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Side-by-side financial comparison of Simpson Manufacturing Co., Inc. (SSD) and VNET Group, Inc. (VNET). Click either name above to swap in a different company.

Simpson Manufacturing Co., Inc. is the larger business by last-quarter revenue ($588.0M vs $362.7M, roughly 1.6× VNET Group, Inc.). Simpson Manufacturing Co., Inc. runs the higher net margin — 15.0% vs -10.7%, a 25.7% gap on every dollar of revenue. Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs -0.8%).

Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.

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.

SSD vs VNET — Head-to-Head

Bigger by revenue
SSD
SSD
1.6× larger
SSD
$588.0M
$362.7M
VNET
Higher net margin
SSD
SSD
25.7% more per $
SSD
15.0%
-10.7%
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
-0.8%
SSD

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
SSD
SSD
VNET
VNET
Revenue
$588.0M
$362.7M
Net Profit
$88.2M
$-38.7M
Gross Margin
45.2%
20.9%
Operating Margin
19.5%
0.5%
Net Margin
15.0%
-10.7%
Revenue YoY
9.1%
Net Profit YoY
13.3%
EPS (diluted)
$2.13

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
SSD
SSD
VNET
VNET
Q1 26
$588.0M
Q4 25
$539.3M
Q3 25
$623.5M
$362.7M
Q2 25
$631.1M
Q1 25
$538.9M
$309.5M
Q4 24
$517.4M
Q3 24
$587.2M
$302.2M
Q2 24
$597.0M
$274.4M
Net Profit
SSD
SSD
VNET
VNET
Q1 26
$88.2M
Q4 25
$56.2M
Q3 25
$107.4M
$-38.7M
Q2 25
$103.5M
Q1 25
$77.9M
$-2.4M
Q4 24
$55.4M
Q3 24
$93.5M
$-2.1M
Q2 24
$97.8M
$-1.1M
Gross Margin
SSD
SSD
VNET
VNET
Q1 26
45.2%
Q4 25
43.4%
Q3 25
46.4%
20.9%
Q2 25
46.7%
Q1 25
46.8%
25.2%
Q4 24
44.0%
Q3 24
46.8%
23.2%
Q2 24
46.7%
21.3%
Operating Margin
SSD
SSD
VNET
VNET
Q1 26
19.5%
Q4 25
13.9%
Q3 25
22.6%
0.5%
Q2 25
22.2%
Q1 25
19.0%
0.1%
Q4 24
14.8%
Q3 24
21.3%
24.5%
Q2 24
22.1%
0.2%
Net Margin
SSD
SSD
VNET
VNET
Q1 26
15.0%
Q4 25
10.4%
Q3 25
17.2%
-10.7%
Q2 25
16.4%
Q1 25
14.5%
-0.8%
Q4 24
10.7%
Q3 24
15.9%
-0.7%
Q2 24
16.4%
-0.4%
EPS (diluted)
SSD
SSD
VNET
VNET
Q1 26
$2.13
Q4 25
$1.34
Q3 25
$2.58
Q2 25
$2.47
Q1 25
$1.85
Q4 24
$1.31
Q3 24
$2.21
Q2 24
$2.31

Balance Sheet & Financial Strength

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

Metric
SSD
SSD
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$341.0M
$492.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.1B
$890.8M
Total Assets
$3.0B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSD
SSD
VNET
VNET
Q1 26
$341.0M
Q4 25
$384.1M
Q3 25
$297.3M
$492.1M
Q2 25
$190.4M
Q1 25
$150.3M
$544.3M
Q4 24
$239.4M
Q3 24
$339.4M
$219.5M
Q2 24
$354.9M
$247.2M
Total Debt
SSD
SSD
VNET
VNET
Q1 26
Q4 25
$300.0M
Q3 25
$371.3M
Q2 25
$376.9M
Q1 25
$382.5M
Q4 24
$388.1M
Q3 24
$393.8M
$1.2B
Q2 24
$399.4M
Stockholders' Equity
SSD
SSD
VNET
VNET
Q1 26
$2.1B
Q4 25
$2.0B
Q3 25
$2.0B
$890.8M
Q2 25
$1.9B
Q1 25
$1.9B
$927.8M
Q4 24
$1.8B
Q3 24
$1.9B
$902.9M
Q2 24
$1.8B
$900.6M
Total Assets
SSD
SSD
VNET
VNET
Q1 26
$3.0B
Q4 25
$3.1B
Q3 25
$3.0B
$6.1B
Q2 25
$3.0B
Q1 25
$2.8B
$5.4B
Q4 24
$2.7B
Q3 24
$2.9B
$4.3B
Q2 24
$2.8B
$4.0B
Debt / Equity
SSD
SSD
VNET
VNET
Q1 26
Q4 25
0.15×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
0.21×
Q3 24
0.21×
1.28×
Q2 24
0.23×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSD
SSD
VNET
VNET
Q1 26
Q4 25
$155.7M
Q3 25
$170.2M
$113.8M
Q2 25
$125.2M
Q1 25
$7.6M
$27.0M
Q4 24
$115.8M
Q3 24
$103.3M
$108.3M
Q2 24
$111.1M
$55.8M
Free Cash Flow
SSD
SSD
VNET
VNET
Q1 26
Q4 25
$119.0M
Q3 25
$133.9M
$-193.1M
Q2 25
$87.3M
Q1 25
$-42.6M
$-220.0M
Q4 24
$60.3M
Q3 24
$58.1M
$-95.0M
Q2 24
$70.9M
$-81.6M
FCF Margin
SSD
SSD
VNET
VNET
Q1 26
Q4 25
22.1%
Q3 25
21.5%
-53.2%
Q2 25
13.8%
Q1 25
-7.9%
-71.1%
Q4 24
11.7%
Q3 24
9.9%
-31.4%
Q2 24
11.9%
-29.8%
Capex Intensity
SSD
SSD
VNET
VNET
Q1 26
Q4 25
6.8%
Q3 25
5.8%
84.6%
Q2 25
6.0%
Q1 25
9.3%
79.8%
Q4 24
10.7%
Q3 24
7.7%
67.3%
Q2 24
6.7%
50.1%
Cash Conversion
SSD
SSD
VNET
VNET
Q1 26
Q4 25
2.77×
Q3 25
1.58×
Q2 25
1.21×
Q1 25
0.10×
Q4 24
2.09×
Q3 24
1.10×
Q2 24
1.14×

Financial Flow Comparison

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

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