Vnet (VNET) Notes Payables (2010 - 2025)

Vnet (VNET) reported Notes Payables of $165.3 million for Q4 2025, up 101.62% on a YoY basis from $82.0 million in Q4 2024, and up 13.17% sequentially from $146.1 million in Q3 2025.

Vnet (VNET) Notes Payables (2010 - 2025) Analysis & Trends

Vnet (VNET) has 16 years of Notes Payables data on file, last reported at $165.3 million in Q4 2025.

  • For the quarter ending Q4 2025, Notes Payables rose 101.62% year-over-year to $165.3 million; the trailing twelve-month figure through Dec 2025 stood at $165.3 million (up 101.62% YoY), and the FY2025 full-year result was $167.7 million, up 107.79% from the prior year.
  • Notes Payables improved to $165.3 million in Q4 2025, from $146.1 million in the prior quarter.
  • In the past five years, Notes Payables ranged from a high of $66167.0 billion in Q1 2024 to a low of $4.2 million in Q4 2023.
  • A 5-year average of $4726.6 billion and a median of $143.4 million in 2025 frame the typical range for Notes Payables.
  • Across the five-year window, Notes Payables soared 5542.49% in 2021 and plunged 100.0% in 2025, its largest moves.
  • Tracing VNET's Notes Payables over 5 years: stood at $301.9 million in 2021, then slumped by 74.95% to $75.6 million in 2022, then tumbled by 94.49% to $4.2 million in 2023, then jumped by 1867.97% to $82.0 million in 2024, then soared by 101.62% to $165.3 million in 2025.
  • Business Quant data shows VNET's Notes Payables at $165.3 million in Q4 2025, $146.1 million in Q3 2025, and $129.8 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn
5 Cgi 41.25 Bn 40.60 Bn -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn
10 Vnet 12.53 Bn 12.66 Bn 77.27 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 165.32 Mn
Sep 30, 2025 146.09 Mn
Jun 30, 2025 129.82 Mn
Mar 31, 2025 140.70 Mn
Dec 31, 2024 82.00 Mn
Sep 30, 2024 78.70 Mn
Jun 30, 2024 77.37 Mn
Mar 31, 2024 66,167.00 Bn
Dec 31, 2023 4.17 Mn
Sep 30, 2023 4.11 Bn
Dec 31, 2022 75.61 Mn
Sep 30, 2021 301.87 Mn
Jun 30, 2021 299.37 Mn
Mar 31, 2021 299.48 Mn
Dec 31, 2020 293.28 Mn
Sep 30, 2020 5.35 Mn
Jun 30, 2020 33.45 Mn
Mar 31, 2020 130.90 Mn
Dec 31, 2019 33.27 Mn
Sep 30, 2019 32.18 Mn