Vnet (VNET) Operating Leases (2019 - 2025)
Vnet (VNET) reported Operating Leases of $564.1 million for Q4 2025, up 7.22% on a YoY basis from $526.1 million in Q4 2024, and down 2.6% sequentially from $579.2 million in Q3 2025.
Vnet (VNET) Operating Leases (2019 - 2025) Analysis & Trends
Vnet (VNET) has 7 years of Operating Leases data on file, last reported at $564.1 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Leases rose 7.22% year-over-year to $564.1 million; the trailing twelve-month figure through Dec 2025 stood at $564.1 million (up 7.22% YoY), and the FY2025 full-year result was $572.1 million, up 10.5% from the prior year.
- Operating Leases fell to $564.1 million in Q4 2025, 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.
- A 5-year average of $39729.1 billion and a median of $518.7 million in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases jumped 229869799.63% in 2022 and slumped 100.0% in 2025, its largest moves.
- Tracing VNET's Operating Leases over 5 years: 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 advanced by 15.82% to $526.1 million in 2024, then increased by 7.22% to $564.1 million in 2025.
- Business Quant data shows VNET's Operating Leases at $564.1 million in Q4 2025, $579.2 million in Q3 2025, and $584.5 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| Date | Value |
|---|---|
| Dec 31, 2025 | 564.12 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 |