Vnet (VNET) Research & Development (2010 - 2026)
Vnet (VNET) posted Research & Development of -$11.08 million for the quarter ended Jun 30, 2026, compared with -$9.43 million a year earlier.
Powered by 
Analysis
Vnet (VNET) Research & Development (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Research & Development at Vnet was -$43.13 million; for the year ended Dec 31, 2025, it was -$37.34 million.
- In prior years, Vnet's Research & Development was -$33.79 million in the year ended Dec 31, 2024, -$45.38 million in the year ended Dec 31, 2023, -$4,449 in the year ended Dec 31, 2022 and -$29.58 million in the year ended Dec 31, 2021.
- Quarterly Research & Development has run from a low of -$12.2 million in the quarter ended Dec 31, 2022 to a high of -$6.01 million in the quarter ended Mar 31, 2025 over five years.
- According to Business Quant data, Research & Development for the three prior quarters was -$10.79 million (quarter ended Mar 31, 2026), -$11.25 million (quarter ended Dec 31, 2025) and -$10.02 million (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,780.05 Bn | 3,703.20 Bn | 60.48 Bn | 10.00 Bn |
| 2 | International Business Machines | 207.28 Bn | 158.18 Bn | 9.91 Bn | 2.31 Bn |
| 3 | Cloudflare | 113.42 Bn | 96.95 Bn | 499.52 Mn | 159.49 Mn |
| 4 | Equinix | 100.18 Bn | 88.73 Bn | 1.40 Bn | - |
| 5 | Nebius | 60.05 Bn | 33.49 Bn | 448.70 Mn | 191.00 Mn |
| 6 | CoreWeave | 47.35 Bn | 34.44 Bn | 1.70 Bn | - |
| 7 | Verisign | 25.30 Bn | 22.51 Bn | 384.60 Mn | 27.50 Mn |
| 8 | Nutanix | 18.96 Bn | 10.65 Bn | 651.35 Mn | 205.05 Mn |
| 9 | Akamai Technologies | 15.57 Bn | 8.98 Bn | 613.75 Mn | 148.82 Mn |
| 10 | Vnet | 1.53 Bn | -1.90 Bn | 74.45 Mn | -11.08 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.08 Mn |
| Mar 31, 2026 | -10.79 Mn |
| Dec 31, 2025 | -11.25 Mn |
| Sep 30, 2025 | -10.02 Mn |
| Jun 30, 2025 | -9.43 Mn |
| Mar 31, 2025 | -6.01 Mn |
| Dec 31, 2024 | -7.69 Mn |
| Sep 30, 2024 | -7.57 Mn |
| Jun 30, 2024 | -8.53 Mn |
| Mar 31, 2024 | -10.44 Mn |
| Dec 31, 2023 | -11.36 Mn |
| Sep 30, 2023 | -11.06 Mn |
| Jun 30, 2023 | -11.19 Mn |
| Mar 31, 2023 | -11.61 Mn |
| Dec 31, 2022 | -12.20 Mn |
| Sep 30, 2022 | -10.31 Mn |
| Jun 30, 2022 | -11.46 Mn |
| Mar 31, 2022 | -11.46 Mn |
| Dec 31, 2021 | -9.89 Mn |
| Sep 30, 2021 | -8.32 Mn |
API Access
Vnet Research & Development 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=research-and-development&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();