Q4: 2026-03-16 Earnings Summary
EPS of $0.15 beats by $0.13
| Revenue of $389.69M (25.57% Y/Y) beats by $10.56M
VNET Group, Inc. (VNET) Q4 2025 Earnings Call March 16, 2026 8:00 AM EDT
Company Participants
Xinyuan Liu – Head of Director of Investor
Xiao Liu – Rotating President of the Group
Peter Zhang – Senior Vice President of Operational Finance
Conference Call Participants
Yue Tang – Morgan Stanley, Research Division
Yu Lee – Jefferies LLC, Research Division
Huiqun Li – BofA Securities, Research Division
Timothy Zhao – Goldman Sachs Group, Inc., Research Division
Ethan Zhang – Nomura Securities Co. Ltd., Research Division
Shuyun Che – China International Capital Corporation Limited, Research Division
Xinyi Wang – UBS Investment Bank, Research Division
Presentation
Operator
Hello, ladies and gentlemen. Thank you for standing by for the Fourth Quarter and Full Year 2025 Earnings Conference Call for VNET Group, Inc. [Operator Instructions] Participants from our management include Ms. Sharon Liu, Rotating President; Mr. Peter Zhang, SVP of Operational Finance; and Ms. Xinyuan Liu, Head of Investor Relations for the company. Please note that today’s conference call is being recorded.
I would now like to turn the call over to the first speaker today, Ms. Xinyuan Liu. Please go ahead.
Xinyuan Liu
Head of Director of Investor
Thank you, operator. Hello, everyone, and welcome to our fourth quarter and full year 2025 earnings conference call. Our earnings release was distributed earlier today and you can find a copy on our IR website as well as on Newswire services.
Please note that today’s call will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from our current expectations. For detailed discussions of these risks and uncertainties, please refer to our latest annual report and other documents filed with the SEC.
VNET does not undertake any