Vipshop Holdings (VIPS) Tax Rate (2012 - 2026)
Vipshop Holdings (VIPS) recorded quarterly Tax Rate of 20.63% in Q1 2026, down 3.62% quarter-over-quarter from 19.91% in Q4 2025, and up 161.0% on a YoY basis from 7.9% in Q1 2025.
Vipshop Holdings (VIPS) Tax Rate (2012 - 2026) Analysis & Trends
Vipshop Holdings' Tax Rate history runs 15 years deep, the most recent figure standing at 20.63% for Q1 2026.
- In Q1 2026, Tax Rate rose 161.0% year-over-year to 20.63%; the TTM figure through Mar 2026 stood at 21.45% (up 386.0% YoY), while the FY2025 annual figure was 20.18%, down 264.0% from the prior year.
- Tax Rate was 20.63% for Q1 2026 at Vipshop Holdings, down from 19.91% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 17.07% in Q2 2023 to a low of 35.99% in Q3 2024.
- Historically, Tax Rate has averaged 23.52% across 5 years, with a median of 22.35% in 2022.
- The sharpest annual moves came in 2022 and 2023: Tax Rate tumbled 1466 bps in 2022, then jumped 1500 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 35.96% in 2022, then surged by 42 bps to 20.96% in 2023, then slumped by 36 bps to 28.46% in 2024, then surged by 30 bps to 19.91% in 2025, then declined by 4 bps to 20.63% in 2026.
- The last three Tax Rate figures came in at 20.63% (Q1 2026), 19.91% (Q4 2025), and 23.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,551.03 Bn | 2,407.94 Bn | 171.21 Bn | 24.00% |
| 2 | Mercadolibre | 82.72 Bn | 77.07 Bn | 3.86 Bn | 27.98% |
| 3 | DoorDash | 72.09 Bn | 67.22 Bn | 2.04 Bn | 4.19% |
| 4 | PDD Holdings | 62.92 Bn | 38.25 Bn | 12.81 Bn | -30.47% |
| 5 | Ebay | 48.30 Bn | 44.44 Bn | 2.29 Bn | 17.15% |
| 6 | Coupang | 34.44 Bn | 34.35 Bn | 2.30 Bn | -4.31% |
| 7 | Zkh | 14.36 Bn | 14.36 Bn | 285.30 Mn | 5.40% |
| 8 | Wayfair | 10.72 Bn | 9.65 Bn | 880.00 Mn | -0.96% |
| 9 | Maplebear | 10.27 Bn | 9.58 Bn | 738.00 Mn | 23.40% |
| 10 | Vipshop Holdings | 225.75 Mn | -3.35 Bn | 941.60 Mn | -20.63% |
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% |