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VNET (VNET) Gross Margin

Annual Gross Margin

17.44%
-1.78%-9.26%

December 31, 2023

Summary

Performance

1-Year Change

-9.26%

3-Year Change

-21.72%

5-Year Change

-37.22%

15-Year Change

-21.97%

VNET Gross Margin Chart

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Highlights

Sector Rank

13.01%
VNET annual gross profit margin is higher than 13.01% of companies in Technology sector

High & Low

All-time High

28.16%
VNET annual gross profit margin is currently -38.07% below its historical high of 28.16%

3-Year Low

17.44%
VNET annual gross profit margin is currently at its 3-year low

Earnings dates

Last Annual Earnings Report Date

Dec 31, 2023
VNET previous annual earnings announcement was published on Dec 31, 2023

Next Annual Earnings Report Date

Mar 27, 2025
VNET next annual earnings announcement is scheduled for Mar 27, 2025

OtherVNETprofitabilitymetrics:

Annual Revenue

$1.05 B
VNET annual revenue is $1.05 billion

Annual Gross Profit

$182.72 M
VNET annual gross profit is $182.72 million

Annual Operating Margin

-1.35%
VNET annual operating profit margin is -1.35%

Annual Net Margin

-35.67%
VNET annual net profit margin is -35.67%

Quarterly Gross Margin

23.18%
+1.87%+8.78%

September 30, 2024

Summary

Performance

3-Month Change

0%

1-Year Change

0%

3-Year Change

+7.27%

5-Year Change

-1.99%

VNET Quarterly Gross Margin Chart

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Highlights

Sector Rank

16.71%
VNET quarterly gross profit margin is higher than 16.71% of companies in Technology sector

High & Low

All-time High

29.65%
VNET quarterly gross profit margin is currently -21.82% below its historical high of 29.65%

3-Year Low

15.32%
VNET quarterly gross profit margin is currently +51.31% above its 3-year low

Earnings dates

Last Quarterly Earnings Report Date

Sep 30, 2024
VNET previous earnings announcement was published on Sep 30, 2024

Next Quarterly Earnings Report Date

Mar 27, 2025
VNET next earnings announcement is scheduled for Mar 27, 2025

OtherVNETprofitabilitymetrics:

Quarterly Revenue

$296.20 M
VNET quarterly revenue is $296.20 million

Quarterly Gross Profit

$68.67 M
VNET quarterly gross profit is $68.67 million

Quarterly Operating Margin

9.03%
VNET quarterly operating profit margin is 9.03%

Quarterly Net Margin

14.98%
VNET quarterly net profit margin is 14.98%

Gross Margin Formula

Gross Margin =  Gross Profit
Revenue ✕ 100%

Annual Gross Margin

17.44%
VNET annual gross profit margin is 17.44%

Annual Gross Profit

$182.72 M
VNET annual gross profit is $182.72 million

Annual Revenue

$1.05 B
VNET annual revenue is $1.05 billion

VNET Gross Margin Trends

PeriodPeriodAnnualAnnualQuarterlyQuarterly
1 y1 year-9.3%0.0%
3 y3 years-21.7%+7.3%
5 y5 years-37.2%-2.0%

VNET Gross Margin Highs & Lows

PeriodPeriodAnnual vs highAnnual vs highAnnual vs lowAnnual vs lowQuarter. vs highQuarter. vs highQuarter. vs lowQuarter. vs low
3 y3-year-24.9%at lowat high+51.3%
5 y5-year-29.6%at low-3.6%+51.3%
alltimeall time-38.1%at low-21.8%+51.3%

