Vnet (VNET) Operating Leases (2019 - 2025)
Vnet (VNET) posted Operating Leases of $699.8 million for Q4 2025, up 20.83% sequentially from $579.2 million in Q3 2025, and up 33.01% YoY from $526.1 million in Q4 2024.
Vnet (VNET) Operating Leases (2019 - 2025) Analysis & Trends
Vnet has reported Operating Leases for 7 years, with the latest figure at $699.8 million in Q4 2025.
- Quarterly Operating Leases rose 33.01% year-over-year to $699.8 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $699.8 million (up 33.01% YoY) and the FY2025 annual result came in at $572.1 million, up 10.5% from the prior year.
- Operating Leases rose to $699.8 million in Q4 2025 per VNET's latest filing, from $579.2 million in the prior quarter.
- Over five years, Operating Leases peaked at $456069.0 billion in Q1 2024 and troughed at $95.6 million in Q1 2021.
- A 5-year average of $39729.1 billion and a median of $518.7 million in 2024 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2022 and 2025: Operating Leases soared 229869799.63% in 2022, then plunged 100.0% in 2025.
- Over 5 years, Operating Leases stood at $357.2 million in 2021, then advanced by 14.34% to $408.5 million in 2022, then gained by 11.21% to $454.3 million in 2023, then increased by 15.82% to $526.1 million in 2024, then jumped by 33.01% to $699.8 million in 2025.
- According to Business Quant data, Operating Leases over the past three periods registered $699.8 million, $579.2 million, and $584.5 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn |
| 10 | Vnet | 1.78 Bn | 950.66 Mn | 77.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 699.79 Mn |
| Sep 30, 2025 | 579.15 Mn |
| Jun 30, 2025 | 584.46 Mn |
| Mar 31, 2025 | 565.82 Mn |
| Dec 31, 2024 | 526.14 Mn |
| Sep 30, 2024 | 511.24 Mn |
| Jun 30, 2024 | 494.89 Mn |
| Mar 31, 2024 | 456,069.00 Bn |
| Dec 31, 2023 | 454.27 Mn |
| Sep 30, 2023 | 460.54 Bn |
| Jun 30, 2023 | 437.53 Mn |
| Mar 31, 2023 | 489.41 Bn |
| Dec 31, 2022 | 408.49 Mn |
| Sep 30, 2022 | 438.26 Bn |
| Jun 30, 2022 | 337,118.00 Bn |
| Mar 31, 2022 | 354.12 Mn |
| Dec 31, 2021 | 357.25 Mn |
| Sep 30, 2021 | 224.60 Mn |
| Jun 30, 2021 | 146.66 Mn |
| Mar 31, 2021 | 95.56 Mn |