The emerging electrochemical energy storage systems beyond Li‐ion batteries, including Na/K/Mg/Ca/Zn/Al‐ion batteries, attract extensive interest as the development of Li‐ion batteries is seriously hindered by the scarce lithium resources. During the past years, large amounts of studies have focused on the investigation of various electrode materials toward emerging metal‐ion batteries to realize high energy density, high power density, and a long cycle life. In particular, vanadium‐based nanomaterials have received great attention. Vanadium‐based compounds have a big family with different structures, chemical compositions, and electrochemical properties, which provide huge possibilities for the development of emerging electrochemical energy storage. In this review, a comprehensive overview of the recent progresses of promising vanadium‐based nanomaterials for emerging metal‐ion batteries is presented. The vanadium‐based materials are classified into four groups: vanadium oxides, vanadates, vanadium phosphates, and oxygen‐free vanadium‐based compounds. The structures, electrochemical properties, and modification strategies are discussed. The structure–performance relationships and charge storage mechanisms are focused on. Finally, the perspectives about future directions of vanadium‐based nanomaterials for emerging energy storage devices are proposed. This review will provide comprehensive knowledge of vanadium‐based nanomaterials and shed light on their potential applications in emerging energy storage.