VNET Group, Inc. Financial Summary

Complete Filing Data

VNET Group, Inc. reported Stockholders Equity Including Portion Attributable To Noncontrolling Interest of $948.15 million for FY2024.

All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean VNET Group, Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.

Income Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Net Income *$183.2M-$2.64B-$776.0M$500.1M-$2.71B-$182.3M-$205.1M-$772.7M-$633.6M-$428.1M-$348.5M-$48.2M$56.3M$18.4M-$255.4M-$5.9M
Revenue *$544.3M$3.40B$3.39B$3.64B$3.63B$2.88B$1.97B$1.52B$1.02B$525.2M$313.6M
Selling And Marketing Expense$263.8M$266.2M$311.9M$255.4M$235.0M$206.3M$172.2M$256.7M$352.9M$359.5M$287.2M$154.5M$109.9M$80.9M$51.4M$24.1M
Research And Development Expense$246.6M$322.2M$306.8M$188.5M$112.9M$88.8M$92.1M$149.1M$149.3M$142.8M$121.7M$77.8M$63.9M$34.7M$19.9M$7.6M
Other Nonoperating Income$52.7M$27.3M$17.3M$33.9M$16.5M$36.4M$58.0M$16.8M$28.9M$30.4M$26.6M$6.2M$11.6M$1.9M$1.2M$694.0K
Other Nonoperating Expense$27.3M$16.1M$26.6M$22.7M$36.9M$5.6M$4.1M$17.1M$16.4M$3.7M$1.0M$2.1M$2.2M$520.0K$906.0K$1.2M
Operating Income Loss$669.4M-$1.97B$121.2M$21.3M$116.6M$182.2M$237.5M-$1.37B-$840.2M-$284.2M-$114.7M$41.8M$80.9M$14.9M-$232.8M$27.1M
Net Income Loss Attributable To Noncontrolling Interest$8.9M$46.7M$14.0M$15.0M$29.1M$1.0M$18.3M-$144.9M-$298.3M$26.8M$20.0M$1.2M$1.3M$27.5M$7.7M$2.0M
Interest Expense$54.9M$312.2M$273.3M$335.0M$380.6M$346.0M$236.1M$185.3M$198.6M$274.2M$232.0M$136.8M$11.4M$4.4M$2.8M$416.0K
Income Tax Expense Benefit$234.2M$114.4M$133.5M$111.4M$109.3M$5.4M$24.4M-$90.2M-$11.2M$47.8M$16.7M$10.3M$36.2M$13.7M$1.6M-$32.9M
Gross Profit$1.83B$1.29B$1.36B$1.44B$1.08B$939.4M$944.9M$758.4M$712.1M$853.8M$810.1M$516.9M$425.7M$276.6M$128.3M$84.3M
General And Administrative Expense$90.3M$541.9M$642.9M$842.4M$535.1M$415.3M$462.6M$520.0M$639.6M$568.7M$483.4M$186.9M$153.5M$82.9M$282.3M$25.5M
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest$244.3M-$2.62B-$660.5M$480.2M-$2.81B-$189.3M-$98.1M-$1.04B-$789.4M-$359.8M-$311.6M-$72.2M$55.1M-$10.3M-$246.9M-$3.9M
Deferred Income Tax Expense Benefit-$1.8M-$43.2M$17.9M$325.0K-$22.5M-$64.9M-$19.8M-$128.0M-$65.9M-$20.3M-$28.7M-$19.6M-$9.3M-$18.5M-$9.1M-$5.0M
Other Comprehensive Income Loss Net Of Tax-$570.0K-$25.4M$101.5M-$34.9M-$133.4M-$8.1M$88.7M-$121.0M$142.5M$41.5M$16.8M-$25.2M-$2.6M-$56.3M
Hosting And Related Services Revenue$8.26B$7.41B$7.07B$6.19B$4.83B$3.79B$3.40B$2.98B$2.67B$2.37B$1.51B$1.26B$866.9M$614.6M$374.9M$284.8M
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest$8.9M$46.7M$14.0M$15.0M$29.1M$1.0M$18.3M-$144.9M-$298.3M$26.8M$20.0M-$1.2M-$1.3M$27.5M
Comprehensive Income Net Of Tax$179.0M-$2.67B-$674.5M$465.2M-$2.84B-$190.4M-$116.4M-$893.7M-$491.1M-$386.6M-$331.6M-$73.4M$53.7M-$37.8M
Income Loss From Equity Method Investments$8.0M$3.3M$1.9M-$38.7M$10.9M-$50.6M-$186.6M$53.8M$35.7M$52.4M-$671.0K-$1.4M-$1.1M$0.00
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax-$21.5M-$25.4M$101.5M-$22.8M-$133.4M-$8.1M$89.1M-$121.0M$142.5M$41.5M$17.0M-$25.2M-$2.6M-$56.3M
Accrued Income Taxes Current$9.5M$35.2M$42.0M$43.8M$29.0M$48.0M$13.1M$13.3M$21.9M$50.0M$35.0M$11.5M$23.5M$895.0K$3.5M
Operating Expenses Net$159.3M$3.26B$1.24B$1.42B$959.4M$757.2M$707.4M$2.13B$1.55B$1.14B$924.8M$475.1M
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments$474.7M-$2.49B-$630.5M$665.2M-$2.58B-$125.3M$24.3M-$1.06B-$978.7M-$405.8M-$311.1M
Cost Of Goods And Services Sold$409.3M$2.46B$2.63B$2.93B$2.78B$2.07B$1.45B$1.10B$744.4M$396.9M$229.3M
Income Loss From Continuing Operations Per Diluted Share$0.01-$3.39$0.32
Income Loss From Continuing Operations Per Basic Share$0.01-$3.39$0.81

