VNET Group Quarterly Balance Sheet
NASDAQ: VNETTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
VNET Group financial position
As of Dec 31, 2025, VNET Group reported total assets of $6.38 billion, up 76.0% from a year earlier against total liabilities of $5.15 billion. Shareholders' equity stood at $889.2 million, or 13.9% of assets. The company held $789.9 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 0.92, meaning short-term obligations exceed short-term assets.
Summary generated from market data by MetaCap's automated system. Methodology
VNET Group balance sheet (quarterly)
| Quarter (USD) | Q4 20252025-12-31 | Q4 20242024-12-31 | Q4 20232023-12-31 | Q4 20222022-12-31 | Q4 20212021-12-31 | Q4 20202020-12-31 | Q4 20192019-12-31 | Q4 20182018-12-31 | Q4 20172017-12-31 | Q4 20162016-12-31 | Q4 20152015-12-31 | Q4 20142014-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 789.86M | 204.46M | 316.00M | 385.86M | 215.37M | 415.38M | 259.77M | 343.04M | 299.65M | 199.41M | 242.70M | 99.48M |
| Short-Term Investments | 54.23M | — | 50.26M | — | — | 43.81M | 52.27M | 35.64M | 84.36M | 40.03M | 16.19M | 146.87M |
| Receivables | 317.76M | 226.87M | 241.69M | 255.71M | 220.63M | 129.84M | 94.39M | 76.26M | 70.06M | 94.41M | 107.15M | 119.26M |
| Inventory | — | — | — | — | — | — | — | 267.00K | 109.00K | 638.00K | 2.09M | 1.62M |
| Total Current Assets | 1.64B | 934.36M | 1.38B | 1.02B | 835.47M | 928.06M | 750.98M | 680.40M | 652.53M | 749.23M | 537.48M | 462.01M |
| Property, Plant & Equipment | 3.26B | 2.36B | 1.83B | 1.73B | 1.58B | 1.24B | 781.92M | 586.32M | 510.19M | 544.67M | 563.94M | 489.43M |
| Goodwill | — | — | — | 197.79M | 194.23M | 156.14M | 151.65M | 142.14M | 143.92M | 269.89M | 252.91M | 271.07M |
| Intangible Assets | 286.67M | 192.32M | 194.85M | 217.06M | 2.28B | 1.55B | 58.98M | 51.68M | 61.65M | 140.77M | 196.70M | 226.36M |
| Long-Term Investments | 151.96M | 108.87M | 106.75M | 35.12M | 15.42M | 20.77M | 24.37M | 79.17M | 78.53M | 43.05M | 30.71M | 20.36M |
| Total Assets | 6.38B | 4.43B | 4.28B | 3.91B | 3.62B | 2.97B | 2.05B | 1.62B | 1.52B | 1.79B | 1.68B | 1.55B |
| Short-Term Debt | — | — | — | 70.18M | 60.28M | 38.06M | 72.04M | 18.22M | 18.49M | 248.16M | 48.60M | 179.84M |
| Total Current Liabilities | 1.78B | 1.28B | 1.61B | 918.07M | 812.85M | 938.23M | 641.93M | 318.70M | 272.86M | 629.97M | 435.63M | 481.76M |
| Long-Term Debt | — | — | — | 51.56M | 50.72M | 43.20M | — | — | — | — | — | — |
| Total Liabilities | 5.15B | 3.48B | 3.36B | 2.89B | 2.43B | 1.91B | 1.30B | 841.76M | 723.48M | 802.32M | 932.31M | 1.07B |
| Shareholders' Equity | 889.23M | 872.12M | 847.11M | 958.30M | 1.14B | 1.01B | 711.47M | 740.92M | 776.10M | 882.21M | 619.80M | 355.05M |
| Retained Earnings | -1.59B | -1.49B | -1.55B | -1.21B | -1.19B | -1.11B | -580.08M | -558.22M | -557.81M | -413.23M | -344.87M | -289.30M |
| Total Debt | — | — | — | 121.73M | 111.00M | 81.26M | 72.04M | 18.22M | 18.49M | 248.16M | 48.60M | 179.84M |
| Net Cash (Debt) | 844.09M | 204.46M | 366.25M | 264.12M | 104.37M | 377.93M | 240.00M | 360.45M | 365.53M | -8.72M | 210.29M | 66.51M |
This table shows 12 quarterly periods of VNET Group's balance sheet, from Q4 2025 back to Q4 2014, across 19 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow VNET's reporting calendar. What is a balance sheet?