stockrowJD.com, Inc.
JD Consumer Cyclical Internet Retail
JD.com, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $187.2 billion, up 17.9% from fiscal 2024.
- Revenue
- +2.54%
- EPS
- +27.9%
- Free cash flow
- +64.8%
- Total debt
- −12.8%
Quarter to June 2026, against a year earlier
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JD.com, Inc. (JD) Gross margin
JD.com, Inc.'s gross margin over the twelve months to 30 June 2026 was 16.6%, up 0.5 percentage points from fiscal 2025 (16.0%). Over the past ten years it has ranged from 13.4% (fiscal 2015) to 16.0% (fiscal 2025) — the current reading is the highest in ten years. That is below the Internet Retail industry median of 44.1% and below the Consumer Cyclical sector median of 35.1%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 16.0% | 0.17 |
| FY2024 | 15.9% | 1.15 |
| FY2023 | 14.7% | 0.66 |
| FY2022 | 14.1% | 0.50 |
| FY2021 | 13.6% | (1.07) |
| FY2020 | 14.6% | 0.00 |
| FY2019 | 14.6% | 0.35 |
| FY2018 | 14.3% | 0.26 |
| FY2017 | 14.0% | (1.14) |
| FY2016 | 15.2% | 1.77 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jun 2026 | 17.1% | 0.32 |
| Mar 2026 | 16.8% | 1.14 |
| Dec 2025 | 15.7% | (1.22) |
| Sep 2025 | 16.9% | 1.00 |
| 42 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| CART Maplebear Inc. compare | 72.6% |
| EBAY eBay Inc. compare | 72.2% |
| DASH DoorDash, Inc. compare | 51.9% |
| SE Sea Limited Sponsored ADR compare | 44.3% |
| MELI MercadoLibre, Inc. compare | 42.7% |
| W Wayfair Inc. compare | 30.1% |
| CHWY Chewy compare | 29.9% |
| CPNG Coupang, Inc. compare | 27.4% |
| JD JD.com, Inc. | 16.6% |
| Internet Retail industry median | 44.1% |
| Consumer Cyclical sector median | 35.1% |
| Market median | 46.4% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on JD
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement