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
DateValue
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