Vnet (VNET) Payables (2010 - 2026)
Vnet's (VNET) quarterly Payables came in at $162.3 million in Q2 2026, little changed year-over-year from $162.5 million in Q2 2025, and down 9.65% quarter-over-quarter from $179.7 million in Q1 2026.
Analysis
Vnet (VNET) Payables (2010 - 2026) Analysis & Trends
Vnet has disclosed Payables across 17 years of filings, most recently posting $162.3 million for Q2 2026.
- In Q2 2026, Payables changed 0.1% year-over-year to $162.3 million; the TTM figure through Jun 2026 stood at $162.3 million (changed 0.1% YoY), while the FY2025 annual figure was $165.6 million, up 13.48% from the prior year.
- Payables came in at $162.3 million for Q2 2026 at Vnet, down from $179.7 million in the prior quarter.
- In the past five years, Payables ranged from a high of $190.8 million in Q3 2025 to a low of $98.9 million in Q1 2022.
- Average Payables over 5 years is $146.8 million, with a median of $153.9 million recorded in 2023.
- Year-over-year, Payables jumped 85.83% in 2022 and declined 0.61% in 2025.
- Over 5 years, Payables stood at $101.3 million in 2022, then surged by 44.25% to $146.1 million in 2023, then gained by 1.44% to $148.3 million in 2024, then rose by 10.1% to $163.2 million in 2025, then decreased by 0.56% to $162.3 million in 2026.
- Per Business Quant data, the three most recent Payables figures were $162.3 million in Q2 2026, $179.7 million in Q1 2026, and $163.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 102.92 Bn | 100.69 Bn | 1.40 Bn | 1.26 Bn |
| 2 | Terawulf | 8.33 Bn | 5.57 Bn | 32.37 Mn | 197.81 Mn |
| 3 | Applied Digital | 7.46 Bn | 3.49 Bn | 97.29 Mn | 411.90 Mn |
| 4 | Cipher Digital | 6.94 Bn | 2.92 Bn | 9.79 Mn | 383.58 Mn |
| 5 | GDS Holdings | 6.17 Bn | 3.98 Bn | 97.89 Mn | 351.12 Mn |
| 6 | Core Scientific | 5.88 Bn | 3.94 Bn | 70.04 Mn | 1.92 Bn |
| 7 | Vnet | 1.75 Bn | 757.22 Mn | 74.45 Mn | 162.32 Mn |
| 8 | Sify Technologies | 1.55 Bn | 1.55 Bn | 51.65 Mn | - |
| 9 | WhiteFiber | 745.81 Mn | 685.44 Mn | 18.88 Mn | 42.65 Mn |
| 10 | Vulcan Infrastructure & Power | 445.09 Mn | 441.89 Mn | -1.25 Mn | 38.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 162.32 Mn |
| Mar 31, 2026 | 179.67 Mn |
| Dec 31, 2025 | 163.24 Mn |
| Sep 30, 2025 | 190.75 Mn |
| Jun 30, 2025 | 162.49 Mn |
| Mar 31, 2025 | 160.58 Mn |
| Dec 31, 2024 | 148.26 Mn |
| Sep 30, 2024 | 154.36 Mn |
| Jun 30, 2024 | 152.18 Mn |
| Mar 31, 2024 | 161.57 Mn |
| Dec 31, 2023 | 146.15 Mn |
| Sep 30, 2023 | 153.92 Mn |
| Jun 30, 2023 | 151.70 Mn |
| Mar 31, 2023 | 103.95 Mn |
| Dec 31, 2022 | 101.31 Mn |
| Jun 30, 2022 | 104.48 Mn |
| Mar 31, 2022 | 98.87 Mn |
| Dec 31, 2021 | 56.50 Mn |
| Sep 30, 2021 | 76.33 Mn |
| Jun 30, 2021 | 56.22 Mn |