Vipshop Cash Flow Statement
NYSE: VIPSConsumer DiscretionaryCatalog/Specialty DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Vipshop free cash flow
In fiscal 2025, Vipshop generated $1.07 billion of operating cash flow and spent $284.0 million on capital expenditures. That left free cash flow of $782.0 million, a free-cash-flow margin of 5.2% of revenue. Free cash flow was down 10.9% from the prior year's $877.6 million.
Vipshop returned $963.3 million to shareholders: $256.7 million in dividends and $706.5 million in share repurchases, equal to 123% of free cash flow. Free cash flow covered dividend payments 3.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Vipshop cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.06B | 1.07B | 1.16B | 915.13M | 736.41M | 907.18M | 572.62M | 310.30M | 290.86M | 287.02M |
| Net Income growth (YoY) | -1.34% | -7.03% | +26.23% | +24.27% | -18.82% | +58.43% | +84.54% | +6.68% | +1.34% | +23.23% |
| Depreciation & Amortization | 218.28M | 194.33M | 183.01M | 178.52M | 172.14M | 148.67M | 119.28M | 112.03M | 110.79M | 88.00M |
| Stock-Based Compensation | 247.54M | 210.67M | 212.65M | 175.08M | 158.49M | 145.75M | 98.84M | 97.62M | 102.53M | 68.51M |
| Change in Working Capital | -339.31M | -233.28M | 518.40M | 293.48M | -122.47M | 469.23M | 631.61M | 323.19M | -209.27M | -191.95M |
| Operating Cash Flow | 1.07B | 1.25B | 2.03B | 1.53B | 1.06B | 1.81B | 1.77B | 835.68M | 150.82M | 407.81M |
| Capital Expenditures | -283.96M | -373.08M | -305.24M | -352.43M | -428.77M | -342.88M | -474.47M | -366.47M | -337.79M | -283.40M |
| Investing Cash Flow | -1.19B | -488.48M | -726.82M | 152.11M | -365.08M | -1.03B | -1.18B | -973.58M | -312.41M | -240.39M |
| Dividends Paid | -256.74M | — | — | — | — | — | — | — | — | — |
| Share Repurchases | -706.52M | -529.61M | -719.30M | -907.28M | -304.24M | — | — | — | — | -27.89M |
| Financing Cash Flow | -276.78M | -680.83M | -865.65M | -808.07M | -9.22M | -3.19M | -898.72M | 85.37M | 1.10B | -56.62M |
| Net Change in Cash | -404.88M | 90.03M | 449.86M | 860.08M | 684.17M | 780.39M | -333.13M | -26.69M | 939.46M | 113.09M |
| Free Cash Flow | 781.98M | 877.58M | 1.73B | 1.17B | 629.61M | 1.47B | 1.29B | 469.21M | -186.98M | 124.41M |
This table shows 10 annual periods of Vipshop's cash flow statement, from FY 2025 back to FY 2016, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow VIPS's reporting calendar. What is a cash flow statement?