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Growth Metrics

Vnet (VNET) Operating Leases (2019 - 2025)

Vnet has reported Operating Leases over the past 7 years, most recently at $699.8 million for Q4 2025.

  • For Q4 2025, Operating Leases rose 33.01% year-over-year to $699.8 million; the TTM value through Dec 2025 reached $699.8 million, up 33.01%, while the annual FY2025 figure was $572.1 million, 10.5% up from the prior year.
  • Operating Leases was $699.8 million for Q4 2025 at Vnet, up from $579.2 million in the prior quarter.
  • Across five years, Operating Leases topped out at $456069.0 billion in Q1 2024 and bottomed at $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.
  • Year-over-year, Operating Leases skyrocketed 229869799.63% in 2022 and then tumbled 100.0% in 2025.
  • Over 5 years, Operating Leases stood at $357.2 million in 2021, then increased by 14.34% to $408.5 million in 2022, then grew by 11.21% to $454.3 million in 2023, then increased by 15.82% to $526.1 million in 2024, then skyrocketed by 33.01% to $699.8 million in 2025.
  • The last three reported values for Operating Leases were $699.8 million (Q4 2025), $579.2 million (Q3 2025), and $584.5 million (Q2 2025) per Business Quant data.