Vipshop Holdings Limited (VIPS) Earnings History
Growth Compounder17 years of earnings data (2009–2025) · Consistent double-digit EPS growth over 5 years
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Vipshop Holdings Limited (VIPS) Earnings Overview
As of June 25, 2026, Vipshop Holdings Limited (VIPS) reported trailing twelve-month net income of $7.24B, reflecting -1.4% year-over-year growth. The company earned $14.33 per diluted share over the past four quarters, with a net profit margin of 6.8%.
Looking at the long-term picture, VIPS's 5-year EPS compound annual growth rate (CAGR) stands at +10.6%, showing solid earnings momentum. The company achieved its highest annual net income of $8.12B in fiscal 2023.
Vipshop Holdings Limited maintains positive profitability with a gross margin of 23.1%, operating margin of 7.7%, and net margin of 6.8%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including JD ($19.63B net income, 1.5% margin), PDD ($97.84B net income, 22.7% margin), BABA ($103.59B net income, 10.1% margin), VIPS has outperformed on profitability metrics. Compare VIPS vs JD →
VIPS Earnings vs Peers
Earnings metrics vs comparable public companies
VIPS Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $7.24B | -6.4% | $8.14B | $14.15 | 6.8% | 7.7% |
| 2024 | $7.74B | -4.6% | $9.17B | $14.35 | 7.1% | 8.5% |
| 2023 | $8.12B | +28.9% | $9.10B | $14.42 | 7.2% | 8.1% |
| 2022 | $6.30B | +34.6% | $6.20B | $9.83 | 6.1% | 6.0% |
| 2021 | $4.68B | -20.8% | $5.58B | $6.75 | 4.0% | 4.8% |
| 2020 | $5.91B | +47.1% | $5.86B | $8.56 | 5.8% | 5.8% |
| 2019 | $4.02B | +88.7% | $4.77B | $5.90 | 4.3% | 5.1% |
| 2018 | $2.13B | +9.2% | $2.42B | $3.04 | 2.5% | 2.9% |
| 2017 | $1.95B | -4.3% | $2.69B | $3.19 | 2.7% | 3.7% |
| 2016 | $2.04B | +28.1% | $2.71B | $3.37 | 3.6% | 4.8% |
| 2015 | $1.59B | +86.7% | $2.07B | $2.65 | 4.0% | 5.2% |
| 2014 | $851M | +168.6% | $834M | $1.41 | 3.7% | 3.6% |
| 2013 | $317M | +636.1% | $331M | $0.55 | 3.0% | 3.2% |
| 2012 | -$59M | +91.2% | -$78M | $-0.13 | -1.4% | -1.8% |
| 2011 | -$674M | -1115.1% | -$672M | $-1.33 | -47.2% | -47.1% |
| 2010 | -$55M | -488.6% | -$55M | $-0.15 | -25.7% | -25.7% |
| 2009 | -$9M | - | -$9M | $-0.03 | -49.2% | -49.2% |
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VIPS — Frequently Asked Questions
Quick answers to the most common questions about buying VIPS stock.
What is VIPS earnings per share (EPS)?
VIPS trailing twelve-month (TTM) diluted EPS is $14.33, reflecting -1.4% year-over-year growth. The 5-year EPS CAGR is +10.6%. Complete EPS history from 2009 to 2025 is available in the table on this page.
What is Vipshop Holdings Limited's net income?
Vipshop Holdings Limited (VIPS) trailing twelve-month net income is $7.2B as of 2025. Earnings declined -1.4% year-over-year. Vipshop Holdings Limited has been profitable for 13 consecutive years.
Is VIPS profitable?
Yes, VIPS is profitable with a TTM net income of $7.2B and a net profit margin of +6.8%. Vipshop Holdings Limited has generated profits for 13 consecutive years.
What is VIPS's earnings growth rate?
VIPS compound annual EPS growth rates (CAGR): 1-Year: -1.4%, 3-Year: +12.9%, 5-Year: +10.6%, 10-Year: +18.2%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2009 to 2025.
What are VIPS's profit margins?
Vipshop Holdings Limited net profit margin is +6.8%, operating margin is +7.7%, and gross margin is +23.1%. Margins are within a typical range for the sector. Return on Equity is +16.8%.
Is VIPS growing earnings?
VIPS earnings growth is slowing. Current YoY EPS growth of -1.4% trails the 5-year CAGR of +10.6%. TTM net income is $7.2B.
What was VIPS's best earnings year?
Vipshop Holdings Limited's highest annual net income on record is $8.1B, achieved in fiscal year 2023. Earnings history on this page spans 2009 to 2025 and includes all annual and quarterly figures.
What were VIPS's earnings last quarter?
VIPS's most recent reported quarter was Q4 2025. Net income was $2.6B with diluted EPS of $5.12. For a full breakdown of all quarters, see the quarterly earnings table on this page.