← JD.com, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $37.5b | $55.7b | $67.2b | $82.9b | $114.3b | $149.3b | $151.7b | $152.8b | $158.8b | $187.2b | |
| Total net revenues | $260.1b | $362.3b | $462.0b | $576.9b | $745.8b | $951.6b | $1.0t | $1.1t | $1.2t | $1.3t | |
| Cost of Revenue | $31.8b | $47.9b | $57.6b | $70.7b | $97.6b | $129.1b | $130.4b | $130.3b | $133.6b | $157.2b | |
| Cost of revenues | ($220.7b) | ($311.5b) | ($396.1b) | ($492.5b) | ($636.7b) | ($822.5b) | ($899.2b) | ($925.0b) | ($975.0b) | ($1.1t) | |
| Research and development | — | ($6.7b) | ($12.1b) | ($14.6b) | ($16.1b) | ($16.3b) | ($16.9b) | ($16.4b) | ($17.0b) | ($22.2b) | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | ($308.9m) | ($128.4m) | ($380.9m) | $1.3b | $1.9b | $650.0m | $2.9b | $3.7b | $5.3b | $397.0m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $1.6b | $1.8b | $1.8b | $932.5m | $801.7m | $956.0m | $1.2b | $1.3b | $987.0m | $1.1b | |
| Fair Value, Option, Changes in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | $2.1b | $1.5b | $804.0m | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($21.1m) | $32.8m | ($28.0m) | $17.8m | ($13.8m) | $7.0m | $17.0m | ($4.0m) | ($111.0m) | $309.0m | |
| Goodwill, Impairment Loss | $0 | $0 | $6.9m | $0 | $0 | $0 | $0 | $443.0m | $109.0m | $186.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $448.5m | $3.7b | ($578.3m) | $14.2b | $15.8b | $14.5b | $16.8b | $33.1b | $47.7b | $22.0b | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | $0 | ($0) | $1 | $16 | ($1) | $3 | $8 | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | $0 | ($0) | $1 | $16 | ($1) | $3 | $8 | — | — | |
| Income (Loss) from Equity Method Investments | ($401.2m) | ($296.1m) | ($161.9m) | ($249.7m) | $657.7m | ($772.0m) | ($318.0m) | $142.0m | $319.0m | $1.1b | |
| Investment Income, Interest | $69.4m | $388.9m | $308.0m | $256.5m | $422.0m | $4.2b | $5.7b | $9.6b | $9.4b | $9.1b | |
| Fulfillment | ($21.0b) | ($25.9b) | ($32.0b) | ($37.0b) | ($48.7b) | ($59.1b) | ($63.0b) | ($64.6b) | ($70.4b) | ($88.2b) | |
| Marketing | ($10.6b) | ($14.9b) | ($19.2b) | ($22.2b) | ($27.2b) | ($38.7b) | ($37.8b) | ($40.1b) | ($48.0b) | ($84.0b) | |
| General and administrative | ($4.7b) | ($4.2b) | ($5.2b) | ($5.5b) | ($6.4b) | ($11.6b) | ($11.1b) | ($9.7b) | ($8.9b) | ($12.0b) | |
| Impairment of goodwill | — | — | — | — | — | $0 | $0 | ($3.1b) | ($799.0m) | ($1.3b) | |
| Impairment of long-lived assets | — | — | — | — | — | — | $0 | ($2.0b) | ($1.6b) | $0 | |
| Gain on sale of development properties | — | — | — | $3.9b | $1.6b | $767.0m | $1.4b | $2.3b | $1.5b | $387.0m | |
| Share of results of equity investees | ($2.8b) | ($1.9b) | ($1.1b) | ($1.7b) | $4.3b | ($4.9b) | ($2.2b) | $1.0b | $2.3b | $8.0b | |
| Others, net | $1.5b | $1.3b | $95.2m | $5.4b | $32.6b | ($590.0m) | ($1.6b) | $7.5b | $13.4b | $17.3b | |
| Net (loss)/income attributable to non-controlling interests shareholders | — | — | ($311.4m) | ($297.2m) | ($74.6m) | ($923.0m) | ($697.0m) | ($910.0m) | $3.3b | $3.5b | |
