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Side-by-side financial comparison of ASTRONICS CORP (ATRO) and VNET Group, Inc. (VNET). Click either name above to swap in a different company.

VNET Group, Inc. is the larger business by last-quarter revenue ($362.7M vs $240.1M, roughly 1.5× ASTRONICS CORP). ASTRONICS CORP produced more free cash flow last quarter ($15.8M vs $-193.1M). Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs 13.9%).

Astronics Corporation is an American aerospace electronics corporation founded in 1968, headquartered in East Aurora, New York. It is traded on NASDAQ as Nasdaq: ATRO. It is known for lighting and electronics integrations on military, commercial, and business aircraft and semiconductor test systems.

VNET Group, Inc. is a leading neutral internet data center service provider operating primarily in China. It offers cloud computing infrastructure, colocation services, managed network solutions, and hybrid cloud support to enterprise clients across technology, finance, and retail sectors, enabling stable, high-performance digital operation foundations for domestic and global businesses expanding in the Chinese market.

ATRO vs VNET — Head-to-Head

Bigger by revenue
VNET
VNET
1.5× larger
VNET
$362.7M
$240.1M
ATRO
More free cash flow
ATRO
ATRO
$208.9M more FCF
ATRO
$15.8M
$-193.1M
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
13.9%
ATRO

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ATRO
ATRO
VNET
VNET
Revenue
$240.1M
$362.7M
Net Profit
$-38.7M
Gross Margin
33.3%
20.9%
Operating Margin
14.8%
0.5%
Net Margin
-10.7%
Revenue YoY
15.1%
Net Profit YoY
EPS (diluted)
$0.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ATRO
ATRO
VNET
VNET
Q4 25
$240.1M
Q3 25
$211.4M
$362.7M
Q2 25
$204.7M
Q1 25
$205.9M
$309.5M
Q4 24
$208.5M
Q3 24
$203.7M
$302.2M
Q2 24
$198.1M
$274.4M
Q1 24
$185.1M
$262.9M
Net Profit
ATRO
ATRO
VNET
VNET
Q4 25
Q3 25
$-11.1M
$-38.7M
Q2 25
$1.3M
Q1 25
$9.5M
$-2.4M
Q4 24
Q3 24
$-11.7M
$-2.1M
Q2 24
$1.5M
$-1.1M
Q1 24
$-3.2M
$-22.0M
Gross Margin
ATRO
ATRO
VNET
VNET
Q4 25
33.3%
Q3 25
30.5%
20.9%
Q2 25
25.8%
Q1 25
29.5%
25.2%
Q4 24
29.8%
Q3 24
27.1%
23.2%
Q2 24
28.0%
21.3%
Q1 24
25.7%
21.6%
Operating Margin
ATRO
ATRO
VNET
VNET
Q4 25
14.8%
Q3 25
10.9%
0.5%
Q2 25
2.3%
Q1 25
6.4%
0.1%
Q4 24
4.3%
Q3 24
4.1%
24.5%
Q2 24
3.8%
0.2%
Q1 24
0.9%
0.2%
Net Margin
ATRO
ATRO
VNET
VNET
Q4 25
Q3 25
-5.2%
-10.7%
Q2 25
0.6%
Q1 25
4.6%
-0.8%
Q4 24
Q3 24
-5.8%
-0.7%
Q2 24
0.8%
-0.4%
Q1 24
-1.7%
-8.4%
EPS (diluted)
ATRO
ATRO
VNET
VNET
Q4 25
$0.82
Q3 25
$-0.31
Q2 25
$0.04
Q1 25
$0.26
Q4 24
$-0.07
Q3 24
$-0.34
Q2 24
$0.04
Q1 24
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ATRO
ATRO
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$18.2M
$492.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$140.1M
$890.8M
Total Assets
$706.7M
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATRO
ATRO
VNET
VNET
Q4 25
$18.2M
Q3 25
$13.5M
$492.1M
Q2 25
$13.5M
Q1 25
$24.8M
$544.3M
Q4 24
$9.3M
Q3 24
$5.2M
$219.5M
Q2 24
$2.9M
$247.2M
Q1 24
$5.3M
$246.9M
Total Debt
ATRO
ATRO
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
Q1 24
Stockholders' Equity
ATRO
ATRO
VNET
VNET
Q4 25
$140.1M
Q3 25
$108.9M
$890.8M
Q2 25
$271.6M
Q1 25
$266.8M
$927.8M
Q4 24
$256.1M
Q3 24
$249.2M
$902.9M
Q2 24
$257.9M
$900.6M
Q1 24
$251.7M
$895.1M
Total Assets
ATRO
ATRO
VNET
VNET
Q4 25
$706.7M
Q3 25
$682.2M
$6.1B
Q2 25
$646.7M
Q1 25
$662.2M
$5.4B
Q4 24
$648.8M
Q3 24
$651.6M
$4.3B
Q2 24
$644.9M
$4.0B
Q1 24
$630.0M
$3.9B
Debt / Equity
ATRO
ATRO
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.28×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ATRO
ATRO
VNET
VNET
Operating Cash FlowLast quarter
$27.6M
$113.8M
Free Cash FlowOCF − Capex
$15.8M
$-193.1M
FCF MarginFCF / Revenue
6.6%
-53.2%
Capex IntensityCapex / Revenue
4.9%
84.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.1M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATRO
ATRO
VNET
VNET
Q4 25
$27.6M
Q3 25
$34.2M
$113.8M
Q2 25
$-7.6M
Q1 25
$20.6M
$27.0M
Q4 24
$26.4M
Q3 24
$8.4M
$108.3M
Q2 24
$-6.3M
$55.8M
Q1 24
$2.0M
$37.1M
Free Cash Flow
ATRO
ATRO
VNET
VNET
Q4 25
$15.8M
Q3 25
$21.0M
$-193.1M
Q2 25
$-12.2M
Q1 25
$18.5M
$-220.0M
Q4 24
$23.2M
Q3 24
$6.5M
$-95.0M
Q2 24
$-8.1M
$-81.6M
Q1 24
$439.0K
$-102.2M
FCF Margin
ATRO
ATRO
VNET
VNET
Q4 25
6.6%
Q3 25
9.9%
-53.2%
Q2 25
-6.0%
Q1 25
9.0%
-71.1%
Q4 24
11.1%
Q3 24
3.2%
-31.4%
Q2 24
-4.1%
-29.8%
Q1 24
0.2%
-38.9%
Capex Intensity
ATRO
ATRO
VNET
VNET
Q4 25
4.9%
Q3 25
6.2%
84.6%
Q2 25
2.2%
Q1 25
1.0%
79.8%
Q4 24
1.5%
Q3 24
0.9%
67.3%
Q2 24
0.9%
50.1%
Q1 24
0.9%
53.0%
Cash Conversion
ATRO
ATRO
VNET
VNET
Q4 25
Q3 25
Q2 25
-5.81×
Q1 25
2.17×
Q4 24
Q3 24
Q2 24
-4.08×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ATRO
ATRO

Product Line Electrical Power And Motion$113.8M47%
Product Line Avionics$32.0M13%
Military Aircraft$28.0M12%
General Aviation$22.3M9%
Government And Defense$20.5M9%
Product Line Systems Certification$13.2M6%
Product Line Structures$3.7M2%
Product Line Other$2.3M1%

VNET
VNET

Segment breakdown not available.

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