VNET Group (VNET) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 30, 2026
- EPS actual
- −$0.08
- EPS estimate
- $0.18
- EPS surprise
- −143.23%
- Revenue surprise
- +1.79%
- Revenue
- $409.0M
- Revenue estimate
- $401.8M
- 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
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Aug 18, 2026 | $0.18 | −$0.08 | −143.23% | $409.0M | SEC |
| Q1 2026 | May 26, 2026 | −$0.03 | −$1.18 | −3327.83% | $390.0M | SEC |
| Q4 2025 | Mar 16, 2026 | $0.01 | −$0.00 | −123.33% | $384.1M | SEC |
| Q3 2025 | Nov 20, 2025 | $0.01 | $0.01 | −48.53% | $297.8M | SEC |
| Q2 2025 | Aug 21, 2025 | $0.01 | −$0.00 | −118.42% | $339.7M | SEC |
| Q1 2025 | May 28, 2025 | −$0.02 | −$0.02 | −2.99% | $309.4M | SEC |
| Q4 2024 | Mar 12, 2025 | $0.03 | −$0.01 | −128.47% | $307.7M | SEC |
| Q3 2024 | Nov 20, 2024 | $0.01 | $0.04 | +252.89% | $302.1M | SEC |
| Q2 2024 | Aug 27, 2024 | −$0.03 | $0.03 | +202.17% | $274.3M | SEC |
| Q1 2024 | May 29, 2024 | −$0.00 | −$0.10 | −10977.78% | $262.8M | SEC |
| Q4 2023 | Mar 27, 2024 | −$0.08 | −$0.37 | −345.47% | $267.4M | SEC |
| Q3 2023 | Nov 15, 2023 | −$0.06 | −$0.39 | −568.47% | $248.4M | SEC |
| Q2 2023 | Aug 23, 2023 | −$0.06 | −$0.22 | −270.86% | $250.9M | SEC |
| Q1 2023 | May 24, 2023 | −$0.04 | $0.06 | +266.03% | $262.9M | SEC |
| Q4 2022 | Mar 21, 2023 | −$0.38 | −$0.06 | +83.90% | $272.5M | SEC |
| Q3 2022 | Nov 22, 2022 | −$0.06 | −$0.40 | −633.15% | $255.0M | — |
| Q2 2022 | Aug 30, 2022 | −$0.04 | −$0.39 | −808.02% | $257.4M | — |
| Q1 2022 | May 24, 2022 | −$0.02 | $0.09 | +646.82% | $259.4M | — |
| Q4 2021 | Mar 30, 2022 | −$0.15 | −$0.03 | +80.72% | $274.7M | — |
| Q3 2021 | Nov 18, 2021 | −$0.04 | −$0.03 | +33.73% | $242.0M | — |
Quarterly revenue
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.
