Baozun Inc. income statement
In fiscal 2025, Baozun Inc. reported revenue of $1.38bn, up 5.7% on the year before, operating income of $7.9m (a 0.6% margin) and net income of −$33.7m, or −$0.58 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 248 | 257 | 414 | 511 | 614 | 817 | 1,054 | 1,283 | 1,457 | 1,251 | 1,245 | 1,310 | 1,384 |
| Cost of revenue | — | — | — | 290 | 284 | 308 | 402 | 482 | 508 | 336 | 340 | 344 | 358 |
| Gross profit | — | — | — | 221 | 330 | 509 | 652 | 801 | 949 | 915 | 905 | 966 | 1,025 |
| Selling and marketing | 24 | 37 | 64 | 99 | 135 | 203 | 263 | 309 | 395 | 398 | 400 | 470 | 535 |
| General and administrative | 6 | 16 | 12 | 13 | 17 | 23 | 31 | 32 | 82 | 55 | 121 | 100 | 105 |
| Operating income | −7 | −9 | 1 | 14 | 38 | 54 | 56 | 81 | 1 | 5 | −29 | −16 | 8 |
| Interest expense | 0 | 0 | — | 0 | 1 | 2 | 9 | 10 | 9 | 8 | 6 | 5 | 6 |
| Income before tax | −6 | −9 | 4 | 15 | 39 | 51 | 50 | 80 | −24 | −86 | −31 | −13 | −28 |
| Income tax | 0 | 0 | −1 | 3 | 8 | 10 | 10 | 19 | 9 | 4 | 2 | 3 | 1 |
| Net income | −6 | −10 | 4 | 13 | 31 | 41 | 41 | 62 | −34 | −97 | −39 | −26 | −34 |
| Diluted EPS | — | — | — | $0.24 | $0.53 | $0.68 | $0.68 | $0.97 | −$0.47 | −$1.59 | −$0.66 | −$0.43 | −$0.58 |
| Diluted shares (average) | 10m | 10m | 34m | 55m | 59m | 60m | 60m | 64m | 72m | 61m | 60m | 60m | 58m |
| EBITDA | −5 | −7 | 5 | 19 | 45 | 65 | 73 | 103 | 33 | 34 | 6 | 18 | 39 |
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