JD.com revenue and financials

JD · NASDAQ · USD

$26.36+2.25%+$0.58

Close · October 5, 2026

In the fiscal year ended December 2025, JD.com reported revenue of ¥187.2B (+17.91% year over year). Net income was ¥23.14B, a net margin of 12.4%.

Annual revenue · 2025: ¥187.2B

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

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

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	695,201	95,658	88,586	86,303	77,912	422,288	259,724	30,422	28,289	160,374
Current assets	374,421	386,698	43,354	351,074	299,672	234,801	19,980	104,856	17,680	106,932
Cash and equivalents	137,488	14,844	71,892	78,861	70,767	86,085	36,971	4,983	25,688	15,567
Short-term investments	75,744	125,645	118,254	141,095	114,564	—	—	—	—	—
Receivables	30,951	31,680	24,127	28,849	19,217	—	—	—	—	—
Inventory	95,428	89,326	68,058	77,949	75,601	—	—	—	—	—
Net property, plant and equipment	128,980	113,433	100,818	88,508	58,748	—	—	—	—	—
Goodwill	26,291	3,522	19,980	23,123	1,951	10,904	6,644	966	6,651	6,527
Other intangible assets	44,601	44,626	46,498	42,987	20,165	—	—	—	—	—
Long-term investments	103,818	116,220	137,586	72,001	82,310	—	—	—	—	—
Current liabilities	43,768	41,034	37,415	38,648	34,779	174,017	20,112	17,579	18,175	104,740
Accounts payable	149,992	158,514	133,041	127,309	112,699	—	—	—	—	—
Long-term debt	41,675	31,705	41,966	30,233	9,487	12,972	—	3,088	—	—
Total debt	107,105	89,768	68,431	65,045	—	—	—	—	—	—
Total liabilities	57,402	52,736	332,578	46,558	39,187	200,669	159,099	19,248	131,666	119,154
Total equity (incl. minority)	293,783	313,297	296,380	274,123	246,784	—	—	—	—	—
Retained earnings	92,574	83,261	50,160	32,777	35,391	—	—	—	—	—
Minority interest	68,743	73,950	64,522	60,757	37,873	—	—	—	—	—