Revenue
2011
2012
2013
2014
2015
2016
2017
2018
2019
VNET Group, Inc. (VNET)
Price$6.38Cached quote
Net income
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Free cash flow
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total cash / debt
CashTotal debt
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Financial statements
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | $544.3M | $494.7M | $521.4M | $524.5M | $561.0M | $463.6M | $324.9M | $244.6M | $162.2M | — | — |
| Gross profit | $313.5M | $251.0M | $182.0M | $196.9M | $225.7M | $164.9M | $134.9M | $137.4M | $116.6M | $102.6M | $131.8M | $130.6M | $85.4M | $68.3M | $43.9M | — | — |
| Gross margin | — | — | — | — | — | — | 24.79% | 27.78% | 22.35% | 19.55% | 23.49% | 28.16% | 26.28% | 27.93% | 27.09% | — | — |
| Research & development | $37.3M | $33.8M | $45.4M | $44.5M | $29.6M | $17.3M | $12.8M | $13.4M | $22.9M | $21.5M | $22.1M | $19.6M | $12.9M | $10.3M | $5.5M | — | — |
| Operating expenses | $201.9M | $159.3M | $459.6M | $179.4M | $222.3M | $147.0M | $108.8M | $102.9M | $326.9M | $223.6M | $175.7M | $149.1M | $78.5M | $55.3M | $41.6M | — | — |
| Operating income | $111.6M | $91.7M | −$277.6M | $17.6M | $3.3M | $17.9M | $26.2M | $34.5M | −$210.3M | −$121.0M | −$43.9M | −$18.5M | $6.9M | $13.0M | $2.4M | — | — |
| Operating margin | — | — | — | — | — | — | 4.81% | 6.98% | −40.34% | −23.07% | −7.82% | −3.99% | 2.12% | 5.31% | 1.46% | — | — |
| EBITDA | $415.6M | $310.7M | −$23.0M | $249.0M | $202.3M | $169.4M | $137.1M | $126.8M | −$107.8M | −$25.4M | $46.6M | $47.1M | $40.0M | $33.6M | $16.5M | — | — |
| EBITDA margin | — | — | — | — | — | — | 25.19% | 25.64% | −20.68% | −4.84% | 8.31% | 10.15% | 12.30% | 13.72% | 10.18% | — | — |
| Net income | −$36.0M | $25.1M | −$372.4M | −$112.5M | $78.5M | −$415.2M | −$26.2M | −$29.8M | −$118.8M | −$91.3M | −$66.1M | −$56.2M | −$8.0M | $9.0M | $2.9M | — | — |
| Net profit margin | — | — | — | — | — | — | −4.81% | −6.03% | −22.78% | −17.40% | −11.78% | −12.12% | −2.45% | 3.69% | 1.81% | — | — |
| Basic EPSper basic share | -$0.02 | $0.02 | -$0.41 | -$0.13 | $0.09 | -$0.69 | -$0.04 | -$0.04 | -$0.21 | -$0.20 | -$0.13 | -$0.14 | -$0.02 | $0.03 | $0.00 | — | — |
| Diluted EPSper diluted share | -$0.02 | $0.00 | -$0.41 | -$0.13 | -$0.06 | -$0.69 | -$0.04 | -$0.04 | -$0.21 | -$0.20 | -$0.13 | -$0.14 | -$0.02 | $0.03 | $0.00 | — | — |
Owners
Reported shareholders
Reported holdings Number of shares
View holders
| Holder | Shares held |
|---|---|
Point72 Asset Management, L.P. | 18.29M |
Triata Capital Ltd | 11.76M |
Blackstone Inc. | 10.4M |
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 9.67M |
MILLENNIUM MANAGEMENT LLC | 8.77M |
NORGES BANK | 8.53M |
MORGAN STANLEY | 7.88M |
UBS Group AG | 4.96M |
Carmignac Gestion | 4.76M |
BlackRock, Inc. | 3.92M |
D. E. Shaw & Co., Inc. | 3.53M |
Temasek Holdings (Private) Ltd | 3.53M |
Oasis Management Co Ltd. | 3.45M |
HSBC HOLDINGS PLC | 3.43M |
BANK OF AMERICA CORP /DE/ | 3.38M |
Pinpoint Asset Management (Singapore) Pte. Ltd. | 3.37M |
MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.2M |
Senvest Management, LLC | 3.1M |
Tiger Pacific Capital LP | 2.91M |
GOLDMAN SACHS GROUP INC | 2.5M |
Bars compare reported share counts. A matching total for this share class and reporting period is unavailable, so percentages are not shown.
Source: SEC Form 13F ↗Updated Sep 29, 2026 · Quarterly data
Insider buys & sells
| Transaction | Insider | Type | Shares | Price | Value | Owned after |
|---|---|---|---|---|---|---|
| Jun 1, 2026Form 4 | Shao SeanDirector | SellClass A ordinary shares | 60.0K | $1.71 | $102.6K | 983.8K |
| May 18, 2026Form 4 | ZHANG ZHIHUASVP, Operational Finance | SellClass A ordinary shares | 9.1K | $1.69 | $15.3K | 33.9K |
| Mar 23, 2026Form 4 | Chen David LifengDirector | SellClass A ordinary shares | 83.5K | $1.51 | $126.2K | 334.2K |