VNET Group (VNET)

Revenue in 2024 (TTM): $1.10 Billion USD

According to VNET Group's latest financial reports the company's current revenue (TTM

) is $1.10 Billion USD. In 2023 the company made a revenue of $1.04 Billion USD an increase over the revenue in the year 2022 that were of $1.04 Billion USD. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.

Revenue history for VNET Group from 2010 to 2024

Annual revenue

Year	Revenue	Change
2024 (TTM)	$1.10 B	5.96%
2023	$1.04 B	0.19%
2022	$1.04 B	9.01%
2021	$0.95 B	35.9%
2020	$0.70 B	28.84%
2019	$0.54 B	7.19%
2018	$0.51 B	0.97%
2017	$0.50 B	-7.41%
2016	$0.54 B	-5.2%
2015	$0.57 B	23.78%
2014	$0.46 B	44.77%
2013	$0.32 B	32.59%
2012	$0.24 B	52.01%
2011	$0.15 B	103.28%
2010	$78.42 M

Revenue for similar companies or competitors

Company	Revenue	Revenue differencediff.	Country
Equinix EQIX	$8.59 B	675.67%	🇺🇸 USA
Baidu BIDU	$18.76 B	1,593.06%	🇨🇳 China

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Revenue for VNET Group (VNET)

Revenue in 2024 (TTM): $1.10 Billion USD