JD.com/$JD

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About JD.com

JD.com is the third-largest Chinese e-commerce platform by GMV in 2024. it offers a wide selection of authentic products with speedy and reliable delivery. The company has built its own nationwide fulfilment infrastructure and last-mile delivery network, staffed by its own employees, which supports both its online direct sales, its online marketplace and omnichannel businesses.

Ticker

$JD
Primary listing

Employees

900,000
Headquarters
Website

JD.com Metrics

BasicAdvanced
$50B
9.74
$3.59
0.47
$0.98
2.80%

What the Analysts think about JD.com

Analyst ratings (Buy, Hold, Sell) for JD.com stock.

Bulls say / Bears say

JD.com beat analysts’ Q2 2025 revenue forecasts with net revenues of RMB356.66 billion, up 22.4% year-on-year, driven by solid consumer spending on its platform (Reuters).
In Q1 2025, JD.com posted a 16% year-on-year revenue increase to RMB301.1 billion and reported adjusted net income of RMB12.8 billion, both above expectations, as robust consumer demand and supply chain and user experience improvements boosted results (Barron's).
JD.com’s subsidiary JingDong Industrials, focused on industrial supply chain technology, increased H1 2025 revenues by 18.9% to RMB10.3 billion and is pursuing a $500 million Hong Kong IPO, highlighting the company’s ability to monetize ecosystem assets (Reuters).
Net income attributable to JD.com’s ordinary shareholders dropped 50.8% year-on-year to RMB6.2 billion in Q2 2025, down from RMB12.6 billion, as higher marketing spending and strategic investments hurt profitability (Reuters).
JD.com’s push into instant delivery drove its adjusted operating margin down from 4% to just 0.3% year-on-year, showing that heavy subsidies and execution costs in this new segment are sharply eroding margins (Reuters).
Intense price competition in China’s 'instant retail' market caused JD.com and its rivals to burn through more than $4 billion in cash on discounts and subsidies in Q2 2025, adding further pressure to margins in the short and medium term (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 1 Oct 2025.

JD.com Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

JD.com Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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