Vnet (VNET) Intangibles (2010 - 2026)
Vnet (VNET) recorded Intangibles of $125.92 million in the quarter ended Mar 31, 2026, up 2.9% from the prior quarter.
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Analysis
Vnet (VNET) Intangibles (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Vnet reported Intangibles of $286.67 million, up 49.1% from the prior year.
- Annual Intangibles has a five-year compound annual growth rate of 5.0% (years ended Dec 2020 to Dec 2025).
- Across earlier years, Intangibles came in at $192.32 million in the year ended Dec 31, 2024 (-1.3%), $194.85 million in the year ended Dec 31, 2023 (-10.2%), $217.06 million in the year ended Dec 31, 2022 (-90.5%) and $2.28 billion in the year ended Dec 31, 2021 (+914.0%).
- Quarterly Intangibles has ranged from $53.48 million in the quarter ended Jun 30, 2021 to $213.92 million in the quarter ended Mar 31, 2023 over the past five years.
- On a year-over-year basis, Intangibles rose in 1 of the last six quarters, with an average decline of 18.1%.
- Peak year-over-year performance for Intangibles in the last five years was growth of 143.2% in the quarter ended Jun 30, 2022, against a decline of 39.9% in the quarter ended Dec 31, 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at $122.35 million (quarter ended Dec 31, 2025), $127.84 million (quarter ended Sep 30, 2025) and $125.83 million (quarter ended Jun 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,957.65 Bn | 3,880.81 Bn | 60.48 Bn | 18.61 Bn |
| 2 | International Business Machines | 230.48 Bn | 181.29 Bn | 9.91 Bn | 13.96 Bn |
| 3 | Cloudflare | 111.01 Bn | 94.54 Bn | 499.52 Mn | 57.37 Mn |
| 4 | Equinix | 98.15 Bn | 86.71 Bn | 1.40 Bn | 1.20 Bn |
| 5 | Nebius | 41.87 Bn | 15.30 Bn | 448.70 Mn | 83.90 Mn |
| 6 | CoreWeave | 34.22 Bn | 21.31 Bn | 1.70 Bn | 245.00 Mn |
| 7 | Verisign | 27.87 Bn | 25.08 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.89 Bn | 10.57 Bn | 651.35 Mn | 1.84 Mn |
| 9 | GoDaddy | 14.02 Bn | 9.60 Bn | 828.20 Mn | 966.10 Mn |
| 10 | Vnet | 1.11 Bn | -2.62 Bn | 74.45 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 125.92 Mn |
| Dec 31, 2025 | 286.55 Mn |
| Sep 30, 2025 | 127.84 Mn |
| Jun 30, 2025 | 125.83 Mn |
| Dec 31, 2024 | 192.35 Mn |
| Sep 30, 2024 | 192.05 Mn |
| Jun 30, 2024 | 184.48 Mn |
| Mar 31, 2024 | 188.50 Mn |
| Dec 31, 2023 | 194.65 Mn |
| Sep 30, 2023 | 193.23 Mn |
| Jun 30, 2023 | 198.11 Mn |
| Mar 31, 2023 | 2.08 Mn |
| Dec 31, 2022 | 215.01 Mn |
| Jun 30, 2022 | 130.05 Mn |
| Mar 31, 2022 | 140.74 Mn |
| Dec 31, 2021 | 141.29 Mn |
| Sep 30, 2021 | 141.83 Mn |
| Jun 30, 2021 | 53.48 Mn |
| Mar 31, 2021 | 100.36 Mn |
| Dec 31, 2020 | 238.03 Mn |
API Access
Vnet Intangibles 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=intangibles&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();