VNET
VNET Group Inc DRC
NASDAQ: VNET · TECHNOLOGY · INFORMATION TECHNOLOGY SERVICES
$8.30
-2.35% today
Updated 2026-04-29
Market cap
$2.36B
P/E ratio
—
P/S ratio
0.24x
EPS (TTM)
$-0.14
Dividend yield
—
52W range
$5 – $14
Volume
6.5M
VNET Group Inc DRC (VNET) Financial statements
SEC filings — annual and quarterly data.
Profit margin
-2.53%
Operating margin
5.69%
ROE
-1.72%
ROA
1.27%
Debt/equity
—
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2009 | $313.63M | $-5.92M | 26.89% | 8.65% | -1.89% |
| 2010 | $525.20M | $-255.39M | 24.44% | -44.33% | -48.63% |
| 2011 | $1.02B | $18.44M | 27.09% | 1.46% | 1.81% |
| 2012 | $1.52B | $56.32M | 27.93% | 5.31% | 3.70% |
| 2013 | $1.97B | $-48.23M | 26.28% | 2.12% | -2.45% |
| 2014 | $2.88B | $-348.48M | 28.16% | -3.99% | -12.11% |
| 2015 | $3.63B | $-428.10M | 23.49% | -7.82% | -11.78% |
| 2016 | $3.64B | $-633.60M | 19.55% | -23.07% | -17.40% |
| 2017 | $3.39B | $-772.73M | 22.35% | -40.34% | -22.78% |
| 2018 | $3.40B | $-205.06M | 27.78% | 6.98% | -6.03% |
| 2019 | $3.79B | $-182.29M | 24.79% | 4.81% | -4.81% |
| 2020 | $4.83B | $-2.71B | 22.28% | 2.41% | -56.11% |
| 2021 | $6.19B | $500.10M | 23.23% | 0.34% | 8.08% |
| 2022 | $7.19B | $-789.58M | 18.15% | 0.87% | -10.98% |
| 2023 | $7.41B | $-2.64B | 17.44% | -26.59% | -35.67% |
| 2024 | $8.26B | $183.20M | 22.18% | 8.11% | 2.22% |
| 2025 | $9.68B | $-249.78M | 22.04% | 7.56% | -2.58% |