Financials in USD. Standardized financial statements.
A compact view of how JD.com, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.31T | $1.16T | $1.08T | $1.05T | $951.59B | $745.80B | $576.89B | $462.02B | $362.33B | $260.12B |
| Revenue Growth? | +13.0% | +6.8% | +3.7% | +9.9% | +27.6% | +29.3% | +24.9% | +27.5% | +39.3% | 0.0% |
| Cost of Revenue? | $1.19T | $1.05T | $924.96B | $899.16B | $822.53B | $636.69B | $492.47B | $396.07B | $311.52B | $220.70B |
| Gross Profit? | $121.85B | $113.44B | $159.70B | $147.07B | $129.07B | $109.11B | $84.42B | $65.95B | $50.81B | $39.42B |
| Gross Margin? | +9.3% | +9.8% | +14.7% | +14.1% | +13.6% | +14.6% | +14.6% | +14.3% | +14.0% | +15.2% |
| Operating Expenses? | $119.08B | $74.71B | $133.68B | $127.35B | $124.92B | $96.77B | $75.43B | $68.55B | $51.65B | $41.57B |
| Operating Income? | $2.77B | $38.74B | $26.02B | $19.72B | $4.14B | $12.34B | $8.99B | -$2.62B | -$835.48M | -$2.14B |
| EBITDA? | $36.83B | $47.36B | $42.82B | $23.21B | $4.87B | $58.01B | $20.25B | $4.04B | $1.08B | $2.16B |
| Income Before Tax | $25.32B | $51.54B | $31.65B | $13.87B | -$2.58B | $50.82B | $13.69B | -$2.37B | $120.96M | -$1.88B |
| Income Tax Expense | $2.18B | $6.88B | $8.39B | $4.18B | $1.89B | $1.48B | $1.80B | $426.87M | $139.59M | $166.39M |
| Net Income? | $19.63B | $41.36B | $24.17B | $10.38B | -$3.56B | $49.41B | $12.18B | -$2.49B | $128.76M | -$2.00B |
| EPS? | $13.78 | $27.66 | $15.38 | $6.64 | $-2.30 | $32.70 | $8.36 | $-1.74 | $0.10 | $-2.40 |
| Diluted EPS? | $12.90 | $26.90 | $15.24 | $6.42 | $-2.30 | $31.78 | $8.22 | $-1.74 | $0.08 | $-2.40 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality