Vnet Group, Inc. revenue

Vnet Group, Inc.'s revenue was $549m in fiscal 2019, up 6.5% on the year before. Since fiscal 2009 ($45.9m) it has grown at a compound 28.2% a year.

Revenue history

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vnet Group, Inc.: revenue history, annual
Fiscal year	2009Dec 2009	2010Dec 2010	2011Dec 2011	2012Dec 2012	2013Dec 2013	2014Dec 2014	2015Dec 2015	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019
Revenue	46	78	158	242	320	467	579	549	502	515	549
Growth on the year before	—	+69.0%	+103.6%	+52.9%	+32.4%	+45.9%	+23.9%	−5.2%	−8.5%	+2.6%	+6.5%
Gross profit	12	19	43	67	84	131	136	107	112	143	136
Gross margin	26.9%	24.4%	27.1%	27.9%	26.3%	28.2%	23.5%	19.6%	22.4%	27.8%	24.8%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

IT Consulting & Other Services: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Vnet Group, Inc.	$549m	6.5%	—
Ibex Ltd	$644m	15.4%	7.2%
Rimini Street, Inc.	$438m	2.9%	0.8%
Grid Dynamics Holdings, Inc.	$433m	6.6%	11.1%
Ecarx Holdings Inc.	$848m	9.9%	—
RCM Technologies, Inc.	$334m	11.2%	8.3%

Compare with peers

More: IT Consulting & Other Services stocks compared, Technology sector, rankings of US companies

Figures from Vnet Group, Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vnet Group, Inc.