← VNET Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $524.5m |
$521.4m
-0.59%
|
$494.7m
-5.14%
|
$544.3m
+10.03%
|
$223.2m
-58.98%
|
$278.2m
+24.63%
|
$236.6m
-14.98%
|
$226.0m
-4.46%
|
$305.9m
+35.36%
|
$399.1m
+30.46%
|
$10.4b
+2504.25%
|
|
| Cost of Revenue | $422.0m |
$404.9m
-4.05%
|
$357.2m
-11.77%
|
$409.3m
+14.58%
|
$123.4m
-69.86%
|
$142.7m
+15.67%
|
$125.8m
-11.86%
|
$172.6m
+37.25%
|
$123.9m
-28.20%
|
$173.6m
+40.07%
|
$8.2b
+4595.56%
|
|
| Gross Profit | $102.6m |
$116.6m
+13.65%
|
$137.4m
+17.90%
|
$134.9m
-1.81%
|
$164.9m
+22.20%
|
$225.7m
+36.84%
|
$196.9m
-12.73%
|
$182.0m
-7.56%
|
$251.0m
+37.88%
|
$313.5m
+24.91%
|
$2.2b
+615.43%
|
|
| Research and Development Expense | $21.5m | $22.9m | $13.4m | $12.8m | $17.3m | $29.6m | $44.5m | $45.4m | $33.8m | $37.3m | $292.0m | |
| Selling and Marketing Expense | $50.8m | $39.5m | $25.0m | $29.6m | $36.0m | $40.1m | $45.2m | $37.5m | $36.1m | $39.9m | $995.8m | |
| General and Administrative Expense | $92.1m | $79.9m | $67.3m | $59.7m | $82.0m | $132.2m | $93.2m | $76.3m | $90.3m | $114.0m | $729.1m | |
| Amortization of Intangible Assets | $26.5m | $22.1m | $9.9m | $10.2m | $11.1m | $14.9m | $17.8m | $128.0m | $109.9m | $146.3m | — | |
| Operating expenses: | ||||||||||||
| Other Operating Income | $977k | $836k | $731k | $986k | $1.2m | — | $8.7m | $15.0m | $15.7m | $4.0m | — | |
| Operating Income (Loss) | ($121.0m) |
($210.3m)
-73.82%
|
$34.5m
+116.42%
|
$26.2m
-24.21%
|
$17.9m
-31.73%
|
$3.3m
-81.28%
|
$17.6m
+425.11%
|
($277.6m)
-1680.39%
|
$91.7m
+133.04%
|
$111.6m
+21.66%
|
$778.7m
+597.88%
|
|
| Interest Expense | $28.6m | $28.5m | $34.3m | $49.7m | $58.3m | $52.6m | $39.6m | $44.0m | $54.9m | $85.6m | $719.0m | |
| Investment Income, Interest | $3.0m | $5.1m | $6.6m | — | — | — | — | — | — | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $8.1m | ($2.6m) | ($11.8m) | ($4.0m) | $35.0m | $17.3m | ($75.9m) | ($11.1m) | ($2.6m) | $790k | — | |
| Income (Loss) from Equity Method Investments | $5.1m | $8.3m | ($27.1m) | ($7.3m) | $1.7m | ($6.1m) | $279k | $462k | $1.1m | $984k | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($135.8m) | ($154.9m) | ($23.6m) | ($25.3m) | ($394.0m) | $98.3m | ($91.1m) | ($2.5b) | $482.7m | $424.1m | $627.2m | |
| Current Income Tax Expense (Benefit) | $7.9m | $5.8m | $6.4m | $10.1m | $20.2m | $17.4m | $16.8m | $157.5m | $247.2m | — | $991.6m | |
| Income Tax Expense (Benefit) | ($1.6m) | ($13.9m) | $3.5m | $781k | $16.8m | $17.5m | $19.4m | $16.1m | $32.1m | $79.7m | $991.6m | |
| Net Income (Loss) Attributable to Parent | ($91.3m) |
($118.8m)
-30.15%
|
($29.8m)
+74.89%
|
($26.2m)
+12.22%
|
($415.2m)
-1485.85%
|
$78.5m
+118.90%
|
($112.5m)
-243.36%
|
($372.4m)
-230.99%
|
$25.1m
+106.74%
|
($36.0m)
-243.49%
|
($2.2b)
-6144.08%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | — | — | — | — | — | $168.1m |
($36.7m)
-121.84%
|
($2.2b)
-6024.19%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($43.0m) | ($22.3m) | $2.7m | $150k | $4.5m | $2.4m | $2.0m | $6.6m | $8.9m | $67.5m | ($2.2b) | |
| Preferred Stock Dividends, Income Statement Impact | — | — | — | — | $72 | $1 | — | — | — | — | — | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | — | — | — | — | — | — | — | $15.1m | — | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($0) | ($0) | ($0) | ($0) | ($1) | $0 | ($0) | ($3) | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($0) | ($0) | ($0) | ($0) | ($1) | ($0) | ($0) | ($3) | — | — | — | |
| Earnings Per Share, Basic | ($0.20) | ($0.21) | ($0.04) | ($0.04) | ($0.69) | $0.09 | ($0.13) | ($0.41) | $0.02 | ($0.02) | ($8.22) | |
| Earnings Per Share, Diluted | ($0.20) | ($0.21) | ($0.04) | ($0.04) | ($0.69) | ($0.06) | ($0.13) | ($0.41) | $0.00 | ($0.02) | ($8.22) | |
| Weighted Average Number of Shares Outstanding, Basic | 617.2m | 672.8m | 674.7m | 668.8m | 716.9m | 865.4m | 886.8m | 901.1m | 1.6b | 1.6b | 270.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 617.2m | 672.8m | 674.7m | 668.8m | 716.9m | 911.6m | 886.8m | 901.1m | 1.7b | 1.6b | 270.2m | |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, Amortization | $57k | — | — | — | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $117.8m | $0 | — | — | — | — | $192.1m | $0 | — | $0 |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.