VNET Gross Margin History

DateAnnualQuarterly
Sep 2024
-
23.18%(+8.8%)
Jun 2024
-
21.31%(-1.5%)
Mar 2024
-
21.64%(+41.3%)
Dec 2023
17.44%(-9.3%)
15.32%(-5.7%)
Sep 2023
-
16.24%(-13.7%)
Jun 2023
-
18.81%(-3.6%)
Mar 2023
-
19.51%(+11.7%)
Dec 2022
19.22%(-17.3%)
17.46%(+0.1%)
Sep 2022
-
17.45%(-15.9%)
Jun 2022
-
20.74%(-4.0%)
Mar 2022
-
21.61%(-0.7%)
Dec 2021
23.23%(+4.3%)
21.77%(-9.5%)
Sep 2021
-
24.05%(+0.1%)
Jun 2021
-
24.02%(+3.0%)
Mar 2021
-
23.31%(+6.7%)
Dec 2020
22.28%(-10.1%)
21.84%(-1.1%)
Sep 2020
-
22.09%(-7.2%)
Jun 2020
-
23.80%(+10.9%)
Mar 2020
-
21.46%(-9.3%)
Dec 2019
24.79%(-10.8%)
23.65%(+4.2%)
Sep 2019
-
22.69%(-11.7%)
Jun 2019
-
25.70%(-7.0%)
Mar 2019
-
27.62%(+1.1%)
Dec 2018
27.78%(+24.3%)
27.31%(-1.5%)
Sep 2018
-
27.72%(+0.1%)
Jun 2018
-
27.70%(-2.7%)
Mar 2018
-
28.46%(+8.9%)
Dec 2017
22.35%
26.14%(+22.0%)
Sep 2017
-
21.42%(+0.1%)
Jun 2017
-
21.39%(+2.2%)
DateAnnualQuarterly
Mar 2017
-
20.93%(+2.8%)
Dec 2016
19.55%(-16.8%)
20.36%(+5.4%)
Sep 2016
-
19.31%(+1.7%)
Jun 2016
-
18.98%(-3.2%)
Mar 2016
-
19.60%(-12.1%)
Dec 2015
23.49%(-16.6%)
22.29%(+2.9%)
Sep 2015
-
21.67%(-7.9%)
Jun 2015
-
23.53%(-12.1%)
Mar 2015
-
26.78%(-3.9%)
Dec 2014
28.16%(+7.2%)
27.88%(-6.0%)
Sep 2014
-
29.65%(+8.0%)
Jun 2014
-
27.45%(+0.1%)
Mar 2014
-
27.41%(+3.7%)
Dec 2013
26.28%(-5.9%)
26.42%(+1.8%)
Sep 2013
-
25.96%(-0.7%)
Jun 2013
-
26.14%(-1.9%)
Mar 2013
-
26.64%(-2.1%)
Dec 2012
27.93%(+3.1%)
27.22%(-2.3%)
Sep 2012
-
27.87%(-1.7%)
Jun 2012
-
28.36%(-0.1%)
Mar 2012
-
28.39%(+2.6%)
Dec 2011
27.09%(+10.8%)
27.67%(+1.1%)
Sep 2011
-
27.36%(+1.9%)
Jun 2011
-
26.85%(+2.7%)
Mar 2011
-
26.15%(+7.0%)
Dec 2010
24.44%(-9.1%)
24.44%(+2.6%)
Sep 2010
-
23.82%(-4.7%)
Jun 2010
-
25.00%(+1.8%)
Mar 2010
-
24.56%
Dec 2009
26.89%
-

FAQ

  • What is VNET annual gross profit margin?
  • What is the all time high annual gross margin for VNET?
  • What is VNET annual gross margin year-on-year change?
  • What is VNET quarterly gross profit margin?
  • What is the all time high quarterly gross margin for VNET?
  • What is VNET quarterly gross margin year-on-year change?

What is VNET annual gross profit margin?

The current annual gross margin of VNET is 17.44%

What is the all time high annual gross margin for VNET?

VNET all-time high annual gross profit margin is 28.16%

What is VNET annual gross margin year-on-year change?

Over the past year, VNET annual gross profit margin has changed by -1.78% (-9.26%)

What is VNET quarterly gross profit margin?

The current quarterly gross margin of VNET is 23.18%

What is the all time high quarterly gross margin for VNET?

VNET all-time high quarterly gross profit margin is 29.65%

What is VNET quarterly gross margin year-on-year change?

Over the past year, VNET quarterly gross profit margin has changed by 0.00% (0.00%)