Vipshop Holdings Ltd (VIPS) Tax Rate (2011 - 2026)
Vipshop Holdings (VIPS) posted quarterly Tax Rate of 19.37% for Q1 2026, up 144.0% year-over-year from 7.94% in Q1 2025, and down 1.91% on a QoQ basis from 19.01% in Q4 2025.
Vipshop Holdings Ltd (VIPS) Tax Rate (2011 - 2026) Analysis & Trends
Vipshop Holdings (VIPS) has reported Tax Rate for 16 consecutive years, with 19.37% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 144.0% year-over-year to 19.37%; the TTM figure through Mar 2026 stood at 19.76% (up 356.0% YoY), while the FY2025 annual figure was 20.18%, down 300.0% from the prior year.
- Tax Rate came in at 19.37% for Q1 2026 at Vipshop Holdings, down from 19.01% in the prior quarter.
- The five-year high for Tax Rate was 7.53% in Q4 2023, with the low at 32.57% in Q3 2024.
- Average Tax Rate over 5 years is 19.16%, with a median of 19.81% recorded in 2025.
- Across the five-year window, Tax Rate jumped 3682 bps in 2023 and plunged 3250 bps in 2024, its largest moves.
- Year by year, Tax Rate stood at 29.28% in 2022, then jumped by 126 bps to 7.53% in 2023, then slumped by 432 bps to 24.97% in 2024, then climbed by 24 bps to 19.01% in 2025, then retreated by 2 bps to 19.37% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 19.37%, 19.01%, and 19.81% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -19.37 |
| Mar 31, 2026 | -19.37 |
| Dec 31, 2025 | -19.01 |
| Dec 31, 2025 | -19.01 |
| Sep 30, 2025 | -19.81 |
| Sep 30, 2025 | -19.81 |
| Jun 30, 2025 | -21.56 |
| Jun 30, 2025 | -21.56 |
| Mar 31, 2025 | -20.81 |
| Mar 31, 2025 | -20.81 |
| Dec 31, 2024 | -24.97 |
| Dec 31, 2024 | -24.97 |
| Sep 30, 2024 | -32.57 |
| Sep 30, 2024 | -32.57 |
| Jun 30, 2024 | -17.61 |
| Jun 30, 2024 | -17.61 |
| Mar 31, 2024 | -20.93 |
| Mar 31, 2024 | -20.93 |
| Dec 31, 2023 | 7.53 |
| Dec 31, 2023 | 7.53 |