Vnet (VNET) Common Equity (2010 - 2026)
Vnet's (VNET) quarterly Common Equity came in at $706.4 million in Q2 2026, down 25.03% year-over-year from $942.2 million in Q2 2025, and little changed quarter-over-quarter from $704.3 million in Q1 2026.
Analysis
Vnet (VNET) Common Equity (2010 - 2026) Analysis & Trends
Vnet has disclosed Common Equity across 17 years of filings, most recently posting $706.4 million for Q2 2026.
- In Q2 2026, Common Equity fell 25.03% year-over-year to $706.4 million; the TTM figure through Jun 2026 stood at $706.4 million (down 25.03% YoY), while the FY2025 annual figure was $979.9 million, up 3.35% from the prior year.
- Common Equity came in at $706.4 million for Q2 2026 at Vnet, roughly flat from $704.3 million in the prior quarter.
- In the past five years, Common Equity ranged from a high of $1.2 billion in Q1 2022 to a low of $704.3 million in Q1 2026.
- Average Common Equity over 5 years is $942.7 million, with a median of $942.7 million recorded in 2023.
- Year-over-year, Common Equity gained 6.49% in 2024 and slipped 25.03% in 2026.
- Over 5 years, Common Equity stood at $981.7 million in 2022, then slipped by 7.83% to $904.8 million in 2023, then gained by 6.49% to $963.5 million in 2024, then rose by 0.28% to $966.2 million in 2025, then slipped by 26.89% to $706.4 million in 2026.
- Per Business Quant data, the three most recent Common Equity figures were $706.4 million in Q2 2026, $704.3 million in Q1 2026, and $966.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Common Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | 14.38 Bn |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | 147.53 Mn |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | 1.72 Bn |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | 562.10 Mn |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | 4.45 Bn |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | -2.42 Bn |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | 706.38 Mn |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | 201.32 Mn |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | 337.39 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | -57.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 706.38 Mn |
| Mar 31, 2026 | 704.31 Mn |
| Dec 31, 2025 | 966.21 Mn |
| Sep 30, 2025 | 890.82 Mn |
| Jun 30, 2025 | 942.23 Mn |
| Mar 31, 2025 | 927.85 Mn |
| Dec 31, 2024 | 963.49 Mn |
| Sep 30, 2024 | 977.67 Mn |
| Jun 30, 2024 | 900.57 Mn |
| Mar 31, 2024 | 895.14 Mn |
| Dec 31, 2023 | 904.77 Mn |
| Sep 30, 2023 | 942.74 Mn |
| Jun 30, 2023 | 952.60 Mn |
| Mar 31, 2023 | 1.05 Bn |
| Dec 31, 2022 | 981.68 Mn |
| Jun 30, 2022 | 1.11 Bn |
| Mar 31, 2022 | 1.21 Bn |
| Dec 31, 2021 | 1.19 Bn |
| Sep 30, 2021 | 1.15 Bn |
| Jun 30, 2021 | 1.13 Bn |