VNET Group, Inc. VNET
NASDAQ VNET
$4.11 +0.01 (+0.37%)
As of: Oct 21, 2026 · 1:34 PM EDT

Vnet (VNET) Goodwill (2010 - 2023)

Updated

Vnet (VNET) posted Goodwill of $186.98 million for the quarter ended Sep 30, 2023, down 0.6% from the prior quarter.

Analysis

Vnet (VNET) Goodwill (2010 - 2023) Analysis & Trends

As of Dec 31, 2022, Vnet's Goodwill came in at $197.79 million, up 1.8% from the prior year.

  • Annual Goodwill has increased for four consecutive years, with a five-year compound annual growth rate of 6.6% (years ended Dec 2017 to Dec 2022).
  • In prior years, Vnet's Goodwill was $194.23 million in the year ended Dec 31, 2021 (+24.4%), $156.14 million in the year ended Dec 31, 2020 (+3.0%), $151.65 million in the year ended Dec 31, 2019 (+6.7%) and $142.14 million in the year ended Dec 31, 2018 (-1.2%).
  • The figure for the quarter ended Sep 30, 2023 stands as the lowest quarterly Goodwill since the quarter ended Jun 30, 2021.
  • On a year-over-year basis, Goodwill increased in three of the last six quarters, with growth averaging 62.9%.
  • The strongest year-over-year quarter for Goodwill in the past five years was the quarter ended Sep 30, 2021, with growth of 352.2%; the weakest was the quarter ended Jun 30, 2020, with a decline of 69.7%.
  • According to Business Quant data, Goodwill for the three prior quarters was $188.13 million (quarter ended Jun 30, 2023), $198.64 million (quarter ended Mar 31, 2023) and $191.81 million (quarter ended Dec 31, 2022).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 3,955.53 Bn 3,878.69 Bn 60.48 Bn
2 International Business Machines 230.66 Bn 181.47 Bn 9.91 Bn
3 Cloudflare 111.42 Bn 94.95 Bn 499.52 Mn
4 Equinix 98.00 Bn 86.56 Bn 1.40 Bn
5 Nebius 41.97 Bn 15.41 Bn 448.70 Mn
6 CoreWeave 34.23 Bn 21.33 Bn 1.70 Bn
7 Verisign 27.89 Bn 25.10 Bn 384.60 Mn
8 Nutanix 18.85 Bn 10.53 Bn 651.35 Mn
9 GoDaddy 14.07 Bn 9.65 Bn 828.20 Mn
10 Vnet 1.11 Bn -2.63 Bn 74.45 Mn
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2023 186.98 Mn
Jun 30, 2023 188.13 Mn
Mar 31, 2023 198.64 Mn
Dec 31, 2022 195.92 Mn
Jun 30, 2022 200.01 Mn
Mar 31, 2022 211.33 Mn
Dec 31, 2021 210.24 Mn
Sep 30, 2021 205.20 Mn
Jun 30, 2021 47.72 Mn
Mar 31, 2021 151.87 Mn
Dec 31, 2020 152.55 Mn
Sep 30, 2020 45.38 Mn
Jun 30, 2020 837,000.00
Mar 31, 2020 139.75 Mn
Dec 31, 2019 141.65 Mn
Sep 30, 2019 138.44 Mn
Jun 30, 2019 144.14 Mn
Mar 31, 2019 147.45 Mn
Dec 31, 2018 143.89 Mn
Sep 30, 2018 144.08 Mn
API Access

Vnet Goodwill 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=goodwill&ticker=VNET&period=max&api_key=YOUR_API_KEY