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
DateValue
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