Changzhou Gaoxin was Vnet’s largest revenue line in fiscal 2024, bringing in $7.91M of $7.95M (99%).
| Counterparty Name | FY 2023 | FY 2024 |
|---|---|---|
| Changzhou Gaoxin | — | $7.91M |
| Shanghai Edge Interchange | $938.00K | $40.00K |
| Total | $938.00K | $7.95M |
Vnet brought in $7.95M from its two revenue lines in fiscal 2024, the year ended December 31, 2024. Vnet regrouped these revenue lines after fiscal 2023, so the total does not compare directly with that year's $938.00K. Changzhou Gaoxin was the largest at $7.91M (99.5%), ahead of Shanghai Edge Interchange at $40.00K (0.5%).
Vnet began breaking out Changzhou Gaoxin in fiscal 2024, when it brought in $7.91M.
Hosting & Related Services was Vnet’s largest product and service line in fiscal 2017, bringing in $2.98B of $3.39B (88%).
| Product and Service | FY 2017 |
|---|---|
| Hosting & Related Services | $2.98B |
| Managed Network Services | $417.53M |
| Total | $3.39B |
Vnet brought in $3.39B from its two product and service lines in fiscal 2017, the year ended December 31, 2017. Hosting & Related Services was the largest at $2.98B (87.7%), ahead of Managed Network Services at $417.53M (12.3%).
Vnet (VNET) reports its revenue by counterparty name and by product and service. In fiscal 2024, Changzhou Gaoxin was its largest revenue line, bringing in $7.91M (99.5% of the total), followed by Shanghai Edge Interchange at $40.00K (0.5%).
Changzhou Gaoxin was Vnet's largest revenue line in fiscal 2024, bringing in $7.91M, or 99.5% of the $7.95M total across its two revenue lines.
Hosting & Related Services was Vnet's largest product and service line in fiscal 2017, bringing in $2.98B, or 87.7% of the $3.39B total across its two product and service lines.
Every figure comes from Vnet's annual financial filings, as reported. Each line keeps the name Vnet gives it, and years follow its fiscal calendar.
Vnet's revenue by counterparty name goes back to fiscal 2023, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.