Vnet (VNET) Convertible Debt (2020 - 2025)
Vnet (VNET) reported Convertible Debt of $724.5 million for Q4 2025, up 174.23% on a YoY basis from $264.2 million in Q4 2024, and down 6.05% sequentially from $771.2 million in Q3 2025.
Vnet (VNET) Convertible Debt (2020 - 2025) Analysis & Trends
Vnet (VNET) has 6 years of Convertible Debt data on file, last reported at $724.5 million in Q4 2025.
- For the quarter ending Q4 2025, Convertible Debt rose 174.23% year-over-year to $724.5 million; the trailing twelve-month figure through Dec 2025 stood at $724.5 million (up 174.23% YoY), and the FY2025 full-year result was $734.8 million, up 182.63% from the prior year.
- Convertible Debt retreated to $724.5 million in Q4 2025, from $771.2 million in the prior quarter.
- In the past five years, Convertible Debt ranged from a high of $913348.0 billion in Q2 2022 to a low of $245.1 million in Q2 2024.
- A 5-year average of $58054.1 billion and a median of $728.8 million in 2025 frame the typical range for Convertible Debt.
- Across the five-year window, Convertible Debt jumped 124602632.85% in 2022 and plunged 100.0% in 2023, its largest moves.
- Tracing VNET's Convertible Debt over 5 years: stood at $667.4 million in 2021, then rose by 23.44% to $823.8 million in 2022, then sank by 70.16% to $245.8 million in 2023, then gained by 7.47% to $264.2 million in 2024, then jumped by 174.23% to $724.5 million in 2025.
- Business Quant data shows VNET's Convertible Debt at $724.5 million in Q4 2025, $771.2 million in Q3 2025, and $722.6 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 193.88 Bn | 178.95 Bn | 9.91 Bn |
| 2 | Accenture | 84.94 Bn | 75.26 Bn | 6.13 Bn |
| 3 | GDS Holdings | 50.55 Bn | 48.40 Bn | 164.04 Mn |
| 4 | Infosys | 44.05 Bn | 44.79 Bn | 1.60 Bn |
| 5 | Cgi | 41.25 Bn | 40.60 Bn | - |
| 6 | Fidelity National Information Services | 20.63 Bn | 19.87 Bn | 1.11 Bn |
| 7 | Cognizant Technology Solutions | 20.39 Bn | 18.87 Bn | 1.78 Bn |
| 8 | Wipro | 18.65 Bn | 17.52 Bn | 738.00 Mn |
| 9 | Broadridge Financial Solutions | 16.79 Bn | 16.48 Bn | 626.90 Mn |
| 10 | Vnet | 12.53 Bn | 12.66 Bn | 77.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 724.51 Mn |
| Sep 30, 2025 | 771.17 Mn |
| Jun 30, 2025 | 722.65 Mn |
| Mar 31, 2025 | 722.78 Mn |
| Dec 31, 2024 | 264.19 Mn |
| Sep 30, 2024 | 255.63 Mn |
| Jun 30, 2024 | 245.09 Mn |
| Mar 31, 2024 | 245,565.00 Bn |
| Dec 31, 2023 | 245.82 Mn |
| Sep 30, 2023 | 584.05 Bn |
| Jun 30, 2023 | 611.36 Mn |
| Mar 31, 2023 | 666.62 Bn |
| Dec 31, 2022 | 823.84 Mn |
| Sep 30, 2022 | 908.65 Bn |
| Jun 30, 2022 | 913,348.00 Bn |
| Mar 31, 2022 | 911.57 Mn |
| Dec 31, 2021 | 667.39 Mn |
| Sep 30, 2021 | 709.15 Mn |
| Jun 30, 2021 | 733.01 Mn |
| Mar 31, 2021 | 816.59 Mn |