Vnet (VNET) Tax Rate (2010 - 2024)
Vnet (VNET) reported Tax Rate of -6.30% for the quarter ended Jun 30, 2026, up 6.68 percentage points from -12.98% a year earlier and up 48.23 percentage points from the prior quarter.
Vnet (VNET) Tax Rate (2010 - 2024) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Vnet's Tax Rate came in at -28.31%, down 18.78 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at -133.63%, down 84.29 percentage points from the prior year.
- Tax Rate has declined for three consecutive years, with a five-year change of -133.63 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Tax Rate came in at -49.34% in the year ended Dec 31, 2024 (-53.94 pp), 4.60% in the year ended Dec 31, 2023 (-16.57 pp), 21.17% in the year ended Dec 31, 2022 (+37.92 pp) and -16.75% in the year ended Dec 31, 2021 (-16.75 pp).
- Five-year quarterly Tax Rate spans a low of -54.53% in the quarter ended Mar 31, 2026 and a high of -0.02% in the quarter ended Dec 31, 2022.
- Year over year, Tax Rate gained in four of the last eight quarters, with an average year-over-year change of -9.69 percentage points.
- The high point for year-over-year Tax Rate in five years was the quarter ended Sep 30, 2023 (a gain of 10.99 percentage points); the low point was the quarter ended Mar 31, 2026 (a drop of 46.90 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -54.53% (quarter ended Mar 31, 2026), -48.31% (quarter ended Dec 31, 2025) and -2.83% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,960.03 Bn | 3,883.19 Bn | 60.48 Bn | 18.80% |
| 2 | International Business Machines | 235.53 Bn | 186.34 Bn | 9.91 Bn | 12.63% |
| 3 | Cloudflare | 108.82 Bn | 92.35 Bn | 499.52 Mn | - |
| 4 | Equinix | 98.02 Bn | 86.58 Bn | 1.40 Bn | 8.80% |
| 5 | Nebius | 41.68 Bn | 15.11 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 34.12 Bn | 21.21 Bn | 1.70 Bn | - |
| 7 | Verisign | 27.89 Bn | 25.10 Bn | 384.60 Mn | 23.12% |
| 8 | Nutanix | 18.85 Bn | 10.53 Bn | 651.35 Mn | - |
| 9 | GoDaddy | 14.18 Bn | 9.76 Bn | 828.20 Mn | 24.26% |
| 10 | Vnet | 1.11 Bn | -2.62 Bn | 74.45 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2024 | 97.34% |
| Dec 31, 2020 | 10.57% |
| Sep 30, 2020 | 6.85% |
| Mar 31, 2020 | 8.67% |
| Dec 31, 2019 | 9.36% |
| Dec 31, 2018 | 18.05% |
| Sep 30, 2018 | 3.11% |
| Dec 31, 2017 | 74.55% |
| Dec 31, 2016 | 33.68% |
| Jun 30, 2011 | 10.20% |
| Mar 31, 2011 | 7.14% |
| Dec 31, 2010 | 1.56% |
| Sep 30, 2010 | 75.46% |
Vnet Tax Rate 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=tax-rate&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();