| Foreign currency translation adjustments | $943.6m | ($822.1m) | $2.7b | $793.7m | ($8.0b) | ($2.9b) | $7.8b | $1.4b | $1.0b | ($3.3b) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($465.8m) | $18.6m | ($345.2m) | $2.0b | $7.8b | ($405.0m) | $2.0b | $4.5b | $7.1b | $3.6b | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | ($2.9m) | ($407.3m) | $1.7b | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | $1.1m | — | — | — | — | — | — | — | — | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($3.4b) | $18.0m | ($362.4m) | $1.8b | $49.4b | ($3.6b) | $10.4b | $24.2b | $41.4b | $19.6b | |
| Total comprehensive income | ($2.4b) | $287.0m | ($126.9m) | $12.7b | $41.3b | ($7.3b) | $17.5b | $24.6b | $45.7b | $19.8b | |
| Total comprehensive (loss)/income attributable to non-controlling interests shareholders | — | ($140.5m) | ($311.4m) | ($253.4m) | ($373.0m) | ($1.3b) | $2.0b | ($1.4b) | $3.8b | $2.8b | |
| Total comprehensive income attributable to the Company's ordinary shareholders | ($2.8b) | $146.4m | $182.0m | $13.0b | $41.7b | ($6.1b) | $15.5b | $26.0b | $41.9b | $17.0b | |
| Income before tax | ($3.2b) | $121.0m | ($2.4b) | $13.7b | $50.8b | ($2.6b) | $13.9b | $31.6b | $51.5b | $25.3b | |
| Net Income (Loss) Attributable to Parent | ($548.3m) | ($11.7m) | ($2.8b) | $12.2b | $49.4b | ($3.6b) | $10.4b | $24.2b | $41.4b | $19.6b | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($548.3m) | ($23.4m) | ($362.4m) | $1.8b | $7.6b | ($559.0m) | $1.5b | $3.4b | $5.7b | $2.8b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | — | — | — | — | ($11.4m) | ($145.0m) | ($101.0m) | ($128.0m) | $452.0m | $502.0m | |
| Net Income (Loss) Attributable to Nonredeemable Noncontrolling Interest | ($7.4m) | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($0.20) | ($0.01) | ($0.13) | $0.60 | $2.51 | ($0.18) | $0.48 | $1.08 | $1.90 | $0.99 | |
| Earnings Per Share, Diluted | ($0.20) | ($0.01) | ($0.13) | $0.59 | $2.43 | ($0.18) | $0.47 | $1.07 | $1.84 | $0.92 | |
| Weighted Average Number of Shares Outstanding, Basic | 2.8b | 2.8b | 2.9b | 2.9b | 3.0b | 3.1b | 3.1b | 3.1b | 3.0b | 2.8b | |
| Weighted Average Number of Shares Outstanding, Diluted | 2.8b | 2.9b | 2.9b | 3.0b | 3.1b | 3.1b | 3.2b | 3.2b | 3.1b | 3.0b | |
| Other income (expense): | |||||||||||
| Research and Development Expense | — | — | — | $2.1b | $2.5b | $2.6b | $2.4b | $2.3b | $2.3b | $3.2b | |
| General and Administrative Expense | $671.7m | $647.8m | $750.4m | $788.6m | $982.2m | $1.8b | $1.6b | $1.4b | $1.2b | $1.7b | |
| Other Nonoperating Income (Expense) | $212.3m | $202.3m | $13.8m | $772.1m | $5.0b | ($93.0m) | ($225.0m) | $1.1b | $1.8b | $2.5b | |
| Interest Expense | $37.4m | $148.1m | $124.3m | $104.1m | $172.4m | $190.0m | $305.0m | $406.0m | $397.0m | $401.0m | |
| Current Income Tax Expense (Benefit) | — | — | — | — | — | — | — | — | — | $6.9b | |
| Income tax expenses | ($179.5m) | ($139.6m) | ($426.9m) | ($1.8b) | ($1.5b) | ($1.9b) | ($4.2b) | ($8.4b) | ($6.9b) | ($2.2b) | |
| Nonoperating Income (Expense) | ($1.1b) | $956.4m | $245.5m | $4.7b | $38.5b | ($6.7b) | ($5.9b) | $5.6b | — | — | |
| Income Tax Expense (Benefit) | $25.9m | $21.5m | $62.1m | $258.9m | $227.1m | $296.0m | $605.0m | $1.2b | $943.0m | $312.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.