Vipshop Holdings Ltd (VIPS) EBIT Margin (2011 - 2026)

Vipshop Holdings (VIPS) posted quarterly EBIT Margin of 10.22% for Q1 2026, up 85.0% year-over-year from 5.53% in Q1 2025, and up 5.6% on a QoQ basis from 9.68% in Q4 2025.

Vipshop Holdings Ltd (VIPS) EBIT Margin (2011 - 2026) Analysis & Trends

Vipshop Holdings (VIPS) has reported EBIT Margin for 16 consecutive years, with 10.22% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBIT Margin rose 85.0% year-over-year to 10.22%; the TTM figure through Mar 2026 stood at 8.57% (down 18.0% YoY), while the FY2025 annual figure was 2.05%, down 641.0% from the prior year.
  • EBIT Margin came in at 10.22% for Q1 2026 at Vipshop Holdings, up from 9.68% in the prior quarter.
  • The five-year high for EBIT Margin was 11.31% in Q4 2023, with the low at 5.36% in Q1 2022.
  • Average EBIT Margin over 5 years is 8.07%, with a median of 7.66% recorded in 2023.
  • The largest YoY upside for EBIT Margin was 313 bps in 2024 against a maximum downside of 208 bps in 2024.
  • Year by year, EBIT Margin stood at 8.39% in 2022, then jumped by 35 bps to 11.31% in 2023, then retreated by 18 bps to 9.23% in 2024, then grew by 5 bps to 9.68% in 2025, then grew by 6 bps to 10.22% in 2026.
  • According to Business Quant data, EBIT Margin over the past three periods registered 10.22%, 9.68%, and 6.52% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 10.27%
Dec 31, 2025 9.68%
Sep 30, 2025 6.52%
Jun 30, 2025 7.13%
Mar 31, 2025 9.36%
Dec 31, 2024 9.23%
Sep 30, 2024 6.88%
Jun 30, 2024 8.94%
Mar 31, 2024 10.78%
Dec 31, 2023 11.31%
Sep 30, 2023 7.34%
Jun 30, 2023 7.33%
Mar 31, 2023 7.66%
Dec 31, 2022 8.39%
Sep 30, 2022 5.62%
Jun 30, 2022 5.48%
Mar 31, 2022 5.36%
Dec 31, 2021 5.67%
Sep 30, 2021 3.28%
Jun 30, 2021 5.21%