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VNET (VNET) has a revenue of $1.53B, up 20.5% over the past year and up 14.9% per year over the past five years.
Revenue TTM
$1.53B
5Y CAGR
14.92%
3Y CAGR
10.42%
Gross Margin
21.59%
| Year | Revenue | Change |
|---|---|---|
| 2025 | $1.47B | +20.53% |
| 2024 | $1.22B | +10.79% |
| 2023 | $1.10B | +4.90% |
| 2022 | $1.05B | +14.16% |
| 2021 | $916.71M | +28.18% |
| 2020 | $715.18M | +27.45% |
| 2019 | $561.15M | +11.41% |
| 2018 | $503.69M | +0.25% |
| 2017 | $502.46M | - |
| Quarter | Revenue | Change |
|---|---|---|
| Q1 2026 | $398.56M | +1.55% |
| Q4 2025 | $392.47M | +3.18% |
| Q3 2025 | $380.35M | +5.51% |
| Q2 2025 | $360.51M | +8.37% |
| Q1 2025 | $332.67M | -0.01% |
| Q4 2024 | $332.69M | +8.30% |
| Q3 2024 | $307.19M | +4.04% |
| Q2 2024 | $295.28M | +5.04% |
| Q1 2024 | $281.11M | +0.00% |
| Q4 2023 | $281.11M | +0.59% |
| Q3 2023 | $279.45M | +3.58% |
| Q2 2023 | $269.80M | +0.88% |
| Q1 2023 | $267.44M | -3.98% |
| Q4 2022 | $278.53M | +3.66% |
| Q3 2022 | $268.68M | +5.18% |
| Q2 2022 | $255.45M | +4.76% |
| Q1 2022 | $243.84M | -5.67% |
| Q4 2021 | $258.50M | +11.85% |
| Q3 2021 | $231.10M | +4.24% |
| Q2 2021 | $221.70M | +7.94% |
| Q1 2021 | $205.40M | +2.86% |
| Q4 2020 | $199.69M | +8.23% |
| Q3 2020 | $184.50M | +8.89% |
| Q2 2020 | $169.44M | +4.88% |
| Q1 2020 | $161.55M | +4.07% |
| Q4 2019 | $155.23M | +6.85% |
| Q3 2019 | $145.28M | +10.47% |
| Q2 2019 | $131.52M | +1.85% |
| Q1 2019 | $129.12M | -3.33% |
| Q4 2018 | $133.57M | +3.66% |
| Q3 2018 | $128.86M | +5.04% |
| Q2 2018 | $122.67M | +3.44% |
| Q1 2018 | $118.59M | +4.56% |
| Q4 2017 | $113.42M | -13.57% |
| Q3 2017 | $131.22M | +0.84% |
| Q2 2017 | $130.13M | +1.91% |
| Q1 2017 | $127.69M | -4.27% |
| Q4 2016 | $133.39M | -6.96% |
| Q3 2016 | $143.36M | +6.28% |
| Q2 2016 | $134.90M | - |
Revenue — often called the top line — is the total amount a company earns from selling its products and services before any expenses are deducted. Consistent revenue growth is a core signal of expanding demand and a healthy business.