Vnet (VNET) Property, Plant & Equipment (Net) (2010 - 2026)
Vnet (VNET) posted Property, Plant & Equipment (Net) of $3.75 billion for the quarter ended Jun 30, 2026, up 35.4% from $2.77 billion a year earlier and up 5.5% from the prior quarter.
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Analysis
Vnet (VNET) Property, Plant & Equipment (Net) (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Vnet's Property, Plant & Equipment (Net) came in at $3.26 billion, up 38.1% from the prior year.
- Annual Property, Plant & Equipment (Net) has increased for eight consecutive years, with a five-year compound annual growth rate of 21.3% (years ended Dec 2020 to Dec 2025).
- In prior years, Vnet's Property, Plant & Equipment (Net) was $2.36 billion in the year ended Dec 31, 2024 (+28.6%), $1.83 billion in the year ended Dec 31, 2023 (+5.8%), $1.73 billion in the year ended Dec 31, 2022 (+9.5%) and $1.58 billion in the year ended Dec 31, 2021 (+27.5%).
- The figure for the quarter ended Jun 30, 2026 stands as the highest quarterly Property, Plant & Equipment (Net) in data going back to the quarter ended Dec 31, 2010.
- On a year-over-year basis, Property, Plant & Equipment (Net) has increased in each of the last 11 quarters, with growth averaging 35.4% over the last eight quarters.
- The year-over-year growth in Property, Plant & Equipment (Net) has ranged between 6.6% (the quarter ended Dec 31, 2022) and 86.3% (the quarter ended Jun 30, 2022) over the last five years.
- According to Business Quant data, Property, Plant & Equipment (Net) for the three prior quarters was $3.56 billion (quarter ended Mar 31, 2026), $3.21 billion (quarter ended Dec 31, 2025) and $3.13 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,892.50 Bn | 3,815.66 Bn | 60.48 Bn | 313.08 Bn |
| 2 | International Business Machines | 238.73 Bn | 189.54 Bn | 9.91 Bn | 5.74 Bn |
| 3 | Cloudflare | 114.72 Bn | 98.25 Bn | 499.52 Mn | 703.21 Mn |
| 4 | Equinix | 94.20 Bn | 82.76 Bn | 1.40 Bn | 25.22 Bn |
| 5 | Nebius | 38.48 Bn | 11.91 Bn | 448.70 Mn | 13.05 Bn |
| 6 | CoreWeave | 29.87 Bn | 16.96 Bn | 1.70 Bn | 46.74 Bn |
| 7 | Verisign | 27.08 Bn | 24.44 Bn | 393.20 Mn | 221.20 Mn |
| 8 | Nutanix | 18.92 Bn | 10.61 Bn | 651.35 Mn | 134.89 Mn |
| 9 | GoDaddy | 14.68 Bn | 10.25 Bn | 828.20 Mn | 140.10 Mn |
| 10 | Vnet | 1.01 Bn | -2.72 Bn | 74.45 Mn | 3.75 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.75 Bn |
| Mar 31, 2026 | 3.56 Bn |
| Dec 31, 2025 | 3.26 Bn |
| Sep 30, 2025 | 3.13 Bn |
| Jun 30, 2025 | 2.77 Bn |
| Mar 31, 2025 | 2.54 Bn |
| Dec 31, 2024 | 2.36 Bn |
| Sep 30, 2024 | 2.16 Bn |
| Jun 30, 2024 | 1.97 Bn |
| Mar 31, 2024 | 1.91 Bn |
| Dec 31, 2023 | 1.83 Bn |
| Sep 30, 2023 | 1.77 Bn |
| Jun 30, 2023 | 1.71 Bn |
| Mar 31, 2023 | 15.36 Mn |
| Dec 31, 2022 | 1.72 Bn |
| Jun 30, 2022 | 1.57 Bn |
| Mar 31, 2022 | 1.65 Bn |
| Dec 31, 2021 | 1.58 Bn |
| Sep 30, 2021 | 1.40 Bn |
| Jun 30, 2021 | 840.27 Mn |
API Access
Vnet Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();