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NASDAQ · Technology

VNET Group, Inc. (VNET)

It posted a net loss of $36M. In fiscal 2025 capital spending exceeded operating cash flow by $820.5M. At December 31, 2025 it held $789.9M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 16, 2026.

Price
$6.64
-4.05% on the day · September 25, 2026
52-week range $5.91 to $14.48
Market cap
$1.9B

What VNET Group, Inc. does

VNET Group, Inc. is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker VNET.

Revenue and profit by year

Revenue
FY18: $494.7M $494.7M FY18FY19: $544.3M $544.3M FY19
Net income
FY18: -$29.8M -$29.8M FY18FY19: -$26.2M -$26.2M FY19FY20: -$415.2M -$415.2M FY20FY21: $78.5M $78.5M FY21FY22: -$112.5M -$112.5M FY22FY23: -$372.4M -$372.4M FY23FY24: $25.1M $25.1M FY24FY25: -$36M -$36M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025n/a$111.6M-$36M-$0.02-$820.5M
2024n/a$91.7M$25.1M$0.00-$399.8M
2023n/a-$277.6M-$372.4M-$0.41-$127.3M
2022n/a$17.6M-$112.5M-$0.13-$80.5M
2021n/a$3.3M$78.5M-$0.06-$204.6M
2020n/a$17.9M-$415.2M-$0.69-$269.6M

Latest SEC filings

What VNET Group, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 23, 2026
  2. September 23, 2026
  3. September 21, 2026
  4. August 28, 2026
  5. August 18, 2026
  6. August 14, 2026
  7. May 26, 2026
  8. May 19, 2026
  9. May 15, 2026
  10. May 13, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on August 4, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about VNET

What does VNET Group, Inc. do?

VNET Group, Inc. is registered with the SEC under industry code SIC 7370 (Services-Computer Programming, Data Processing, Etc.). Its shares trade on NASDAQ under the ticker VNET.

Is VNET Group, Inc. profitable?

No. In fiscal 2025 it reported a net loss of $36M.

When did VNET Group, Inc. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 16, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the activist stake changed from September 23, 2026.

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Where the numbers come from

Financial figures are the values VNET Group, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.