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.
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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 | 4,023.81 Bn | 3,959.30 Bn | 62.56 Bn | 9.05 Bn |
| 2 | International Business Machines | 229.57 Bn | 184.18 Bn | 9.71 Bn | 2.38 Bn |
| 3 | Cloudflare | 108.56 Bn | 91.00 Bn | 557.23 Mn | 168.20 Mn |
| 4 | Equinix | 104.79 Bn | 92.69 Bn | 1.31 Bn | - |
| 5 | Nebius | 34.62 Bn | 23.47 Bn | - | - |
| 6 | CoreWeave | 27.89 Bn | 14.98 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.57 Bn | 24.93 Bn | 393.20 Mn | 26.50 Mn |
| 8 | Nutanix | 16.13 Bn | 7.81 Bn | 651.35 Mn | 205.05 Mn |
| 9 | GoDaddy | 14.07 Bn | 9.45 Bn | 843.00 Mn | - |
| 10 | Vnet | 849.13 Mn | 109.17 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 | 7.81 Mn |
| Sep 30, 2024 | 7.57 Mn |
| Jun 30, 2024 | 8.53 Mn |
| Mar 31, 2024 | 10.44 Mn |
| Dec 31, 2023 | 11.20 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();