VNET Group, Inc. (VNET)
NASDAQ: VNET · IEX Real-Time Price · USD
1.580
-0.080 (-4.82%)
Apr 26, 2024, 4:00 PM EDT - Market closed

VNET Group Revenue

In the year 2023, VNET Group had annual revenue of $1.05B with 3.15% growth. Revenue in the quarter ending December 31, 2023 was $267.77M, a -0.76% decrease year-over-year.

Revenue (ttm)
$1.05B
Revenue Growth
+3.15%
P/S Ratio
0.41
Revenue / Employee
$317,506
Employees
3,293
Market Cap
427.23M 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