Quick Answer
VNET Group, Inc. reported R&D Expense of $246.61 million for fiscal year 2024.
VNET Group, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2024 | $246.61M | -23.5% |
| 2023 | $322.22M | +5.0% |
| 2022 | $306.84M | +62.8% |
| 2021 | $188.49M | +67.0% |
| 2020 | $112.89M | +27.1% |
| 2019 | $88.79M | -3.6% |
| 2018 | $92.11M | -38.2% |
| 2017 | $149.14M | -0.1% |
| 2016 | $149.34M | +4.6% |
| 2015 | $142.84M | +17.4% |
| 2014 | $121.68M | +56.3% |
| 2013 | $77.83M | +21.7% |
| 2012 | $63.93M | +84.5% |
| 2011 | $34.66M | +73.9% |
| 2010 | $19.92M | +161.9% |
| 2009 | $7.61M | — |
- VNET Group, Inc. showed a decrease of -23.5% in R&D Expense compared to the prior fiscal year.
- Over the 2009–2024 period, VNET Group, Inc.’s r&d expense has grown by 3141.9% (from $7.61 million to $246.61 million).
- The most recent figure is from VNET Group, Inc.’s fiscal year 2024 report (Form 20-F), filed with the SEC on April 25, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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