Vnet (VNET) Operating Income (2010 - 2025)
Vnet (VNET) reported Operating Income of $21.9 million for Q4 2025, down 32.61% on a YoY basis from $32.5 million in Q4 2024, and up 1120.25% sequentially from $1.8 million in Q3 2025.
Vnet (VNET) Operating Income (2010 - 2025) Analysis & Trends
Vnet (VNET) has 16 years of Operating Income data on file, last reported at $21.9 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Income fell 32.61% year-over-year to $21.9 million; the trailing twelve-month figure through Dec 2025 stood at $57.8 million (down 37.86% YoY), and the FY2025 full-year result was $111.6 million, up 21.66% from the prior year.
- Operating Income improved to $21.9 million in Q4 2025, from $1.8 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $34.2 million in Q1 2025 to a low of -$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.
- Across the five-year window, Operating Income tumbled 12265.82% in 2023 and soared 518.2% in 2024, its largest moves.
- Tracing VNET's Operating Income over 5 years: stood at -$42.3 million in 2021, then soared by 94.05% to -$2.5 million in 2022, then plunged by 12265.82% to -$311.5 million in 2023, then soared by 110.42% to $32.5 million in 2024, then sank by 32.61% to $21.9 million in 2025.
- Business Quant data shows VNET's Operating Income at $21.9 million in Q4 2025, $1.8 million in Q3 2025, and -$160000.0 in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn | 2.62 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn | 3.18 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn | 131.63 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn | 1.07 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn | 423.00 Mn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn | 843.00 Mn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn | 414.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn | 359.50 Mn |
| 10 | Vnet | 12.53 Bn | 12.66 Bn | 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 |