Growth Metrics

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

Historic Operating Margin for Vipshop Holdings (VIPS) over the last 15 years, with Q3 2025 value amounting to 5.91%.

  • Vipshop Holdings' Operating Margin fell 5300.0% to 5.91% in Q3 2025 from the same period last year, while for Sep 2025 it was 7.57%, marking a year-over-year decrease of 15200.0%. This contributed to the annual value of 8.46% for FY2024, which is 3900.0% up from last year.
  • Vipshop Holdings' Operating Margin amounted to 5.91% in Q3 2025, which was down 5300.0% from 6.58% recorded in Q2 2025.
  • Vipshop Holdings' 5-year Operating Margin high stood at 10.58% for Q4 2023, and its period low was 3.09% during Q3 2021.
  • In the last 5 years, Vipshop Holdings' Operating Margin had a median value of 6.58% in 2025 and averaged 6.74%.
  • In the last 5 years, Vipshop Holdings' Operating Margin crashed by -22900bps in 2021 and then soared by 27700bps in 2024.
  • Quarter analysis of 5 years shows Vipshop Holdings' Operating Margin stood at 5.36% in 2021, then surged by 47bps to 7.9% in 2022, then skyrocketed by 34bps to 10.58% in 2023, then decreased by -19bps to 8.58% in 2024, then tumbled by -31bps to 5.91% in 2025.
  • Its last three reported values are 5.91% in Q3 2025, 6.58% for Q2 2025, and 8.67% during Q1 2025.