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NYSE · Consumer discretionary

Vipshop 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.

Price
$12.38
+0.08% on the day · September 25, 2026
52-week range $12.02 to $21.08
Market cap
$5.9B
Revenue (FY2025)
$15.1B
+2.0% year on year
Net margin
6.8%

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

Revenue
FY18: $12.3B $12.3B FY18FY19: $13.4B $13.4B FY19FY20: $15.6B $15.6B FY20FY21: $18.4B $18.4B FY21FY22: $15B $15B FY22FY23: $15.9B $15.9B FY23FY24: $14.9B $14.9B FY24FY25: $15.1B $15.1B FY25
Net income
FY18: $309.6M $309.6M FY18FY19: $577M $577M FY19FY20: $905.3M $905.3M FY20FY21: $734.6M $734.6M FY21FY22: $913.2M $913.2M FY22FY23: $1.1B $1.1B FY23FY24: $1.1B $1.1B FY24FY25: $1B $1B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$15.1B$1.2B$1B$10.12$782M
2024$14.9B$1.3B$1.1B$9.83$877.6M
2023$15.9B$1.3B$1.1B$10.16$1.7B
2022$15B$898.5M$913.2M$7.13$1.2B
2021$18.4B$876M$734.6M$5.29$629.6M
2020$15.6B$898.1M$905.3M$6.56$1.5B

Latest SEC filings

What Vipshop Holdings Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. August 25, 2026
  2. August 6, 2026
  3. May 21, 2026
  4. May 6, 2026
  5. April 16, 2026
    Annual report (foreign issuer) 20-F · period to December 31, 2025
  6. February 26, 2026
  7. November 20, 2025
  8. November 12, 2025
  9. August 14, 2025
  10. August 14, 2025

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 10, 2026. Insider transactions on SEC

All filings on SEC EDGAR

Questions about VIPS

What does Vipshop Holdings Ltd do?

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.

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 September 10, 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.