JD.com

9618 · HKEX · HKD

$102.00Change from previous close: −2.21%Absolute change: −$2.30

Close · October 2, 2026

At a glance

Revenue growth
+12.97%
2025 vs 2024
Net income growth
−52.54%
2025 vs 2024
Net margin
1.5%
2024: 3.6%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Income statement · Annual
Item20252024202320222021
Total revenue1,309,0851,158,8191,084,6621,046,236951,592
Cost of revenue1,187,2331,045,377989,516962,174881,581
Gross profit121,852113,44295,14684,06270,011
Selling, general and administrative95,93356,84149,84348,82550,305
Research and development22,22917,03116,39316,89316,332
Operating income3,69039,57028,91018,3443,374
EBIT3,69039,57028,91018,3443,374
EBITDA13,43748,47437,20225,5809,606
Interest expense2,8032,8962,8812,1061,213
Pre-tax income25,32351,53831,65013,867-2,580
Income tax2,1816,8788,3934,1761,887
Net income19,63141,35924,16710,380-3,560
Net income to common shareholders19,63141,35924,16710,380-3,560
Basic EPS13.7927.6715.376.64-2.29
Diluted EPS12.9026.8615.236.42-2.29
Average shares (basic)1,4241,4951,5721,5631,554
Average shares (diluted)1,4891,5381,5851,5901,554
Dividend per share6.997.305.394.28—