Vnet (VNET) Notes Payables (2010 - 2026)
Vnet's Notes Payables was $260.9 million in the quarter ended Jun 30, 2026, up 101.0% from $129.82 million a year earlier but down 29.7% from the prior quarter.
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Analysis
Vnet (VNET) Notes Payables (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Notes Payables at Vnet came in at $167.67 million, up 107.8% from the prior year.
- Notes Payables shows a five-year compound annual growth rate of 100.2% (years ended Dec 2020 to Dec 2025).
- In earlier years, Notes Payables was $80.69 million in the year ended Dec 31, 2024 (-86.4%), $592.75 million in the year ended Dec 31, 2023 (+660.2%), $77.97 million in the year ended Dec 31, 2022 (-88.4%) and $669.58 million in the year ended Dec 31, 2021.
- Quarterly Notes Payables has moved between $4.17 million (the quarter ended Dec 31, 2023) and $913.35 million (the quarter ended Jun 30, 2022) over five years.
- Compared with a year earlier, Notes Payables was higher in five of the last seven quarters, with growth averaging 173.3%.
- The best year-over-year quarter for Notes Payables over five years was the quarter ended Mar 31, 2025 (growth of 992.4%); the worst was the quarter ended Dec 31, 2023 (a decline of 94.5%).
- Per Business Quant data, VNET's Notes Payables in the three quarters before the quarter ended Jun 30, 2026 was $371.1 million (quarter ended Mar 31, 2026), $165.32 million (quarter ended Dec 31, 2025) and $146.09 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,960.03 Bn | 3,883.19 Bn | 60.48 Bn |
| 2 | International Business Machines | 235.53 Bn | 186.34 Bn | 9.91 Bn |
| 3 | Cloudflare | 108.82 Bn | 92.35 Bn | 499.52 Mn |
| 4 | Equinix | 98.02 Bn | 86.58 Bn | 1.40 Bn |
| 5 | Nebius | 41.68 Bn | 15.11 Bn | 448.70 Mn |
| 6 | CoreWeave | 34.12 Bn | 21.21 Bn | 1.70 Bn |
| 7 | Verisign | 27.89 Bn | 25.10 Bn | 384.60 Mn |
| 8 | Nutanix | 18.85 Bn | 10.53 Bn | 651.35 Mn |
| 9 | GoDaddy | 14.18 Bn | 9.76 Bn | 828.20 Mn |
| 10 | Vnet | 1.11 Bn | -2.62 Bn | 74.45 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 260.90 Mn |
| Mar 31, 2026 | 371.10 Mn |
| Dec 31, 2025 | 167.60 Mn |
| Sep 30, 2025 | 146.09 Mn |
| Jun 30, 2025 | 129.82 Mn |
| Mar 31, 2025 | 140.70 Mn |
| Dec 31, 2024 | 80.71 Mn |
| Sep 30, 2024 | 78.70 Mn |
| Jun 30, 2024 | 245.09 Mn |
| Mar 31, 2024 | 245.57 Mn |
| Dec 31, 2023 | 592.16 Mn |
| Sep 30, 2023 | 245.91 Mn |
| Mar 31, 2023 | 250.02 Mn |
| Dec 31, 2022 | 77.23 Mn |
| Sep 30, 2021 | 301.87 Mn |
| Jun 30, 2021 | 299.37 Mn |
| Mar 31, 2021 | 299.48 Mn |
| Dec 31, 2020 | 298.00 Mn |
| Sep 30, 2020 | 5.35 Mn |
| Jun 30, 2020 | 33.45 Mn |
API Access
Vnet Notes Payables 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=notes-payables&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "notes-payables", "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=notes-payables&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();