Vipshop Holdings Limited (VIPS)
NYSE: VIPS · Real-Time Price · USD
13.10
-0.40 (-2.96%)
Aug 31, 2026, 4:00 PM EDT - Market closed
Vipshop Holdings Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Operating Revenue | 22,660 | 24,332 | 29,945 | 19,363 | 23,797 | 24,293 | 30,890 | 18,920 | 25,078 | 25,847 | 32,435 | 21,077 | 26,163 | 25,938 | 29,914 | 20,249 | 23,160 | 23,926 | 32,276 | 23,532 |
Other Revenue | 2,047 | 2,243 | 2,529 | 2,008 | 2,009 | 1,975 | 2,334 | 1,756 | 1,798 | 1,799 | 2,239 | 1,689 | 1,716 | 1,599 | 1,843 | 1,366 | 1,375 | 1,318 | 1,855 | 1,390 |
| 24,707 | 26,575 | 32,474 | 21,371 | 25,806 | 26,269 | 33,224 | 20,676 | 26,875 | 27,646 | 34,674 | 22,766 | 27,879 | 27,536 | 31,758 | 21,615 | 24,535 | 25,245 | 34,132 | 24,922 | |
Revenue Growth (YoY) | -4.26% | 1.17% | -2.26% | 3.36% | -3.98% | -4.98% | -4.18% | -9.18% | -3.60% | 0.40% | 9.18% | 5.33% | 13.63% | 9.08% | -6.96% | -13.27% | -17.13% | -11.11% | -4.59% | 7.51% |
Cost of Revenue | 18,952 | 20,079 | 25,030 | 16,462 | 19,751 | 20,186 | 25,596 | 15,721 | 20,534 | 21,100 | 26,442 | 17,384 | 21,677 | 21,632 | 24,858 | 16,932 | 19,511 | 20,236 | 27,418 | 20,080 |
Gross Profit | 5,755 | 6,495 | 7,444 | 4,909 | 6,055 | 6,082 | 7,628 | 4,955 | 6,341 | 6,546 | 8,233 | 5,382 | 6,202 | 5,905 | 6,900 | 4,683 | 5,024 | 5,008 | 6,713 | 4,842 |
Selling, General & Admin | 3,968 | 3,717 | 4,454 | 3,507 | 4,121 | 3,573 | 4,596 | 3,311 | 3,806 | 3,605 | 4,217 | 3,573 | 4,037 | 3,668 | 3,768 | 3,263 | 3,527 | 3,509 | 4,468 | 3,881 |
Research & Development | 486.18 | 448.21 | 425.46 | 438.55 | 442.04 | 449.07 | 469.22 | 454.15 | 487.16 | 481.9 | 496.44 | 435.28 | 443.05 | 392.76 | 408.54 | 394.75 | 411.76 | 390.37 | 443.01 | 366.85 |
Other Operating Expenses | -219.4 | -167.52 | -185.03 | -298.85 | -206.42 | -216.56 | -107.59 | -139.94 | -184.38 | -301.6 | -141.14 | -160.17 | -194.29 | -142.29 | -89.2 | -111.87 | -182.44 | -173.45 | 80.63 | -176.84 |
Operating Expenses | 4,235 | 3,997 | 4,694 | 3,647 | 4,357 | 3,805 | 4,958 | 3,626 | 4,109 | 3,786 | 4,572 | 3,848 | 4,285 | 3,919 | 4,088 | 3,546 | 3,756 | 3,726 | 4,992 | 4,071 |
Operating Income | 1,520 | 2,498 | 2,750 | 1,262 | 1,698 | 2,277 | 2,670 | 1,330 | 2,232 | 2,760 | 3,661 | 1,534 | 1,916 | 1,986 | 2,812 | 1,137 | 1,268 | 1,283 | 1,722 | 770.79 |
Interest Expense | -242.77 | -29.91 | -29.88 | -26.43 | -23.48 | -10.24 | -17.56 | -15.9 | -13.67 | -10.56 | -14.77 | -0.47 | -1.99 | -5.71 | -4.31 | -8.72 | -6.49 | -4.74 | -4.9 | -4.25 |
Interest & Investment Income | 180.18 | 180.02 | 191.86 | 190.82 | 195.95 | 222.95 | 227.43 | 174.65 | 191.66 | 216.06 | 208.91 | 166.25 | 183.17 | 221.97 | 198.25 | 176.09 | 189.98 | 199.69 | 194.87 | 163.05 |
