VNET Group, Inc.
VNET · XNASCIK 1508475fmd_0TNNSVFVRXC35K4YPGS1HJZK2BServices · Services-Computer Programming, Data Processing, Etc.Template: Standard
Coverage: Jan 01, 2009 to Dec 31, 2025, 19 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 3,642 | 3,393 | 3,401 | 3,789 | – | – | – | – | – | – |
| Cost of revenue | 2,930 | 2,634 | 2,456 | 2,850 | – | – | – | – | – | – |
| Gross profit | 712 | 758 | 945 | 939 | 1,076 | 1,438 | 1,358 | 1,292 | 1,832 | 2,192 |
| Provision for credit losses | – | 70 | 0 | 0 | 2 | 15 | 15 | 55 | 106 | 98 |
| Research and development | 149 | 149 | 92 | 89 | 113 | 188 | 307 | 322 | 247 | 261 |
| Selling, general and administrative | 993 | 777 | 635 | 622 | 770 | 1,098 | 955 | 808 | 923 | 1,076 |
| Operating income | (840) | (1,369) | 237 | 182 | 117 | 21 | 121 | (1,971) | 669 | 780 |
| Interest expense | 199 | 185 | 236 | 346 | 381 | 335 | 273 | 312 | 401 | 599 |
| Interest and investment income | 21 | 33 | 45 | – | – | – | – | – | – | – |
| Income before taxes | (943) | (1,008) | (162) | (176) | (2,571) | 627 | (629) | (2,483) | 483 | 424 |
| Income tax expense | (11) | (90) | 24 | 5 | 109 | 111 | 133 | 114 | 234 | 558 |
| Net income from continuing operations | (932) | (918) | (187) | (181) | (2,680) | 515 | (762) | (2,597) | 248 | (133) |
| Net income | (634) | (773) | (205) | (182) | (2,709) | 500 | (776) | (2,644) | 183 | (252) |
| Net income to common shareholders | – | – | – | – | – | – | (776) | (2,644) | 168 | (257) |