Balance Sheet

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009FY2008
Stockholders Equity *$872.1M$6.01B$6.61B$7.24B$6.56B$4.95B$5.09B$5.05B$6.13B$4.01B$2.20B$2.46B$1.87B$262.6M-$829.9M-$970.9M-$1.04B
Cash And Cash Equivalents At Carrying Value$204.5M$2.24B$2.66B$1.37B$2.71B$1.81B$2.36B$1.95B$1.30B$1.69B$644.4M$1.46B$432.3M$410.4M$83.3M$72.0M$75.3M
Goodwill$1.36B$194.2M$995.0M$989.5M$989.5M$989.5M$1.76B$1.76B$1.76B$410.5M$296.7M$217.4M$170.2M
Intangible Assets Net Excluding Goodwill$1.40B$1.38B$1.50B$900.3M$1.55B$1.22B$355.3M$401.1M$977.3M$1.27B$1.40B$336.9M$303.9M$159.4M$157.1M
Allowance For Doubtful Accounts And Notes Receivable Current$189.5M$188.4M$134.6M$99.6M$68.9M$67.8M$71.0M$73.7M$80.9M$40.1M$10.4M$547.0K
Restricted Cash And Cash Equivalents At Carrying Value$74.8M$2.85B$327.7M$327.8M$270.5M$478.9M$265.2M$242.5M$1.96B$195.2M$161.6M$193.0M$191.8M$727.0K$4.4M
Purchase Of Property And Equipment Through Capital Leases$37.5M$144.5M$284.0M$217.2M$357.6M$884.9M$453.8M$240.5M$87.5M$231.9M$262.7M-$10.8M$25.9M$61.7M$12.3M
Accumulated Other Comprehensive Income Loss Net Of Tax-$18.5M-$14.3M$11.0M-$90.4M-$55.5M$77.9M$86.0M-$2.7M$118.3M-$24.2M-$65.8M-$82.6M-$57.4M-$54.8M$1.5M
Restricted Cash And Cash Equivalents Noncurrent$42.8M$882.0K$500.0K$8.2M$135.6M$69.8M$37.3M$3.3M$33.5M$128.5M$121.4M$219.1M$221.6M
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents$285.1M$5.10B$2.99B$1.71B$3.12B$2.36B$2.66B$2.20B$3.29B$2.01B
Payment To Acquire Property And Equipment Through Capital Leases$102.6M$210.9M$231.0M$579.7M$376.2M$333.6M$279.9M$199.1M$23.6M$81.5M$32.0M$0.00$0.00
Retained Earnings Accumulated Deficit-$1.49B-$11.02B-$8.37B-$7.59B-$7.24B-$4.04B-$3.84B-$3.63B-$2.87B-$2.23B-$1.79B-$1.43B-$1.37B-$225.3M-$1.36B
Property Plant And Equipment Net$2.36B$13.02B$11.96B$10.09B$8.11B$5.44B$4.03B$3.32B$3.78B$3.65B$3.04B$1.40B$822.7M$72.1M$197.0M
Prepaid Expense And Other Assets Current$2.79B$2.38B$2.15B$2.05B$1.87B$1.62B$1.16B$933.8M$777.1M$642.6M$309.4M$154.9M$95.8M$47.6M$14.4M
Minority Interest$76.0M$500.0M$372.2M$358.8M$332.5M$278.6M$269.0M$151.5M$25.8M$19.4M$24.0M$16.2M$18.5M$2.7M$120.4M
Liabilities Noncurrent$16.09B$12.43B$13.63B$10.31B$6.35B$4.57B$3.60B$2.94B$1.20B$3.20B$3.65B$2.59B$277.5M$270.7M$233.4M
Liabilities Current$9.34B$11.44B$6.33B$5.18B$6.12B$4.47B$2.19B$1.76B$4.37B$2.82B$2.99B$1.06B$810.1M$462.5M$210.6M
Liabilities And Stockholders Equity$32.36B$30.39B$26.95B$23.10B$19.37B$14.27B$11.15B$9.91B$12.42B$10.85B$9.64B$6.13B$2.98B$381.8M$725.6M
Liabilities$3.48B$23.87B$19.97B$15.49B$12.48B$9.04B$5.79B$4.71B$5.57B$6.02B$6.64B$3.66B$1.09B$733.2M$444.0M
Deferred Government Grants Noncurrent$273.8M$145.1M$2.7M$2.3M$4.1M$5.9M$11.6M$17.9M$25.9M$31.3M$27.4M$18.0M$18.8M$5.8M$5.4M
Assets Noncurrent$3.50B$20.56B$19.90B$17.77B$13.32B$9.05B$6.47B$5.66B$7.26B$7.38B$6.77B$2.53B$1.71B$135.3M$531.6M
Assets Current$934.4M$9.82B$7.05B$5.32B$6.06B$5.23B$4.68B$4.25B$5.16B$3.47B$2.87B$3.60B$1.26B$246.5M$194.0M
Assets$32.36B$30.39B$26.95B$23.10B$19.37B$14.27B$11.15B$9.91B$12.42B$10.85B$9.64B$6.13B$2.98B$381.8M$725.6M
Long Term Investments$108.9M$757.9M$242.2M$98.2M$135.5M$169.7M$544.3M$510.9M$298.9M$201.5M$126.3M$106.7M$57.6M$8.2M
Intangible Assets Expenditures Incurred But Not Yet Paid-$219.0K-$3.5M-$4.8M-$3.9M-$3.5M$1.6M-$870.0K-$1.4M$1.3M$1.4M$4.9M-$10.2M$19.8M
Liability For Uncertain Tax Positions Noncurrent$107.9M$98.5M$87.2M$77.6M$68.7M$2.4M$6.7M$16.5M$28.7M$14.5M$20.5M$18.6M$12.3M
Other Assets Noncurrent$52.2M$533.3M$551.6M$1.96B$1.50B$277.6M$173.6M$81.6M$147.3M$183.9M$121.5M$37.8M$0.00

