VNET Group
VNET

VNET Group (VNET) earnings history

Most recent quarter

Period end
Jun 30, 2026
EPS actual
−$0.08
EPS surprise
−143.23%
Revenue
$409.0M
Reported
Aug 18, 2026

VNET reported Q2 2026 results on August 18, 2026. It posted a loss of $0.08 per share, against an expected profit of $0.18, a 143.23% miss. Revenue was $409.0 million, about 1.8% above the $401.8 million estimate. Compared with Q2 2025, revenue rose about 20% from $339.7 million, while EPS moved from roughly break-even to a loss.

Revenue has grown. It was about $1.04 billion in 2022 and $1.03 billion in 2023, then rose to $1.15 billion in 2024 and $1.33 billion in 2025. Q2 2026 was the highest quarter shown. Earnings have not followed. VNET lost money in 13 of the 20 quarters in the table, and the full-year loss per share was $0.76 in 2022, $0.92 in 2023, $0.04 in 2024 and $0.01 in 2025. Q1 2026 brought the largest quarterly loss in the table, at $1.18 per share. VNET missed the EPS estimate in each of the last four quarters and in seven of the last eight.

Q3 results have come out between November 15 and November 22 in each of the past five years. That points to mid-to-late November 2026 for the next report. It will show whether the 2026 losses narrow.

Earnings history

PeriodReportedEPS estimateEPS actualSurpriseRevenueFiling
Q2 2026Aug 18, 2026$0.18−$0.08−143.23%$409.0MSEC
Q1 2026May 26, 2026−$0.03−$1.18−3327.83%$390.0MSEC
Q4 2025Mar 16, 2026$0.01−$0.00−123.33%$384.1MSEC
Q3 2025Nov 20, 2025$0.01$0.01−48.53%$297.8MSEC
Q2 2025Aug 21, 2025$0.01−$0.00−118.42%$339.7MSEC
Q1 2025May 28, 2025−$0.02−$0.02−2.99%$309.4MSEC
Q4 2024Mar 12, 2025$0.03−$0.01−128.47%$307.7MSEC
Q3 2024Nov 20, 2024$0.01$0.04+252.89%$302.1MSEC
Q2 2024Aug 27, 2024−$0.03$0.03+202.17%$274.3MSEC
Q1 2024May 29, 2024−$0.00−$0.10−10977.78%$262.8MSEC
Q4 2023Mar 27, 2024−$0.08−$0.37−345.47%$267.4MSEC
Q3 2023Nov 15, 2023−$0.06−$0.39−568.47%$248.4MSEC
Q2 2023Aug 23, 2023−$0.06−$0.22−270.86%$250.9MSEC
Q1 2023May 24, 2023−$0.04$0.06+266.03%$262.9MSEC
Q4 2022Mar 21, 2023−$0.38−$0.06+83.90%$272.5MSEC
Q3 2022Nov 22, 2022−$0.06−$0.40−633.15%$255.0M—
Q2 2022Aug 30, 2022−$0.04−$0.39−808.02%$257.4M—
Q1 2022May 24, 2022−$0.02$0.09+646.82%$259.4M—
Q4 2021Mar 30, 2022−$0.15−$0.03+80.72%$274.7M—
Q3 2021Nov 18, 2021−$0.04−$0.03+33.73%$242.0M—

Quarterly revenue

Q3 2021
$242.0M
Q4 2021
$274.7M
Q1 2022
$259.4M
Q2 2022
$257.4M
Q3 2022
$255.0M
Q4 2022
$272.5M
Q1 2023
$262.9M
Q2 2023
$250.9M
Q3 2023
$248.4M
Q4 2023
$267.4M
Q1 2024
$262.8M
Q2 2024
$274.3M
Q3 2024
$302.1M
Q4 2024
$307.7M
Q1 2025
$309.4M
Q2 2025
$339.7M
Q3 2025
$297.8M
Q4 2025
$384.1M
Q1 2026
$390.0M
Q2 2026
$409.0M

Frequently asked questions

  • When did VNET Group (VNET) last report earnings?

    VNET Group last reported on Aug 18, 2026, covering fiscal Q2 2026.

  • Did VNET beat earnings estimates?

    No. VNET Group reported EPS of −$0.08 for Q2 2026 against a $0.18 estimate — a 143.23% miss.

  • How much revenue did VNET report last quarter?

    VNET Group reported $409.0M in revenue for Q2 2026, against a consensus estimate of $401.8M.

Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.