JD.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

27.77 0.86 +3.20%
Market cap
$32.4B
P/E
16.6×
Fwd P/E
9.8×
Dividend yield
3.71%
F-score
5/9
Altman Z
2.61
Beneish M
−2.41
Dividend safety
48/100

JD.com, Inc. (JD) Net margin

Alert me on Net margin

JD.com, Inc.'s net margin over the twelve months to 30 June 2026 was 1.16%, down 0.3 percentage points from fiscal 2025 (1.50%). Over the past ten years it has ranged from −5.33% (fiscal 2015) to 6.62% (fiscal 2020); the current reading is higher than 64% of that period. That is above the Internet Retail industry median of 0.56% and below the Consumer Cyclical sector median of 2.02%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 1.50% (2.07)
FY2024 3.57% 1.34
FY2023 2.23% 1.24
FY2022 0.99% 1.36
FY2021 −0.37% (6.99)
FY2020 6.62% 4.51
FY2019 2.11% 2.65
FY2018 −0.54% (0.50)
FY2017 −0.04% 1.42
FY2016 −1.46% 3.87

Quarterly newest first

Period Net margin Change (points)
Jun 2026 2.06% 0.44
Mar 2026 1.62% 2.17
Dec 2025 −0.55% (2.31)
Sep 2025 1.76% 0.03
42 more quarters

Against its own ten years

Low −5.33% High 6.62%
Ten-year median 0.99%
Current reading's percentile 52

Net margin against peers

Company Net margin
EBAY eBay Inc. compare 16.9%
CART Maplebear Inc. compare 11.8%
DASH DoorDash, Inc. compare 6.23%
SE Sea Limited Sponsored ADR compare 5.94%
MELI MercadoLibre, Inc. compare 5.30%
CHWY Chewy compare 2.09%
JD JD.com, Inc. 1.16%
W Wayfair Inc. compare −2.49%
CPNG Coupang, Inc. compare −3.77%
Internet Retail industry median 0.56%
Consumer Cyclical sector median 2.02%
Market median 1.22%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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