Vnet (VNET) Total Liabilities (2010 - 2026)
Vnet (VNET) reported Total Liabilities of $6.57 billion for the quarter ended Jun 30, 2026, up 42.7% from $4.6 billion a year earlier and up 2.4% from the prior quarter.
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Analysis
Vnet (VNET) Total Liabilities (2010 - 2026) Analysis & Trends
As of Dec 31, 2025, Vnet posted Total Liabilities of $5.4 billion, up 52.5% from the prior year.
- Total Liabilities has a five-year compound annual growth rate of 23.1% (years ended Dec 2020 to Dec 2025).
- By year, Total Liabilities came in at $3.54 billion in the year ended Dec 31, 2024 (-17.3%), $4.28 billion in the year ended Dec 31, 2023 (+47.8%), $2.89 billion in the year ended Dec 31, 2022 (+19.1%) and $2.43 billion in the year ended Dec 31, 2021 (+27.2%).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Total Liabilities in data going back to the quarter ended Dec 31, 2010.
- Year over year, Total Liabilities has now increased in each of the last eight quarters, with growth averaging 37.7% over the last eight quarters.
- Over the past five years, the year-over-year growth in Total Liabilities ranged from 4.1% (the quarter ended Sep 30, 2024) to 593.0% (the quarter ended Sep 30, 2021).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $6.42 billion (quarter ended Mar 31, 2026), $5.32 billion (quarter ended Dec 31, 2025) and $5.17 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Liabilities (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,960.03 Bn | 3,883.19 Bn | 60.48 Bn | 315.99 Bn |
| 2 | International Business Machines | 235.53 Bn | 186.34 Bn | 9.91 Bn | 117.56 Bn |
| 3 | Cloudflare | 108.82 Bn | 92.35 Bn | 499.52 Mn | 4.85 Bn |
| 4 | Equinix | 98.02 Bn | 86.58 Bn | 1.40 Bn | 26.69 Bn |
| 5 | Nebius | 41.68 Bn | 15.11 Bn | 448.70 Mn | 17.62 Bn |
| 6 | CoreWeave | 34.12 Bn | 21.21 Bn | 1.70 Bn | 72.05 Bn |
| 7 | Verisign | 27.89 Bn | 25.10 Bn | 384.60 Mn | 4.06 Bn |
| 8 | Nutanix | 18.85 Bn | 10.53 Bn | 651.35 Mn | 4.37 Bn |
| 9 | GoDaddy | 14.18 Bn | 9.76 Bn | 828.20 Mn | 7.99 Bn |
| 10 | Vnet | 1.11 Bn | -2.62 Bn | 74.45 Mn | 6.69 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.69 Bn |
| Mar 31, 2026 | 6.51 Bn |
| Dec 31, 2025 | 5.39 Bn |
| Sep 30, 2025 | 5.28 Bn |
| Jun 30, 2025 | 4.68 Bn |
| Mar 31, 2025 | 4.50 Bn |
| Dec 31, 2024 | 3.49 Bn |
| Sep 30, 2024 | 3.29 Bn |
| Jun 30, 2024 | 3.18 Bn |
| Mar 31, 2024 | 3.08 Bn |
| Dec 31, 2023 | 3.36 Bn |
| Sep 30, 2023 | 3.16 Bn |
| Jun 30, 2023 | 3.09 Bn |
| Mar 31, 2023 | 3.19 Bn |
| Dec 31, 2022 | 2.87 Bn |
| Jun 30, 2022 | 2.75 Bn |
| Mar 31, 2022 | 2.87 Bn |
| Dec 31, 2021 | 2.43 Bn |
| Sep 30, 2021 | 2.57 Bn |
| Jun 30, 2021 | 745.06 Mn |
API Access
Vnet Total Liabilities 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=total-liabilities&ticker=VNET&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-liabilities", "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=total-liabilities&ticker=VNET&period=max&api_key=YOUR_API_KEY");
const data = await res.json();