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Vipshop Holdings (VIPS) Cost of Revenue: 2010-2024

Historic Cost of Revenue for Vipshop Holdings (VIPS) over the last 15 years, with FY2024 value amounting to $11.4 billion.

  • Vipshop Holdings' Cost of Revenue rose 542.12% to $2.3 billion in Q3 2025 from the same period last year, while for Sep 2025 it was $10.6 billion, marking a year-over-year decrease of 929.76%. This contributed to the annual value of $11.4 billion for FY2024, which is 783.11% down from last year.
  • Vipshop Holdings' Cost of Revenue amounted to $11.4 billion in FY2024, which was down 783.11% from $12.3 billion recorded in FY2023.
  • Over the past 5 years, Vipshop Holdings' Cost of Revenue peaked at $14.6 billion during FY2021, and registered a low of $11.4 billion during FY2024.
  • Moreover, its 5-year median value for Cost of Revenue was $12.1 billion (2022), whereas its average is $12.4 billion.
  • Per our database at Business Quant, Vipshop Holdings' Cost of Revenue skyrocketed by 2468.11% in 2021 and then plummeted by 1662.83% in 2022.
  • Annual analysis of 5 years shows Vipshop Holdings' Cost of Revenue stood at $11.7 billion in 2020, then increased by 24.68% to $14.6 billion in 2021, then decreased by 16.63% to $12.1 billion in 2022, then rose by 1.53% to $12.3 billion in 2023, then decreased by 7.83% to $11.4 billion in 2024.
  • Its Cost of Revenue was $11.4 billion in FY2024, compared to $12.3 billion in FY2023 and $12.1 billion in FY2022.