Vnet Income Statement (2010-2025) | VNET

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Income Statement	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Revenue & cost
Revenue (Quarter)	211.69M	231.85M	242.18M	273.90M	259.57M	257.51M	255.04M	272.67M	262.94M	251.23M	258.62M	267.39M	262.89M	274.35M	302.21M	307.75M	309.54M	339.80M	362.66M	384.25M
Cost of Revenue (Quarter)	11.29M	9.23M	5.64M	13.41M	11.82M	12.00M	11.28M	11.07M	211.63M	203.96M	216.62M	226.43M	206.00M	215.88M	232.15M	238.59M	231.63M	263.34M	286.94M	306.98M
Gross Profit (Quarter)	49.35M	55.68M	58.24M	59.63M	56.08M	53.41M	44.51M	47.61M	51.31M	47.27M	42.01M	40.97M	56.88M	58.47M	70.06M	69.17M	77.91M	76.46M	75.72M	77.27M
Operating items
Amortization - Intangibles (Quarter)			-0.54M								-1.52M	-0.01M
Research & Development (Quarter)	-5.12M	-5.93M	-8.32M	-9.89M	-11.46M	-11.46M	-10.31M	-12.20M	-11.61M	-11.19M	-11.06M	-11.36M	-10.44M	-8.53M	-7.57M	-7.68M	-6.01M	-9.43M	-10.02M	-11.25M
Selling, General & Administrative (Quarter)	-20.64M	-23.89M	-25.13M	-61.35M	-24.33M	-24.94M	-23.26M	-22.65M	-18.56M	-17.65M	-18.91M	-20.91M	-31.34M	-14.77M	-18.88M	-26.43M	-24.77M	-29.66M	-26.09M	-31.30M
Restructuring Costs (Quarter)
Other Operating Expenses (Quarter)	-11.35M	71.26M	24.86M	-30.72M	-5.14M	-11.64M	-10.04M	-15.28M	-4.36M	-5.56M	-7.63M	-320.19M	-8.67M	-8.39M	-16.34M	-2.58M	-12.85M	-13.09M	-10.71M	-12.85M
Operating Expenses (Quarter)	-37.12M	-40.65M	-40.56M	-101.96M	-40.93M	-48.03M	-43.60M	-50.13M	-34.53M	-34.41M	-37.59M	-352.46M	-50.45M	-31.69M	-42.79M	-36.70M	-43.66M	-52.31M	-46.82M	-55.40M
Operating Income (Quarter)	12.23M	15.03M	17.68M	-42.33M	15.15M	5.38M	0.90M	-2.52M	16.78M	12.86M	4.41M	-311.50M	6.43M	26.78M	27.27M	32.47M	34.25M	-0.16M	1.79M	21.88M
EBIT (Quarter)	12.23M	15.03M	17.68M	-42.33M	15.15M	5.38M	0.90M	-2.52M	16.78M	12.86M	4.41M	-311.50M	6.43M	26.78M	27.27M	32.47M	0.20M	-0.16M	1.79M	21.88M
Non-operating items
Non Operating Investment Income (Quarter)												-26.06M	0.54M	0.10M	-0.99M	-9.81M	-46.15M	9.83M	-47.37M	41.09M
Interest & Investment Income (Quarter)	0.87M	2.14M	3.56M		0.72M	2.00M	3.21M		0.83M	2.17M	3.92M		1.68M	2.42M	3.11M		0.93M	3.30M	4.54M
Other Non Operating Income (Quarter)	0.33M	0.81M	0.68M	3.47M	0.85M	0.43M	0.30M	1.00M	0.17M	1.96M	1.03M	0.63M	0.67M	4.19M	2.22M	0.25M	0.25M	0.73M	1.03M	5.89M
Net income details
EBT (Quarter)	26.00M	30.66M	34.90M	-30.50M	24.25M	17.61M	15.18M	8.05M	27.77M	24.92M	20.91M	-300.38M	27.18M	41.88M	43.77M	43.03M	14.98M	23.95M	27.55M	48.97M
Tax Provisions (Quarter)	-5.69M	-4.57M	-4.51M	-2.44M	-7.37M	-4.62M	-7.83M	-0.01M	-6.54M	-1.73M	-0.87M	-7.13M	-8.50M	-8.14M	-4.44M	-11.31M	-7.17M	-13.27M	-3.02M	-55.62M
