ttm)
9.05B CNY
Revenue Growth
+17.85%
P/S Ratio
2.11
Revenue / Employee
3,505,466 CNY
Employees
2,581
Market Cap
2.68B 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% |
| Dec 31, 2019 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2018 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2017 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2016 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
| Dec 31, 2015 | Upgrade Pro | Upgrade Pro | Upgrade Pro |
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.
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VNET News
- 2 days ago - VNET Issues First Holding-Type Real Estate Green Asset-Backed Security in China's IDC Sector under Private REIT Project - PRNewsWire
- 4 weeks ago - VNET Group: Eyes On Latest Order Win And Key Customer's Plans - Seeking Alpha
- 4 weeks ago - VNET Group: Attractive Market Dynamics And Demand Outlook - Seeking Alpha
- 2 months ago - VNET Wins 40MW Wholesale Order from Leading Internet Company for Its New Strategic IDC Campus - PRNewsWire
- 2 months ago - SDHG H1 2025 Profit Soars 506 Percent, Riding Green Energy and Computing Boom - GlobeNewsWire
- 2 months ago - VNET Group, Inc. (VNET) Q2 2025 Earnings Call Transcript - Seeking Alpha
- 2 months ago - VNET Reports Unaudited Second Quarter 2025 Financial Results - PRNewsWire
- 3 months ago - VNET to Announce Unaudited Second Quarter 2025 Financial Results on August 21, 2025 - PRNewsWire