Vnet (VNET) Interest Expenses (2010 - 2026)
Vnet's (VNET) quarterly Interest Expenses came in at -$30.0 million in Q2 2026, down 36.59% year-over-year from -$47.4 million in Q2 2025, and up 6.28% quarter-over-quarter from -$32.0 million in Q1 2026.
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Analysis
Vnet (VNET) Interest Expenses (2010 - 2026) Analysis & Trends
Vnet has disclosed Interest Expenses across 17 years of filings, most recently posting -$30.0 million for Q2 2026.
- In Q2 2026, Interest Expenses fell 36.59% year-over-year to -$30.0 million; the TTM figure through Jun 2026 stood at -$110.3 million (down 84.34% YoY), while the FY2025 annual figure was -$85.6 million, down 55.83% from the prior year.
- Interest Expenses came in at -$30.0 million for Q2 2026 at Vnet, up from -$32.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of -$8.4 million in Q1 2022 to a low of -$32.0 million in Q1 2026.
- Average Interest Expenses over 5 years is -$15.9 million, with a median of -$12.6 million recorded in 2023.
- Year-over-year, Interest Expenses jumped 35.02% in 2022 and tumbled 156.4% in 2025.
- Over 5 years, Interest Expenses stood at -$10.6 million in 2022, then retreated by 5.08% to -$11.1 million in 2023, then gained by 4.9% to -$10.6 million in 2024, then sank by 156.4% to -$27.1 million in 2025, then slipped by 10.86% to -$30.0 million in 2026.
- Per Business Quant data, the three most recent Interest Expenses figures were -$30.0 million in Q2 2026, -$32.0 million in Q1 2026, and -$27.1 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.78 Bn | 98.58 Bn | 1.40 Bn | 151.00 Mn |
| 2 | Terawulf | 8.49 Bn | 5.72 Bn | 32.37 Mn | 56.39 Mn |
| 3 | Applied Digital | 8.10 Bn | 6.08 Bn | 97.29 Mn | 10.63 Mn |
| 4 | Cipher Digital | 7.60 Bn | 3.60 Bn | 9.79 Mn | 66.74 Mn |
| 5 | GDS Holdings | 6.77 Bn | 4.71 Bn | 97.89 Mn | -53.87 Mn |
| 6 | Core Scientific | 5.75 Bn | 3.81 Bn | 70.04 Mn | - |
| 7 | Vnet | 1.75 Bn | 868.32 Mn | 74.45 Mn | -30.03 Mn |
| 8 | Sify Technologies | 1.48 Bn | 1.48 Bn | 51.65 Mn | 10.80 Mn |
| 9 | WhiteFiber | 736.82 Mn | 676.45 Mn | 18.88 Mn | 4.58 Mn |
| 10 | Vulcan Infrastructure & Power | 454.82 Mn | 451.62 Mn | -1.25 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -30.03 Mn |
| Mar 31, 2026 | -32.04 Mn |
| Dec 31, 2025 | -27.09 Mn |
| Sep 30, 2025 | -21.10 Mn |
| Jun 30, 2025 | -21.99 Mn |
| Mar 31, 2025 | -13.87 Mn |
| Dec 31, 2024 | -10.57 Mn |
| Sep 30, 2024 | -13.39 Mn |
| Jun 30, 2024 | -12.68 Mn |
| Mar 31, 2024 | -19.25 Mn |
| Dec 31, 2023 | -11.11 Mn |
| Sep 30, 2023 | -12.58 Mn |
| Jun 30, 2023 | -9.89 Mn |
| Mar 31, 2023 | -10.16 Mn |
| Dec 31, 2022 | -10.57 Mn |
| Sep 30, 2022 | -11.07 Mn |
| Jun 30, 2022 | -10.23 Mn |
| Mar 31, 2022 | -8.38 Mn |
| Dec 31, 2021 | -11.83 Mn |
| Sep 30, 2021 | -13.66 Mn |
API Access
Vnet Interest Expenses 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=interest-expenses&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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=interest-expenses&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();