Vnet (VNET) Current Leases (2010 - 2026)
Vnet (VNET) recorded Current Leases of $48 million in the quarter ended Jun 30, 2026, up 37.6% from $34.89 million a year earlier but down 9.1% from the prior quarter.
Vnet (VNET) Current Leases (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Vnet reported Current Leases of $51.19 million, up 79.4% from the prior year.
- Annual Current Leases has a five-year compound annual growth rate of -3.7% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Current Leases came in at $28.54 million in the year ended Dec 31, 2024 (+75.0%), $16.31 million in the year ended Dec 31, 2023 (-45.5%), $29.91 million in the year ended Dec 31, 2022 (-21.9%) and $38.29 million in the year ended Dec 31, 2021 (-38.1%).
- Quarterly Current Leases has ranged from $13.17 million in the quarter ended Jun 30, 2024 to $59.29 million in the quarter ended Sep 30, 2021 over the past five years.
- On a year-over-year basis, Current Leases has increased for seven consecutive quarters, with growth averaging 93.5% over the last eight quarters.
- Peak year-over-year performance for Current Leases in the last five years was growth of 198.5% in the quarter ended Sep 30, 2025, against a decline of 50.6% in the quarter ended Mar 31, 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $52.78 million (quarter ended Mar 31, 2026), $50.47 million (quarter ended Dec 31, 2025) and $45.85 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn | - |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn | 176.00 Mn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn | 7.00 Mn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn | - |
| 10 | Vnet | 1.53 Bn | -1.90 Bn | 74.45 Mn | 48.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.00 Mn |
| Mar 31, 2026 | 52.78 Mn |
| Dec 31, 2025 | 50.47 Mn |
| Sep 30, 2025 | 45.85 Mn |
| Jun 30, 2025 | 34.89 Mn |
| Mar 31, 2025 | 31.41 Mn |
| Dec 31, 2024 | 29.00 Mn |
| Sep 30, 2024 | 15.36 Mn |
| Jun 30, 2024 | 13.17 Mn |
| Mar 31, 2024 | 13.25 Mn |
| Dec 31, 2023 | 16.08 Mn |
| Sep 30, 2023 | 17.58 Mn |
| Jun 30, 2023 | 19.94 Mn |
| Mar 31, 2023 | 26.84 Mn |
| Dec 31, 2022 | 29.00 Mn |
| Jun 30, 2022 | 33.51 Mn |
| Mar 31, 2022 | 38.48 Mn |
| Dec 31, 2021 | 38.17 Mn |
| Sep 30, 2021 | 59.29 Mn |
| Jun 30, 2021 | 53.32 Mn |
Vnet Current Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-leases&ticker=VNET&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "VNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();