VIPSVipshop Holdings Limited

$12.88-27% 1Y

Is it growing?

Mixed

Neither accelerating nor breaking down: operating margin widening (+2.9 points), but revenue shrinking (−2% year on year).

1 good, 1 to watch, 1 neutral
Revenue trend−2% in a year

Trailing-twelve-month revenue vs a year earlier, from the company's own filings. Five-year pace: +1% a year.

Earnings trend−1% in a year

Trailing-twelve-month earnings per share against a year earlier. Growing faster than revenue, so margins or the share count are helping.

Margin direction+2.9 points operating

Trailing-twelve-month operating margin, 7.7% now against 4.8% a year earlier.

All from SEC EDGAR, as of Dec 31, 2025.

Where this answer is blind. These are trailing numbers from the filings, not forecasts: an acquisition or a one-off year can flatter them, so check the quarters.

Is VIPS growing?

Vipshop Holdings Limited has grown revenue 0.89% a year over three years and 0.78% a year over five, with earnings per share compounding at 13%.

+0.89%

Revenue growth, 3-year annual rate · Internet Retail median +11% · growing slowly · compounded from fiscal years as filed

Revenue growth, 5-year rate
+0.78%

Revenue growth, 5-year rate · +0.89% over three · growth has picked up over the last three years

Earnings per share, 3-year rate
+13%

Earnings per share, 3-year rate · revenue +0.89% · earnings outgrew revenue: margins or the share count worked for shareholders

Years of annual history on file
16

Years of annual history on file · FY2010 to FY2025, as filed

Details›
Revenue FY2021
$117.1B
Revenue FY2022
$103.2B
Revenue FY2023
$112.9B
Revenue FY2024
$108.4B
Revenue FY2025
$105.9B

Annual income statements as filed with the SEC.