The table below shows Vipshop Holdings Ltd's income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$15.15B
$14.85B
$15.90B
$14.96B
$18.37B
$15.61B
Cost of revenue
$11.64B
$11.36B
$12.27B
$11.82B
$14.74B
$12.35B
Gross profit
$3.50B
$3.49B
$3.62B
$3.13B
$3.63B
$3.26B
R&D
-
-
-
-
-
-
SG&A
VIPS annual revenue (10-K history)
Vipshop Holdings Ltd reported annual revenue of $15.15B for fiscal year 2025. That is up 2.0% from $14.85B in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $8.15B (FY 2016) to $15.15B. Figures come from the company's audited annual reports as filed with the SEC.