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
DateValue
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