Balance Sheet

Cash Flow Statement

Acquisitions Amortization Amortization Amortization of Goodwill Amortization of Goodwill Amortizatization of Intangibles Amortizatization of Intangibles Asset Writedowns and Impairment Asset Writedowns and Impairment Beginning Cash Balance Beginning Cash Balance Capital Expenditures Capital Expenditures Cash from Financing Activities Cash from Financing Activities Cash from Investing Activities Cash from Investing Activities Cash from Operations Cash from Operations Change in Account Payables Change in Account Payables Change in Accured Expenses Change in Accured Expenses Change in Acquisitions & Divestments Change in Acquisitions & Divestments Change in Cash Change in Intangibles Change in Intangibles Change in Taxes Change in Taxes Deferred Taxes Depreciation & Amortization (CF)Depreciation & Amortization (CF)Depreciation and Depletion Depreciation and Depletion Divestments Exchange Rate Effect Exchange Rate Effect Free Cash Flow Free Cash Flow Gains from Equity Investments Gains from Equity Investments Gains from Investment Securities Gains from Investment Securities Gains from Sales and Divestitures Gains from Sales and Divestitures Long-Term Debt Issuances Long-Term Debt Repayments Net Cash Flow Net Cash Flow Net Income Non-cash Items Non-cash Items Other Working Capital Changes Other Working Capital Changes Other financing activities Other financing activities Preferred Shares Issued Sales of Property, Plant and Equipment Sales of Property, Plant and Equipment Share-based Compensation Share-based Compensation Shares Issued Shares Repurchased Short-Term Debt issuances Short-Term Debt repayments

Daily Values

Growth Metrics

Vnet (VNET) Capital Expenditures (2016 - 2025)

Vnet has reported Capital Expenditures over the past 12 years, most recently at -$258.8 million for Q4 2025.

For Q4 2025, Capital Expenditures fell 26.54% year-over-year to -$258.8 million; the TTM value through Dec 2025 reached -$1.1 billion, down 56.86%, while the annual FY2025 figure was $1.1 billion, 62.31% up from the prior year.
Capital Expenditures was -$258.8 million for Q4 2025 at Vnet, up from -$306.8 million in the prior quarter.
Across five years, Capital Expenditures topped out at -$54.4 million in Q2 2023 and bottomed at -$306.8 million in Q3 2025.
The 5-year median for Capital Expenditures is -$138.3 million (2024), against an average of -$151.9 million.
Year-over-year, Capital Expenditures tumbled 267.42% in 2021 and then soared 44.13% in 2023.
Over 5 years, Capital Expenditures stood at -$146.8 million in 2021, then rose by 11.29% to -$130.3 million in 2022, then fell by 10.01% to -$143.3 million in 2023, then plummeted by 42.72% to -$204.5 million in 2024, then dropped by 26.54% to -$258.8 million in 2025.
The last three reported values for Capital Expenditures were -$258.8 million (Q4 2025), -$306.8 million (Q3 2025), and -$261.1 million (Q2 2025) per Business Quant data.