唯品会2025年第一季度净营收262.7亿元人民币，同比下降5%，预估263.3亿元。
一季度调整后每ADS收益4.43元，上年同期4.66元，预估4.32元。
一季度GMV为524亿元，活跃用户数4130万；超级VIP（SVIP）活跃用户数同比增长18%，贡献线上销售的51%。
公司预计第二季度净营收255亿元人民币至269亿元人民币，市场预估262.5亿元人民币。
报告期内，公司按计划稳步推进股票回购事项。
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