JD.com has been growing earnings at an average annual rate of 8.3%, while the Multiline Retail industry saw earnings growing at 8.3% annually. Revenues have been growing at an average rate of 8.9% per year. JD.com's return on equity is 7.9%, and it has net margins of 1.5%.
Key information
8.35%
Earnings growth rate
9.59%
EPS growth rate
Multiline Retail Industry Growth
12.60%
Revenue growth rate
8.93%
Return on equity
7.88%
Net Margin
1.50%
Next Earnings Update
12 May 2026
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How JD.com makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
OTCPK:JDCM.F Revenue, expenses and earnings (CNY Millions)
Date
Revenue
Earnings
G+A Expenses
R&D Expenses
31 Dec 25
1,309,085
19,631
95,933
22,229
30 Sep 25
1,303,787
32,198
86,563
19,950
30 Jun 25
1,265,115
38,653
74,848
18,700
31 Mar 25
1,199,852
45,119
58,568
17,618
31 Dec 24
1,158,819
41,359
56,841
17,031
30 Sep 24
1,117,910
34,894
53,041
16,988
30 Jun 24
1,105,221
31,099
51,145
16,386
31 Mar 24
1,101,755
25,036
50,567
16,241
31 Dec 23
1,084,662
24,167
49,843
16,393
30 Sep 23
1,074,031
23,810
49,986
16,418
30 Jun 23
1,069,868
21,837
49,782
16,740
31 Mar 23
1,049,537
19,632
48,164
16,695
31 Dec 22
1,046,236
10,380
48,825
16,893
30 Sep 22
1,026,697
2,183
50,295
16,632
30 Jun 22
1,001,870
-6,587
50,890
16,520
31 Mar 22
988,071
-10,168
52,260
16,186
31 Dec 21
951,592
-3,560
50,305
16,332
30 Sep 21
900,013
25,930
45,606
16,731
30 Jun 21
855,519
36,297
41,844
16,833
31 Mar 21
802,773
51,949
36,897
16,744
31 Dec 20
745,802
49,405
33,565
16,149
30 Sep 20
692,158
28,714
30,861
15,237
30 Jun 20
652,786
21,766
29,592
14,715
31 Mar 20
602,013
5,938
28,343
14,837
31 Dec 19
576,888
12,184
27,724
14,619
30 Sep 19
541,037
3,745
25,775
14,530
30 Jun 19
510,962
6,134
28,506
14,393
31 Mar 19
482,973
3,303
25,090
13,448
31 Dec 18
462,020
-2,492
24,396
12,144
30 Sep 18
437,353
1,404
24,942
10,703
30 Jun 18
416,331
-582
23,764
9,011
31 Mar 18
387,241
1,343
22,336
7,776
31 Dec 17
362,332
117
19,133
6,652
30 Sep 17
331,578
-235
19,521
5,772
30 Jun 17
310,343
-2,693
19,651
6,034
31 Mar 17
279,538
-792
16,101
4,630
31 Dec 16
258,290
-2,000
15,384
4,453
30 Sep 16
233,475
-8,096
13,996
4,352
30 Jun 16
217,924
-9,319
14,037
4,415
31 Mar 16
198,605
-9,308
12,956
3,861
31 Dec 15
181,042
-7,732
10,563
2,902
30 Sep 15
161,400
-3,700
9,597
2,993
30 Jun 15
146,301
-1,839
8,499
2,620
Quality Earnings: JDCM.F has high quality earnings.
Growing Profit Margin: JDCM.F's current net profit margins (1.5%) are lower than last year (3.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: JDCM.F's earnings have grown by 8.3% per year over the past 5 years.
Accelerating Growth: JDCM.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: JDCM.F had negative earnings growth (-52.5%) over the past year, making it difficult to compare to the Multiline Retail industry average (-4%).
Return on Equity
High ROE: JDCM.F's Return on Equity (7.9%) is considered low.
Return on Assets
Return on Capital Employed
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Company Analysis and Financial Data Status
Data
Last Updated (UTC time)
Company Analysis
2026/05/10 14:53
End of Day Share Price
2026/05/07 00:00
Earnings
2025/12/31
Annual Earnings
2025/12/31
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
JD.com, Inc. is covered by 73 analysts. 41 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.