JD.com generated $50.376B in revenue in Q4 2025, up 1.5% year-over-year, but reported a net loss of $388M as operating margins turned negative amid higher marketing, fulfillment, and technology investments tied to new initiatives.

JD.com posted $42B in revenue for Q3 2025 with $0.7B in net income. While operating income turned negative due to investment in new initiatives, JD Retail showed strong growth. EPS came in at $0.48 with non-GAAP EPS at $0.52.

JD.com generated $49.8 billion in revenue during Q2 2025, up 22% year-over-year, though net income declined by 8% as marketing and fulfillment expenses rose significantly.

JD.com delivered a solid Q1 2025 performance with $41.5B in revenue and $1.5B in net income, supported by strong user growth and supply chain enhancements.

JD.com delivered a solid performance in Q4 2024, with revenue reaching $47.5 billion, a 13.4% increase year-over-year. Operating income surged to $1.2 billion, reflecting improved profitability. Net income for the quarter grew by 190.8% to $1.4 billion, driven by operational efficiencies and strong market demand. The company also reported an increase in non-GAAP EPS, reflecting robust financial health.