VNET

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Ticker: VNET
Exchange: NASDAQ
Currency: USD
Country: CN
Security: American Depositary Receipt
Industry roles: Energy & infrastructure

Listing source history

Listing data synced 2026-09-10. This is the listing record date, separate from quote updates.

Business address: GUANJIE BUILDING, SOUTHEAST 1ST FLOOR, 10# JIUXIANQIAO EAST ROAD, Beijing, China, 100016 ↗
Website: Visit ↗
Investor relations: Visit ↗
Filings: Visit ↗

Financial report at last profile review

Interim financial report · 2026-06-30 ↗

Period ended 2026-06-30 · Published 2026-08-18

Source review history

Sources checked 2026-09-13 · Profile review date, separate from quote updates.

AI supply-chain role

Participates in the energy & infrastructure part of the AI supply chain.

Explore in 3D map

Sources may describe historical activity or future plans. Source publication dates do not confirm current deliveries. ✓ Verified means one of the two companies confirmed the relationship in its own filing, investor-relations release or official announcement, and the source link was checked on the review date.

Partners & technology 1

Microsoft· Partner / technology

Cloud services

Open company

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Dispute or correct this relationship

Documented — status as described by source

Microsoft and VNET collaborate on the business described in the sources.

Product / business: Cloud services

Source description and scope

VNET's first-quarter 2026 investor presentation identifies a long-term Microsoft partnership for public and hybrid cloud services in mainland China.

Limited to the source's named project or business scope; no exclusivity or additional volumes inferred.

VNET's first-quarter 2026 investor presentation identifies a long-term Microsoft partnership for public and hybrid cloud services in mainland China. ↗
Source published: Unknown

Latest earnings

2026-08-18

VNET Reports Unaudited Second Quarter 2026 Financial Results ↗

Latest company announcements

2026-09-21 · IRVNET Announces Closing of Previously Announced Strategic Investment ↗
2026-09-21 · SECVNET · 6-K filing ↗

Business and financials

Estimated market cap

1.06B USD

As of 2026-10-23

Calculation details

Latest cached closing price × reported ordinary shares outstanding ÷ ordinary shares per US-listed unit.

Ordinary shares per US-listed unit: 6 · Listing ratio source ↗

Share count as of 2026-06-30

Filed 2026-09-21 ↗

Annual financials

Annual report for the year ended 2025-12-31. These are reported annual figures, not trailing twelve-month estimates.

A business excerpt is not available. Read the annual report for the company’s description.

Read the 20-F annual report ↗

Revenue: Unavailable; No comparable standard-tagged figure in this annual period.
Net income: Unavailable; No comparable standard-tagged figure in this annual period.
Diluted EPS: Unavailable; No comparable standard-tagged figure in this annual period.
Operating cash flow: Unavailable; No comparable standard-tagged figure in this annual period.
Cash and equivalents: Unavailable; No comparable standard-tagged figure in this annual period.
Total assets: Unavailable; No comparable standard-tagged figure in this annual period.

Source: SEC Company Facts. Checked 2026-10-19. Data is refreshed in the background. Missing or ambiguous figures are left unavailable.

Showing a previously fetched snapshot. A recent refresh has not completed.

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Peer comparison

Infrastructure · US-listed · 30 companies in the recorded group

Same-market companies with the same recorded industry role. Coverage is partial; this is not a full-industry ranking.

Sample coverage 29/30Your company’s sample rank 29/29As of 2026-10-23

Values in USD

Market caps are estimates based on cached closing prices and disclosed share counts.

Sample mean: 559.34B
Sample median: 75.25B

1
AlphabetGOOGL
3.92T
2
MicrosoftMSFT
3.89T
3
AmazonAMZN
2.68T
29
VNETVNET
1.06B

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VNET

Financial report at last profile review

Industry

Investment themes

AI supply-chain role

Partners & technology 1

Latest earnings

Latest company announcements

Business and financials

Annual financials

Peer comparison

Analyst views

Analyst posts

AI supply-chain role

Partners & technology 1

Business and financials

Annual financials

Peer comparison

Industry

Investment themes