Qvc vs Vipshop: revenue, profit, margins and growth compared
Qvc brought in $8.3B of revenue in fiscal 2025, Vipshop $15.1B in fiscal 2025. Revenue changed by -7.8% at Qvc and +2.0% at Vipshop on the year before, so Vipshop grew faster. Qvc kept -26.1% of its revenue as net profit, Vipshop 6.8%. Free cash flow was $287M at Qvc and $782M at Vipshop.
Fiscal years as each company reports them; the two may end in different months.
Questions about Qvc and Vipshop
Which is bigger by revenue, Qvc or Vipshop?
Vipshop is bigger by revenue: $15.1B in fiscal 2025, against $8.3B for Qvc in fiscal 2025.
Which keeps more of its revenue as profit, Qvc or Vipshop?
Qvc had a net margin of -26.1% in fiscal 2025; Vipshop had 6.8% in fiscal 2025.
Which grew revenue faster, Qvc or Vipshop?
In their latest fiscal years revenue changed by -7.8% at Qvc and +2.0% at Vipshop.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.