Growth Metrics

Vipshop Holdings (VIPS) Research & Development (2016 - 2025)

Historic Research & Development for Vipshop Holdings (VIPS) over the last 15 years, with Q3 2025 value amounting to -$61.6 million.

  • Vipshop Holdings' Research & Development rose 481.02% to -$61.6 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$249.5 million, marking a year-over-year increase of 705.62%. This contributed to the annual value of $259.3 million for FY2024, which is 414.18% up from last year.
  • Latest data reveals that Vipshop Holdings reported Research & Development of -$61.6 million as of Q3 2025, which was up 481.02% from -$61.7 million recorded in Q2 2025.
  • Over the past 5 years, Vipshop Holdings' Research & Development peaked at -$51.5 million during Q1 2021, and registered a low of -$69.9 million during Q4 2023.
  • In the last 5 years, Vipshop Holdings' Research & Development had a median value of -$61.6 million in 2022 and averaged -$61.5 million.
  • Per our database at Business Quant, Vipshop Holdings' Research & Development tumbled by 6653.41% in 2021 and then soared by 1479.47% in 2022.
  • Vipshop Holdings' Research & Development (Quarter) stood at -$69.5 million in 2021, then increased by 14.79% to -$59.2 million in 2022, then dropped by 18.05% to -$69.9 million in 2023, then rose by 8.06% to -$64.3 million in 2024, then grew by 4.17% to -$61.6 million in 2025.
  • Its Research & Development stands at -$61.6 million for Q3 2025, versus -$61.7 million for Q2 2025 and -$61.9 million for Q1 2025.