VNET Group, Inc.

VNET · NASDAQ
Analyze with AI
9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$2,581,747$2,434,205$2,246,220$2,246,389
% Growth6.1%8.4%-0%
Cost of Goods Sold$2,042,718$1,886,470$1,680,879$1,741,533
Gross Profit$539,029$547,735$565,341$504,856
% Margin20.9%22.5%25.2%22.5%
R&D Expenses$71,295$67,570$43,603$56,098
G&A Expenses$185,765$212,473$179,770$192,954
SG&A Expenses$257,093$282,436$244,116$266,042
Sales & Mktg Exp.$71,328$69,963$64,346$73,088
Other Operating Expenses$4,897$24,711$29,091-$54,279
Operating Expenses$333,285$374,717$316,810$267,861
Operating Income$205,744$173,018$248,531$236,995
% Margin8%7.1%11.1%10.6%
Other Income/Exp. Net-$459,586-$61,242-$416,692-$150,998
Pre-Tax Income-$253,842$111,776-$168,161$85,997
Tax Expense$21,467$95,048$52,062$82,547
Net Income-$307,066-$11,981-$237,558-$11,096
% Margin-11.9%-0.5%-10.6%-0.5%
EPS-1.14-0.044-0.9-0.042
% Growth-2,467.6%95.1%-2,042.9%
EPS Diluted-1.14-0.06-0.9-0.041
Weighted Avg Shares Out268,954268,414265,599265,599
Weighted Avg Shares Out Dil268,954268,414265,599268,049
Supplemental Information
Interest Income$8,724$16,869$6,751$6,162
Interest Expense$151,017$157,508$100,653$77,125
Depreciation & Amortization$0$550,087$427,440$438,740
EBITDA$343,376$723,105$675,971$675,735
% Margin13.3%29.7%30.1%30.1%