Vnet (VNET) Operating Leases (2019 - 2025)

Vnet has disclosed Operating Leases across 7 years of filings, most recently posting $699.8 million for Q4 2025.

• Operating Leases for Q4 2025 came in at $699.8 million, up 33.01% year-over-year; the trailing twelve-month figure through Dec 2025 was $699.8 million (up 33.01% YoY), and the FY2025 annual result was $572.1 million, up 10.5% from the prior year.
• Operating Leases came in at $699.8 million for Q4 2025 at Vnet, up from $579.2 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $456069.0 billion in Q1 2024 to a low of $95.6 million in Q1 2021.
• The 5-year median for Operating Leases is $518.7 million (2024), against an average of $39729.1 billion.
• Across the five-year window, Operating Leases jumped 229869799.63% in 2022 and plunged 100.0% in 2025, its largest moves.
• Vnet's Operating Leases stood at $357.2 million in 2021, then rose by 14.34% to $408.5 million in 2022, then increased by 11.21% to $454.3 million in 2023, then climbed by 15.82% to $526.1 million in 2024, then surged by 33.01% to $699.8 million in 2025.
• The last three Operating Leases figures came in at $699.8 million (Q4 2025), $579.2 million (Q3 2025), and $584.5 million (Q2 2025), per Business Quant data.