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 | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn |
| 10 | Vnet | 1.53 Bn | -1.90 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 | 165.32 Mn |
| Sep 30, 2025 | 146.09 Mn |
| Jun 30, 2025 | 129.82 Mn |
| Mar 31, 2025 | 722.78 Mn |
| Dec 31, 2024 | 82.00 Mn |
| Sep 30, 2024 | 78.70 Mn |
| Jun 30, 2024 | 77.37 Mn |
| Mar 31, 2024 | 66.17 Mn |
| Dec 31, 2023 | 4.17 Mn |
| Sep 30, 2023 | 584.05 Mn |
| Jun 30, 2023 | 611.36 Mn |
| Mar 31, 2023 | 666.62 Mn |
| Dec 31, 2022 | 75.61 Mn |
| Jun 30, 2022 | 913.35 Mn |
| Mar 31, 2022 | 911.57 Mn |
| Dec 31, 2021 | 667.39 Mn |
| Sep 30, 2021 | 301.87 Mn |
| Jun 30, 2021 | 299.37 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();