Vipshop Holdings Limited (VIPS) Earnings History
Annual and quarterly earnings data from 2009 to 2024
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VIPS EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
VIPS Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2024 | 23.5% | 8.5% | 7.1% |
| 2023 | 22.8% | 8.1% | 7.2% |
| 2022 | 21.0% | 6.0% | 6.1% |
| 2021 | 19.7% | 4.8% | 4.0% |
| 2020 | 20.9% | 5.8% | 5.8% |
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Vipshop Holdings Limited (VIPS) Earnings Overview
As of May 8, 2026, Vipshop Holdings Limited (VIPS) reported trailing twelve-month net income of $6.92B, reflecting -0.5% year-over-year growth. The company earned $13.53 per diluted share over the past four quarters, with a net profit margin of 7.1%.
Looking at the long-term picture, VIPS's 5-year EPS compound annual growth rate (CAGR) stands at +19.5%, indicating exceptional earnings growth. 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 23.5%, operating margin of 8.5%, and net margin of 7.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including JD ($32.20B net income, 3.6% margin), PDD ($102.27B net income, 28.5% margin), BABA ($123.35B net income, 13.1% 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 (2009–2024)
16 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 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% |
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Start ComparisonVIPS — Frequently Asked Questions
Quick answers to the most common questions about buying VIPS stock.
Is VIPS growing earnings?
VIPS EPS of $13.53 reflects slowing growth at -0.5%, below the 5-year CAGR of +19.5%. TTM net income is $6.9B. Expansion rate has moderated.
What are VIPS's profit margins?
Vipshop Holdings Limited net margin is +7.1%, with operating margin at +8.5%. Margins sit within typical range for the sector.
How consistent are VIPS's earnings?
VIPS earnings data spans 2009-2024. The current earnings trend is -0.5% YoY. Historical data enables comparison across business cycles.