VNET (VNET Group) Current Deferred Revenue: $191 Mil (As of Mar. 2026)

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VNET VNET Group Inc VNET
53 GF Score
Price $7.82
GF Value $4.33
Valuation Significantly Overvalued
! 8 Warning Signs
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What is VNET Group Current Deferred Revenue?

VNET Group VNET +1.43% 53 Current Deferred Revenue is $191 Mil as of Mar. 2026. GuruFocus rates VNET with a GF Score™ of 53/100 and a GF Value™ of $4.33 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

VNET Group's current deferred revenue for the quarter that ended in Mar. 2026 was $191 Mil.

VNET Group Current Deferred Revenue Related Terms

VNET Group Current Deferred Revenue Historical Data

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The historical data trend for VNET Group's Current Deferred Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VNET Group Current Deferred Revenue Chart

VNET Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.65 180.26 239.32 202.37 159.54

VNET Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Deferred Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 195.36 198.97 256.22 159.54 190.96
VNET
53GF Score
VNET Group Inc VNET
Current Deferred Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Current Deferred Revenue of $191 Mil mean?
VNET Group (VNET) has a Current Deferred Revenue of $191 Mil as of Mar. 2026. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on VNET Group and its competitors.
Is VNET Group's Current Deferred Revenue too high?
VNET Group's current Current Deferred Revenue is $191 Mil. Overall, VNET Group has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VNET Group's Current Deferred Revenue compare to INOD and KD?
VNET Group's Current Deferred Revenue of $191 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Deferred Revenue for a Software company?
A good Current Deferred Revenue depends on the Software industry context. However, Current Deferred Revenue should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on VNET Group and its competitors. VNET Group's current Current Deferred Revenue is $191 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNET Group stock overvalued right now?
Based on GuruFocus' analysis, VNET Group (VNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.33, compared to a current price of $7.82 — trading 80.5% above its estimated fair value. The current Current Deferred Revenue is $191 Mil. VNET Group's overall GF Score™ is 53/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For VNET Group (VNET), the current Current Deferred Revenue is $191 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VNET Group (VNET) Overvalued in 2026?

Based on GuruFocus' analysis, VNET Group stock appears to be overvalued. The current stock price of $7.82 is trading 80.5% above its estimated GF Value™ of $4.33. GuruFocus considers VNET Group to be Significantly Overvalued.

Key valuation signals for VNET:

  • Current Deferred Revenue: $191 Mil
  • GF Value™: $4.33 vs. price of $7.82 (80.5% above fair value)
  • GF Score™: 53/100 with 8 warning signs

No single metric tells the full story. See the VNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VNET Group Business Description

Other Exchanges 217A:Germany
Address No. 10 Jiuxianqiao East Road, Guanjie Building Southeast 1st Floor, Chaoyang District, Beijing, CHN, 100016
VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of December 2025, it had 49,863 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 889 MW of wholesale capacity in service, with a further 452 MW under construction and a further 840 MW held for future development.
53GF Score

Get the complete analysis for VNET

Current Deferred Revenue is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.82
Price
$4.33
GF Value