
VNET Q2 revenue climbs 14.2% to RMB2.78 billion
VNET (NASDAQ:VNET) reported Q2 2026 net revenue of RMB2.78 billion, up 14.2% year over year, as wholesale data-center revenue increased.
VNET Group (NASDAQ:VNET) reported its unaudited financial results for the fourth quarter and full year ended December 31, 2025, on March 16, 2026.
VNET Group (NASDAQ:VNET) recorded a 19.8% increase in first-quarter revenue, driven by accelerating enterprise demand for its wholesale data center space, even as one-off tax expenses tied to capital transactions widened its net loss.