Vnet (VNET) Capital Leases (2010 - 2026)
Vnet's (VNET) quarterly Capital Leases came in at $235.7 million in Q2 2026, up 7.02% year-over-year from $220.2 million in Q2 2025, and up 0.63% quarter-over-quarter from $234.2 million in Q1 2026.
Analysis
Vnet (VNET) Capital Leases (2010 - 2026) Analysis & Trends
Vnet has disclosed Capital Leases across 17 years of filings, most recently posting $235.7 million for Q2 2026.
- In Q2 2026, Capital Leases rose 7.02% year-over-year to $235.7 million; the TTM figure through Jun 2026 stood at $235.7 million (up 7.02% YoY), while the FY2025 annual figure was $235.0 million, up 11.97% from the prior year.
- Capital Leases came in at $235.7 million for Q2 2026 at Vnet, up from $234.2 million in the prior quarter.
- In the past five years, Capital Leases ranged from a high of $247.4 million in Q3 2025 to a low of $147.3 million in Q4 2022.
- Average Capital Leases over 5 years is $189.3 million, with a median of $166.8 million recorded in 2022.
- The largest YoY upside for Capital Leases was 78.1% in 2022 against a maximum downside of 15.89% in 2022.
- Over 5 years, Capital Leases stood at $147.3 million in 2022, then gained by 9.33% to $161.0 million in 2023, then jumped by 32.46% to $213.3 million in 2024, then rose by 8.64% to $231.8 million in 2025, then increased by 1.69% to $235.7 million in 2026.
- Per Business Quant data, the three most recent Capital Leases figures were $235.7 million in Q2 2026, $234.2 million in Q1 2026, and $231.8 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 235.68 Mn |
| Mar 31, 2026 | 234.21 Mn |
| Dec 31, 2025 | 231.75 Mn |
| Sep 30, 2025 | 247.39 Mn |
| Jun 30, 2025 | 220.22 Mn |
| Mar 31, 2025 | 214.47 Mn |
| Dec 31, 2024 | 213.32 Mn |
| Sep 30, 2024 | 166.66 Mn |
| Jun 30, 2024 | 157.17 Mn |
| Mar 31, 2024 | 158.90 Mn |
| Dec 31, 2023 | 161.04 Mn |
| Sep 30, 2023 | 159.26 Mn |
| Jun 30, 2023 | 162.93 Mn |
| Mar 31, 2023 | 160.68 Mn |
| Dec 31, 2022 | 147.30 Mn |
| Jun 30, 2022 | 166.80 Mn |
| Mar 31, 2022 | 180.12 Mn |
| Dec 31, 2021 | 175.14 Mn |
| Sep 30, 2021 | 163.82 Mn |
| Jun 30, 2021 | 165.94 Mn |