Vipshop Holdings annual gross margin
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2021
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2025
Vipshop Holdings Gross Margin Growth & History (VIPS)
Vipshop Holdings's gross margin was 23.12% for fiscal 2025.
View full Vipshop Holdings company overviewVipshop Holdings annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 23.12% | −0.37 pp |
| 2024 | 2024-12-31 | 23.49% | +0.70 pp |
| 2023 | 2023-12-31 | 22.79% | +1.84 pp |
| 2022 | 2022-12-31 | 20.96% | +1.22 pp |
| 2021 | 2021-12-31 | 19.74% | −1.16 pp |
| 2020 | 2020-12-31 | 20.90% | −1.34 pp |
| 2019 | 2019-12-31 | 22.24% | +2.04 pp |
| 2018 | 2018-12-31 | 20.19% | −2.15 pp |
| 2017 | 2017-12-31 | 22.35% | −1.68 pp |
| 2016 | 2016-12-31 | 24.03% | −0.59 pp |
| 2015 | 2015-12-31 | 24.62% | +0.58 pp |
| 2013 | 2013-12-31 | 24.03% | — |
Vipshop Holdings quarterly gross margin
No reported data
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Vipshop Holdings gross margin trends
Over the last five reported fiscal years, Vipshop Holdings's gross margin increased from 20.90% to 23.12%, a change of +2.22 percentage points.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vipshop Holdings filings at SEC.gov ↗