VNETNasdaqServices-Computer Programming, Data Processing, Etc.
VNET Group, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026
$3.88−0.04 (-1.02%)
Close on Oct 19, 2026
VNET Group, Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Hosting and Related Services | – | – | – | – | – | – | CN¥3.79B | CN¥3.40B | CN¥2.98B | CN¥2.67B | – | – |
| Managed Network Services | – | – | – | – | – | – | – | – | CN¥417.53M | CN¥973.12M | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Hosting and Related Services | – | – | – | – | – | – | CN¥182.23M | CN¥237.48M | CN¥156.63M | CN¥44.10M | – |
| Managed Network Services | – | – | – | – | – | – | – | – | -CN¥1.53B | -CN¥884.30M | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Grant | – | – | – | – | – | – | – | CN¥500.00K | CN¥2.88M | CN¥0 | – | – |
| Hosting and related services | – | – | – | – | – | – | CN¥3.79B | CN¥3.40B | CN¥2.98B | – | – | – |
| Managed Network Services | – | – | – | – | – | – | – | – | CN¥417.53M | – | – | – |
By region
From the segment and revenue-disaggregation notes of VNET's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.