Cash Flow Statement
Growth Metrics

Vnet (VNET) Tax Rate (2016 - 2025)

Vnet has reported Tax Rate over the past 16 years, most recently at 111.93% for Q4 2025.

  • For Q4 2025, Tax Rate fell 8616.0% year-over-year to 111.93%; the TTM value through Dec 2025 reached 69.93%, down 4873.0%, while the annual FY2025 figure was 133.63%, 8429.0% up from the prior year.
  • Tax Rate was 111.93% for Q4 2025 at Vnet, down from 12.44% in the prior quarter.
  • Across five years, Tax Rate topped out at 8.38% in Q4 2021 and bottomed at 111.93% in Q4 2025.
  • The 5-year median for Tax Rate is 20.95% (2021), against an average of 25.2%.
  • The widest YoY moves for Tax Rate: up 16584bps in 2021, down -1635560bps in 2021.
  • Over 5 years, Tax Rate stood at 8.38% in 2021, then plummeted by -102bps to 0.16% in 2022, then surged by 1585bps to 2.39% in 2023, then plummeted by -1179bps to 25.77% in 2024, then tumbled by -334bps to 111.93% in 2025.
  • The last three reported values for Tax Rate were 111.93% (Q4 2025), 12.44% (Q3 2025), and 54.87% (Q2 2025) per Business Quant data.