Stocks Consumer discretionary VIPS
NYSE · Consumer discretionaryVipshop Holdings Ltd (VIPS)
Vipshop Holdings Ltd reported revenue of $15.1B in fiscal 2025, up 2.0% from a year earlier. Net income was $1B, a net margin of 6.8%. Operating cash flow minus capital spending left $782M of free cash flow in fiscal 2025. At December 31, 2025 it held $3.3B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 16, 2026.
Key facts about Vipshop Holdings Ltd
- Net worth
- Vipshop Holdings Ltd has a market value (market cap) of $6.6B at the latest share price, and shareholders' equity of $5.9B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $15.1B (+2.0% year on year), with net income of $1B.
- Cash flow
- In fiscal 2025 operations brought in $1.1B of cash; after $284M of capital spending, free cash flow was $782M.
- Latest report
- The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 16, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR
What Vipshop Holdings Ltd does
Vipshop Holdings Ltd is registered with the SEC under industry code SIC 5961 (Retail-Catalog & Mail-Order Houses). Its shares trade on NYSE under the ticker VIPS.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $15.1B | $1B | $10.12 | $782M |
| 2024 | $14.9B | $1.1B | $9.83 | $877.6M |
| 2023 | $15.9B | $1.1B | $10.16 | $1.7B |
| 2022 | $15B | $913.2M | $7.13 | $1.2B |
| 2021 | $18.4B | $734.6M | $5.29 | $629.6M |
| 2020 | $15.6B | $905.3M | $6.56 | $1.5B |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where VIPS ranks in Consumer discretionary
Dividends
It paid out $256.7M in cash dividends, 25% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $256.7M | 25% |
Latest SEC filings
What Vipshop Holdings Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- August 25, 2026
- August 6, 2026Passive stake changed SCHEDULE 13G/A
- May 21, 2026
- May 7, 2026Passive stake changed SCHEDULE 13G/A
- May 6, 2026Passive stake (5% or more) SCHEDULE 13G
- April 16, 2026Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue rose 2% to $15.1B versus the prior year; diluted EPS $10.12 versus $9.83.
- February 26, 2026
- November 20, 2025
- November 12, 2025
- August 14, 2025Passive stake changed SCHEDULE 13G/A
Insider trades
What the people running Vipshop Holdings Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $358.3K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 13, 2026 | Liu ChunDirector | Sold | 181 | $11.6K |
| October 13, 2026 | Li TianminChief Technology Officer | Sold | 2,394 | $153.4K |
| September 8, 2026 | Yang DonghaoDirector | Sold | 479 | $31K |
| September 8, 2026 | Wang YuhuaChief Financial Officer | Sold | 2,499 | $162.3K |
| July 7, 2026 | Liu ChunDirector | Sold | 174 | $11.7K |
| July 7, 2026 | Li TianminChief Technology Officer | Sold | 2,518 | $169.8K |
| June 9, 2026 | Yang DonghaoDirector | Sold | 397 | $27.5K |
| June 9, 2026 | Wang YuhuaChief Financial Officer | Sold | 2,589 | $178.9K |
Who owns VIPS
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Eric Ya Shen13G, passive with 2 related filers | 18.2% | August 14, 2025 |
| Tencent Mobility Limited13D, may seek influence with 1 related filers | 14.8% | May 22, 2025 |
| Arthur Xiaobo Hong13G, passive with 1 related filers | 11.1% | August 14, 2025 |
| FIL Limited13G, passive with 2 related filers | 6.5% | August 6, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 286 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| FIL Ltd | 26,073,132 | +1,166,110 |
| BlackRock, Inc. | 19,056,243 | -3,389,464 |
| Invesco Ltd. | 18,545,001 | -464,228 |
| Robeco Institutional Asset Management B.V. | 13,674,611 | +1,169,547 |
| Krane Funds Advisors LLC | 10,317,325 | -1,105,783 |
| Dimensional Fund Advisors LP | 8,246,644 | -371,373 |
| Vanguard Capital Management LLC | 6,805,552 | -265,282 |
| State Street Corp | 6,728,486 | -329,224 |
| Carmignac Gestion | 4,920,324 | +439,795 |
| Ranmore Fund Management Ltd | 3,850,000 | new |
| Allianz Asset Management GmbH | 3,602,998 | -132,668 |
| Orbis Allan Gray Ltd | 3,594,710 | -1,622,455 |
| Hhlr Advisors, Ltd. | 3,470,400 | +3,345,700 |
| American Century Companies Inc | 3,186,439 | +83,231 |
| Geode Capital Management, LLC | 3,042,458 | +58,139 |
| D. E. Shaw & Co., Inc. | 2,958,115 | +1,213,619 |
| Jupiter Asset Management Ltd | 2,943,800 | +2,408,800 |
| Todd Asset Management LLC | 2,871,479 | -1,695 |
| Marathon Asset Management Ltd | 2,758,415 | -167,190 |
| Northern Trust Corp | 2,485,968 | +198,608 |
Insiders
4 insiders reported holding 188,174 shares in total, about $2.6M at the last price.
| Holder | Shares |
|---|---|
| Yang DonghaoDirector | 72,703 |
| Li TianminChief Technology Officer | 60,665 |
| Wang YuhuaChief Financial Officer | 48,868 |
| Liu ChunDirector | 5,938 |
Questions about VIPS
What does Vipshop Holdings Ltd do?
Vipshop Holdings Ltd is a company in the Consumer discretionary sector, listed on NYSE as VIPS. Its shares trade on NYSE under the ticker VIPS.
What is Vipshop Holdings Ltd's net worth?
Vipshop Holdings Ltd has a market value (market cap) of $6.6B at the latest share price, and shareholders' equity of $5.9B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Vipshop Holdings Ltd profitable?
Yes. In fiscal 2025 it reported net income of $1B on revenue of $15.1B, a net margin of 6.8%.
How much revenue does Vipshop Holdings Ltd make?
In fiscal 2025 Vipshop Holdings Ltd reported revenue of $15.1B. That is 2.0% more than a year earlier.
When did Vipshop Holdings Ltd last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 16, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the insider trade from October 15, 2026.
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Where the numbers come from
Financial figures are the values Vipshop Holdings Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.