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J

JD.com Inc Adr JD · USD

Consumer Discretionary · US listing · 🇺🇸 United States

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28.38

-2.51%

Close of 9 Nov 2026, in USD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$194.34bn

FY2016FY2025

Net income

$2.91bn

FY2016FY2025

Free cash flow

$713.6m

FY2016FY2025

Shareholders' equity

$33.43bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$194.34bn$172.03bn$161.02bn$155.32bn$141.27bn$110.72bn$85.64bn$68.59bn$53.79bn$38.62bn
Gross profit$18.09bn$16.84bn$23.71bn$21.83bn$19.16bn$16.20bn$12.53bn$9.79bn$7.54bn$5.85bn
Research and development$3.30bn$2.53bn$2.43bn$2.51bn$2.42bn$2.40bn$2.17bn$1.80bn$987.6m$798.8m
Operating income$411.8m$5.75bn$3.86bn$2.93bn$614.7m$1.83bn$1.34bn−$388.8m−$124.0m−$318.4m
Net income$2.91bn$6.14bn$3.59bn$1.54bn−$528.5m$7.33bn$1.81bn−$369.9m$19.1m−$297.0m
Diluted earnings per share1.962.022.270.97-0.344.581.21-0.130.01-0.10

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$103.27bn$103.65bn$93.37bn$88.37bn$73.71bn$62.69bn$5.54bn$31.05bn$27.32bn$23.81bn
Cash and short-term investments$33.48bn$34.74bn$28.23bn$32.65bn$27.51bn$21.77bn$1.37bn$5.39bn$5.09bn$4.00bn
Total liabilities$59.63bn$57.14bn$49.37bn$47.67bn$37.07bn$29.79bn$3.39bn$19.65bn$19.55bn$17.69bn
Debt$12.38bn$10.64bn$8.13bn$7.43bn$3.03bn$3.16bn$1.57bn$2.14bn$3.53bn$3.01bn
Shareholders' equity$33.43bn$35.53bn$34.42bn$31.67bn$31.01bn$27.84bn$1.74bn$8.87bn$7.73bn$5.03bn
Shares outstanding1,489m3,041m1,583m1,589m1,555m1,602m1,490m2,895m2,849m2,834m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$2.82bn$8.62bn$8.84bn$8.58bn$6.28bn$6.32bn$3.68bn$3.10bn$3.68bn$1.30bn
Capital spending−$2.11bn−$2.05bn−$2.97bn−$3.26bn−$2.76bn−$1.14bn−$521.8m−$3.17bn−$1.69bn−$662.1m
Free cash flow$713.6m$6.57bn$5.86bn$5.32bn$3.52bn$5.18bn$3.16bn−$72.5m$2.00bn$639.4m
Dividends paid−$1.54bn−$1.23bn−$1.00bn−$1.94bn−$9.2m−$3.30bn−$16.6m−$1.46bn——

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$51.28bn$46.58bn$52.30bn$44.40bn$52.95bn$44.70bn$51.51bn$38.65bn
Gross profit$8.74bn$7.78bn−$1.65bn$4.23bn$8.41bn$7.10bn$4.90bn$4.27bn
Operating income$613.3m$1.15bn−$868.3m$984.7m$1.09bn$2.07bn$1.26bn$1.89bn
Net income$1.06bn$752.8m−$402.8m$783.2m$917.1m$1.62bn$1.46bn$1.74bn
Diluted earnings per share0.750.53-0.270.530.621.090.480.57
Cash from operations—$82.0m$3.10bn−$1.19bn$3.62bn−$2.71bn$3.69bn−$923.0m
Capital spending—−$751.0m—−$385.0m−$450.0m−$344.0m—−$795.0m
Free cash flow—−$669.0m—−$1.58bn$3.17bn−$3.06bn—−$1.72bn
Total assets$107.73bn$101.42bn$103.27bn$105.92bn$104.95bn$100.63bn$103.65bn$95.54bn
Cash and short-term investments$34.91bn$31.90bn$33.48bn$29.43bn$31.74bn$28.82bn$34.74bn$28.34bn
Debt$4.03bn$12.44bn$12.38bn$13.28bn$11.89bn$10.14bn$10.64bn$10.57bn
Shareholders' equity$32.54bn$32.02bn$33.43bn$34.43bn$33.72bn$34.79bn$35.53bn$33.94bn

Financial ratios

Data as of 20 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin9.3%9.8%14.7%14.1%13.6%14.6%
Operating margin0.2%3.3%2.4%1.9%0.4%1.7%
Net margin1.5%3.6%2.2%1.0%-0.4%6.6%
Return on equity8.7%17.3%10.4%4.9%-1.7%26.3%
Return on assets2.8%5.9%3.8%1.7%-0.7%11.7%
Free cash flow yield83.0%88.1%187.2%187.1%145.8%116.8%
Revenue growth13.0%6.8%3.7%9.9%27.6%29.3%
Earnings growth-52.5%71.1%132.8%-391.6%-107.2%305.5%
Current ratio1.22x1.29x1.16x1.32x1.35x1.35x
Debt to equity0.37x0.30x0.24x0.23x0.10x0.11x
Equity ratio32.4%34.3%36.9%35.8%42.1%44.4%
Interest coverage0.99x13.38x9.03x9.37x3.41x10.97x
R&D as a share of sales1.7%1.5%1.5%1.6%1.7%2.2%
Buybacks as a share of market value51.0%-92.1%0.4%-2.2%2.9%-7.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.8%11.9%21.9%
Operating income-48.0%-25.8%—
Net income23.7%-16.9%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin9.5%11.8%12.4%12.8%
Operating margin1.7%1.9%1.6%1.2%
Net margin2.5%2.1%2.2%1.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.717.212.857.9-206.219.229.0-163.8—-242.8
Price to sales0.20.60.30.60.81.30.60.92.21.9

Market value over time

31 Oct 2016 to 18 Sept 2026, in USD

$37.37bn$37.90bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return-21%32%-52%-16%-15%128%77%-53%65%-14%

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 9 Apr 2026.

FY2026
Paid in the year1.00

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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