Vnet (VNET) Construction in Progress (2016 - 2025)

Vnet filings provide 15 years of Construction in Progress readings, the most recent being $317.4 million for Q4 2025.

  • On a quarterly basis, Construction in Progress fell 49.65% to $317.4 million in Q4 2025 year-over-year; TTM through Dec 2025 was $317.4 million, a 49.65% decrease, with the full-year FY2025 number at $317.4 million, down 49.65% from a year prior.
  • Construction in Progress reached $317.4 million in Q4 2025 per VNET's latest filing, down from $630.5 million in the prior quarter.
  • The five-year high for Construction in Progress was $630.5 million in Q4 2024, with the low at $317.4 million in Q4 2025.
  • A 5-year average of $464.5 million and a median of $478.4 million in 2023 define the central range for Construction in Progress.
  • Year-over-year, Construction in Progress surged 50.29% in 2021 and then crashed 49.65% in 2025.
  • Year by year, Construction in Progress stood at $506.7 million in 2021, then fell by 23.12% to $389.5 million in 2022, then rose by 22.81% to $478.4 million in 2023, then soared by 31.81% to $630.5 million in 2024, then plummeted by 49.65% to $317.4 million in 2025.
  • Per Business Quant, the three most recent readings for VNET's Construction in Progress are $317.4 million (Q4 2025), $630.5 million (Q4 2024), and $478.4 million (Q4 2023).