JD.com, Inc. (JD)JDJD.com, Inc.

Financials

Quarterly Income Statement (USD)

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Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	187.61B	45.48B	50.36B	42.00B	49.77B	41.48B	47.52B	37.09B	40.08B
Cost of Goods Sold	169.69B	37.88B	51.95B	38.00B	41.87B	34.89B	43.00B	33.00B	33.77B
Gross Profit	17.91B	7.60B	-1.59B	4.00B	7.90B	6.59B	4.52B	4.10B	6.32B
Gross Profit Margin	9.5%	16.7%	-3.2%	9.5%	15.9%	15.9%	9.5%	11.0%	15.8%
Total Operating Expenses	18.47B	7.05B	-751.83M	4.15B	8.02B	5.14B	3.36B	2.38B	4.87B
Research & Development	3.47B	983.89M	952.54M	792.87M	739.48M	636.59M	600.43M	626.25M	580.09M
Selling, General & Administrative	14.48B	2.75B	4.13B	3.38B	4.23B	1.76B	2.64B	1.76B	1.93B
Operating Income (EBIT)	-555.23M	548.41M	-836.17M	-147.59M	-119.87M	1.45B	1.16B	1.72B	1.44B
Operating Margin	-0.3%	1.2%	-1.7%	-0.4%	-0.2%	3.5%	2.4%	4.6%	3.6%
Income Before Tax (EBT)	2.69B	1.02B	-193.14M	931.47M	934.85M	1.84B	1.59B	2.17B	2.15B
Interest Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	409.72M	98.82M	118.66M	102.51M	89.73M	82.66M	126.82M	97.02M	94.64M
Other Income/Expense	3.25B	472.93M	643.03M	1.08B	1.05B	386.97M	427.73M	455.73M	703.62M
Net Income	1.95B	734.96M	-387.85M	740.91M	862.14M	1.50B	1.35B	1.67B	1.74B
Income Tax Expense	197.77M	181.51M	-17.73M	35.39M	-1.40M	284.20M	102.72M	342.76M	278.15M
Net Profit Margin	1.0%	1.6%	-0.8%	1.8%	1.7%	3.6%	2.8%	4.5%	4.3%
EBITDA	732.03M	932.03M	-542.68M	169.08M	173.60M	1.77B	1.58B	2.00B	1.71B
EBITDA Margin	0.4%	2.0%	-1.1%	0.4%	0.3%	4.3%	3.3%	5.4%	4.3%
Depreciation & Amortization	1.29B	383.61M	293.50M	316.67M	293.47M	315.47M	419.65M	284.64M	266.04M
EPS Basic	1.41	0.54	-0.26	0.52	0.61	1.04	0.93	1.15	1.16
EPS Diluted	1.31	0.51	-0.26	0.47	0.58	0.99	0.89	1.10	1.13
Shares Outstanding	1.37B	1.37B	1.42B	1.56B	1.42B	1.45B	1.53B	1.46B	1.51B
Diluted Shares Outstanding	1.43B	1.43B	1.49B	1.48B	1.49B	1.52B	1.52B	1.52B	1.54B

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	187.15B	158.71B	152.77B	151.61B	149.76B	114.26B	82.84B	67.18B
Cost of Goods Sold	169.73B	143.17B	130.28B	130.30B	129.45B	97.54B	70.72B	57.59B
Gross Profit	17.42B	15.54B	22.49B	21.31B	20.31B	16.72B	12.12B	9.59B
Gross Profit Margin	9.3%	9.8%	14.7%	14.1%	13.6%	14.6%	14.6%	14.3%
Total Operating Expenses	17.02B	10.23B	18.83B	18.45B	19.66B	14.82B	10.83B	9.97B
Research & Development	3.18B	2.33B	2.31B	2.45B	2.57B	2.47B	2.10B	1.77B
Selling, General & Administrative	13.71B	7.78B	7.02B	7.08B	7.92B	5.14B	3.98B	8.20B
Operating Income (EBIT)	396.57M	5.31B	3.67B	2.86B	651.71M	1.89B	1.29B	-380.82M
Operating Margin	0.2%	3.3%	2.4%	1.9%	0.4%	1.7%	1.6%	-0.6%
Income Before Tax (EBT)	3.62B	7.06B	4.46B	2.01B	-406.04M	7.79B	1.97B	-345.13M
Interest Income	N/A	1.28B	1.35B	832.07M	663.04M	421.81M	256.41M	307.95M
Interest Expense	400.72M	396.64M	405.79M	305.18M	190.97M	172.38M	104.11M	124.25M
Other Income/Expense	3.22B	1.75B	792.28M	-848.59M	-1.06B	5.89B	674.63M	35.69M
Net Income	2.81B	5.66B	3.40B	1.50B	-560.27M	7.57B	1.75B	-362.28M
Income Tax Expense	311.80M	942.01M	1.18B	605.14M	296.98M	227.04M	258.91M	62.07M
Net Profit Margin	1.5%	3.6%	2.2%	1.0%	-0.4%	6.6%	2.1%	-0.5%
EBITDA	1.64B	6.37B	4.83B	3.91B	1.63B	2.82B	2.13B	427.61M
EBITDA Margin	0.9%	4.0%	3.2%	2.6%	1.1%	2.5%	2.6%	0.6%
Depreciation & Amortization	1.24B	1.07B	1.17B	1.05B	980.79M	929.62M	836.90M	808.43M
EPS Basic	1.97	3.79	2.17	0.96	-0.36	5.01	1.20	-0.25
EPS Diluted	1.84	3.68	2.15	0.93	-0.36	4.87	1.18	-0.25
Shares Outstanding	1.42B	1.54B	1.57B	1.56B	1.55B	1.51B	1.46B	1.44B
Diluted Shares Outstanding	1.49B	1.54B	1.59B	1.59B	1.55B	1.55B	1.48B	1.44B

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.

About JD.com, Inc.

JD.com, Inc. is a prominent technology and service provider based in the People's Republic of China, distinguished by its robust, supply chain-centric operations. The company's retail segment offers a comprehensive array of products. This includes computing devices, communication equipment, and various consumer electronics, alongside a broad selection of home appliances. Beyond these, JD.com provides an extensive general merchandise category, covering everything from groceries (food, beverages, fresh produce) and daily essentials (baby and maternity items, furniture, household goods, personal care, cosmetics, pharmaceuticals, health products) to specialized goods (industrial products, books, automotive accessories, apparel, footwear, bags, and jewelry). Additionally, the firm extends a variety of services, such as hosting an online marketplace for external vendors, delivering marketing solutions, providing omni-channel retail strategies for both consumers and traditional brick-and-mortar stores, and offering online healthcare services. JD.com also plays a significant role in infrastructure, developing, owning, and managing its own logistics facilities and other real estate assets. These capabilities not only support its internal operations but also serve third parties through asset management services, an integrated service platform, and the leasing and management of storage facilities. Beyond consumer and retail services, the company offers integrated industry solutions encompassing data analytics, technology, business operations, and user management, all designed to facilitate the digital transformation of various enterprises and institutions. It also delivers advanced, technology-driven supply chain and logistics services. Incorporated in 2006, JD.com, Inc. is headquartered in Beijing, the People's Republic of China. The company was formerly known as 360buy Jingdong Inc. until it officially changed its name to JD.com, Inc. in January 2014.

Beijing, BE

776,682 employees

www.jd.com

Consumer Cyclical / Specialty Retail

Sector: Consumer Cyclical
Industry: Specialty Retail
CEO: Ran Xu

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