Earnings From Equity Investments | 455.25 | 102.52 | 167.58 | 41.12 | 36.36 | 48.87 | 32.8 | 79.04 | 47.2 | 7.93 | -25.24 | 24.53 | 49.2 | 31.81 | 59.18 | 5.16 | -27.89 | -43.01 | -47.02 | -30.91 |
Currency Exchange Gain (Loss) | -13.17 | -18.81 | -17.13 | -13.17 | -18.85 | -12.94 | 138.63 | -86.18 | -74.9 | -2.37 | -78.15 | -33.63 | 282.64 | -8.19 | 160.54 | 322.21 | 217.3 | -12.18 | -34.45 | 17.13 |
EBT Excluding Unusual Items | 1,899 | 2,732 | 3,062 | 1,455 | 1,888 | 2,525 | 3,051 | 1,482 | 2,383 | 2,971 | 3,752 | 1,690 | 2,430 | 2,226 | 3,226 | 1,632 | 1,641 | 1,422 | 1,830 | 915.81 |
Gain (Loss) on Sale of Investments | 5,778 | 51.18 | 23.16 | 106.47 | 37.11 | -37.46 | 69.65 | 53.38 | -32.55 | -3.56 | -4.45 | -94.94 | 20.25 | 41.98 | 222.72 | 321.21 | -57.34 | -34.46 | -124.81 | -66.31 |
Gain (Loss) on Sale of Assets | - | - | -6.46 | - | - | - | 3.78 | - | - | - | -5.26 | - | - | - | -34.79 | - | - | - | -5.69 | - |
Asset Writedown | - | - | - | - | - | - | - | - | - | - | -156.24 | - | - | - | -239.3 | - | - | - | -61.92 | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -231.8 | - | - | - | - | - |
Pretax Income | 7,677 | 2,783 | 3,234 | 1,561 | 1,925 | 2,488 | 3,302 | 1,535 | 2,350 | 2,967 | 3,755 | 1,595 | 2,450 | 2,268 | 3,146 | 1,953 | 1,584 | 1,388 | 1,813 | 849.5 |
Income Tax Expense | 3,337 | 519.29 | 583.04 | 301.07 | 407.19 | 507.67 | 816.36 | 474.22 | 405.65 | 619.29 | 771.97 | 364.84 | 339.06 | 390.14 | 903.84 | 266.41 | 296.72 | 291.84 | 390.69 | 212.31 |
Earnings From Continuing Operations | 4,340 | 2,263 | 2,651 | 1,260 | 1,518 | 1,980 | 2,486 | 1,061 | 1,945 | 2,348 | 2,983 | 1,231 | 2,111 | 1,877 | 2,242 | 1,687 | 1,287 | 1,096 | 1,423 | 637.19 |
Minority Interest in Earnings | -33.84 | -57.18 | -62.17 | -39.46 | -28.05 | -37.47 | -39.13 | -15.34 | -13.32 | -31.22 | -30.47 | -22.27 | -13.26 | -18.68 | -8 | -0.36 | -4.24 | -0.42 | -7.94 | -8.84 |
Net Income | 4,306 | 2,206 | 2,589 | 1,221 | 1,490 | 1,943 | 2,447 | 1,045 | 1,931 | 2,317 | 2,952 | 1,208 | 2,097 | 1,859 | 2,234 | 1,687 | 1,283 | 1,096 | 1,415 | 628.35 |
Net Income to Common | 4,306 | 2,206 | 2,589 | 1,221 | 1,490 | 1,943 | 2,447 | 1,045 | 1,931 | 2,317 | 2,952 | 1,208 | 2,097 | 1,859 | 2,234 | 1,687 | 1,283 | 1,096 | 1,415 | 628.35 |
Net Income Growth (YoY) | 189.06% | 13.56% | 5.83% | 16.77% | -22.86% | -16.14% | -17.12% | -13.49% | -7.93% | 24.64% | 32.16% | -28.36% | 63.49% | 69.64% | 57.89% | 168.40% | 17.43% | -29.10% | -42.04% | -49.51% |
Shares Outstanding (Basic) | 481 | 480 | 489 | 493 | 506 | 513 | 513 | 522 | 544 | 542 | 542 | 542 | 550 | 580 | 605 | 619 | 646 | 676 | 678 | 677 |
Shares Outstanding (Diluted) | 488 | 493 | 505 | 505 | 512 | 522 | 522 | 530 | 554 | 555 | 552 | 552 | 559 | 588 | 610 | 624 | 650 | 680 | 683 | 684 |
