Vnet (VNET) Gross Profit (2010 - 2026)
Vnet's (VNET) quarterly Gross Profit came in at $74.5 million in Q2 2026, down 2.62% year-over-year from $76.5 million in Q2 2025, and down 16.61% quarter-over-quarter from $89.3 million in Q1 2026.
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Analysis
Vnet (VNET) Gross Profit (2010 - 2026) Analysis & Trends
Vnet has disclosed Gross Profit across 17 years of filings, most recently posting $74.5 million for Q2 2026.
- In Q2 2026, Gross Profit fell 2.62% year-over-year to $74.5 million; the TTM figure through Jun 2026 stood at $316.7 million (up 7.88% YoY), while the FY2025 annual figure was $313.5 million, up 24.91% from the prior year.
- Gross Profit came in at $74.5 million for Q2 2026 at Vnet, down from $89.3 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $89.3 million in Q1 2026 to a low of $41.0 million in Q4 2023.
- Average Gross Profit over 5 years is $61.6 million, with a median of $57.7 million recorded in 2024.
- Year-over-year, Gross Profit decreased 23.58% in 2022 and surged 68.82% in 2024.
- Over 5 years, Gross Profit stood at $47.6 million in 2022, then retreated by 13.95% to $41.0 million in 2023, then soared by 68.82% to $69.2 million in 2024, then climbed by 11.72% to $77.3 million in 2025, then fell by 3.65% to $74.5 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $74.5 million in Q2 2026, $89.3 million in Q1 2026, and $77.3 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 100.78 Bn | 98.58 Bn | 1.40 Bn |
| 2 | Terawulf | 8.49 Bn | 5.72 Bn | 32.37 Mn |
| 3 | Applied Digital | 8.10 Bn | 6.08 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.60 Bn | 3.60 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.77 Bn | 4.71 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.75 Bn | 3.81 Bn | 70.04 Mn |
| 7 | Vnet | 1.75 Bn | 868.32 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.48 Bn | 1.48 Bn | 51.65 Mn |
| 9 | WhiteFiber | 736.82 Mn | 676.45 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 454.82 Mn | 451.62 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.45 Mn |
| Mar 31, 2026 | 89.28 Mn |
| Dec 31, 2025 | 77.27 Mn |
| Sep 30, 2025 | 75.72 Mn |
| Jun 30, 2025 | 76.46 Mn |
| Mar 31, 2025 | 77.91 Mn |
| Dec 31, 2024 | 69.17 Mn |
| Sep 30, 2024 | 70.07 Mn |
| Jun 30, 2024 | 58.47 Mn |
| Mar 31, 2024 | 56.88 Mn |
| Dec 31, 2023 | 40.97 Mn |
| Sep 30, 2023 | 42.01 Mn |
| Jun 30, 2023 | 47.27 Mn |
| Mar 31, 2023 | 51.31 Mn |
| Dec 31, 2022 | 47.61 Mn |
| Sep 30, 2022 | 44.51 Mn |
| Jun 30, 2022 | 53.41 Mn |
| Mar 31, 2022 | 56.08 Mn |
| Dec 31, 2021 | 59.63 Mn |
| Sep 30, 2021 | 58.24 Mn |
API Access
Vnet Gross Profit 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=gross-profit&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "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=gross-profit&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();