Vnet (VNET) Consolidated Net Income (2010 - 2026)
Vnet's (VNET) quarterly Consolidated Net Income came in at $14.0 million in Q2 2026, up 234.03% year-over-year from $4.2 million in Q2 2025, and down 81.63% quarter-over-quarter from $76.1 million in Q1 2026.
Analysis
Vnet (VNET) Consolidated Net Income (2010 - 2026) Analysis & Trends
Vnet has disclosed Consolidated Net Income across 17 years of filings, most recently posting $14.0 million for Q2 2026.
- In Q2 2026, Consolidated Net Income rose 234.03% year-over-year to $14.0 million; the TTM figure through Jun 2026 stood at $202.7 million (up 268.63% YoY), while the FY2025 annual figure was $139.4 million, up 43.51% from the prior year.
- Consolidated Net Income came in at $14.0 million for Q2 2026 at Vnet, down from $76.1 million in the prior quarter.
- In the past five years, Consolidated Net Income ranged from a high of $85.5 million in Q4 2025 to a low of -$322.4 million in Q4 2023.
- Average Consolidated Net Income over 5 years is -$1.8 million, with a median of $20.6 million recorded in 2022.
- Year-over-year, Consolidated Net Income slumped 3964.81% in 2023 and jumped 582.58% in 2024.
- Over 5 years, Consolidated Net Income stood at -$7.9 million in 2022, then tumbled by 3964.81% to -$322.4 million in 2023, then jumped by 107.17% to $23.1 million in 2024, then jumped by 270.0% to $85.5 million in 2025, then plunged by 83.66% to $14.0 million in 2026.
- Per Business Quant data, the three most recent Consolidated Net Income figures were $14.0 million in Q2 2026, $76.1 million in Q1 2026, and $85.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 477.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -929.76 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -267.53 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -81.39 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 149.73 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -1.16 Bn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 13.97 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 13.57 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -14.98 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -9.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.97 Mn |
| Mar 31, 2026 | 76.06 Mn |
| Dec 31, 2025 | 85.52 Mn |
| Sep 30, 2025 | 27.10 Mn |
| Jun 30, 2025 | -10.43 Mn |
| Mar 31, 2025 | 22.18 Mn |
| Dec 31, 2024 | 23.11 Mn |
| Sep 30, 2024 | 20.11 Mn |
| Jun 30, 2024 | 48.35 Mn |
| Mar 31, 2024 | -5.43 Mn |
| Dec 31, 2023 | -322.35 Mn |
| Sep 30, 2023 | -4.17 Mn |
| Jun 30, 2023 | -29.44 Mn |
| Mar 31, 2023 | 28.18 Mn |
| Dec 31, 2022 | -7.93 Mn |
| Sep 30, 2022 | 21.13 Mn |
| Jun 30, 2022 | -47.49 Mn |
| Mar 31, 2022 | 29.04 Mn |
| Dec 31, 2021 | -26.66 Mn |
| Sep 30, 2021 | 37.27 Mn |