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JD logoJD.com, Inc. (JD) Earnings History

Annual and quarterly earnings data from 2011 to 2024

TTM Net Income
$32.20B
Profitable
TTM EPS
$21.70
Diluted
YoY EPS Growth
+76.5%
Excellent
Net Margin
3.6%
Profitability
Operating Margin3.3%
Gross Margin9.8%
ROE13.6%
ROA6.2%
Highest Annual Net Income$49.41B (2020)
Highest Quarterly EPS$15.18 (Q4 2020)
Consecutive Profitable Years3 years
Q3 2025
Net Income$5.28B
EPS$3.38
QoQ Growth-14.6%Declining

Loading earnings history...

JD EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+76.5%
Excellent
3-Year
N/A
N/M
5-Year
+26.8%
Excellent
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

JD Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
20249.8%3.3%3.6%
202314.7%2.4%2.2%
202214.1%1.9%1.0%
202113.6%0.4%-0.4%
202014.6%1.7%6.6%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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JD.com, Inc. (JD) Earnings Overview

As of May 6, 2026, JD.com, Inc. (JD) reported trailing twelve-month net income of $32.20B, reflecting +76.5% year-over-year growth. The company earned $21.70 per diluted share over the past four quarters, with a net profit margin of 3.6%.

Looking at the long-term picture, JD's 5-year EPS compound annual growth rate (CAGR) stands at +26.8%, indicating exceptional earnings growth. The company achieved its highest annual net income of $49.41B in fiscal 2020.

JD.com, Inc. maintains positive profitability with a gross margin of 9.8%, operating margin of 3.3%, and net margin of 3.6%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including BABA ($123.35B net income, 13.1% margin), PDD ($102.27B net income, 28.5% margin), VIPS ($6.92B net income, 7.1% margin), JD has room to improve margins relative to the peer group. Compare JD vs BABA →

JD Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
JD logoJDCurrent
$32.2B$21.703.6%13.6%+76.5%—
BABA logoBABA
$123.4B$51.4813.1%11.8%+70.9%
PDD logoPDD
$102.3B$68.7128.5%44.9%+84.8%
VIPS logoVIPS
$6.9B$13.537.1%19.3%-0.5%
BZUN logoBZUN
-$204M$-3.53-2.0%-3.2%+34.0%
AMZN logoAMZN
$90.8B$8.3510.8%22.3%+29.7%
Best in group
Lowest in group

JD Historical Earnings Data (2011–2024)

14 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$41.36B+71.1%$38.74B$26.903.6%3.3%
2023$24.17B+132.8%$26.02B$15.242.2%2.4%
2022$10.38B+391.6%$19.72B$6.421.0%1.9%
2021-$3.56B-107.2%$4.14B$-2.30-0.4%0.4%
2020$49.41B+305.5%$12.34B$31.786.6%1.7%
2019$12.18B+589.0%$8.99B$8.222.1%1.6%
2018-$2.49B-2035.0%-$2.62B$-1.74-0.5%-0.6%
2017$129M+106.4%-$835M$0.080.0%-0.2%
2016-$2.00B+74.1%-$2.14B$-2.40-0.8%-0.8%
2015-$7.73B+40.3%-$6.46B$-5.66-4.3%-3.6%

Full JD Stock Analysis

Analyst consensus, bull case, AI-generated risk factors, and peer comparison — all in one place.

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See JD's True Return

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Is JD Undervalued?

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Compare JD vs AMZN

Side-by-side business, growth, and profitability comparison vs Amazon.com, Inc..

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JD — Frequently Asked Questions

Quick answers to the most common questions about buying JD stock.

Is JD growing earnings?

JD EPS is $21.70, with earnings growth accelerating to +76.5%. This exceeds the 5-year CAGR of +26.8%. TTM net income reached $32.2B.

What are JD's profit margins?

JD.com, Inc. net margin is +3.6%, with operating margin at +3.3%. Below-average margins reflect competitive or cost pressures.

How consistent are JD's earnings?

JD earnings data spans 2011-2024. The accelerating earnings trend is +76.5% YoY. Historical data enables comparison across business cycles.

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JD Earnings Over Time (2013–2024)

Net income and EPS trends