Vnet (VNET) Convertible Debt (2020 - 2025)
Vnet (VNET) posted Convertible Debt of $724.5 million for Q4 2025, down 6.05% sequentially from $771.2 million in Q3 2025, and up 174.23% YoY from $264.2 million in Q4 2024.
Vnet (VNET) Convertible Debt (2020 - 2025) Analysis & Trends
Vnet has reported Convertible Debt for 6 years, with the latest figure at $724.5 million in Q4 2025.
- Quarterly Convertible Debt rose 174.23% year-over-year to $724.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $724.5 million (up 174.23% YoY) and the FY2025 annual result came in at $734.8 million, up 182.63% from the prior year.
- Convertible Debt retreated to $724.5 million in Q4 2025 per VNET's latest filing, from $771.2 million in the prior quarter.
- Over five years, Convertible Debt peaked at $913348.0 billion in Q2 2022 and troughed at $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.
- The sharpest annual moves came in 2022 and 2023: Convertible Debt soared 124602632.85% in 2022, then slumped 100.0% in 2023.
- Over 5 years, Convertible Debt stood at $667.4 million in 2021, then climbed by 23.44% to $823.8 million in 2022, then plunged by 70.16% to $245.8 million in 2023, then grew by 7.47% to $264.2 million in 2024, then jumped by 174.23% to $724.5 million in 2025.
- According to Business Quant data, Convertible Debt over the past three periods registered $724.5 million, $771.2 million, and $722.6 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 222.91 Bn | 211.55 Bn | 9.91 Bn |
| 2 | Accenture | 113.64 Bn | 103.46 Bn | 6.13 Bn |
| 3 | Infosys | 48.79 Bn | 48.79 Bn | 1.60 Bn |
| 4 | Cgi | 33.09 Bn | 32.63 Bn | - |
| 5 | Cognizant Technology Solutions | 29.05 Bn | 27.99 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 21.63 Bn | 20.89 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 21.01 Bn | 20.60 Bn | 853.00 Mn |
| 8 | Wipro | 19.72 Bn | 18.65 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.76 Bn | 17.01 Bn | 817.00 Mn |
| 10 | Vnet | 1.81 Bn | 977.53 Mn | 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 |