Cash Flow Statement
Growth Metrics

Vnet (VNET) Invested Capital (2016 - 2025)

Vnet has reported Invested Capital over the past 16 years, most recently at $1.2 billion for Q4 2025.

  • For Q4 2025, Invested Capital fell 42.34% year-over-year to $1.2 billion; the TTM value through Dec 2025 reached $1.2 billion, down 42.34%, while the annual FY2025 figure was $1.2 billion, 42.34% down from the prior year.
  • Invested Capital was $1.2 billion for Q4 2025 at Vnet, up from $276.0 million in the prior quarter.
  • Across five years, Invested Capital topped out at $118286.3 billion in Q1 2024 and bottomed at $31.2 million in Q2 2021.
  • The 5-year median for Invested Capital is $649.2 million (2022), against an average of $9078.9 billion.
  • Year-over-year, Invested Capital soared 202241623.27% in 2022 and then plummeted 100.0% in 2023.
  • Over 5 years, Invested Capital stood at $1.2 billion in 2021, then decreased by 14.1% to $1.0 billion in 2022, then soared by 67.78% to $1.7 billion in 2023, then rose by 26.22% to $2.2 billion in 2024, then plummeted by 42.34% to $1.2 billion in 2025.
  • The last three reported values for Invested Capital were $1.2 billion (Q4 2025), $276.0 million (Q3 2025), and $250.7 million (Q2 2025) per Business Quant data.