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) Operating margin
Vipshop Holdings Limited's operating margin over the twelve months to 30 June 2026 was 7.77%, up 0.1 percentage points from fiscal 2025 (7.68%). Over the past ten years it has ranged from 2.86% (fiscal 2018) to 8.46% (fiscal 2024); the current reading is higher than 82% of that period. That is above the Internet Retail industry median of 0.76% and above the Consumer Cyclical sector median of 3.97%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 7.68% | (0.78) |
| FY2024 | 8.46% | 0.39 |
| FY2023 | 8.07% | 2.06 |
| FY2022 | 6.01% | 1.24 |
| FY2021 | 4.77% | (0.98) |
| FY2020 | 5.75% | 0.62 |
| FY2019 | 5.13% | 2.27 |
| FY2018 | 2.86% | (0.83) |
| FY2017 | 3.69% | (1.09) |
| FY2016 | 4.78% | (0.37) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 6.15% | (3.25) |
| Mar 2026 | 9.40% | 0.56 |
| Dec 2025 | 8.84% | 2.93 |
| Sep 2025 | 5.91% | (0.67) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| CART Maplebear Inc. compare | 14.8% |
| GLBE Global-e Online Ltd. compare | 14.3% |
| ETSY Etsy, Inc. compare | 14.0% |
| LQDT Liquidity Services, Inc. compare | 9.00% |
| VIPS Vipshop Holdings Limited | 7.77% |
| RVLV Revolve Group, Inc. compare | 5.65% |
| CHWY Chewy compare | 2.51% |
| W Wayfair Inc. compare | 1.67% |
| PTRN Pattern Group Inc. compare | 1.36% |
| Internet Retail industry median | 0.76% |
| Consumer Cyclical sector median | 3.97% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on VIPS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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