Vipshop Holdings Ltd (VIPS) stock
VIPSNYSERetail-Catalog & Mail-Order HousesFiscal year ends December 31
$12.94−0.23 (-1.75%)
Close on Nov 12, 2026Market cap $6.20BP/E 6.1Yield –
Vipshop gross margin
Gross margin is gross profit as a percentage of revenue.
For fiscal 2025 it was 23.1%, against 23.5% the year before. The highest annual figure on record is 24.9% in fiscal 2014.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 23.1% | −0.4 |
| FY2024 | Dec 31, 2024 | 23.5% | +0.7 |
| FY2023 | Dec 31, 2023 | 22.8% | +1.8 |
| FY2022 | Dec 31, 2022 | 21.0% | +1.2 |
| FY2021 | Dec 31, 2021 | 19.7% | −1.2 |
| FY2020 | Dec 31, 2020 | 20.9% | −1.3 |
| FY2019 | Dec 31, 2019 | 22.2% | +2.0 |
| FY2018 | Dec 31, 2018 | 20.2% | −2.2 |
| FY2017 | Dec 31, 2017 | 22.3% | −1.7 |
| FY2016 | Dec 31, 2016 | 24.0% | −0.6 |
| FY2015 | Dec 31, 2015 | 24.6% | −0.2 |
| FY2014 | Dec 31, 2014 | 24.9% | +0.8 |
| FY2013 | Dec 31, 2013 | 24.0% | – |
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