Growth Metrics

Vnet (VNET) Gross Margin (2016 - 2025)

Historic Gross Margin for Vnet (VNET) over the last 16 years, with Q3 2025 value amounting to 20.88%.

  • Vnet's Gross Margin fell 23100.0% to 20.88% in Q3 2025 from the same period last year, while for Sep 2025 it was 22.68%, marking a year-over-year increase of 7400.0%. This contributed to the annual value of 22.18% for FY2024, which is 47500.0% up from last year.
  • Latest data reveals that Vnet reported Gross Margin of 20.88% as of Q3 2025, which was down 23100.0% from 22.5% recorded in Q2 2025.
  • Over the past 5 years, Vnet's Gross Margin peaked at 25.17% during Q1 2025, and registered a low of 16.24% during Q3 2023.
  • Its 5-year average for Gross Margin is 21.08%, with a median of 21.58% in 2022.
  • Its Gross Margin has fluctuated over the past 5 years, first crashed by -65000bps in 2022, then surged by 69400bps in 2024.
  • Over the past 5 years, Vnet's Gross Margin (Quarter) stood at 21.7% in 2021, then decreased by -22bps to 16.93% in 2022, then grew by 11bps to 18.81% in 2023, then increased by 19bps to 22.47% in 2024, then decreased by -7bps to 20.88% in 2025.
  • Its Gross Margin stands at 20.88% for Q3 2025, versus 22.5% for Q2 2025 and 25.17% for Q1 2025.