VNET Q2 FY26 net loss widens to RMB 135.6 million; net revenue rises 14.2% to RMB 2.78 billion

Reuters2026/08/18 10:01

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VNET posted 2Q 2026 net revenues of RMB 2.78 billion, up 14.2% year-over-year.
Net loss attributable to ordinary shareholders widened to RMB 144.68 million; loss per ADS was RMB 0.54.
Wholesale IDC net revenues climbed 29.3% to RMB 1.1 billion, lifting wholesale to 39.8% of total net revenues.
Adjusted EBITDA (non-GAAP) rose 25.4% to RMB 918.3 million; margin expanded 3 percentage points to 33%.
Management cited a 345MW wholesale order; full-year outlook kept at RMB 11.5-11.8 billion net revenues, RMB 3.55-3.75 billion adjusted EBITDA.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VNET Group Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608180600PR_NEWS_USPR_____CN27463) on August 18, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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VNET Q2 FY26 net loss widens to RMB 135.6 million; net revenue rises 14.2% to RMB 2.78 billion

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