JD.com, Inc. (JD) Revenue History
Annual and quarterly revenue from 2013 to 2024
Compound Annual Growth Rate (CAGR)
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JD Revenue Growth
Revenue Breakdown (FY 2024)
JD's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
JD Revenue Analysis (2013–2024)
As of May 6, 2026, JD.com, Inc. (JD) generated trailing twelve-month (TTM) revenue of $1.30 trillion, reflecting strong growth of +14.9% year-over-year. The most recent quarter (Q3 2025) recorded $299.06 billion in revenue, down 16.2% sequentially.
Looking at the longer-term picture, JD's 5-year compound annual growth rate (CAGR) stands at +15.0%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $1.16 trillion in 2024, representing a new all-time high.
Revenue diversification analysis shows JD's business is primarily driven by Electronics And Home Appliance Products (49%), General Merchandise Products (31%), and Logistics And Other Services (12%).
When compared to Consumer Cyclical sector peers including BABA (+5.2% YoY), PDD (+12.5% YoY), and VIPS (-5.3% YoY), JD has outperformed the peer group in terms of revenue growth. Compare JD vs BABA →
JD Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| JDCurrent | $1.30T | +14.9% | +15.0% | 3.3% | |
 BABA | $996.3B | +5.2% | +14.3% | 14.1% | |
 PDD | $393.8B | +12.5% | +67.2% | 27.5% | |
 VIPS | $108.4B | -5.3% | +3.1% | 8.5% | |
 BZUN | $9.4B | +6.1% | +5.3% | -1.2% | |
 AMZN | $716.9B | +14.2% | +13.2% | 11.2% |
JD Historical Revenue Data (2013–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.16T | +6.8% | $113.44B | 9.8% | $38.74B | 3.3% |
| 2023 | $1.08T | +3.7% | $159.70B | 14.7% | $26.02B | 2.4% |
| 2022 | $1.05T | +9.9% | $147.07B | 14.1% | $19.72B | 1.9% |
| 2021 | $951.59B | +27.6% | $129.07B | 13.6% | $4.14B | 0.4% |
| 2020 | $745.80B | +29.3% | $109.11B | 14.6% | $12.34B | 1.7% |
| 2019 | $576.89B | +24.9% | $84.42B | 14.6% | $8.99B | 1.6% |
| 2018 | $462.02B | +27.5% | $65.95B | 14.3% | $-2,619,131,000 | -0.6% |
| 2017 | $362.33B | +39.3% | $50.81B | 14.0% | $-835,476,000 | -0.2% |
| 2016 | $260.12B | +43.5% | $39.42B | 15.2% | $-2,144,897,000 | -0.8% |
| 2015 | $181.29B | +57.6% | $24.28B | 13.4% | $-6,459,456,000 | -3.6% |
Full JD Stock Analysis
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Start ComparisonJD — Frequently Asked Questions
Quick answers to the most common questions about buying JD stock.
Is JD's revenue growth accelerating or slowing?
JD maintains +14.9% revenue growth, in line with its 5-year CAGR of +15.0%. TTM revenue stands at $1.3T. Growth rate remains consistent with historical average.
What is JD's long-term revenue growth rate?
JD.com, Inc.'s 5-year revenue CAGR of +15.0% reflects the sustained expansion pattern. Current YoY growth of +14.9% is near this long-term average.
How is JD's revenue distributed by segment?
JD reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2013-2024 are available for download. Segment mix reveals concentration and diversification trends.