Vipshop Holdings (VIPS) Tax Rate (2012 - 2026)
Vipshop Holdings' quarterly Tax Rate came in at 19.91% in Q4 2025, up 855.0% year-on-year from 2.08% in Q4 2024, and up 15.23% quarter-over-quarter from 23.48% in Q3 2025.
Vipshop Holdings has reported Tax Rate for 14 years, with the latest figure at 19.91% in Q4 2025.
- For the quarter ending Q4 2025, Tax Rate rose 855.0% year-over-year to 19.91%; the trailing twelve-month figure through Dec 2025 stood at 21.93% (up 318.0% YoY), and the FY2025 full-year result was 20.18%, down 264.0% from the prior year.
- Tax Rate for Q4 2025 stood at 19.91%, up from 23.48% in the prior quarter.
- The five-year high for Tax Rate was 17.07% in Q2 2023, with the low at 35.99% in Q3 2024.
- Average Tax Rate over 5 years is 23.46%, with a median of 22.29% recorded in 2022.
- Year-over-year, Tax Rate tumbled 1466 bps in 2022 and soared 1500 bps in 2023.
- Tracing VIPS's Tax Rate over 5 years: stood at 21.3% in 2021, then sank by 69 bps to 35.96% in 2022, then soared by 42 bps to 20.96% in 2023, then sank by 36 bps to 28.46% in 2024, then soared by 30 bps to 19.91% in 2025.
- The last three Tax Rate figures came in at 19.91% (Q4 2025), 23.48% (Q3 2025), and 23.88% (Q2 2025), per Business Quant data.
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -20.63 |
| Mar 31, 2026 | -20.63 |
| Dec 31, 2025 | -19.91 |
| Dec 31, 2025 | -19.91 |
| Sep 30, 2025 | -23.48 |
| Sep 30, 2025 | -23.48 |
| Jun 30, 2025 | -23.88 |
| Jun 30, 2025 | -23.88 |
| Mar 31, 2025 | -22.24 |
| Mar 31, 2025 | -22.24 |
| Dec 31, 2024 | -28.46 |
| Dec 31, 2024 | -28.46 |
| Sep 30, 2024 | -35.99 |
| Sep 30, 2024 | -35.99 |
| Jun 30, 2024 | -17.99 |
| Jun 30, 2024 | -17.99 |
| Mar 31, 2024 | -22.14 |
| Mar 31, 2024 | -22.14 |
| Dec 31, 2023 | -20.96 |
| Dec 31, 2023 | -20.96 |
| Sep 30, 2023 | -23.58 |
| Sep 30, 2023 | -23.58 |
| Jun 30, 2023 | -17.07 |
| Jun 30, 2023 | -17.07 |
| Mar 31, 2023 | -19.52 |
| Mar 31, 2023 | -19.52 |
| Dec 31, 2022 | -35.96 |
| Dec 31, 2022 | -35.96 |
| Sep 30, 2022 | -22.35 |
| Sep 30, 2022 | -22.35 |
| Jun 30, 2022 | -22.92 |
| Jun 30, 2022 | -22.92 |
| Mar 31, 2022 | -22.70 |
| Mar 31, 2022 | -22.70 |
| Dec 31, 2021 | -21.30 |
| Dec 31, 2021 | -21.30 |
| Sep 30, 2021 | -27.50 |
| Sep 30, 2021 | -27.50 |
| Jun 30, 2021 | -21.26 |
| Jun 30, 2021 | -21.26 |
| Mar 31, 2021 | -20.04 |
| Mar 31, 2021 | -20.04 |
| Dec 31, 2020 | -14.82 |
| Dec 31, 2020 | -14.82 |
| Sep 30, 2020 | -20.16 |
| Sep 30, 2020 | -20.16 |
| Jun 30, 2020 | -25.84 |
| Jun 30, 2020 | -25.84 |
| Mar 31, 2020 | -20.82 |
| Mar 31, 2020 | -20.82 |
| Dec 31, 2019 | -17.53 |
| Dec 31, 2019 | -17.53 |
| Sep 30, 2019 | 17.41 |
| Sep 30, 2019 | 17.41 |
| Jun 30, 2019 | 21.67 |
| Jun 30, 2019 | 21.67 |
| Mar 31, 2019 | 29.34 |
| Mar 31, 2019 | 29.34 |
| Dec 31, 2018 | 24.01 |
| Dec 31, 2018 | 24.01 |
| Sep 30, 2018 | 24.92 |
| Sep 30, 2018 | 24.92 |
| Jun 30, 2018 | 27.50 |
| Jun 30, 2018 | 27.50 |
| Mar 31, 2018 | 15.61 |
| Mar 31, 2018 | 15.61 |
| Dec 31, 2017 | 21.85 |
| Dec 31, 2017 | 21.85 |
| Sep 30, 2017 | 21.83 |
| Sep 30, 2017 | 21.83 |
| Jun 30, 2017 | 26.79 |
| Jun 30, 2017 | 26.79 |
| Mar 31, 2017 | 21.79 |
| Mar 31, 2017 | 21.79 |
| Dec 31, 2016 | -21.59 |
| Dec 31, 2016 | -21.59 |
| Sep 30, 2016 | 24.69 |
| Sep 30, 2016 | 24.69 |
| Jun 30, 2016 | 18.86 |
| Jun 30, 2016 | 18.86 |
| Mar 31, 2016 | 21.46 |
| Mar 31, 2016 | 21.46 |
| Dec 31, 2015 | 20.94 |
| Dec 31, 2015 | 20.94 |
| Sep 30, 2015 | 20.11 |
| Sep 30, 2015 | 20.11 |
| Jun 30, 2015 | 24.74 |
| Jun 30, 2015 | 24.74 |
| Mar 31, 2015 | 21.49 |
| Mar 31, 2015 | 21.49 |
| Dec 31, 2014 | -14.36 |
| Dec 31, 2014 | -14.36 |
| Sep 30, 2014 | -29.54 |
| Sep 30, 2014 | -29.54 |
| Jun 30, 2014 | 27.93 |
| Jun 30, 2014 | 27.93 |
| Mar 31, 2014 | 28.87 |
| Mar 31, 2014 | 28.87 |
| Dec 31, 2013 | -28.82 |
| Dec 31, 2013 | -28.82 |
| Sep 30, 2013 | -25.20 |
| Sep 30, 2013 | -25.20 |
| Jun 30, 2013 | -20.73 |
| Jun 30, 2013 | -20.73 |
| Mar 31, 2013 | -24.06 |
| Mar 31, 2013 | -24.06 |
| Dec 31, 2012 | -10.01 |
| Dec 31, 2012 | -10.01 |