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Vipshop Holdings (VIPS) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Vipshop Holdings (VIPS) over the last 15 years, with Q3 2025 value amounting to -$554.2 million.

  • Vipshop Holdings' Operating Expenses fell 328.62% to -$554.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$2.4 billion, marking a year-over-year decrease of 253.04%. This contributed to the annual value of $2.4 billion for FY2024, which is 388.6% down from last year.
  • According to the latest figures from Q3 2025, Vipshop Holdings' Operating Expenses is -$554.2 million, which was down 328.62% from -$637.0 million recorded in Q2 2025.
  • Over the past 5 years, Vipshop Holdings' Operating Expenses peaked at -$514.2 million during Q3 2022, and registered a low of -$780.4 million during Q4 2021.
  • Moreover, its 5-year median value for Operating Expenses was -$615.1 million (2022), whereas its average is -$622.5 million.
  • Per our database at Business Quant, Vipshop Holdings' Operating Expenses tumbled by 5870.52% in 2021 and then skyrocketed by 2200.08% in 2022.
  • Vipshop Holdings' Operating Expenses (Quarter) stood at -$780.4 million in 2021, then grew by 13.64% to -$673.9 million in 2022, then decreased by 1.77% to -$685.8 million in 2023, then decreased by 1.19% to -$694.0 million in 2024, then grew by 20.14% to -$554.2 million in 2025.
  • Its last three reported values are -$554.2 million in Q3 2025, -$637.0 million for Q2 2025, and -$554.2 million during Q1 2025.