VNET Group Inc ADR

VNET: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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VNET Earnings: Very Strong Quarter for New Wholesale Orders

Dan Baker

May 27, 2026

VNET reported a strong first-quarter 2026 result with net revenue growth of 19.8% and adjusted EBITDA growth of 30.6%. The first quarter was ahead of management's unchanged 2026 guidance of net revenue growth of 15.6%-18.6% and adjusted EBITDA growth of 19.2%-25.9%.

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VNET Group Inc ADR

VNET Earnings: Very Strong Quarter for New Wholesale Orders

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