Vnet (VNET) Construction in Progress (2011 - 2025)

Vnet (VNET) has 15 years of Construction in Progress data on file, last reported at $317.4 million in Q4 2025.

• For the quarter ending Q4 2025, Construction in Progress fell 49.65% year-over-year to $317.4 million; the trailing twelve-month figure through Dec 2025 stood at $317.4 million (down 49.65% YoY), and the FY2025 full-year result was $313.3 million, down 50.31% from the prior year.
• Construction in Progress fell to $317.4 million in Q4 2025, from $630.5 million in the prior quarter.
• In the past five years, Construction in Progress ranged from a high of $630.5 million in Q4 2024 to a low of $317.4 million in Q4 2025.
• A 5-year average of $464.5 million and a median of $478.4 million in 2023 frame the typical range for Construction in Progress.
• Across the five-year window, Construction in Progress surged 50.29% in 2021 and slumped 49.65% in 2025, its largest moves.
• Tracing VNET's Construction in Progress over 5 years: stood at $506.7 million in 2021, then slipped by 23.12% to $389.5 million in 2022, then gained by 22.81% to $478.4 million in 2023, then soared by 31.81% to $630.5 million in 2024, then tumbled by 49.65% to $317.4 million in 2025.
• Business Quant data shows VNET's Construction in Progress at $317.4 million in Q4 2025, $630.5 million in Q4 2024, and $478.4 million in Q4 2023.