Cash Flow Statement

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Financing Cash Flow *-$86.0M$3.94B$2.30B$967.6M$4.16B$461.6M-$19.9M-$612.7M$1.91B$1.12B$1.12B$2.48B$24.0M$1.44B-$69.5M$28.8M
Investing Cash Flow *-$601.5M-$3.91B-$3.56B-$3.77B-$3.89B-$1.61B-$304.8M-$833.3M-$841.0M-$370.1M-$2.26B-$1.51B-$175.7M-$201.5M-$616.0K-$34.9M
Operating Cash Flow *$274.7M$2.06B$2.44B$1.39B$714.2M$802.9M$705.0M$487.2M$57.6M$216.8M$325.4M$64.5M$173.9M$26.4M$81.4M$2.8M
Payments To Acquire Property Plant And Equipment$4.92B$2.97B$3.00B$2.69B$2.47B$1.25B$435.2M$396.0M$574.5M$1.05B$800.5M$419.1M$446.7M$255.8M$58.6M$34.6M
Proceeds From Sale Of Property Plant And Equipment$276.8M$31.7M$6.1M$10.2M$1.8M$2.5M$15.4M$5.7M$51.0K$1.7M$16.6M$241.0K$202.0K$7.6M$26.7M$190.0K
Payments To Acquire Intangible Assets$17.8M$50.9M$57.3M$42.3M$30.1M$26.5M$17.9M$19.0M$38.0M$47.5M$58.2M$36.2M$133.9M$802.0K$730.0K$468.0K
Increase Decrease In Prepaid Deferred Expense And Other Assets-$15.7M$365.8M-$622.0M-$73.6M$117.1M$328.2M$262.4M$311.3M$140.3M$278.2M$103.3M$44.6M$7.1M$6.7M-$5.5M$2.5M
Increase Decrease In Due To Related Parties Current-$401.0K$6.1M-$992.0K$7.4M-$5.6M$6.0M$12.9M-$14.4M$3.6M$195.0K$4.6M$538.0K-$6.3M-$9.0M$29.7M$3.9M
Increase Decrease In Due From Related Parties Current$25.1M$2.9M$7.0M$17.5M-$37.5M-$11.4M$38.0M-$4.4M$17.0M$17.9M$1.8M$7.7M-$35.7M$34.1M$7.9M$1.7M
Increase Decrease In Accrued Liabilities And Other Operating Liabilities$139.7M$200.1M$226.9M$316.0M$91.1M$77.3M$77.7M$270.1M$82.2M$92.7M-$46.9M$104.0M-$660.0K$48.3M$6.1M$2.3M
Increase Decrease In Accrued Income Taxes Payable$4.7M-$6.8M-$1.8M$14.7M-$19.0M$34.9M-$198.0K-$6.5M-$28.1M$14.9M$8.9M-$12.8M$17.6M$2.1M$1.5M$332.0K
Share Based Compensation$20.4M$35.3M$118.2M$320.0M$136.8M$43.9M$59.5M$47.1M$118.7M$190.0M$233.7M$67.8M$67.6M$42.0M$277.9M
Proceeds From Maturities Prepayments And Calls Of Shortterm Investments$72.5M$144.5M$347.5M$397.6M$312.2M$417.6M$484.9M$112.3M$2.50B$443.0M$219.1M$939.3M$747.1M
Payments To Acquire Longterm Investments$7.4M$517.3M$213.0M$5.0M$9.3M$252.8M$162.2M$48.7M$20.2M$36.9M$50.5M$50.5M$8.2M
Payments To Acquire Short Term Investments$22.9M$503.3M$64.6M$328.2M$436.7M$98.9M$755.9M$285.1M$1.68B$152.1M$1.10B$267.4M$1.65B
