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Growth Metrics

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

Vnet has reported Construction in Progress over the past 15 years, most recently at $317.4 million for Q4 2025.

  • For Q4 2025, Construction in Progress fell 49.65% year-over-year to $317.4 million; the TTM value through Dec 2025 reached $317.4 million, down 49.65%, while the annual FY2025 figure was $317.4 million, 49.65% down from the prior year.
  • Construction in Progress was $317.4 million for Q4 2025 at Vnet, down from $630.5 million in the prior quarter.
  • Across five years, Construction in Progress topped out at $630.5 million in Q4 2024 and bottomed at $317.4 million in Q4 2025.
  • The 5-year median for Construction in Progress is $478.4 million (2023), against an average of $464.5 million.
  • Year-over-year, Construction in Progress surged 50.29% in 2021 and then crashed 49.65% in 2025.
  • Over 5 years, Construction in Progress stood at $506.7 million in 2021, then fell by 23.12% to $389.5 million in 2022, then grew by 22.81% to $478.4 million in 2023, then soared by 31.81% to $630.5 million in 2024, then crashed by 49.65% to $317.4 million in 2025.
  • The last three reported values for Construction in Progress were $317.4 million (Q4 2025), $630.5 million (Q4 2024), and $478.4 million (Q4 2023) per Business Quant data.