Vipshop Holdings Limited (VIPS)

Vipshop Holdings Revenue

Vipshop Holdings had revenue of 24.71B CNY in the quarter ending June 30, 2026, a decrease of -4.26%. This brings the company's total for the last twelve months to 105.13B, down -0.80% year-over-year. In the year 2025, Vipshop Holdings had annual revenue of 105.92B, down -2.31%. That makes Vipshop Holdings the 998th largest company in the world by revenue and 321st in the United States.

• Revenue (ttm): 105.13B CNY
• Revenue Growth: -0.80%
• P/S Ratio: 0.49
• Revenue / Employee: 6,941,321 CNY
• Employees: 15,145
• Market Cap: 7.55B USD

Revenue Chart

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* This company reports financials in CNY.

Revenue by Segment

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• Vip.Com 101.52B 95.3%
• Shan Shan Outlets 4.08B 3.8%
• Others 914.19M 0.9%

Fiscal year ended Dec 31, 2025 See the full Vipshop Holdings breakdown

Revenue History

Fiscal Year End	Revenue	Change	Growth
Dec 31, 2025	105.92B	-2.50B	-2.31%
Dec 31, 2024	108.42B	-4.44B	-3.93%
Dec 31, 2023	112.86B	9.70B	9.41%
Dec 31, 2022	103.15B	-13.91B	-11.88%
Dec 31, 2021	117.06B	15.20B	14.92%
Dec 31, 2020	101.86B	8.86B	9.53%
Dec 31, 2019	92.99B	8.47B	10.02%
Dec 31, 2018	84.52B	11.61B	15.93%
Dec 31, 2017	72.91B	16.32B	28.84%
Dec 31, 2016	56.59B	16.39B	40.76%
Dec 31, 2015	40.20B	17.07B	73.82%
Dec 31, 2014	23.13B	12.84B	124.74%
Dec 31, 2013	10.29B	5.98B	138.46%
Dec 31, 2012	4.32B	2.88B	201.40%
Dec 31, 2011	1.43B	1.22B	565.84%
Dec 31, 2010	215.06M	195.91M	1,023.06%
Dec 31, 2009	19.15M	-	-

Data Sources: Fiscal.ai and S&P Global Market Intelligence Last updated: Aug 26, 2026

Revenue data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company. Revenue segment data is provided by S&P Global Market Intelligence.

Update frequency:

Quarterly

Last checked:

Nov 9, 2026

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