Symbols

JD

JD·NASDAQ

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JD fundamentals

JD Q4 2025 Earnings

JD (JD) released its earnings on Mar 5, 2026: revenue was 50.27B (YoY +5.78%), beat estimates; EPS was 0.0828 (YoY -91.85%), beat estimates.

Revenue / YoY

50.27B

+5.78%

EPS / YoY

0.0828

-91.85%

Report date

Mar 5, 2026

JD Earnings Call Summary for Q4,2025

Key Takeaways

User Growth Acceleration: 700M+ annual active users, 30% YoY MAU growth, and 40% YoY shopping frequency driven by JD Food Delivery and Jingxi.
Core Retail Resilience: 11% YoY revenue growth with 4.6% operating margin, sustained by general merchandise (15% YoY) and advertising (18% YoY).
New Business Breakthroughs: JD Food Delivery loss down 20% QoQ, Joybuy launch in Europe, and Jingxi merchant growth 270%.
AI-Driven Efficiency: JoyAI token usage up 100x YoY, Jingyin user base targeting 100% in 2026, and LanZhu Tech warehouses expanding globally.
Shareholder Returns: $3B share buybacks (6.3% of shares), $1.4B dividends, and 2025 free cash flow $6B.

Earnings

EPS

Revenue

Revenue & Expenses

JD has released its 2025 Q4 earnings report, with revenue of 50.38B, reflecting a YoY change of 5.97%, and net profit of -175.46M, showing a YoY change of -111.79%. The Sankey diagram below clearly presents JD's revenue sources and cost distribution.

Key Indicators

JD (JD) key financial stats and ratios, covering profitability, financial health, and leverage.

Income Statement

JD (JD)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.

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Breakdown

Balance Sheet

JD (JD)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.

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Breakdown

Cash Flow

JD (JD)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.

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Breakdown