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Vipshop generated $3.6 billion in revenue and $208 million in net income during Q2 2025, supported by healthy performance in apparel and Super VIP member growth, despite a decline in active customers and total orders.
Vipshop delivered $3.6B in revenue and $267.7M in net income in Q1 2025, maintaining solid profitability despite a year-over-year revenue decline and fewer active customers.
Vipshop's Q4 2024 revenue declined year-over-year, reflecting challenges in the retail market. However, the company maintained strong profitability, with net income exceeding $335 million. Operating margin contracted slightly due to higher marketing and administrative expenses.