Vnet (VNET) Capital Leases (2010 - 2026)
Vnet (VNET) reported Capital Leases of $235.68 million for the quarter ended Jun 30, 2026, up 7.0% from $220.22 million a year earlier and up 0.6% from the prior quarter.
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Analysis
Vnet (VNET) Capital Leases (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Vnet posted Capital Leases of $235.05 million, up 12.0% from the prior year.
- Capital Leases has a five-year compound annual growth rate of 17.4% (years ended Dec 2020 to Dec 2025).
- By year, Capital Leases came in at $209.93 million in the year ended Dec 31, 2024 (+28.5%), $163.32 million in the year ended Dec 31, 2023 (unchanged), $163.32 million in the year ended Dec 31, 2022 (-7.1%) and $175.71 million in the year ended Dec 31, 2021 (+66.6%).
- Five-year quarterly Capital Leases spans a low of $147.3 million in the quarter ended Dec 31, 2022 and a high of $247.39 million in the quarter ended Sep 30, 2025.
- Year over year, Capital Leases has now increased in each of the last eight quarters, with growth averaging 23.2% over the last eight quarters.
- The high point for year-over-year Capital Leases in five years was the quarter ended Mar 31, 2022 (growth of 78.1%); the low point was the quarter ended Dec 31, 2022 (a decline of 15.9%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $234.21 million (quarter ended Mar 31, 2026), $231.75 million (quarter ended Dec 31, 2025) and $247.39 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn |
| 10 | Vnet | 1.53 Bn | -1.90 Bn | 74.45 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 |
API Access
Vnet Capital Leases 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-leases&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "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-leases&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();