VNET Group Inc ADR

VNET: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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VNET Earnings: Continued Strong Wholesale Orders but Profitability Disappoints

Dan Baker

Oct 9, 2026

VNET reported a second-quarter result with net revenue growth of 14.2% and adjusted EBITDA growth of 25.4%, compared with 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: Continued Strong Wholesale Orders but Profitability Disappoints

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