Vnet (VNET) Payables (2010 - 2025)
Vnet (VNET) posted Payables of $269.9 million for Q4 2025, up 7.3% sequentially from $251.6 million in Q3 2025, and up 49.34% YoY from $180.7 million in Q4 2024.
Vnet (VNET) Payables (2010 - 2025) Analysis & Trends
Vnet has reported Payables for 16 years, with the latest figure at $269.9 million in Q4 2025.
- Quarterly Payables rose 49.34% year-over-year to $269.9 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $269.9 million (up 49.34% YoY) and the FY2025 annual result came in at $269.9 million, up 51.76% from the prior year.
- Payables improved to $269.9 million in Q4 2025 per VNET's latest filing, from $251.6 million in the prior quarter.
- Over five years, Payables peaked at $173343.0 billion in Q1 2024 and troughed at $77.2 million in Q4 2021.
- A 5-year average of $13870.8 billion and a median of $261.3 million in 2025 frame the typical range for Payables.
- The sharpest annual moves came in 2022 and 2023: Payables jumped 29200394.15% in 2022, then slumped 100.0% in 2023.
- Over 5 years, Payables stood at $77.2 million in 2021, then surged by 127.95% to $176.0 million in 2022, then soared by 287.15% to $681.2 million in 2023, then plunged by 73.47% to $180.7 million in 2024, then soared by 49.34% to $269.9 million in 2025.
- According to Business Quant data, Payables over the past three periods registered $269.9 million, $251.6 million, and $232.9 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 10.17 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 3.18 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 809.53 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 390.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 6.66 Bn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 1.14 Bn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 1.04 Bn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 2.18 Bn |
| 10 | Vnet | 1.78 Bn | 950.66 Mn | 77.27 Mn | 269.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 269.92 Mn |
| Sep 30, 2025 | 251.55 Mn |
| Jun 30, 2025 | 232.87 Mn |
| Mar 31, 2025 | 252.78 Mn |
| Dec 31, 2024 | 180.74 Mn |
| Sep 30, 2024 | 182.49 Mn |
| Jun 30, 2024 | 177.39 Mn |
| Mar 31, 2024 | 173,343.00 Bn |
| Dec 31, 2023 | 681.20 Mn |
| Sep 30, 2023 | 109.03 Bn |
| Jun 30, 2023 | 102.56 Mn |
| Mar 31, 2023 | 103.42 Bn |
| Dec 31, 2022 | 175.95 Mn |
| Sep 30, 2022 | 91.06 Bn |
| Jun 30, 2022 | 103,766.00 Bn |
| Mar 31, 2022 | 97.64 Mn |
| Dec 31, 2021 | 77.19 Mn |
| Sep 30, 2021 | 377.93 Mn |
| Jun 30, 2021 | 355.36 Mn |
| Mar 31, 2021 | 360.26 Mn |