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Vipshop Holdings Limited (VIPS) Financial History

Name: Vipshop Holdings Limited (VIPS) financial statement history
Creator: TickerBase
License: https://creativecommons.org/licenses/by/4.0/

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

CONSUMER CYCLICAL · INTERNET RETAIL · DATA UPDATED 2026-09-12

Vipshop Holdings Limited (VIPS) operates in the INTERNET RETAIL industry and is headquartered in Guangzhou, China with about 15,145 employees. Its market capitalization is roughly $6 billion. In the fiscal year ended 2025-12-31, VIPS reported CNY 105.9B in revenue and CNY 7.2B in net income.

Vipshop Holdings Limited operates online platforms in the People's Republic of China. The company operates through Vip.com, Shan Shan Outlets, and Others segments.

Interactive charts & full statements → Open the VIPS valuation workbench →

VIPS Revenue & Earnings History — Annual Income Statement

Income statement	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31
Total Revenue	CNY 105.1B	CNY 105.9B	CNY 108.4B	CNY 112.9B	CNY 103.2B	CNY 117.1B	CNY 101.9B	CNY 93.0B	CNY 84.5B	CNY 72.9B	CNY 56.6B	CNY 40.2B	CNY 23.1B	CNY 10.4B	CNY 4.3B	CNY 1.4B	CNY 216M	CNY 19M
Gross Profit	CNY 24.7B	CNY 24.5B	CNY 25.5B	CNY 25.7B	CNY 21.6B	CNY 23.1B	CNY 21.3B	CNY 20.7B	CNY 17.1B	CNY 16.3B	CNY 13.6B	CNY 9.9B	CNY 5.8B	CNY 2.5B	CNY 963M	CNY 272M	CNY 21M	CNY 2M
Gross Margin %	23.5%	23.1%	23.5%	22.8%	21.0%	19.7%	20.9%	22.2%	20.2%	22.4%	24.0%	24.6%	24.9%	24.0%	22.3%	19.1%	9.8%	8.2%
Operating Income (EBIT)	CNY 8.0B	CNY 8.1B	CNY 9.2B	CNY 9.1B	CNY 6.2B	CNY 5.6B	CNY 5.9B	CNY 4.8B	CNY 2.4B	CNY 2.7B	CNY 2.7B	CNY 2.1B	CNY 834M	CNY 331M	(CNY 78M)	(CNY 672M)	(CNY 55M)	(CNY 9M)
Operating Margin %	7.6%	7.7%	8.5%	8.1%	6.0%	4.8%	5.8%	5.1%	2.9%	3.7%	4.8%	5.1%	3.6%	3.2%	-1.8%	-47.1%	-25.7%	-49.2%
Net Income	CNY 10.3B	CNY 7.2B	CNY 7.7B	CNY 8.1B	CNY 6.3B	CNY 4.7B	CNY 5.9B	CNY 4.0B	CNY 2.1B	CNY 1.9B	CNY 2.0B	CNY 1.6B	CNY 851M	CNY 317M	(CNY 59M)	(CNY 674M)	(CNY 55M)	(CNY 9M)
Net Margin %	9.8%	6.8%	7.1%	7.2%	6.1%	4.0%	5.8%	4.3%	2.5%	2.7%	3.6%	4.0%	3.7%	3.0%	-1.4%	-47.2%	-25.7%	-49.2%
EBITDA	CNY 15.5B	CNY 10.7B	CNY 10.4B	CNY 10.4B	CNY 7.5B	CNY 6.6B	CNY 6.8B	CNY 6.4B	CNY 3.1B	CNY 3.7B	CNY 3.6B	CNY 2.6B	CNY 1.2B	CNY 376M	(CNY 50M)	(CNY 663M)	(CNY 55M)	(CNY 9M)
Earnings Per Share (EPS)	CNY 20.82	CNY 14.15	CNY 14.35	CNY 14.42	CNY 9.08	CNY 6.75	CNY 8.56	CNY 5.90	CNY 3.04	CNY 3.10	CNY 3.24	CNY 2.65	CNY 1.42	CNY 0.55	CNY -0.13	CNY -1.33	CNY -0.15	CNY -0.03
Shares Outstanding (M)	488M	512M	539M	563M	694M	694M	690M	680M	700M	629M	629M	601M	601M	577M	444M	506M	373M	373M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

