Vnet (VNET) EBITDA (2014 - 2026)
Vnet (VNET) reported EBITDA of $106.31 million for the quarter ended Jun 30, 2026, up 38.7% from $76.63 million a year earlier and up 15.0% from the prior quarter.
Vnet (VNET) EBITDA (2014 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vnet's EBITDA came in at $371.65 million, up 39.1% year-over-year; for the year ended Dec 31, 2025, it came in at $307.99 million, up 29.2% from the prior year.
- EBITDA has a five-year compound annual growth rate of 15.2% (years ended Dec 2020 to Dec 2025).
- By year, EBITDA came in at $238.38 million in the year ended Dec 31, 2024 (-11.6%), $269.53 million in the year ended Dec 31, 2023 (+12.3%), $240.09 million in the year ended Dec 31, 2022 (+18.7%) and $202.26 million in the year ended Dec 31, 2021 (+33.4%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly EBITDA in data going back to the quarter ended Sep 30, 2014.
- Year over year, EBITDA has now increased in each of the last four quarters, with growth averaging 21.7% over the last seven quarters.
- The high point for year-over-year EBITDA in five years was the quarter ended Dec 31, 2022 (growth of 380.8%); the low point was the quarter ended Dec 31, 2021 (a decline of 77.4%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $92.44 million (quarter ended Mar 31, 2026), $94.24 million (quarter ended Dec 31, 2025) and $78.66 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,947.40 Bn | 3,870.56 Bn | 60.48 Bn | 51.63 Bn |
| 2 | International Business Machines | 230.30 Bn | 181.12 Bn | 9.91 Bn | 3.96 Bn |
| 3 | Cloudflare | 109.49 Bn | 93.01 Bn | 499.52 Mn | -107.83 Mn |
| 4 | Equinix | 97.28 Bn | 85.84 Bn | 1.40 Bn | 1.22 Bn |
| 5 | Nebius | 41.91 Bn | 15.34 Bn | 448.70 Mn | 110.60 Mn |
| 6 | CoreWeave | 34.26 Bn | 21.35 Bn | 1.70 Bn | 1.39 Bn |
| 7 | Verisign | 27.93 Bn | 25.14 Bn | 384.60 Mn | 302.90 Mn |
| 8 | Nutanix | 18.78 Bn | 10.47 Bn | 651.35 Mn | 88.42 Mn |
| 9 | GoDaddy | 14.15 Bn | 9.73 Bn | 828.20 Mn | 355.80 Mn |
| 10 | Vnet | 1.12 Bn | -2.61 Bn | 74.45 Mn | 134.12 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 134.12 Mn |
| Mar 31, 2026 | 128.22 Mn |
| Dec 31, 2025 | 114.02 Mn |
| Sep 30, 2025 | 105.63 Mn |
| Jun 30, 2025 | 76.63 Mn |
| Mar 31, 2025 | 93.15 Mn |
| Dec 31, 2024 | 93.47 Mn |
| Sep 30, 2024 | 56.96 Mn |
| Jun 30, 2024 | 81.04 Mn |
| Mar 31, 2024 | 59.00 Mn |
| Dec 31, 2023 | -239.40 Mn |
| Sep 30, 2023 | 68.32 Mn |
| Jun 30, 2023 | 72.68 Mn |
| Mar 31, 2023 | 79.78 Mn |
| Dec 31, 2022 | 62.65 Mn |
| Sep 30, 2022 | 58.68 Mn |
| Jun 30, 2022 | 62.99 Mn |
| Mar 31, 2022 | 70.30 Mn |
| Dec 31, 2021 | 13.03 Mn |
| Sep 30, 2021 | 66.87 Mn |
Vnet EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=VNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "VNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();