The table below shows VNET Group, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
-
-
-
-
-
-
Cost of revenue
-
-
-
-
-
-
Gross profit
$313.52M
$251.00M
$182.04M
$196.93M
$225.66M
$164.91M
R&D
$37.34M
$33.79M
$45.38M
$44.49M
$29.58M
$17.30M
SG&A
VNET annual revenue (10-K history)
VNET Group, Inc. reported annual revenue of $544.25M for fiscal year 2019. That is up 10.0% from $494.66M in fiscal 2018. Over the 9 fiscal years shown, annual revenue grew from $162.21M (FY 2011) to $544.25M. Figures come from the company's audited annual reports as filed with the SEC.
