Vnet (VNET) Payables (2010 - 2026)
Vnet (VNET) posted Payables of $370.11 million for the quarter ended Jun 30, 2026, up 57.4% from $235.13 million a year earlier but down 24.7% from the prior quarter.
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Analysis
Vnet (VNET) Payables (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Vnet's Payables came in at $273.76 million, up 69.0% from the prior year.
- Annual Payables shows a five-year compound annual growth rate of 52.5% (years ended Dec 2020 to Dec 2025).
- In prior years, Vnet's Payables was $161.94 million in the year ended Dec 31, 2024 (-76.6%), $690.81 million in the year ended Dec 31, 2023 (+366.8%), $148 million in the year ended Dec 31, 2022 (-79.6%) and $724.89 million in the year ended Dec 31, 2021.
- Quarterly Payables has run from a low of $72.75 million in the quarter ended Dec 31, 2023 to a high of $1.02 billion in the quarter ended Jun 30, 2022 over five years.
- On a year-over-year basis, Payables increased in six of the last eight quarters, with growth averaging 72.9%.
- The strongest year-over-year quarter for Payables in the past five years was the quarter ended Sep 30, 2021, with growth of 819.1%; the weakest was the quarter ended Dec 31, 2022, with a decline of 80.1%.
- According to Business Quant data, Payables for the three prior quarters was $491.83 million (quarter ended Mar 31, 2026), $269.92 million (quarter ended Dec 31, 2025) and $250.21 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,960.03 Bn | 3,883.19 Bn | 60.48 Bn | 42.42 Bn |
| 2 | International Business Machines | 235.53 Bn | 186.34 Bn | 9.91 Bn | 10.17 Bn |
| 3 | Cloudflare | 108.82 Bn | 92.35 Bn | 499.52 Mn | 127.03 Mn |
| 4 | Equinix | 98.02 Bn | 86.58 Bn | 1.40 Bn | 1.26 Bn |
| 5 | Nebius | 41.68 Bn | 15.11 Bn | 448.70 Mn | 1.30 Bn |
| 6 | CoreWeave | 34.12 Bn | 21.21 Bn | 1.70 Bn | 3.63 Bn |
| 7 | Verisign | 27.89 Bn | 25.10 Bn | 384.60 Mn | 265.00 Mn |
| 8 | Nutanix | 18.85 Bn | 10.53 Bn | 651.35 Mn | 96.51 Mn |
| 9 | GoDaddy | 14.18 Bn | 9.76 Bn | 828.20 Mn | 122.90 Mn |
| 10 | Vnet | 1.11 Bn | -2.62 Bn | 74.45 Mn | 370.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 370.96 Mn |
| Mar 31, 2026 | 491.83 Mn |
| Dec 31, 2025 | 273.64 Mn |
| Sep 30, 2025 | 251.54 Mn |
| Jun 30, 2025 | 235.13 Mn |
| Mar 31, 2025 | 252.78 Mn |
| Dec 31, 2024 | 177.89 Mn |
| Sep 30, 2024 | 182.68 Mn |
| Jun 30, 2024 | 345.10 Mn |
| Mar 31, 2024 | 352.74 Mn |
| Dec 31, 2023 | 690.12 Mn |
| Sep 30, 2023 | 350.82 Mn |
| Jun 30, 2023 | 102.56 Mn |
| Mar 31, 2023 | 353.44 Mn |
| Dec 31, 2022 | 179.72 Mn |
| Jun 30, 2022 | 103.77 Mn |
| Mar 31, 2022 | 97.64 Mn |
| Dec 31, 2021 | 77.45 Mn |
| Sep 30, 2021 | 377.93 Mn |
| Jun 30, 2021 | 355.36 Mn |
API Access
Vnet Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "VNET", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();