Vnet (VNET) Construction in Progress (2011 - 2025)
Vnet (VNET) posted Construction in Progress of $317.4 million for Q4 2025, down 49.65% sequentially from $630.5 million in Q4 2024, and down 49.65% YoY from $630.5 million in Q4 2024.
Vnet (VNET) Construction in Progress (2011 - 2025) Analysis & Trends
Vnet has reported Construction in Progress for 15 years, with the latest figure at $317.4 million in Q4 2025.
- Quarterly Construction in Progress fell 49.65% year-over-year to $317.4 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $317.4 million (down 49.65% YoY) and the FY2025 annual result came in at $317.4 million, down 49.65% from the prior year.
- Construction in Progress fell to $317.4 million in Q4 2025 per VNET's latest filing, from $630.5 million in the prior quarter.
- Over five years, Construction in Progress peaked at $630.5 million in Q4 2024 and troughed at $317.4 million in Q4 2025.
- A 5-year average of $467.2 million and a median of $479.5 million in 2023 frame the typical range for Construction in Progress.
- The sharpest annual moves came in 2021 and 2025: Construction in Progress jumped 50.29% in 2021, then plunged 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 slumped by 49.65% to $317.4 million in 2025.
- According to Business Quant data, Construction in Progress over the past three periods registered $317.4 million, $630.5 million, and $480.7 million for Q4 2025, Q4 2024, and Q3 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 224.11 Bn | 212.75 Bn | 9.91 Bn | - |
| 2 | Accenture | 114.70 Bn | 104.53 Bn | 6.13 Bn | - |
| 3 | Infosys | 48.96 Bn | 48.96 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.17 Bn | 32.70 Bn | - | - |
| 5 | Cognizant Technology Solutions | 29.36 Bn | 28.31 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 21.56 Bn | 20.81 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 21.01 Bn | 20.61 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.77 Bn | 18.70 Bn | 738.00 Mn | - |
| 9 | Cdw | 17.80 Bn | 17.44 Bn | 1.32 Bn | - |
| 10 | Vnet | 1.80 Bn | 968.12 Mn | 77.27 Mn | 317.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 317.44 Mn |
| Dec 31, 2024 | 630.52 Mn |
| Sep 30, 2024 | 480.67 Mn |
| Dec 31, 2023 | 478.36 Mn |
| Dec 31, 2022 | 389.52 Mn |
| Dec 31, 2021 | 506.67 Mn |
| Dec 31, 2020 | 337.14 Mn |
| Dec 31, 2019 | 268.60 Mn |
| Dec 31, 2018 | 113.73 Mn |
| Dec 31, 2017 | 83.10 Mn |
| Dec 31, 2016 | 153.00 Mn |
| Dec 31, 2015 | 174.31 Mn |
| Dec 31, 2014 | 79.07 Mn |
| Dec 31, 2013 | 28.49 Mn |
| Dec 31, 2012 | 28.54 Mn |
| Dec 31, 2011 | 13.61 Mn |