JDNasdaqRetail-Retail Stores, NECFiscal year ends December 31Also trades as JDCMF
JD.com, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 16, 2026
$26.78−0.23 (-0.85%)
Close on Oct 19, 2026
JD.com, Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JD Retail | CN¥1.13T | CN¥1.02T | CN¥945.34B | CN¥929.93B | CN¥866.30B | CN¥693.97B | CN¥545.28B | CN¥447.50B | CN¥356.02B | CN¥254.40B | 86.0% | +10.9% |
| JD Logistics | CN¥80.31B | CN¥55.06B | CN¥50.06B | CN¥48.26B | CN¥104.69B | CN¥73.38B | CN¥49.85B | – | – | – | 6.1% | +45.9% |
| New Businesses | CN¥49.28B | CN¥19.16B | CN¥26.62B | CN¥29.81B | CN¥26.06B | CN¥17.60B | CN¥11.74B | CN¥14.67B | CN¥6.02B | CN¥3.30B | 3.8% | +157.3% |
| JD Mall | – | – | – | – | – | – | – | – | CN¥356.02B | CN¥254.40B | – | – |
| Dada [Member] | – | – | CN¥10.51B | CN¥8.03B | – | – | – | – | – | – | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| JD Retail | CN¥51.40B | CN¥41.08B | CN¥35.93B | CN¥34.85B | CN¥26.61B | CN¥20.61B | CN¥14.99B | CN¥7.05B | CN¥4.96B | CN¥2.27B | +25.1% |
| JD Logistics | CN¥5.27B | CN¥6.32B | CN¥1.01B | CN¥528.00M | -CN¥1.83B | CN¥1.10B | -CN¥508.00M | – | – | – | -16.6% |
| New Businesses | -CN¥46.64B | -CN¥2.87B | -CN¥329.00M | -CN¥6.42B | -CN¥10.60B | -CN¥4.72B | -CN¥1.73B | -CN¥5.14B | -CN¥2.07B | -CN¥670.43M | +1528.0% |
| JD Mall | – | – | – | – | – | – | – | – | CN¥4.96B | CN¥2.27B | – |
| Dada [Member] | – | – | -CN¥488.00M | -CN¥1.12B | – | – | – | – | – | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Products | CN¥1.02T | CN¥928.01B | CN¥871.22B | CN¥865.06B | CN¥815.66B | CN¥651.88B | CN¥510.73B | CN¥416.11B | CN¥331.82B | CN¥237.94B | 78.2% | +10.3% |
| Electronics and home appliance products | CN¥605.13B | CN¥564.98B | CN¥538.80B | CN¥515.95B | CN¥492.59B | CN¥400.93B | CN¥328.70B | CN¥280.06B | CN¥236.27B | CN¥179.82B | 46.2% | +7.1% |
| General merchandise products | CN¥418.67B | CN¥363.03B | CN¥332.43B | CN¥349.12B | CN¥323.06B | CN¥250.95B | CN¥182.03B | CN¥136.05B | CN¥95.56B | CN¥58.12B | 32.0% | +15.3% |
| Service | CN¥285.28B | CN¥230.81B | CN¥213.44B | CN¥181.17B | CN¥135.94B | CN¥93.92B | CN¥66.15B | CN¥45.91B | CN¥30.51B | CN¥20.35B | 21.8% | +23.6% |
| Logistics and other services | CN¥178.15B | CN¥140.70B | CN¥128.71B | CN¥99.20B | CN¥63.82B | CN¥40.45B | CN¥23.47B | CN¥12.38B | CN¥5.12B | – | 13.6% | +26.6% |
| Online marketplace and marketing services | CN¥107.13B | CN¥90.11B | CN¥84.73B | CN¥81.97B | CN¥72.12B | CN¥53.47B | CN¥42.68B | CN¥33.53B | CN¥25.39B | – | 8.2% | +18.9% |
By region
From the segment and revenue-disaggregation notes of JD.com's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.