JD.com, Inc. (HKG:9618)

JD.com Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	1,323,697	1,309,085	1,158,819	1,084,662	1,046,236	951,592
Revenue Growth	10.32%	12.97%	6.84%	3.67%	9.95%	27.59%
Gross Profit Gross Profit Growth	123,375	121,852	113,442	95,146	84,062	70,011
Operating Income Operating Income Growth	-3,036	3,690	39,570	28,910	18,344	3,374
Net Income Net Income Growth	13,843	19,631	41,359	24,167	10,380	-3,560
Earnings Per Share EPS Growth	9.12	12.90	26.86	15.23	6.42	-2.29
EPS Growth	-69.15%	-51.97%	76.40%	137.18%	-	-

Revenue by Segment

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Electronics & Home Appliances Electronics & Home Appliances Growth	593,007	605,131	564,982	538,799	515,945	492,592
General Merchandise General Merchandise Growth	433,305	418,671	363,025	332,425	349,117	323,063
Marketplace & Marketing Marketplace & Marketing Growth	111,328	107,131	90,111	84,726	81,970	72,118
Logistics & Other Services Logistics & Other Services Growth	186,057	178,152	140,701	128,712	99,204	63,819
Revenue (Total) Revenue (Total) Growth	1,323,697	1,309,085	1,158,819	1,084,662	1,046,236	951,592

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	253,194	265,072	293,365	190,146	219,956	185,331
Total Debt Total Debt Growth	108,020	107,105	89,768	68,431	65,045	34,140
Net Cash (Debt) Net Cash Growth	145,174	157,967	203,597	121,715	154,911	151,191
Net Cash Growth	-18.66%	-22.41%	67.27%	-21.43%	2.46%	31.35%
Net Cash Per Share Net Cash Per Share Growth	98.91	106.09	132.38	76.78	97.40	97.31

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	37,808	18,991	58,095	59,521	57,819	42,301
Capital Expenditures CapEx Growth	-20,134	-17,394	-17,509	-20,502	-19,847	-16,033
Free Cash Flow Free Cash Flow Growth	17,674	1,597	40,586	39,019	37,972	26,268
Free Cash Flow Growth	-48.32%	-96.06%	4.02%	2.76%	44.56%	-16.94%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	9.32%	9.31%	9.79%	8.77%	8.04%	7.36%
Operating Margin	-0.23%	0.28%	3.42%	2.67%	1.75%	0.36%
Pretax Margin	1.44%	1.93%	4.45%	2.92%	1.33%	-0.27%
Profit Margin	1.05%	1.50%	3.57%	2.23%	0.99%	-0.37%
FCF Margin	1.33%	0.12%	3.50%	3.60%	3.63%	2.76%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 13, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022
Dividend Per Share Dividend Per Share Growth	3.918	6.994	7.299	5.389	4.276
Dividend Per Share Growth	0.79%	-4.17%	35.44%	26.02%	-
Dividend Yield	3.08%	7.23%	6.07%	5.77%	2.44%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug 13, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	21.50	14.51	8.87	13.34	58.39	-
P/FCF Ratio	16.84	178.37	9.04	8.26	15.96	26.03
PS Ratio	0.22	0.22	0.32	0.30	0.58	0.72

Data Sources: S&P Global Market Intelligence and Fiscal.ai Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company. Revenue segment data is provided by Fiscal.ai.

Update frequency:

Quarterly

Last checked:

Aug 13, 2026

Data Sources Report a data error