Vipshop Holdings Limited (VIPS) Net margin 2016–2025
Vipshop Holdings Limited (VIPS) net profit margin by fiscal year — reported net income divided by reported revenue.
6.8%FY2025 · since FY2016: 3.5% → 6.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 6.8% | -0.4 pp |
| FY2024 | 7.2% | -0.0 pp |
| FY2023 | 7.3% | +1.1 pp |
| FY2022 | 6.1% | +2.1 pp |
| FY2021 | 4.0% | -1.8 pp |
| FY2020 | 5.8% | +1.5 pp |
| FY2019 | 4.3% | +1.8 pp |
| FY2018 | 2.5% | -0.1 pp |
| FY2017 | 2.6% | -0.9 pp |
| FY2016 | 3.5% | — |
Net margin = reported net income ÷ reported revenue for the same fiscal year. Loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice
More VIPS financial trends
VIPS RevenueVIPS Net incomeVIPS Gross profitVIPS Gross marginVIPS Operating incomeVIPS Operating marginVIPS Operating cash flowVIPS Free cash flowVIPS Capital expendituresVIPS Return on equityVIPS Stock buybacksVIPS Dividends paidVIPS Total assetsVIPS Total liabilitiesVIPS Shareholders’ equityVIPS overview →