Growth Metrics

Vipshop Holdings (VIPS) Operating Expenses: 2010-2024

Historic Operating Expenses for Vipshop Holdings (VIPS) over the last 15 years, with FY2024 value amounting to $2.4 billion.

  • Vipshop Holdings' Operating Expenses fell 548.39% 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 42.54%. This contributed to the annual value of $2.4 billion for FY2024, which is 433.12% down from last year.
  • Per Vipshop Holdings' latest filing, its Operating Expenses stood at $2.4 billion for FY2024, which was down 433.12% from $2.5 billion recorded in FY2023.
  • Over the past 5 years, Vipshop Holdings' Operating Expenses peaked at $2.9 billion during FY2021, and registered a low of $2.3 billion during FY2020.
  • In the last 5 years, Vipshop Holdings' Operating Expenses had a median value of $2.4 billion in 2022 and averaged $2.5 billion.
  • In the last 5 years, Vipshop Holdings' Operating Expenses surged by 2227.26% in 2021 and then crashed by 1593.62% in 2022.
  • Vipshop Holdings' Operating Expenses (Annual) stood at $2.3 billion in 2020, then increased by 22.27% to $2.9 billion in 2021, then decreased by 15.94% to $2.4 billion in 2022, then grew by 2.51% to $2.5 billion in 2023, then fell by 4.33% to $2.4 billion in 2024.
  • Its Operating Expenses stands at $2.4 billion for FY2024, versus $2.5 billion for FY2023 and $2.4 billion for FY2022.