Company research / JD

JD.com, Inc. (JD)

Also trades as JDCMF. Every security a company lists rests on one set of financial statements, so these figures cover the whole company.

CIK 0001549802 · Nasdaq · Retail-Retail Stores, NEC

  • Sector Retail Trade
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, JD.com, Inc. reported revenue of 1.31T CNY. Revenue grew 13.0% from the prior annual period.

Key ratios (year ended 2025-12-31)

16.0%
Gross margin (computed)
0.2%
Operating margin
1.8%
Net margin
10.3%
Return on year-end equity
13.0%
Revenue growth (YoY)

Computed by TickerFacts from revenue minus cost of revenue. This may differ from the issuer's reported gross profit or margin; check the revenue and cost definitions.

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Latest selected filing: Form 4 (ownership change) · 2026-09-23

Headquarters locality: Beijing · View on map

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

Period ended2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue1.31T CNY1.16T CNY1.08T CNY1.05T CNY951.59B CNY745.80B CNY576.89B CNY462.02B CNY362.33B CNY258.29B CNY
Cost of Revenue1.10T CNY974.95B CNY924.96B CNY899.16B CNY822.53B CNY636.69B CNY492.47B CNY396.07B CNY311.52B CNY222.93B CNY
Gross Profit (computed)210.03B CNY183.87B CNY159.70B CNY147.07B CNY129.07B CNY109.11B CNY84.42B CNY65.95B CNY50.81B CNY35.36B CNY
R&D Expense22.23B CNY17.03B CNY16.39B CNY16.89B CNY16.33B CNY16.15B CNY14.62B CNY12.14B CNY6.65B CNYn/a
Operating Income2.77B CNY38.74B CNY26.02B CNY19.72B CNY4.14B CNY12.34B CNY8.99B CNY-2.62B CNY-835.48M CNY-1.25B CNY
Depreciation & Amortization9.75B CNY8.90B CNY8.29B CNY7.24B CNY6.23B CNY6.07B CNY5.83B CNY5.56B CNY4.19B CNY3.42B CNY
EBITDA12.52B CNY47.64B CNY34.32B CNY26.96B CNY10.37B CNY18.41B CNY14.82B CNY2.94B CNY3.36B CNY2.17B CNY
Net Income23.14B CNY44.66B CNY23.26B CNY9.69B CNY-4.47B CNY49.34B CNY11.89B CNY-2.80B CNY-11.72M CNY-3.41B CNY
EPS (Diluted)6.45 CNY13.43 CNY7.61 CNY3.21 CNY-1.15 CNY15.84 CNY4.11 CNY-0.87 CNY-0.05 CNY-1.36 CNY
Total Assets695.20B CNY698.23B CNY628.96B CNY595.25B CNY496.51B CNY422.29B CNY259.72B CNY209.16B CNY184.05B CNY160.37B CNY
Total Liabilities401.42B CNY384.94B CNY332.58B CNY321.13B CNY249.72B CNY200.67B CNY159.10B CNY132.34B CNY131.67B CNY119.15B CNY
Long-Term Debt41.67B CNY31.70B CNYn/an/a9.49B CNY12.97B CNYn/an/an/an/a
Shareholders' Equity225.04B CNY239.35B CNY231.86B CNY213.37B CNY208.91B CNY187.54B CNY81.86B CNY59.77B CNY52.04B CNY33.89B CNY
Cash & Equivalents137.49B CNY108.35B CNY71.89B CNY78.86B CNY70.77B CNY86.08B CNY36.97B CNY34.26B CNY25.69B CNY15.57B CNY
Operating Cash Flow18.99B CNY58.09B CNY59.52B CNY57.82B CNY42.30B CNY42.54B CNY24.78B CNY20.88B CNY26.86B CNY8.24B CNY
Capital Expenditures7.82B CNY5.35B CNY4.03B CNY5.50B CNYn/an/an/an/an/an/a
Free Cash Flow11.17B CNY52.74B CNY55.49B CNY52.31B CNYn/an/an/an/an/an/a
Share Repurchases21.43B CNY25.91B CNY2.50B CNY1.82B CNY5.25B CNY312.00M CNY131.00M CNY205.89M CNYn/a5.34B CNY
Dividends Paid10.38B CNY8.26B CNY6.74B CNY13.09B CNY0 CNY0 CNYn/an/an/an/a
Weighted Average Diluted Shares2.98B3.08B3.17B3.18B3.11B3.11B2.97B2.88B2.91B2.80B
EPS (Basic)6.89 CNY13.83 CNY7.69 CNY3.32 CNY-1.15 CNY16.35 CNY4.18 CNY-0.87 CNY-0.05 CNY-1.36 CNY

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