Vnet (VNET) Capital Expenditures (2014 - 2026)
Vnet (VNET) recorded Capital Expenditures of -$223.03 million in the quarter ended Jun 30, 2026, compared with -$261.08 million a year earlier.
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Analysis
Vnet (VNET) Capital Expenditures (2014 - 2026) Analysis & Trends
On a TTM basis, Vnet's Capital Expenditures came in at -$1.04 billion as of Jun 30, 2026; for the year ended Dec 31, 2025, it was -$1.09 billion.
- Across earlier years, Capital Expenditures came in at -$674.55 million in the year ended Dec 31, 2024, -$417.96 million in the year ended Dec 31, 2023, -$434.32 million in the year ended Dec 31, 2022 and -$422.42 million in the year ended Dec 31, 2021.
- The figure for the quarter ended Jun 30, 2026 is the highest quarterly Capital Expenditures since the quarter ended Dec 31, 2024.
- Per Business Quant, the preceding three quarters came in at -$254.05 million (quarter ended Mar 31, 2026), -$258.81 million (quarter ended Dec 31, 2025) and -$306.84 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,947.40 Bn | 3,870.56 Bn | 60.48 Bn | 35.80 Bn |
| 2 | International Business Machines | 230.30 Bn | 181.12 Bn | 9.91 Bn | 229.00 Mn |
| 3 | Cloudflare | 109.49 Bn | 93.01 Bn | 499.52 Mn | 49.96 Mn |
| 4 | Equinix | 97.28 Bn | 85.84 Bn | 1.40 Bn | 1.68 Bn |
| 5 | Nebius | 41.91 Bn | 15.34 Bn | 448.70 Mn | -5.66 Bn |
| 6 | CoreWeave | 34.26 Bn | 21.35 Bn | 1.70 Bn | 6.42 Bn |
| 7 | Verisign | 27.93 Bn | 25.14 Bn | 384.60 Mn | 18.80 Mn |
| 8 | Nutanix | 18.78 Bn | 10.47 Bn | 651.35 Mn | 37.44 Mn |
| 9 | GoDaddy | 14.15 Bn | 9.73 Bn | 828.20 Mn | 5.10 Mn |
| 10 | Vnet | 1.12 Bn | -2.61 Bn | 74.45 Mn | -223.03 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -223.03 Mn |
| Mar 31, 2026 | -254.05 Mn |
| Dec 31, 2025 | -258.81 Mn |
| Sep 30, 2025 | -306.84 Mn |
| Jun 30, 2025 | -261.08 Mn |
| Mar 31, 2025 | -246.95 Mn |
| Dec 31, 2024 | 207.85 Mn |
| Sep 30, 2024 | -203.33 Mn |
| Jun 30, 2024 | -137.40 Mn |
| Mar 31, 2024 | -139.24 Mn |
| Dec 31, 2023 | 141.31 Mn |
| Sep 30, 2023 | -129.72 Mn |
| Jun 30, 2023 | -54.45 Mn |
| Mar 31, 2023 | -88.64 Mn |
| Dec 31, 2022 | -130.26 Mn |
| Sep 30, 2022 | -79.22 Mn |
| Jun 30, 2022 | -78.81 Mn |
| Mar 31, 2022 | -158.65 Mn |
| Dec 31, 2021 | -146.84 Mn |
| Sep 30, 2021 | -100.97 Mn |
API Access
Vnet Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "VNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();