Vipshop Holdings (VIPS) EBITDA Margin (2011 - 2026)

Vipshop Holdings' quarterly EBITDA Margin came in at 9.68% in Q4 2025, up 45.0% year-on-year from 6.68% in Q4 2024, and up 49.28% quarter-over-quarter from 6.48% in Q3 2025.

Vipshop Holdings has reported EBITDA Margin for 15 years, with the latest figure at 9.68% in Q4 2025.

  • For the quarter ending Q4 2025, EBITDA Margin rose 45.0% year-over-year to 9.68%; the trailing twelve-month figure through Dec 2025 stood at 8.33% (down 77.0% YoY), and the FY2025 full-year result was 2.05%, down 499.0% from the prior year.
  • EBITDA Margin for Q4 2025 stood at 9.68%, up from 6.48% in the prior quarter.
  • The five-year high for EBITDA Margin was 11.31% in Q4 2023, with the low at 3.26% in Q3 2021.
  • Average EBITDA Margin over 5 years is 7.36%, with a median of 7.2% recorded in 2025.
  • Year-over-year, EBITDA Margin slumped 226 bps in 2021 and surged 310 bps in 2024.
  • Tracing VIPS's EBITDA Margin over 5 years: stood at 5.67% in 2021, then jumped by 48 bps to 8.39% in 2022, then surged by 35 bps to 11.31% in 2023, then declined by 18 bps to 9.23% in 2024, then advanced by 5 bps to 9.68% in 2025.
  • The last three EBITDA Margin figures came in at 9.68% (Q4 2025), 6.48% (Q3 2025), and 7.07% (Q2 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 10.22%
Dec 31, 2025 9.68%
Sep 30, 2025 6.48%
Jun 30, 2025 7.07%
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 7.58%
Mar 31, 2023 7.69%
Dec 31, 2022 8.39%
Sep 30, 2022 5.84%
Jun 30, 2022 5.56%
Mar 31, 2022 5.35%
Dec 31, 2021 5.67%
Sep 30, 2021 3.26%
Jun 30, 2021 5.21%
Mar 31, 2021 5.61%
Dec 31, 2020 7.59%
Sep 30, 2020 5.52%
Jun 30, 2020 5.33%
Mar 31, 2020 4.42%
Dec 31, 2019 6.33%
Sep 30, 2019 6.45%
Jun 30, 2019 4.48%
Mar 31, 2019 4.22%
Dec 31, 2018 4.01%
Sep 30, 2018 2.10%
Jun 30, 2018 2.07%
Mar 31, 2018 3.37%
Dec 31, 2017 3.34%
Sep 30, 2017 3.00%
Jun 30, 2017 3.61%
Mar 31, 2017 4.72%
Dec 31, 2016 2.81%
Sep 30, 2016 4.52%
Jun 30, 2016 4.99%
Mar 31, 2016 4.94%
Dec 31, 2015 3.56%
Sep 30, 2015 5.18%
Jun 30, 2015 4.96%
Mar 31, 2015 4.67%
Dec 31, 2014 3.52%
Sep 30, 2014 2.97%
Jun 30, 2014 2,949,390.49%
Mar 31, 2014 4,340,044.52%
Dec 31, 2013 0.00%
Sep 30, 2013 3.16%
Jun 30, 2013 1.92%
Mar 31, 2013 1.79%
Dec 31, 2012 0.00%
Sep 30, 2012 -757,404.96%
Jun 30, 2012 -4.02%
Mar 31, 2012 -8.57%
Dec 31, 2011 -60.59%
Sep 30, 2011 0.00%
Jun 30, 2011 0.00%