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

Vipshop Holdings' quarterly EBT Margin came in at 9.78% in Q4 2025, up 49.0% year-on-year from 6.56% in Q4 2024, and up 47.73% quarter-over-quarter from 6.62% in Q3 2025.

Vipshop Holdings has reported EBT Margin for 15 years, with the latest figure at 9.78% in Q4 2025.

  • For the quarter ending Q4 2025, EBT Margin rose 49.0% year-over-year to 9.78%; the trailing twelve-month figure through Dec 2025 stood at 8.42% (down 74.0% YoY), and the FY2025 full-year result was 8.42%, down 94.0% from the prior year.
  • EBT Margin for Q4 2025 stood at 9.78%, up from 6.62% in the prior quarter.
  • The five-year high for EBT Margin was 11.36% in Q4 2023, with the low at 3.28% in Q3 2021.
  • Average EBT Margin over 5 years is 7.4%, with a median of 7.25% recorded in 2025.
  • Year-over-year, EBT Margin slumped 226 bps in 2021 and jumped 311 bps in 2024.
  • Tracing VIPS's EBT Margin over 5 years: stood at 5.68% in 2021, then surged by 48 bps to 8.4% in 2022, then surged by 35 bps to 11.36% in 2023, then declined by 18 bps to 9.29% in 2024, then climbed by 5 bps to 9.78% in 2025.
  • The last three EBT Margin figures came in at 9.78% (Q4 2025), 6.62% (Q3 2025), and 7.16% (Q2 2025), per Business Quant data.

Historic Data

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DateValue
Mar 31, 2026 10.35%
Dec 31, 2025 9.78%
Sep 30, 2025 6.62%
Jun 30, 2025 7.16%
Mar 31, 2025 9.40%
Dec 31, 2024 9.29%
Sep 30, 2024 6.96%
Jun 30, 2024 8.99%
Mar 31, 2024 10.82%
Dec 31, 2023 11.36%
Sep 30, 2023 7.34%
Jun 30, 2023 7.59%
Mar 31, 2023 7.71%
Dec 31, 2022 8.40%
Sep 30, 2022 5.89%
Jun 30, 2022 5.59%
Mar 31, 2022 5.37%
Dec 31, 2021 5.68%
Sep 30, 2021 3.28%
Jun 30, 2021 5.21%
Mar 31, 2021 5.63%
Dec 31, 2020 7.61%
Sep 30, 2020 5.55%
Jun 30, 2020 5.42%
Mar 31, 2020 4.62%
Dec 31, 2019 6.38%
Sep 30, 2019 6.60%
Jun 30, 2019 4.53%
Mar 31, 2019 4.06%
Dec 31, 2018 3.86%
Sep 30, 2018 2.42%
Jun 30, 2018 2.27%
Mar 31, 2018 3.52%
Dec 31, 2017 3.68%
Sep 30, 2017 3.13%
Jun 30, 2017 3.72%
Mar 31, 2017 4.88%
Dec 31, 2016 5.19%
Sep 30, 2016 4.69%
Jun 30, 2016 5.16%
Mar 31, 2016 5.12%
Dec 31, 2015 5.69%
Sep 30, 2015 5.45%
Jun 30, 2015 5.16%
Mar 31, 2015 4.93%
Dec 31, 2014 5.11%
Sep 30, 2014 4.17%
Jun 30, 2014 4,219,490.31%
Mar 31, 2014 5,131,102.79%
Dec 31, 2013 0.00%
Sep 30, 2013 4,217,819.68%
Jun 30, 2013 3.25%
Mar 31, 2013 2.51%
Dec 31, 2012 0.00%
Sep 30, 2012 -933,682,319,699.43%
Jun 30, 2012 -4.27%
Mar 31, 2012 -8.48%
Dec 31, 2011 -60.38%
Sep 30, 2011 -33,407,348.48%
Jun 30, 2011 -48,068,017.30%
Mar 31, 2011 -23.24%