Vnet (VNET) Operating Income (2010 - 2026)
Vnet's (VNET) quarterly Operating Income came in at $33.8 million in Q2 2026, up 21216.25% year-over-year from N/an in Q2 2025, and up 281450.0% quarter-over-quarter from $12000.0 in Q1 2026.
Analysis
Vnet (VNET) Operating Income (2010 - 2026) Analysis & Trends
Vnet has disclosed Operating Income across 17 years of filings, most recently posting $33.8 million for Q2 2026.
- In Q2 2026, Operating Income rose 21216.25% year-over-year to $33.8 million; the TTM figure through Jun 2026 stood at $37.7 million (up 146.93% YoY), while the FY2025 annual figure was $4.0 million, down 74.72% from the prior year.
- Operating Income came in at $33.8 million for Q2 2026 at Vnet, up from $12000.0 in the prior quarter.
- In the past five years, Operating Income ranged from a high of $33.8 million in Q2 2026 to a low of -$311.5 million in Q4 2023.
- Average Operating Income over 5 years is -$10.6 million, with a median of $1.9 million recorded in 2025.
- Year-over-year, Operating Income plunged 12265.82% in 2023 and jumped 21216.25% in 2026.
- Over 5 years, Operating Income stood at -$2.5 million in 2022, then sank by 12265.82% to -$311.5 million in 2023, then surged by 104.35% to $13.5 million in 2024, then tumbled by 84.51% to $2.1 million in 2025, then soared by 1510.39% to $33.8 million in 2026.
- Per Business Quant data, the three most recent Operating Income figures were $33.8 million in Q2 2026, $12000.0 in Q1 2026, and $2.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 665.00 Mn |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | -140.45 Mn |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -78.54 Mn |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -124.82 Mn |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | 64.73 Mn |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -78.47 Mn |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | 33.79 Mn |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | 11.79 Mn |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | -9.26 Mn |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | -9.64 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.79 Mn |
| Mar 31, 2026 | 12,000.00 |
| Dec 31, 2025 | 2.10 Mn |
| Sep 30, 2025 | 1.79 Mn |
| Jun 30, 2025 | -160,000.00 |
| Mar 31, 2025 | 201,000.00 |
| Dec 31, 2024 | 13.55 Mn |
| Sep 30, 2024 | 1.68 Mn |
| Jun 30, 2024 | 26.78 Mn |
| Mar 31, 2024 | 547,000.00 |
| Dec 31, 2023 | -311.50 Mn |
| Sep 30, 2023 | 4.41 Mn |
| Jun 30, 2023 | 12.86 Mn |
| Mar 31, 2023 | 4.86 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 |