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Side-by-side financial comparison of BARRETT BUSINESS SERVICES INC (BBSI) 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 $321.1M, roughly 1.1× BARRETT BUSINESS SERVICES INC). BARRETT BUSINESS SERVICES INC runs the higher net margin — 5.1% vs -10.7%, a 15.8% gap on every dollar of revenue. BARRETT BUSINESS SERVICES INC produced more free cash flow last quarter ($70.6M vs $-193.1M). Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs 9.9%).

Barrett Firearms Manufacturing is an Australian-owned, American manufacturer of firearms and ammunition located in Christiana, Tennessee. It was founded in 1982 by Ronnie G. Barrett for the purpose of building semi-automatic rifles chambered for the .50 BMG ammunition, originally developed for and used in M2 Browning machine guns. Barrett began this work in the early 1980s, and the first working rifles were available in 1982, hence the designation M82. Barrett personally designed every part o...

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.

BBSI vs VNET — Head-to-Head

Bigger by revenue
VNET
VNET
1.1× larger
VNET
$362.7M
$321.1M
BBSI
Higher net margin
BBSI
BBSI
15.8% more per $
BBSI
5.1%
-10.7%
VNET
More free cash flow
BBSI
BBSI
$263.7M more FCF
BBSI
$70.6M
$-193.1M
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
9.9%
BBSI

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
BBSI
BBSI
VNET
VNET
Revenue
$321.1M
$362.7M
Net Profit
$16.4M
$-38.7M
Gross Margin
21.3%
20.9%
Operating Margin
5.8%
0.5%
Net Margin
5.1%
-10.7%
Revenue YoY
5.3%
Net Profit YoY
-2.4%
EPS (diluted)
$0.63

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
BBSI
BBSI
VNET
VNET
Q4 25
$321.1M
Q3 25
$318.9M
$362.7M
Q2 25
$307.7M
Q1 25
$292.6M
$309.5M
Q4 24
$304.8M
Q3 24
$294.3M
$302.2M
Q2 24
$279.7M
$274.4M
Q1 24
$265.8M
$262.9M
Net Profit
BBSI
BBSI
VNET
VNET
Q4 25
$16.4M
Q3 25
$20.6M
$-38.7M
Q2 25
$18.5M
Q1 25
$-1.0M
$-2.4M
Q4 24
$16.8M
Q3 24
$19.6M
$-2.1M
Q2 24
$16.7M
$-1.1M
Q1 24
$-136.0K
$-22.0M
Gross Margin
BBSI
BBSI
VNET
VNET
Q4 25
21.3%
Q3 25
24.1%
20.9%
Q2 25
23.8%
Q1 25
14.6%
25.2%
Q4 24
23.4%
Q3 24
25.3%
23.2%
Q2 24
24.3%
21.3%
Q1 24
14.9%
21.6%
Operating Margin
BBSI
BBSI
VNET
VNET
Q4 25
5.8%
Q3 25
7.8%
0.5%
Q2 25
7.5%
Q1 25
-1.4%
0.1%
Q4 24
6.8%
Q3 24
8.0%
24.5%
Q2 24
7.3%
0.2%
Q1 24
-1.8%
0.2%
Net Margin
BBSI
BBSI
VNET
VNET
Q4 25
5.1%
Q3 25
6.5%
-10.7%
Q2 25
6.0%
Q1 25
-0.3%
-0.8%
Q4 24
5.5%
Q3 24
6.7%
-0.7%
Q2 24
6.0%
-0.4%
Q1 24
-0.1%
-8.4%
EPS (diluted)
BBSI
BBSI
VNET
VNET
Q4 25
$0.63
Q3 25
$0.79
Q2 25
$0.70
Q1 25
$-0.04
Q4 24
$0.63
Q3 24
$0.74
Q2 24
$0.62
Q1 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
BBSI
BBSI
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$157.2M
$492.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$241.0M
$890.8M
Total Assets
$779.1M
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBSI
BBSI
VNET
VNET
Q4 25
$157.2M
Q3 25
$109.8M
$492.1M
Q2 25
$90.4M
Q1 25
$99.1M
$544.3M
Q4 24
$121.9M
Q3 24
$14.4M
$219.5M
Q2 24
$40.3M
$247.2M
Q1 24
$51.3M
$246.9M
Total Debt
BBSI
BBSI
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
Q1 24
Stockholders' Equity
BBSI
BBSI
VNET
VNET
Q4 25
$241.0M
Q3 25
$240.1M
$890.8M
Q2 25
$225.8M
Q1 25
$213.4M
$927.8M
Q4 24
$221.4M
Q3 24
$215.4M
$902.9M
Q2 24
$199.0M
$900.6M
Q1 24
$189.6M
$895.1M
Total Assets
BBSI
BBSI
VNET
VNET
Q4 25
$779.1M
Q3 25
$777.9M
$6.1B
Q2 25
$713.6M
Q1 25
$778.6M
$5.4B
Q4 24
$745.5M
Q3 24
$725.8M
$4.3B
Q2 24
$688.6M
$4.0B
Q1 24
$747.8M
$3.9B
Debt / Equity
BBSI
BBSI
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
BBSI
BBSI
VNET
VNET
Operating Cash FlowLast quarter
$76.1M
$113.8M
Free Cash FlowOCF − Capex
$70.6M
$-193.1M
FCF MarginFCF / Revenue
22.0%
-53.2%
Capex IntensityCapex / Revenue
1.7%
84.6%
Cash ConversionOCF / Net Profit
4.64×
TTM Free Cash FlowTrailing 4 quarters
$47.2M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBSI
BBSI
VNET
VNET
Q4 25
$76.1M
Q3 25
$38.4M
$113.8M
Q2 25
$-53.8M
Q1 25
$5.2M
$27.0M
Q4 24
$53.4M
Q3 24
$-935.0K
$108.3M
Q2 24
$-51.3M
$55.8M
Q1 24
$9.0M
$37.1M
Free Cash Flow
BBSI
BBSI
VNET
VNET
Q4 25
$70.6M
Q3 25
$34.1M
$-193.1M
Q2 25
$-58.2M
Q1 25
$697.0K
$-220.0M
Q4 24
$50.2M
Q3 24
$-4.2M
$-95.0M
Q2 24
$-56.3M
$-81.6M
Q1 24
$6.2M
$-102.2M
FCF Margin
BBSI
BBSI
VNET
VNET
Q4 25
22.0%
Q3 25
10.7%
-53.2%
Q2 25
-18.9%
Q1 25
0.2%
-71.1%
Q4 24
16.5%
Q3 24
-1.4%
-31.4%
Q2 24
-20.1%
-29.8%
Q1 24
2.3%
-38.9%
Capex Intensity
BBSI
BBSI
VNET
VNET
Q4 25
1.7%
Q3 25
1.4%
84.6%
Q2 25
1.4%
Q1 25
1.5%
79.8%
Q4 24
1.0%
Q3 24
1.1%
67.3%
Q2 24
1.8%
50.1%
Q1 24
1.0%
53.0%
Cash Conversion
BBSI
BBSI
VNET
VNET
Q4 25
4.64×
Q3 25
1.86×
Q2 25
-2.92×
Q1 25
Q4 24
3.18×
Q3 24
-0.05×
Q2 24
-3.07×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

BBSI
BBSI

Professional Employer Services$303.6M95%
Staffing Services$17.6M5%

VNET
VNET

Segment breakdown not available.

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