Vnet (VNET) Operating Income (2010 - 2025)
Vnet (VNET) posted Operating Income of $21.9 million for Q4 2025, up 1120.25% sequentially from $1.8 million in Q3 2025, and down 32.61% YoY from $32.5 million in Q4 2024.
Vnet (VNET) Operating Income (2010 - 2025) Analysis & Trends
Vnet has reported Operating Income for 16 years, with the latest figure at $21.9 million in Q4 2025.
- Quarterly Operating Income fell 32.61% year-over-year to $21.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $57.8 million (down 37.86% YoY) and the FY2025 annual result came in at $111.6 million, up 21.66% from the prior year.
- Operating Income improved to $21.9 million in Q4 2025 per VNET's latest filing, from $1.8 million in the prior quarter.
- Over five years, Operating Income peaked at $34.2 million in Q1 2025 and troughed at -$311.5 million in Q4 2023.
- A 5-year average of -$5.3 million and a median of $12.5 million in 2021 frame the typical range for Operating Income.
- The sharpest annual moves came in 2023 and 2024: Operating Income sank 12265.82% in 2023, then surged 518.2% in 2024.
- Over 5 years, Operating Income stood at -$42.3 million in 2021, then soared by 94.05% to -$2.5 million in 2022, then tumbled by 12265.82% to -$311.5 million in 2023, then soared by 110.42% to $32.5 million in 2024, then plunged by 32.61% to $21.9 million in 2025.
- According to Business Quant data, Operating Income over the past three periods registered $21.9 million, $1.8 million, and -$160000.0 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 2.62 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 3.18 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 1.07 Bn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 874.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 507.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 546.30 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 414.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 514.00 Mn |
| 10 | Vnet | 1.78 Bn | 950.66 Mn | 77.27 Mn | 21.88 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 21.88 Mn |
| Sep 30, 2025 | 1.79 Mn |
| Jun 30, 2025 | -160,000.00 |
| Mar 31, 2025 | 34.25 Mn |
| Dec 31, 2024 | 32.47 Mn |
| Sep 30, 2024 | 27.28 Mn |
| Jun 30, 2024 | 26.78 Mn |
| Mar 31, 2024 | 6.43 Mn |
| Dec 31, 2023 | -311.50 Mn |
| Sep 30, 2023 | 4.41 Mn |
| Jun 30, 2023 | 12.86 Mn |
| Mar 31, 2023 | 16.78 Mn |
| Dec 31, 2022 | -2.52 Mn |
| Sep 30, 2022 | 901,000.00 |
| Jun 30, 2022 | 5.38 Mn |
| Mar 31, 2022 | 15.15 Mn |
| Dec 31, 2021 | -42.33 Mn |
| Sep 30, 2021 | 17.68 Mn |
| Jun 30, 2021 | 15.03 Mn |
| Mar 31, 2021 | 12.23 Mn |