Vipshop Holdings (VIPS) Operating Leases (2019 - 2026)
Vipshop Holdings (VIPS) recorded quarterly Operating Leases of $81.8 million in Q1 2026, up 4.18% quarter-over-quarter from $78.5 million in Q4 2025, and little changed on a YoY basis from $81.5 million in Q1 2025.
Vipshop Holdings (VIPS) Operating Leases (2019 - 2026) Analysis & Trends
Vipshop Holdings' Operating Leases history runs 8 years deep, the most recent figure standing at $81.8 million for Q1 2026.
- In Q1 2026, Operating Leases changed 0.39% year-over-year to $81.8 million; the TTM figure through Mar 2026 stood at $81.8 million (changed 0.39% YoY), while the FY2025 annual figure was $79.6 million, down 1.8% from the prior year.
- Operating Leases was $81.8 million for Q1 2026 at Vipshop Holdings, up from $78.5 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $123.9 million in Q3 2022 to a low of $78.5 million in Q4 2025.
- Historically, Operating Leases has averaged $94.3 million across 5 years, with a median of $85.8 million in 2024.
- The sharpest annual moves came in 2022 and 2026: Operating Leases plunged 41.34% in 2022, then advanced 0.39% in 2026.
- A 5-year view of Operating Leases shows it stood at $117.1 million in 2022, then decreased by 18.26% to $95.7 million in 2023, then decreased by 13.91% to $82.4 million in 2024, then dropped by 4.72% to $78.5 million in 2025, then advanced by 4.18% to $81.8 million in 2026.
- The last three Operating Leases figures came in at $81.8 million (Q1 2026), $78.5 million (Q4 2025), and $82.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn |
| 10 | Vipshop Holdings | 225.75 Mn | -3.35 Bn | 941.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 81.81 Mn |
| Dec 31, 2025 | 78.53 Mn |
| Sep 30, 2025 | 82.14 Mn |
| Jun 30, 2025 | 82.94 Mn |
| Mar 31, 2025 | 81.50 Mn |
| Dec 31, 2024 | 82.42 Mn |
| Sep 30, 2024 | 85.84 Mn |
| Jun 30, 2024 | 83.56 Mn |
| Mar 31, 2024 | 85.63 Mn |
| Dec 31, 2023 | 95.73 Mn |
| Sep 30, 2023 | 98.02 Mn |
| Jun 30, 2023 | 99.96 Mn |
| Mar 31, 2023 | 109.06 Mn |
| Dec 31, 2022 | 117.11 Mn |
| Sep 30, 2022 | 123.88 Mn |
| Jun 30, 2022 | 102.56 Mn |
| Mar 31, 2022 | 111.94 Mn |
| Dec 31, 2021 | 149.03 Mn |
| Sep 30, 2021 | 160.58 Mn |
| Mar 31, 2021 | 190.82 Mn |