Vnet (VNET) Gross Profit (2010 - 2026)

On a TTM basis, Vnet's Gross Profit came in at $316.73 million as of Jun 30, 2026, up 7.9% year-over-year; for the year ended Dec 31, 2025, it came in at $313.52 million, up 24.9% from the prior year.

• Annual Gross Profit has a five-year compound annual growth rate of 575.4% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Gross Profit came in at $251 million in the year ended Dec 31, 2024 (+37.9%), $182.04 million in the year ended Dec 31, 2023 (-7.6%), $196.93 million in the year ended Dec 31, 2022 (-12.7%) and $225.66 million in the year ended Dec 31, 2021.
• The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Gross Profit since the quarter ended Dec 31, 2024.
• On a year-over-year basis, Gross Profit rose in seven of the last eight quarters, with growth averaging 29.4%.
• Peak year-over-year performance for Gross Profit in the last five years was growth of 68.8% in the quarter ended Dec 31, 2024, against a decline of 23.6% in the quarter ended Sep 30, 2022 at the low end.
• Per Business Quant, the preceding three quarters came in at $89.28 million (quarter ended Mar 31, 2026), $77.27 million (quarter ended Dec 31, 2025) and $75.72 million (quarter ended Sep 30, 2025).