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Vnet (VNET) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Vnet (VNET) over the last 16 years, with Q3 2025 value amounting to $2.0 billion.

  • Vnet's Cost of Revenue rose 2538.85% to $2.0 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $7.4 billion, marking a year-over-year increase of 5031.5%. This contributed to the annual value of $880.5 million for FY2024, which is 166.58% up from last year.
  • Latest data reveals that Vnet reported Cost of Revenue of $2.0 billion as of Q3 2025, which was up 2538.85% from $1.9 billion recorded in Q2 2025.
  • In the past 5 years, Vnet's Cost of Revenue ranged from a high of $2.0 billion in Q3 2025 and a low of $162.3 million during Q1 2021
  • Its 5-year average for Cost of Revenue is $828.6 million, with a median of $219.0 million in 2022.
  • Its Cost of Revenue has fluctuated over the past 5 years, first crashed by 873.01% in 2023, then soared by 74781.71% in 2024.
  • Over the past 5 years, Vnet's Cost of Revenue (Quarter) stood at $214.3 million in 2021, then grew by 5.04% to $225.1 million in 2022, then dropped by 8.73% to $205.4 million in 2023, then surged by 747.82% to $1.7 billion in 2024, then grew by 17.29% to $2.0 billion in 2025.
  • Its last three reported values are $2.0 billion in Q3 2025, $1.9 billion for Q2 2025, and $1.7 billion during Q1 2025.