VNET Group, Inc. Financial Summary

Quick Answer

VNET Group, Inc. reported Total Revenue of $544.25 million for fiscal year 2019.

VNET Group, Inc. — Key Financials by Year

Metric 2024 2023 2022 2021 2020 2019
Total Revenue $544.25M
-84.0%
Revenue (ASC 606) $544.25M
-84.0%
Net Income $183.20M
+106.9%
-$2.64B
-240.7%
-$775.95M
-255.2%
$500.10M
+118.5%
-$2.71B
-1386.3%
-$182.29M
+11.1%
Diluted EPS $0.00
+100.0%
-$2.93
-236.8%
-$0.87
-141.7%
-$0.36
+91.9%
-$4.47
-1555.6%
-$0.27
+10.0%
Total Assets $32.36B
+6.5%
$30.39B
+12.8%
$26.95B
+16.7%
$23.10B
+19.2%
$19.37B
+35.7%
$14.27B
+28.0%
Cash and Equivalents $204.46M
-90.9%
$2.24B
-15.7%
$2.66B
+88710600.0%
$3.0K
-100.0%
$2.71B
+49.9%
$1.81B
-23.3%
Stockholders Equity $872.12M
-85.5%
$6.01B
-9.0%
$6.61B
-8.7%
$7.24B
+10.3%
$6.56B
+32.5%
$4.95B
-2.8%
R&D Expense $246.61M
-23.5%
$322.22M
+5.0%
$306.84M
+62.8%
$188.49M
+67.0%
$112.89M
+27.1%
$88.79M
-3.6%
Operating Income $669.44M
+134.0%
-$1.97B
-1726.7%
$121.16M
+468.4%
$21.31M
-81.7%
$116.60M
-36.0%
$182.23M
-23.3%
Gross Profit $1.83B
+41.8%
$1.29B
-4.8%
$1.36B
-5.5%
$1.44B
+33.6%
$1.08B
+14.5%
$939.45M
-0.6%
Shares Outstanding
  • VNET Group, Inc. reported Total Revenue of $544.25 million for fiscal year 2019.
  • VNET Group, Inc. showed a decrease of -84.0% in Total Revenue compared to the prior fiscal year.
  • VNET Group, Inc. reported Revenue (ASC 606) of $544.25 million for fiscal year 2019.
  • VNET Group, Inc. showed a decrease of -84.0% in Revenue (ASC 606) compared to the prior fiscal year.
  • VNET Group, Inc. reported Net Income of $183.20 million for fiscal year 2024.
  • VNET Group, Inc. showed an increase of +106.9% in Net Income compared to the prior fiscal year.
  • VNET Group, Inc. reported Diluted EPS of $0.00 per share for fiscal year 2024.
  • VNET Group, Inc. showed an increase of +100.0% in Diluted EPS compared to the prior fiscal year.
  • VNET Group, Inc. reported Total Assets of $32.36 billion for fiscal year 2024.
  • VNET Group, Inc. showed an increase of +6.5% in Total Assets compared to the prior fiscal year.
  • VNET Group, Inc. reported Cash and Equivalents of $204.46 million for fiscal year 2024.
  • VNET Group, Inc. showed a decrease of -90.9% in Cash and Equivalents compared to the prior fiscal year.
  • VNET Group, Inc. reported Stockholders Equity of $872.12 million for fiscal year 2024.
  • VNET Group, Inc. showed a decrease of -85.5% in Stockholders Equity compared to the prior fiscal year.
  • VNET Group, Inc. reported R&D Expense of $246.61 million for fiscal year 2024.
  • VNET Group, Inc. showed a decrease of -23.5% in R&D Expense compared to the prior fiscal year.
  • VNET Group, Inc. reported Operating Income of $669.44 million for fiscal year 2024.
  • VNET Group, Inc. showed an increase of +134.0% in Operating Income compared to the prior fiscal year.
  • VNET Group, Inc. reported Gross Profit of $1.83 billion for fiscal year 2024.
  • VNET Group, Inc. showed an increase of +41.8% in Gross Profit compared to the prior fiscal year.
  • VNET Group, Inc. reported Shares Outstanding of 96.35 million shares for fiscal year 2010.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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