Shares Change (YoY) | -4.63% | -5.53% | -3.10% | -4.83% | -7.57% | -5.95% | -5.51% | -3.96% | -0.97% | -5.70% | -9.59% | -11.48% | -13.94% | -13.55% | -10.64% | -8.82% | -7.36% | -4.08% | -1.86% | -0.99% |
EPS (Basic) | 8.95 | 4.60 | 5.29 | 2.48 | 2.94 | 3.78 | 4.77 | 2.00 | 3.55 | 4.27 | 5.44 | 2.23 | 3.81 | 3.21 | 3.69 | 2.73 | 1.99 | 1.62 | 2.09 | 0.93 |
EPS (Diluted) | 8.82 | 4.48 | 5.12 | 2.42 | 2.91 | 3.72 | 4.69 | 1.97 | 3.49 | 4.18 | 5.35 | 2.19 | 3.75 | 3.16 | 3.66 | 2.70 | 1.97 | 1.61 | 2.07 | 0.92 |
EPS Growth (YoY) | 203.16% | 20.25% | 9.19% | 22.72% | -16.57% | -10.87% | -12.30% | -9.87% | -7.04% | 32.21% | 46.11% | -19.08% | 90.07% | 96.27% | 76.79% | 194.55% | 26.70% | -26.15% | -40.94% | -49.06% |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Dividend Per Share | - | - | 4.337 | - | - | - | 3.504 | - | - | - | 3.049 | - | - | - | - | - | - | - | - | - |
Dividend Growth (YoY) | - | - | 23.77% | - | - | - | 14.91% | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Margin | 23.29% | 24.44% | 22.92% | 22.97% | 23.46% | 23.15% | 22.96% | 23.97% | 23.59% | 23.68% | 23.74% | 23.64% | 22.25% | 21.44% | 21.73% | 21.67% | 20.48% | 19.84% | 19.67% | 19.43% |
Operating Margin | 6.15% | 9.40% | 8.47% | 5.91% | 6.58% | 8.67% | 8.04% | 6.43% | 8.31% | 9.98% | 10.56% | 6.74% | 6.87% | 7.21% | 8.86% | 5.26% | 5.17% | 5.08% | 5.04% | 3.09% |
Profit Margin | 17.43% | 8.30% | 7.97% | 5.71% | 5.77% | 7.40% | 7.36% | 5.06% | 7.19% | 8.38% | 8.51% | 5.31% | 7.52% | 6.75% | 7.03% | 7.80% | 5.23% | 4.34% | 4.15% | 2.52% |
EBITDA | 1,902 | 2,880 | 3,132 | 1,618 | 2,053 | 2,632 | 3,025 | 1,656 | 2,558 | 3,085 | 3,987 | 1,842 | 2,225 | 2,294 | 3,121 | 1,415 | 1,546 | 1,560 | 1,999 | 1,022 |
EBITDA Margin | 7.70% | 10.84% | 9.65% | 7.57% | 7.96% | 10.02% | 9.11% | 8.01% | 9.52% | 11.16% | 11.50% | 8.09% | 7.98% | 8.33% | 9.83% | 6.54% | 6.30% | 6.18% | 5.86% | 4.10% |
D&A For EBITDA | 382.56 | 382.56 | 382.56 | 355.57 | 355.57 | 355.57 | 355.57 | 325.79 | 325.79 | 325.79 | 325.79 | 308.64 | 308.64 | 308.64 | 308.64 | 277.26 | 277.26 | 277.26 | 277.26 | 251.66 |
EBIT | 1,520 | 2,498 | 2,750 | 1,262 | 1,698 | 2,277 | 2,670 | 1,330 | 2,232 | 2,760 | 3,661 | 1,534 | 1,916 | 1,986 | 2,812 | 1,137 | 1,268 | 1,283 | 1,722 | 770.79 |
EBIT Margin | 6.15% | 9.40% | 8.47% | 5.91% | 6.58% | 8.67% | 8.04% | 6.43% | 8.31% | 9.98% | 10.56% | 6.74% | 6.87% | 7.21% | 8.86% | 5.26% | 5.17% | 5.08% | 5.04% | 3.09% |
Effective Tax Rate | 43.47% | 18.66% | 18.03% | 19.28% | 21.15% | 20.41% | 24.72% | 30.90% | 17.26% | 20.87% | 20.56% | 22.87% | 13.84% | 17.21% | 28.73% | 13.64% | 18.73% | 21.03% | 21.55% | 24.99% |
Revenue as Reported | 24,707 | 26,575 | 32,474 | 21,371 | 25,806 | 26,269 | 33,224 | 20,676 | 26,875 | 27,646 | 34,674 | 22,766 | 27,879 | 27,536 | 31,758 | 21,615 | 24,535 | 25,245 | 34,132 | 24,922 |