Profit After Tax (Quarter)	-12.36M	71.32M	24.86M	-3.85M	14.65M	-55.76M	-59.60M	-8.33M	15.08M	-32.12M	-5.46M	-341.31M	-22.02M	9.89M	45.26M	0.47M	-30.35M	2.34M	-38.67M	49.38M
Equity Income (Quarter)	-0.20M	-3.65M	-1.87M	-0.27M	0.32M	0.16M	-0.05M	-0.12M	-0.03M	0.14M	0.39M	-0.05M	0.36M	0.44M	0.14M	0.16M	0.44M	0.01M	0.27M	0.24M
Investment Income (Quarter)
Income from Non-Controlling Interests (Quarter)	-0.56M	-0.72M	-0.62M	-0.43M	-0.35M	-0.55M	-0.18M	-0.99M	-3.10M	0.65M	-1.45M	-2.75M	-3.88M	-1.12M	-2.07M	-1.99M	-2.39M	-1.91M	-2.31M	-2.87M
Income from Continuing Operations (Quarter)	31.69M	35.23M	39.41M	-28.07M	31.62M	22.23M	23.01M	8.07M	34.31M	26.65M	21.78M	-293.25M	35.68M	50.02M	48.21M	54.34M	22.14M	37.09M	30.56M	104.59M
Consolidated Net Income (Quarter)	31.69M	35.23M	39.41M	-28.07M	31.62M	22.23M	23.01M	8.07M	34.31M	26.65M	21.78M	-293.25M	35.68M	50.02M	48.21M	54.34M	22.14M	37.09M	30.56M	104.59M
Income towards Parent Company (Quarter)	31.69M	35.23M	39.41M	-28.07M	31.62M	22.23M	23.01M	8.07M	34.31M	26.65M	21.78M	-293.25M	35.68M	50.02M	48.21M	54.34M	22.14M	37.09M	30.56M	104.59M
Net Income towards Common Stockholders (Quarter)	-12.92M	35.23M	39.41M	-28.07M	31.62M	22.23M	23.01M	8.07M	34.31M	26.65M	21.78M	-293.25M	35.68M	50.02M	48.21M	54.34M	22.14M	37.09M	30.56M	104.59M
Additional items
EPS (Basic) (Quarter)	-0.02	0.44M	0.42M	-0.21	2.01M	0.00	0.18	0.06	2.61M	0.21	0.18	-2.34	0.16	4.53M	1.73M	0.24	0.20	0.33	1.95	0.46
EPS (Weighted Average and Diluted) (Quarter)	-0.10	5.69M		-0.20	6.69M		0.17	0.06	3.35M	0.21	0.18	-2.34	0.16	4.53M	6.91M	0.22	0.01			0.46
Shares Outstanding (Weighted Average) (Quarter)	860.54M	80.47	92.75	135.35M	15.76	9,098.83M	129.89M	124.69M	13.16	126.89M	122.91M	125.16M	219.32M	11.05	27.91	221.85M	1,608.80M	15.48M	15.65M	227.32M
Shares Outstanding (Diluted Average) (Quarter)	132.76M	6.19		142.58M	4.73		134.63M	124.69M	10.23	126.89M	122.91M	125.16M	219.32M	11.05	6.98	242.56M	221.32M			227.32M
EBITDA (Quarter)	63.35M	65.84M	69.91M	72.65M	79.85M	72.69M	64.01M	61.52M	80.99M	73.78M	69.62M	62.01M	74.77M	78.96M	84.75M	98.82M	94.04M	102.25M	106.52M	115.12M
Interest Expenses (Quarter)	-12.89M	-13.49M	-13.66M	-11.83M	-8.38M	-10.23M	-11.07M	-10.57M	-10.16M	-9.89M	-12.58M	-11.11M	-19.07M	-12.68M	-13.39M	-10.57M	-13.87M	-21.99M	-21.21M	-27.09M
Tax Rate (Quarter)	-21.90%	-14.90%	-12.92%	8.00%	-30.38%	-26.24%	-51.61%	-0.19%	-23.54%	-6.94%	-4.14%	2.37%	-31.28%	-19.43%	-10.14%	-26.28%	-47.90%	-55.40%	-10.94%	-113.57%

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