Vnet VNET
NASDAQ VNET
$6.06 +0.10 (+1.68%)
As of: Sep 16, 2026 · 3:59 PM EDT

Vnet (VNET) Net Income (2010 - 2026)

Vnet's (VNET) quarterly Net Income came in at $14.0 million in Q2 2026, up 234.03% year-over-year from $4.2 million in Q2 2025, and down 81.63% quarter-over-quarter from $76.1 million in Q1 2026.

Analysis

Vnet (VNET) Net Income (2010 - 2026) Analysis & Trends

Vnet has disclosed Net Income across 17 years of filings, most recently posting $14.0 million for Q2 2026.

  • In Q2 2026, Net Income rose 234.03% year-over-year to $14.0 million; the TTM figure through Jun 2026 stood at $202.7 million (up 240.3% YoY), while the FY2025 annual figure was $19.1 million, down 43.94% from the prior year.
  • Net Income came in at $14.0 million for Q2 2026 at Vnet, down from $76.1 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $85.5 million in Q4 2025 to a low of -$341.3 million in Q4 2023.
  • Average Net Income over 5 years is -$12.6 million, with a median of $5.2 million recorded in 2024.
  • Year-over-year, Net Income slumped 3998.38% in 2023 and surged 18019.28% in 2025.
  • Over 5 years, Net Income stood at -$8.3 million in 2022, then tumbled by 3998.38% to -$341.3 million in 2023, then soared by 100.14% to $472000.0 in 2024, then surged by 18019.28% to $85.5 million in 2025, then plunged by 83.66% to $14.0 million in 2026.
  • Per Business Quant data, the three most recent Net Income figures were $14.0 million in Q2 2026, $76.1 million in Q1 2026, and $85.5 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Equinix 100.35 Bn 98.13 Bn 1.40 Bn 477.00 Mn
2 Terawulf 7.45 Bn 4.69 Bn 32.37 Mn -929.76 Mn
3 Cipher Digital 6.82 Bn 2.80 Bn 9.79 Mn -267.53 Mn
4 Applied Digital 6.71 Bn 2.74 Bn 97.29 Mn -81.39 Mn
5 GDS Holdings 5.78 Bn 3.59 Bn 97.89 Mn 123.45 Mn
6 Core Scientific 5.48 Bn 3.54 Bn 70.04 Mn -1.16 Bn
7 Vnet 1.63 Bn 636.30 Mn 74.45 Mn 13.97 Mn
8 Sify Technologies 1.44 Bn 1.44 Bn 51.65 Mn 13.57 Mn
9 WhiteFiber 666.74 Mn 606.37 Mn 18.88 Mn -14.98 Mn
10 Vulcan Infrastructure & Power 432.00 Mn 428.80 Mn -1.25 Mn -9.90 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 13.97 Mn
Mar 31, 2026 76.06 Mn
Dec 31, 2025 85.52 Mn
Sep 30, 2025 27.10 Mn
Jun 30, 2025 -10.43 Mn
Mar 31, 2025 22.18 Mn
Dec 31, 2024 472,000.00
Sep 30, 2024 47.33 Mn
Jun 30, 2024 9.89 Mn
Mar 31, 2024 -22.03 Mn
Dec 31, 2023 -341.31 Mn
Sep 30, 2023 -5.47 Mn
Jun 30, 2023 -32.76 Mn
Mar 31, 2023 15.08 Mn
Dec 31, 2022 -8.33 Mn
Sep 30, 2022 -61.98 Mn
Jun 30, 2022 -56.64 Mn
Mar 31, 2022 14.64 Mn
Dec 31, 2021 -3.84 Mn
Sep 30, 2021 37.27 Mn