Vipshop Holdings annual operating margin
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2025
Vipshop Holdings Operating Margin Growth & History (VIPS)
Vipshop Holdings's operating margin was 7.68% for fiscal 2025.
View full Vipshop Holdings company overviewVipshop Holdings annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 7.68% | −0.78 pp |
| 2024 | 2024-12-31 | 8.46% | +0.39 pp |
| 2023 | 2023-12-31 | 8.07% | +2.06 pp |
| 2022 | 2022-12-31 | 6.01% | +1.24 pp |
| 2021 | 2021-12-31 | 4.77% | −0.98 pp |
| 2020 | 2020-12-31 | 5.75% | +0.62 pp |
| 2019 | 2019-12-31 | 5.13% | +2.27 pp |
| 2018 | 2018-12-31 | 2.86% | −0.83 pp |
| 2017 | 2017-12-31 | 3.69% | −1.09 pp |
| 2016 | 2016-12-31 | 4.78% | −0.37 pp |
| 2015 | 2015-12-31 | 5.15% | +1.98 pp |
| 2013 | 2013-12-31 | 3.17% | — |
Vipshop Holdings quarterly operating margin
No reported data
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|
Vipshop Holdings operating margin trends
Over the last five reported fiscal years, Vipshop Holdings's operating margin increased from 5.75% to 7.68%, a change of +1.93 percentage points.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income 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 ↗