Vnet (VNET) Market Capitalization (2011 - 2026)
Vnet's (VNET) quarterly Market Capitalization came in at $2.2 billion in Q2 2026, up 17.89% year-over-year from $1.8 billion in Q2 2025, and down 4.17% quarter-over-quarter from $2.3 billion in Q1 2026.
Analysis
Vnet (VNET) Market Capitalization (2011 - 2026) Analysis & Trends
Vnet has disclosed Market Capitalization across 16 years of filings, most recently posting $2.2 billion for Q2 2026.
- In Q2 2026, Market Capitalization rose 17.89% year-over-year to $2.2 billion; the TTM figure through Jun 2026 stood at $2.2 billion (up 17.89% YoY), while the FY2025 annual figure was $2.3 billion, up 80.57% from the prior year.
- Market Capitalization came in at $2.2 billion for Q2 2026 at Vnet, down from $2.3 billion in the prior quarter.
- In the past five years, Market Capitalization ranged from a high of $2.7 billion in Q3 2025 to a low of $399.0 million in Q1 2024.
- Average Market Capitalization over 5 years is $1.2 billion, with a median of $856.0 million recorded in 2022.
- Year-over-year, Market Capitalization plunged 80.9% in 2022 and soared 445.89% in 2025.
- Over 5 years, Market Capitalization stood at $838.0 million in 2022, then decreased by 11.85% to $738.7 million in 2023, then jumped by 70.42% to $1.3 billion in 2024, then soared by 80.57% to $2.3 billion in 2025, then declined by 4.96% to $2.2 billion in 2026.
- Per Business Quant data, the three most recent Market Capitalization figures were $2.2 billion in Q2 2026, $2.3 billion in Q1 2026, and $2.3 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.22 Bn | 100.02 Bn | 1.40 Bn |
| 2 | Terawulf | 8.24 Bn | 5.48 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.59 Bn | 5.57 Bn | 97.29 Mn |
| 4 | Cipher Digital | 7.35 Bn | 3.35 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.47 Bn | 4.41 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.72 Bn | 3.78 Bn | 70.04 Mn |
| 7 | Vnet | 1.71 Bn | 828.02 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.56 Bn | 1.56 Bn | 51.65 Mn |
| 9 | WhiteFiber | 758.96 Mn | 698.59 Mn | 18.88 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 | 2.16 Bn |
| Mar 31, 2026 | 2.25 Bn |
| Dec 31, 2025 | 2.27 Bn |
| Sep 30, 2025 | 2.74 Bn |
| Jun 30, 2025 | 1.83 Bn |
| Mar 31, 2025 | 2.18 Bn |
| Dec 31, 2024 | 1.26 Bn |
| Sep 30, 2024 | 1.05 Bn |
| Jun 30, 2024 | 539.25 Mn |
| Mar 31, 2024 | 398.97 Mn |
| Dec 31, 2023 | 738.73 Mn |
| Sep 30, 2023 | 462.62 Mn |
| Jun 30, 2023 | 428.63 Mn |
| Mar 31, 2023 | 478.88 Mn |
| Dec 31, 2022 | 838.04 Mn |
| Sep 30, 2022 | 793.24 Mn |
| Jun 30, 2022 | 871.12 Mn |
| Mar 31, 2022 | 840.83 Mn |
| Dec 31, 2021 | 1.30 Bn |
| Sep 30, 2021 | 2.36 Bn |