stockrowVipshop Holdings Limited
VIPS Consumer Cyclical Internet Retail
Vipshop Holdings Limited’s revenue for fiscal 2025 (year ended December 2025) was $15.1 billion, up 1.97% from fiscal 2024.
- Revenue
- +1.08%
- EPS
- +222.0%
- Free cash flow
- +38.3%
Quarter to June 2026, against a year earlier
Follow VIPS
Alert me
Vipshop Holdings Limited (VIPS) Gross margin
Vipshop Holdings Limited's gross margin over the twelve months to 30 June 2026 was 23.4%, up 0.3 percentage points from fiscal 2025 (23.1%). Over the past ten years it has ranged from 19.7% (fiscal 2021) to 24.6% (fiscal 2015); the current reading is higher than 73% of that period. That is below the Internet Retail industry median of 44.1% and below the Consumer Cyclical sector median of 35.1%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 23.1% | (0.37) |
| FY2024 | 23.5% | 0.70 |
| FY2023 | 22.8% | 1.83 |
| FY2022 | 21.0% | 1.22 |
| FY2021 | 19.7% | (1.16) |
| FY2020 | 20.9% | (1.34) |
| FY2019 | 22.2% | 2.05 |
| FY2018 | 20.2% | (2.16) |
| FY2017 | 22.4% | (1.68) |
| FY2016 | 24.0% | (0.59) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 23.3% | (1.15) |
| Mar 2026 | 24.4% | 1.50 |
| Dec 2025 | 22.9% | (0.03) |
| Sep 2025 | 23.0% | (0.49) |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CART Maplebear Inc. compare | 72.6% |
| ETSY Etsy, Inc. compare | 71.3% |
| RVLV Revolve Group, Inc. compare | 54.1% |
| LQDT Liquidity Services, Inc. compare | 47.6% |
| GLBE Global-e Online Ltd. compare | 45.2% |
| PTRN Pattern Group Inc. compare | 43.9% |
| W Wayfair Inc. compare | 30.1% |
| CHWY Chewy compare | 29.9% |
| VIPS Vipshop Holdings Limited | 23.4% |
| Internet Retail industry median | 44.1% |
| Consumer Cyclical sector median | 35.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on VIPS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement