Vnet (VNET) Notes Payables (2010 - 2026)
Vnet's (VNET) quarterly Notes Payables came in at $52.4 million in Q2 2026, down 8.41% year-over-year from $57.2 million in Q2 2025, and down 11.14% quarter-over-quarter from $58.9 million in Q1 2026.
Analysis
Vnet (VNET) Notes Payables (2010 - 2026) Analysis & Trends
Vnet has disclosed Notes Payables across 17 years of filings, most recently posting $52.4 million for Q2 2026.
- In Q2 2026, Notes Payables fell 8.41% year-over-year to $52.4 million; the TTM figure through Jun 2026 stood at $52.4 million (down 8.41% YoY), while the FY2025 annual figure was $59.5 million, up 22.05% from the prior year.
- Notes Payables came in at $52.4 million for Q2 2026 at Vnet, down from $58.9 million in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $86.3 million in Q3 2025 to a low of $533000.0 in Q1 2023.
- Average Notes Payables over 5 years is $42.2 million, with a median of $49.5 million recorded in 2024.
- Year-over-year, Notes Payables sank 83.33% in 2022 and surged 9813.7% in 2024.
- Over 5 years, Notes Payables stood at $974105.1 in 2022, then surged by 4976.97% to $49.5 million in 2023, then climbed by 0.12% to $49.5 million in 2024, then grew by 18.42% to $58.6 million in 2025, then fell by 10.68% to $52.4 million in 2026.
- Per Business Quant data, the three most recent Notes Payables figures were $52.4 million in Q2 2026, $58.9 million in Q1 2026, and $58.6 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn |
| 9 | WhiteFiber | 745.81 Mn | 685.44 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 | 52.37 Mn |
| Mar 31, 2026 | 58.94 Mn |
| Dec 31, 2025 | 58.64 Mn |
| Sep 30, 2025 | 86.31 Mn |
| Jun 30, 2025 | 57.18 Mn |
| Mar 31, 2025 | 48.50 Mn |
| Dec 31, 2024 | 49.52 Mn |
| Sep 30, 2024 | 50.57 Mn |
| Jun 30, 2024 | 52.16 Mn |
| Mar 31, 2024 | 52.84 Mn |
| Dec 31, 2023 | 49.46 Mn |
| Sep 30, 2023 | 49.01 Mn |
| Jun 30, 2023 | 49.14 Mn |
| Mar 31, 2023 | 533,000.00 |
| Dec 31, 2022 | 974,105.05 |
| Jun 30, 2022 | 715,000.00 |
| Mar 31, 2022 | 1.23 Mn |
| Dec 31, 2021 | 1.37 Mn |
| Sep 30, 2021 | 275,000.00 |
| Jun 30, 2021 | 282,000.00 |