Proceeds From Stock Options Exercised$472.0K$3.0M$429.0K$435.0K$926.0K$4.5M$7.3M$3.0M$6.5M$3.3M$9.8M
Increase Decrease In Deferred Revenue-$766.0K$399.0K$39.4M-$7.6M$5.6M-$129.0K$2.0M-$65.4M-$28.1M-$10.8M-$10.6M$9.6M$0.00
Increase Decrease In Accounts And Notes Receivable$8.5M$5.8M$381.2M$533.3M$171.6M$156.1M$68.8M-$18.3M$41.0M-$15.1M$81.7M$303.4M$131.8M
Increase Decrease In Accounts And Notes Payable$20.0M-$24.4M$220.1M$195.7M-$13.7M$9.2M$41.4M$42.5M$46.9M$96.5M$121.7M$61.3M$20.2M
Proceeds From Interest Received$5.9M$31.8M$30.1M$37.8M$59.1M$50.8M$28.9M$19.9M$61.5M$83.4M$27.1M$19.6M
Increase Decrease In Unrecognized Tax Benefits Expense$9.4M$11.3M$9.6M$8.9M$66.3M-$4.2M-$9.8M-$3.9M$14.2M-$6.0M$1.9M$6.2M

Per-Share & Share Counts

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Earnings Per Share Diluted$0.00$-2.93$-0.87$-0.36$-4.47$-0.27$-0.30$-1.36$-1.37$-0.85$-0.89$-0.13$0.16$0.06$-3.57$-0.03
Earnings Per Share Basic$0.02$-2.93$-0.87$0.57$-4.47$-0.27$-0.30$-1.36$-1.37$-0.85$-0.89$-0.13$0.16$0.07$-3.57$-0.08
Weighted Average Number Of Shares Outstanding Basic1.59B901.1M886.8M865.4M716.9M668.8M674.7M672.8M617.2M492.1M401.3M364.4M342.5M259.6M71.5M71.5M
Weighted Average Number Of Diluted Shares Outstanding1.74B901.1M886.8M911.6M716.9M668.8M674.7M672.8M617.2M492.1M401.3M364.4M356.8M316.8M71.5M182.5M

Other Metrics

Annual (10-K / 20-F)

Metric \ Fiscal YearFY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016FY2015FY2014FY2013FY2012FY2011FY2010FY2009
Foreign Currency Transaction Gain Loss Before Tax-$19.2M-$79.0M-$523.2M$110.0M$228.1M-$28.0M-$81.1M-$17.2M$56.3M$72.4M-$16.3M$7.1M-$397.0K$32.7M$1.6M$88.0K
Provision For Doubtful Accounts$14.8M$368.5M$35.4M$18.4M$2.4M$1.6M-$598.0K$37.4M$117.6M$32.2M$9.9M$550.0K$538.0K$29.0K$1.1M$1.1M
Change In Capital Expenditures Incurred But Not Yet Paid$940.8M$270.9M$457.3M$321.1M$591.2M$344.2M$21.9M-$15.8M-$51.7M-$94.8M$125.7M$44.6M
Additional Paid In Capital$2.37B$17.29B$15.24B$15.20B$13.08B$9.20B$9.14B$8.98B$9.02B$6.40B$4.23B$3.94B$3.29B

Most recent annual filing with the SEC: April 25, 2025

Data sourced from SEC EDGAR public filings as of August 5, 2026.