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Vipshop Holdings (VIPS) Cost of Revenue (2016 - 2025)

Historic Cost of Revenue for Vipshop Holdings (VIPS) over the last 15 years, with Q3 2025 value amounting to $2.3 billion.

  • Vipshop Holdings' Cost of Revenue rose 322.47% to $2.3 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $11.4 billion, marking a year-over-year decrease of 302.51%. This contributed to the annual value of $11.4 billion for FY2024, which is 740.23% down from last year.
  • As of Q3 2025, Vipshop Holdings' Cost of Revenue stood at $2.3 billion, which was up 322.47% from $2.8 billion recorded in Q2 2025.
  • Vipshop Holdings' 5-year Cost of Revenue high stood at $4.3 billion for Q4 2021, and its period low was $2.2 billion during Q3 2024.
  • In the last 5 years, Vipshop Holdings' Cost of Revenue had a median value of $3.0 billion in 2023 and averaged $3.1 billion.
  • Its Cost of Revenue has fluctuated over the past 5 years, first surged by 6239.65% in 2021, then tumbled by 2362.23% in 2022.
  • Over the past 5 years, Vipshop Holdings' Cost of Revenue (Quarter) stood at $4.3 billion in 2021, then fell by 16.24% to $3.6 billion in 2022, then grew by 3.34% to $3.7 billion in 2023, then fell by 5.84% to $3.5 billion in 2024, then plummeted by 34.06% to $2.3 billion in 2025.
  • Its last three reported values are $2.3 billion in Q3 2025, $2.8 billion for Q2 2025, and $2.8 billion during Q1 2025.