Vnet (VNET) Current Leases (2010 - 2026)
Vnet's (VNET) quarterly Current Leases came in at $144.5 million in Q2 2026, up 9.56% year-over-year from $131.8 million in Q2 2025, and up 3.45% quarter-over-quarter from $139.6 million in Q1 2026.
Analysis
Vnet (VNET) Current Leases (2010 - 2026) Analysis & Trends
Vnet has disclosed Current Leases across 17 years of filings, most recently posting $144.5 million for Q2 2026.
- In Q2 2026, Current Leases rose 9.56% year-over-year to $144.5 million; the TTM figure through Jun 2026 stood at $144.5 million (up 9.56% YoY), while the FY2025 annual figure was $137.6 million, changed 0.0% from the prior year.
- Current Leases came in at $144.5 million for Q2 2026 at Vnet, up from $139.6 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $520.4 million in Q4 2024 to a low of $86.6 million in Q2 2022.
- Average Current Leases over 5 years is $160.8 million, with a median of $124.7 million recorded in 2024.
- Year-over-year, Current Leases soared 386.69% in 2023 and tumbled 73.93% in 2025.
- Over 5 years, Current Leases stood at $92.2 million in 2022, then soared by 386.69% to $448.7 million in 2023, then grew by 15.98% to $520.4 million in 2024, then plunged by 73.93% to $135.7 million in 2025, then rose by 6.47% to $144.5 million in 2026.
- Per Business Quant data, the three most recent Current Leases figures were $144.5 million in Q2 2026, $139.6 million in Q1 2026, and $135.7 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | 176.00 Mn |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | 2.10 Mn |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | 66.07 Mn |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | 4.48 Mn |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | 14.03 Mn |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | 144.46 Mn |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | 5.16 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 144.46 Mn |
| Mar 31, 2026 | 139.63 Mn |
| Dec 31, 2025 | 135.67 Mn |
| Sep 30, 2025 | 136.27 Mn |
| Jun 30, 2025 | 131.85 Mn |
| Mar 31, 2025 | 129.30 Mn |
| Dec 31, 2024 | 520.36 Mn |
| Sep 30, 2024 | 124.68 Mn |
| Jun 30, 2024 | 118.40 Mn |
| Mar 31, 2024 | 113.71 Mn |
| Dec 31, 2023 | 448.68 Mn |
| Sep 30, 2023 | 109.08 Mn |
| Jun 30, 2023 | 101.42 Mn |
| Mar 31, 2023 | 104.07 Mn |
| Dec 31, 2022 | 92.19 Mn |
| Jun 30, 2022 | 86.59 Mn |
| Mar 31, 2022 | 96.82 Mn |
| Dec 31, 2021 | 90.62 Mn |
| Sep 30, 2021 | 77.28 Mn |
| Jun 30, 2021 | 53.74 Mn |