JD.com
$102.90Change from previous close: −1.34%Absolute change: −$1.40
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 346,401 | 315,694 | 352,284 | 299,059 | 356,660 | 301,082 | 346,986 | 260,387 | 291,397 | 260,049 | 306,077 | 247,698 |
| Cost of revenue | 311,545 | 286,060 | 321,510 | 270,587 | 322,165 | 272,971 | 313,990 | 231,622 | 262,680 | 237,085 | 279,858 | 224,172 |
| Gross profit | 34,856 | 29,634 | 30,774 | 28,472 | 34,495 | 28,111 | 32,996 | 28,765 | 28,717 | 22,964 | 26,219 | 23,526 |
| Selling, general and administrative | 23,414 | 18,961 | 28,657 | 24,040 | 30,279 | 12,957 | 19,287 | 12,325 | 13,999 | 11,230 | 15,487 | 10,429 |
| Research and development | 7,299 | 6,866 | 6,663 | 5,646 | 5,299 | 4,621 | 4,384 | 4,396 | 4,217 | 4,034 | 4,341 | 3,794 |
| Operating income | 4,143 | 3,807 | -4,546 | -1,214 | -1,083 | 10,533 | 9,325 | 12,044 | 10,501 | 7,700 | 6,391 | 9,303 |
| EBIT | 4,143 | 3,807 | -4,546 | -1,214 | -1,083 | 10,533 | 9,325 | 12,044 | 10,501 | 7,700 | 6,391 | 9,303 |
| EBITDA | 4,417 | 6,470 | -1,195 | 1,041 | -761 | 12,823 | 12,389 | 14,042 | 12,435 | 9,917 | 9,540 | 11,095 |
| Interest expense | 708 | 686 | 830 | 730 | 643 | 600 | 926 | 681 | 688 | 601 | 927 | 710 |
| Pre-tax income | 10,659 | 7,090 | -1,351 | 6,633 | 6,699 | 13,342 | 11,614 | 15,243 | 15,616 | 9,065 | 3,306 | 10,802 |
| Income tax | 1,972 | 1,260 | -124 | 252 | -10.0 | 2,063 | 750 | 2,406 | 2,022 | 1,700 | 1,394 | 2,579 |
| Net income | 7,129 | 5,102 | -2,713 | 5,276 | 6,178 | 10,890 | 9,854 | 11,731 | 12,644 | 7,130 | 3,389 | 7,936 |
| Net income to common shareholders | 7,129 | 5,102 | -2,713 | 5,276 | 6,178 | 10,890 | 9,854 | 11,731 | 12,644 | 7,130 | 3,389 | 7,936 |
| Basic EPS | 5.30 | 3.72 | -1.93 | 3.72 | 4.35 | 7.52 | 6.79 | 8.05 | 8.39 | 4.56 | 2.15 | 5.04 |
| Diluted EPS | 5.02 | 3.54 | -1.97 | 3.38 | 4.14 | 7.18 | 6.47 | 7.72 | 8.18 | 4.54 | 2.14 | 5.00 |
| Average shares (basic) | 1,346 | 1,370 | 1,406 | 1,419 | 1,421 | 1,449 | 1,452 | 1,458 | 1,507 | 1,563 | 1,574 | 1,574 |
| Average shares (diluted) | 1,408 | 1,433 | 1,470 | 1,484 | 1,485 | 1,518 | 1,521 | 1,518 | 1,543 | 1,572 | 1,583 | 1,585 |
| Dividend per share | — | — | 6.99 | — | — | — | 7.30 | — | — | — | 5.39 | — |