Vnet (VNET) Tax Rate (2010 - 2026)
Vnet's (VNET) quarterly Tax Rate came in at 155.11% in Q2 2026, down 21111.0% year-over-year from N/an in Q2 2025, and up 87.72% quarter-over-quarter from 1263.08% in Q1 2026.
Analysis
Vnet (VNET) Tax Rate (2010 - 2026) Analysis & Trends
Vnet has disclosed Tax Rate across 17 years of filings, most recently posting 155.11% for Q2 2026.
- In Q2 2026, Tax Rate fell 21111.0% year-over-year to 155.11%; the TTM figure through Jun 2026 stood at 211.47% (down 1882.0% YoY), while the FY2025 annual figure was 133.63%, down 8429.0% from the prior year.
- Tax Rate came in at 155.11% for Q2 2026 at Vnet, up from 1263.08% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 61.24% in Q1 2024 to a low of 1263.08% in Q1 2026.
- Average Tax Rate over 5 years is 98.93%, with a median of 24.28% recorded in 2024.
- Year-over-year, Tax Rate jumped 9144 bps in 2024 and tumbled 121526 bps in 2026.
- Over 5 years, Tax Rate stood at 0.19% in 2022, then soared by 1046 bps to 2.16% in 2023, then tumbled by 4526 bps to 95.79% in 2024, then plunged by 94 bps to 185.97% in 2025, then advanced by 17 bps to 155.11% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 155.11% in Q2 2026, 1263.08% in Q1 2026, and 185.97% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Equinix | 100.35 Bn | 98.13 Bn | 1.40 Bn | 8.80% |
| 2 | Terawulf | 7.45 Bn | 4.69 Bn | 32.37 Mn | 0.00% |
| 3 | Cipher Digital | 6.82 Bn | 2.80 Bn | 9.79 Mn | -0.14% |
| 4 | Applied Digital | 6.71 Bn | 2.74 Bn | 97.29 Mn | -2.22% |
| 5 | GDS Holdings | 5.78 Bn | 3.59 Bn | 97.89 Mn | -26.59% |
| 6 | Core Scientific | 5.48 Bn | 3.54 Bn | 70.04 Mn | -0.17% |
| 7 | Vnet | 1.63 Bn | 636.30 Mn | 74.45 Mn | -155.11% |
| 8 | Sify Technologies | 1.44 Bn | 1.44 Bn | 51.65 Mn | -8.35% |
| 9 | WhiteFiber | 666.74 Mn | 606.37 Mn | 18.88 Mn | 4.76% |
| 10 | Vulcan Infrastructure & Power | 432.00 Mn | 428.80 Mn | -1.25 Mn | 0.02% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -155.11% |
| Mar 31, 2026 | -1,263.08% |
| Dec 31, 2025 | -185.97% |
| Sep 30, 2025 | -12.51% |
| Jun 30, 2025 | 56.00% |
| Mar 31, 2025 | -47.82% |
| Dec 31, 2024 | -95.79% |
| Sep 30, 2024 | -28.32% |
| Jun 30, 2024 | -20.24% |
| Mar 31, 2024 | 61.24% |
| Dec 31, 2023 | 2.16% |
| Sep 30, 2023 | 17.21% |
| Jun 30, 2023 | 5.55% |
| Mar 31, 2023 | -30.20% |
| Dec 31, 2022 | 0.19% |
| Sep 30, 2022 | -58.90% |
| Jun 30, 2022 | 8.87% |
| Mar 31, 2022 | -33.99% |
| Dec 31, 2021 | 8.38% |
| Sep 30, 2021 | -13.77% |