Vipshop Holdings Ltd revenue

Vipshop Holdings Ltd's revenue was $14.74bn in fiscal 2025, down 2.2% on the year before. Since fiscal 2010 ($32.6m) it has grown at a compound 50.3% a year.

Revenue history

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vipshop Holdings Ltd: revenue history, annual
Fiscal year	2010Dec 2010	2011Dec 2011	2012Dec 2012	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	0.0	0.2	0.7	1.7	3.8	6.4	8.5	10.8	12.8	13.5	14.8	18.1	15.4	15.9	15.1	14.7
Growth on the year before	—	+597.1%	+204.7%	+144.9%	+121.4%	+70.5%	+33.2%	+26.6%	+18.7%	+5.1%	+9.6%	+22.9%	−15.4%	+3.8%	−5.5%	−2.2%
Gross profit	0.0	0.0	0.2	0.4	0.9	1.6	2.0	2.4	2.6	3.0	3.1	3.6	3.2	3.6	3.5	3.4
Gross margin	9.8%	19.1%	22.3%	24.0%	24.9%	24.6%	24.0%	22.3%	20.2%	22.2%	20.9%	19.7%	21.0%	22.8%	23.5%	23.1%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

Revenue against peers

Broadline Retail: the closest covered companies by revenue. Last twelve months.

Company	Revenue	Growth	3-year growth a year
Vipshop Holdings Ltd	$14.74bn	-2.2%	105.6%
Kohls Corp	$15.43bn	-2.9%	-4.6%
eBay Inc.	$12.39bn	15.7%	7.2%
Macy's, Inc.	$22.78bn	0.3%	-2.4%
Dillard's, Inc.	$6.60bn	0.2%	-1.7%
Coupang, Inc.	$35.46bn	9.9%	17.1%

Compare with peers

Head to head: KSS vs VIPS EBAY vs VIPS M vs VIPS DDS vs VIPS

More: Broadline Retail stocks compared, Consumer Discretionary sector, rankings of US companies

Figures from Vipshop Holdings Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Vipshop Holdings Ltd.