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Vipshop Holdings Ltd (VIPS) — Cost of Revenue

Annual figures by fiscal year, from SEC filings.

2018: $9.81B2019: $10.39B2020: $12.35B2021: $14.74B2022: $11.82B2023: $12.27B2024: $11.36B2025: $11.64B$11.64B
2018Cost of Revenue (USD)2025
Fiscal YearCost of RevenueChange YoY
2025$11.64B+2.5%
2024$11.36B-7.4%
2023$12.27B+3.8%
2022$11.82B-19.8%
2021$14.74B+19.4%
2020$12.35B+18.9%
2019$10.39B+5.9%
2018$9.81B—