VIPS Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement	2026-06-30	2026-03-31	2025-12-31	2025-09-30	2025-06-30	2025-03-31	2024-12-31	2024-09-30
Total Revenue	CNY 24.8B	CNY 26.4B	CNY 32.5B	CNY 21.4B	CNY 25.8B	CNY 26.3B	CNY 33.2B	CNY 20.7B
Gross Profit	CNY 5.9B	CNY 6.5B	CNY 7.4B	CNY 4.9B	CNY 6.1B	CNY 6.1B	CNY 7.6B	CNY 5.0B
Gross Margin %	23.6%	24.4%	22.9%	23.0%	23.5%	23.2%	23.0%	24.0%
Operating Income (EBIT)	CNY 1.5B	CNY 2.3B	CNY 2.9B	CNY 1.3B	CNY 1.7B	CNY 2.3B	CNY 2.9B	CNY 1.3B
Operating Margin %	6.1%	8.8%	8.9%	5.9%	6.6%	8.7%	8.6%	6.4%
Net Income	CNY 4.3B	CNY 2.2B	CNY 2.6B	CNY 1.2B	CNY 1.5B	CNY 1.9B	CNY 2.4B	CNY 1.0B
Net Margin %	17.4%	8.3%	8.0%	5.7%	5.8%	7.4%	7.4%	5.1%
EBITDA	CNY 7.5B	CNY 2.8B	CNY 3.3B	CNY 1.9B	CNY 2.3B	CNY 2.9B	CNY 3.2B	CNY 1.9B
Earnings Per Share (EPS)	CNY 8.82	CNY 4.45	CNY 5.12	CNY 2.42	CNY 2.91	CNY 3.72	CNY 4.69	CNY 1.89
Shares Outstanding (M)	488M	493M	505M	505M	512M	522M	522M	554M

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

VIPS Free Cash Flow History

Cash flow	TTM → 2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31
Cash from Operations (CFO)	—	CNY 7.5B	CNY 9.1B	CNY 14.4B	CNY 10.5B	CNY 6.7B	CNY 11.8B	CNY 12.3B	CNY 5.7B	CNY 981M	CNY 2.8B	CNY 1.9B	CNY 3.1B	CNY 2.6B	CNY 696M	CNY 8M	(CNY 44M)	(CNY 9M)
Capital Expenditures (CapEx)	CNY 0M	CNY 2.1B	CNY 3.6B	CNY 5.2B	CNY 3.1B	CNY 3.6B	CNY 2.3B	CNY 4.3B	CNY 3.6B	CNY 2.5B	CNY 2.8B	CNY 4.2B	CNY 1.6B	CNY 135M	CNY 77M	CNY 60M	CNY 10M	CNY 1M
Free Cash Flow (FCF)	—	CNY 5.4B	CNY 5.6B	CNY 9.2B	CNY 7.4B	CNY 3.2B	CNY 9.5B	CNY 8.0B	CNY 2.2B	(CNY 1.5B)	CNY 46M	(CNY 2.3B)	CNY 1.5B	CNY 2.5B	CNY 619M	(CNY 52M)	(CNY 54M)	(CNY 10M)
FCF Margin %	—	5.1%	5.1%	8.1%	7.2%	2.7%	9.4%	8.6%	2.5%	-2.1%	0.1%	-5.6%	6.7%	24.1%	14.3%	-3.6%	-24.8%	-52.0%
Dividends Paid	—	CNY 1.8B	CNY 1.7B	CNY 0M	CNY 0M	—	—	CNY 0M	CNY 0M	CNY 0M	CNY 0M	CNY 0M	CNY 0M	—	—	CNY 444M	—	—

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

VIPS Balance Sheet History

Balance sheet	2026-06-30	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31
Total Assets	CNY 85.9B	CNY 78.8B	CNY 74.9B	CNY 72.3B	CNY 65.5B	CNY 62.3B	CNY 58.9B	CNY 48.6B	CNY 43.6B	CNY 38.0B	CNY 25.1B	CNY 20.0B	CNY 16.9B	CNY 6.5B	CNY 399M	CNY 1.1B	CNY 114M	CNY 19M
Cash & Cash Equivalents	CNY 29.2B	CNY 24.1B	CNY 26.4B	CNY 25.4B	CNY 21.9B	CNY 16.3B	CNY 12.0B	CNY 6.6B	CNY 9.5B	CNY 10.0B	CNY 4.1B	CNY 3.3B	CNY 4.8B	CNY 2.0B	CNY 124M	CNY 283M	CNY 7M	CNY 2M
Total Liabilities	CNY 37.5B	CNY 34.4B	CNY 33.4B	CNY 33.8B	CNY 31.4B	CNY 28.5B	CNY 29.6B	CNY 26.3B	CNY 26.4B	CNY 23.7B	CNY 19.3B	CNY 16.4B	CNY 14.2B	CNY 5.0B	CNY 316M	CNY 937M	CNY 181M	CNY 29M
Total Debt (Short + Long-Term)	CNY 11.0B	CNY 5.9B	CNY 2.7B	CNY 1.7B	CNY 3.0B	CNY 2.3B	CNY 1.3B	CNY 1.5B	CNY 6.6B	CNY 5.8B	CNY 7.6B	CNY 4.2B	CNY 3.0B	CNY 5.1B	CNY 1M	CNY 80M	CNY 107M	CNY 21M
Total Shareholders' Equity	CNY 45.0B	CNY 41.0B	CNY 40.0B	CNY 37.0B	CNY 32.8B	CNY 32.6B	CNY 28.5B	CNY 21.8B	CNY 17.3B	CNY 14.3B	CNY 5.8B	CNY 3.5B	CNY 2.5B	CNY 1.5B	CNY 83M	CNY 115M	(CNY 67M)	(CNY 11M)

CNY; CNYM / CNYB as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive VIPS viewer.

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