Vnet VNET
NASDAQ VNET
$6.53 -0.22 (-3.33%)
As of: Sep 9, 2026 · 3:59 PM EDT

Vnet (VNET) Revenue (2010 - 2026)

Vnet's (VNET) quarterly Revenue came in at $409.5 million in Q2 2026, up 20.52% year-over-year from $339.8 million in Q2 2025, and up 4.97% quarter-over-quarter from $390.1 million in Q1 2026.

Analysis

Vnet (VNET) Revenue (2010 - 2026) Analysis & Trends

Vnet has disclosed Revenue across 17 years of filings, most recently posting $409.5 million for Q2 2026.

  • In Q2 2026, Revenue rose 20.52% year-over-year to $409.5 million; the TTM figure through Jun 2026 stood at $1.5 billion (up 22.81% YoY), while the FY2025 annual figure was $1.4 billion, up 25.74% from the prior year.
  • Revenue came in at $409.5 million for Q2 2026 at Vnet, up from $390.1 million in the prior quarter.
  • In the past five years, Revenue ranged from a high of $409.5 million in Q2 2026 to a low of $251.2 million in Q2 2023.
  • Average Revenue over 5 years is $301.6 million, with a median of $273.5 million recorded in 2022.
  • Year-over-year, Revenue retreated 2.44% in 2023 and climbed 26.04% in 2026.
  • Over 5 years, Revenue stood at $272.7 million in 2022, then dropped by 1.94% to $267.4 million in 2023, then gained by 15.09% to $307.8 million in 2024, then gained by 24.86% to $384.2 million in 2025, then rose by 6.58% to $409.5 million in 2026.
  • Per Business Quant data, the three most recent Revenue figures were $409.5 million in Q2 2026, $390.1 million in Q1 2026, and $384.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Revenue (Qtr)
1 Equinix 102.92 Bn 100.69 Bn 1.40 Bn 2.63 Bn
2 Terawulf 8.33 Bn 5.57 Bn 32.37 Mn 44.77 Mn
3 Applied Digital 7.46 Bn 3.49 Bn 97.29 Mn 258.75 Mn
4 Cipher Digital 6.94 Bn 2.92 Bn 9.79 Mn 24.84 Mn
5 GDS Holdings 6.17 Bn 3.98 Bn 97.89 Mn 455.11 Mn
6 Core Scientific 5.88 Bn 3.94 Bn 70.04 Mn 164.20 Mn
7 Vnet 1.75 Bn 757.22 Mn 74.45 Mn 409.54 Mn
8 Sify Technologies 1.55 Bn 1.55 Bn 51.65 Mn 130.47 Mn
9 WhiteFiber 745.81 Mn 685.44 Mn 18.88 Mn 28.84 Mn
10 Vulcan Infrastructure & Power 445.09 Mn 441.89 Mn -1.25 Mn 3.39 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 409.54 Mn
Mar 31, 2026 390.13 Mn
Dec 31, 2025 384.25 Mn
Sep 30, 2025 362.66 Mn
Jun 30, 2025 339.80 Mn
Mar 31, 2025 309.54 Mn
Dec 31, 2024 307.75 Mn
Sep 30, 2024 302.21 Mn
Jun 30, 2024 274.35 Mn
Mar 31, 2024 262.89 Mn
Dec 31, 2023 267.40 Mn
Sep 30, 2023 258.62 Mn
Jun 30, 2023 251.23 Mn
Mar 31, 2023 262.94 Mn
Dec 31, 2022 272.67 Mn
Sep 30, 2022 255.04 Mn
Jun 30, 2022 257.52 Mn
Mar 31, 2022 259.57 Mn
Dec 31, 2021 273.90 Mn
Sep 30, 2021 242.18 Mn