Vnet (VNET) Net Margin (2010 - 2025)
Vnet (VNET) reported Net Margin of 11.34% for Q4 2025, up 1184.0% on a YoY basis from 0.88% in Q4 2024, and up 195.85% sequentially from 11.83% in Q3 2025.
Vnet (VNET) Net Margin (2010 - 2025) Analysis & Trends
Vnet (VNET) has 16 years of Net Margin data on file, last reported at 11.34% in Q4 2025.
- For the quarter ending Q4 2025, Net Margin rose 1184.0% year-over-year to 11.34%; the trailing twelve-month figure through Dec 2025 stood at 2.41% (down 644.0% YoY), and the FY2025 full-year result was 2.58%, down 465.0% from the prior year.
- Net Margin climbed to 11.34% in Q4 2025, from 11.83% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 30.45% in Q2 2021 to a low of 120.55% in Q4 2023.
- A 5-year average of 6.03% and a median of 1.03% in 2021 frame the typical range for Net Margin.
- Across the five-year window, Net Margin tumbled 11714 bps in 2023 and jumped 12005 bps in 2024, its largest moves.
- Tracing VNET's Net Margin over 5 years: stood at 1.56% in 2021, then plunged by 119 bps to 3.42% in 2022, then sank by 3429 bps to 120.55% in 2023, then soared by 100 bps to 0.5% in 2024, then soared by 2359 bps to 11.34% in 2025.
- Business Quant data shows VNET's Net Margin at 11.34% in Q4 2025, 11.83% in Q3 2025, and 0.49% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | -0.01% |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 12.76% |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 77.94% |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 1,602.13% |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | 10.70% |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 4.64% |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 12.17% |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 13.71% |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 14.14% |
| 10 | Vnet | 12.53 Bn | 12.66 Bn | 77.27 Mn | 11.34% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 11.34% |
| Sep 30, 2025 | -11.83% |
| Jun 30, 2025 | -0.49% |
| Mar 31, 2025 | -10.56% |
| Dec 31, 2024 | -0.50% |
| Sep 30, 2024 | 14.66% |
| Jun 30, 2024 | 3.21% |
| Mar 31, 2024 | -2.05% |
| Dec 31, 2023 | -120.55% |
| Sep 30, 2023 | 7.59% |
| Jun 30, 2023 | -11.72% |
| Mar 31, 2023 | 10.76% |
| Dec 31, 2022 | -3.42% |
| Sep 30, 2022 | -23.44% |
| Jun 30, 2022 | -21.87% |
| Mar 31, 2022 | 5.51% |
| Dec 31, 2021 | -1.56% |
| Sep 30, 2021 | 10.01% |
| Jun 30, 2021 | 30.45% |
| Mar 31, 2021 | -6.10% |