NASDAQ · Consumer discretionary

JD.com, Inc. (JD)

JD.com, Inc. reported revenue of $187.2B in fiscal 2025, up 17.9% from a year earlier. Net income was $2.8B, a net margin of 1.5%. Operating cash flow minus capital spending left $1.6B of free cash flow in fiscal 2025. At December 31, 2025 it held $19.7B in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 16, 2026.

Watch JD in 60 seconds

Price

$26.61

+0.38% on the day · September 28, 2026

52-week range $24.51 to $36.86

Market cap

$35.8B

Revenue (FY2025)

$187.2B

+17.9% year on year

Net margin

1.5%

What JD.com, Inc. does

JD.com operates an online retail platform and direct delivery logistics network in China. It sells consumer electronics, home appliances, apparel, and general merchandise directly to consumers and also hosts third party sellers. The company is known for its nationwide warehousing infrastructure and in-house fulfillment network providing fast home delivery. Its shares trade on NASDAQ under the ticker JD.

Revenue and profit by year

Revenue

Net income

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal year	Revenue	Operating income	Net income	Diluted EPS	Free cash flow
2025	$187.2B	$397M	$2.8B	$0.92	$1.6B
2024	$158.8B	$5.3B	$5.7B	$1.84	$7.2B
2023	$152.8B	$3.7B	$3.4B	$1.07	$7.8B
2022	$151.7B	$2.9B	$1.5B	$0.47	$7.6B
2021	$149.3B	$650M	-$559M	-$0.18	$5.8B
2020	$114.3B	$1.9B	$7.6B	$2.43	n/a

Full financial statements: income, balance sheet and cash flow

Where JD ranks in Consumer discretionary

Revenue$187.2B

#4 of 1065 in Consumer discretionary · Top 1%

Revenue growth+17.9%

#165 of 950 in Consumer discretionary · Top 17%

Net margin1.5%

#554 of 966 in Consumer discretionary · Bottom 43%

Free cash flow margin0.9%

#587 of 850 in Consumer discretionary · Bottom 31%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Consumer discretionary

Dividends

It paid out $1.5B in cash dividends, 53% of its net income.

Fiscal year	Per share	Paid out	Of profit
2025	n/a	$1.5B	53%
2024	n/a	$1.1B	20%
2023	n/a	$949M	28%
2022	n/a	$1.9B	126%

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What JD.com, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.

August 13, 2026
Foreign issuer update 6-K
July 31, 2026
Foreign issuer update 6-K
July 28, 2026
Passive stake (5% or more) SCHEDULE 13G
June 5, 2026
Foreign issuer update 6-K
May 18, 2026
Foreign issuer update 6-K
May 12, 2026
Foreign issuer update 6-K
April 28, 2026
Foreign issuer update 6-K
April 16, 2026
Foreign issuer update 6-K
April 16, 2026
Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue rose 18% to $187.2B versus the prior year; diluted EPS $0.92 versus $1.84.
April 10, 2026
Foreign issuer update 6-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on September 23, 2026. Insider transactions on SEC

Insider trades

What the people running JD.com, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider bought or sold shares on the open market in the last 90 days. The 7 reported changes were pay in shares, option exercises, shares withheld for tax or gifts.

Bought (open market)

last 90 days

Sold

last 90 days

Date	Insider	What	Shares	Price	Value	Filing
September 23, 2026	Li Carol Yun YauDirector	Exercised options	9,329	-	-	Form 4
August 14, 2026	Ding KunDirector	Exercised options	6,950	-	-	Form 4
August 14, 2026	Yu Jennifer Ngar-WingDirector	Exercised options	6,950	-	-	Form 4
July 2, 2026	Xu RanChief Executive Officer, Director	Shares withheld for tax	1,148	$26.46	$30.4K	Form 4
July 2, 2026	Shan SuChief Financial Officer	Shares withheld for tax	574	$26.46	$15.2K	Form 4
July 1, 2026	Xu RanChief Executive Officer, Director	Exercised options	2,500	-	-	Form 4
July 1, 2026	Shan SuChief Financial Officer	Exercised options	1,250	-	-	Form 4
June 8, 2026	Scheufele CarolineDirector	Exercised options	7,631	-	-	Form 4
May 22, 2026	Xu DingboDirector	Exercised options	7,467	-	-	Form 4
May 22, 2026	Hsieh LouisDirector	Exercised options	7,467	-	-	Form 4
May 15, 2026	Liu QiangdongDirector	Exercised options	1,000,000	-	-	Form 4
April 2, 2026	Zhang PangChief Human Resources Officer	Shares withheld for tax	12,800	$28.44	$364K	Form 4
April 2, 2026	Xu RanChief Executive Officer, Director	Shares withheld for tax	20,000	$28.44	$568.8K	Form 4
April 2, 2026	Shan SuChief Financial Officer	Shares withheld for tax	4,600	$28.44	$130.8K	Form 4
April 1, 2026	Zhang PangChief Human Resources Officer	Exercised options	28,861	-	-	Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns JD

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Holder	Of class	Shares	Filed
Richard Qiangdong Liu13G, passive with 2 related filers	12.5%	362,313,258	May 13, 2025

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

10 insiders reported holding 1,565,493 shares in total, about $41.7M at the last price.

Holder	Shares	As of
Liu QiangdongDirector	1,000,000	May 15, 2026
Xu RanChief Executive Officer, Director	228,896	July 2, 2026
Zhang PangChief Human Resources Officer	122,693	April 2, 2026
Hsieh LouisDirector	56,564	May 22, 2026
Shan SuChief Financial Officer	40,916	July 2, 2026
Xu DingboDirector	37,945	May 22, 2026
Scheufele CarolineDirector	28,850	June 8, 2026
Li Carol Yun YauDirector	27,413	September 23, 2026
Ding KunDirector	11,108	August 14, 2026
Yu Jennifer Ngar-WingDirector	11,108	August 14, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about JD

What does JD.com, Inc. do?

Is JD.com, Inc. profitable?

Yes. In fiscal 2025 it reported net income of $2.8B on revenue of $187.2B, a net margin of 1.5%.

How much revenue does JD.com, Inc. make?

In fiscal 2025 JD.com, Inc. reported revenue of $187.2B. That is 17.9% more than a year earlier.

When did JD.com, Inc. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 16, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the insider trade from September 23, 2026.

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Where the numbers come from

Financial figures are the values JD.com, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.