Vipshop Holdings Limited (VIPS) Gross margin 2016–2025
Vipshop Holdings Limited (VIPS) gross margin by fiscal year — reported gross profit divided by reported revenue.
23.1%FY2025 · since FY2016: 24.0% → 23.1%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 23.1% | -0.4 pp |
| FY2024 | 23.5% | +0.7 pp |
| FY2023 | 22.8% | +1.8 pp |
| FY2022 | 21.0% | +1.2 pp |
| FY2021 | 19.7% | -1.2 pp |
| FY2020 | 20.9% | -1.3 pp |
| FY2019 | 22.2% | +2.0 pp |
| FY2018 | 20.2% | -2.2 pp |
| FY2017 | 22.3% | -1.7 pp |
| FY2016 | 24.0% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice
More VIPS financial trends
VIPS RevenueVIPS Net incomeVIPS Net marginVIPS Gross profitVIPS 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 →