JD.com, Inc. income statement & cash flow
In the fiscal year ended Dec 31, 2025, JD.com, Inc. reported net income of $3.31B on revenue of $187.20B. Operating cash flow was $2.72B.
Income statement and cash flow summary
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $37.47B | $55.69B | $67.20B | $82.86B | $114.30B | $149.33B | $151.69B | $152.77B | $158.76B | $187.20B |
| Operating income | −$308.93M | −$128.41M | −$380.94M | $1.29B | $1.89B | $650.00M | $2.86B | $3.67B | $5.31B | $397.00M |
| Net income | −$548.29M | −$1.80M | −$407.32M | $1.71B | $7.56B | −$701.00M | $1.41B | $3.27B | $6.12B | $3.31B |
| Diluted EPS | −$0.20 | −$0.01 | −$0.13 | $0.59 | $2.43 | −$0.18 | $0.47 | $1.07 | $1.84 | $0.92 |
| Operating cash flow | $1.26B | $3.81B | $3.04B | $3.56B | $6.52B | $6.64B | $8.38B | $8.38B | $7.96B | $2.72B |
| Capital expenditures | — | — | — | — | — | $873.00M | $797.00M | $567.00M | — | — |
| Reported in | 20-F 2017 | 20-F 2018 | 20-F 2019 | 20-F 2020 | 20-F 2021 | 20-F 2022 | 20-F 2023 | 20-F 2024 | 20-F 2025 | 20-F 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Dec 2025 | — | 0.2% | 1.8% |
| Dec 2024 | — | 3.3% | 3.9% |
| Dec 2023 | — | 2.4% | 2.1% |
| Dec 2022 | — | 1.9% | 0.9% |
| Dec 2021 | — | 0.4% | -0.5% |
Source: SEC EDGAR XBRL company facts for CIK 1549802 (raw data). Most recent filing in this dataset: 20-F filed Apr 16, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.