Growth Metrics

JD.com (JD) EBITDA Margin (2013 - 2026)

JD.com (JD) reported EBITDA Margin of 1.2% for Q1 2026, down 230.0% year-over-year from 0.92% in Q1 2025, and up 172.37% on a QoQ basis from 1.66% in Q4 2025.

JD.com (JD) has 14 years of EBITDA Margin data on file, last reported at 1.2% in Q1 2026.

  • Quarterly EBITDA Margin fell 230.0% year-over-year to 1.2% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.29% (down 377.0% YoY) and the FY2025 annual result came in at 1.3%, down 231.0% from the prior year.
  • EBITDA Margin climbed to 1.2% in Q1 2026 per JD's latest filing, from 1.66% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 4.63% in Q3 2024 and bottomed at 1.66% in Q4 2025.
  • The 5-year median for EBITDA Margin is 2.45% (2024), against an average of 1.98%.
  • The widest annual swing landed in 2022, when EBITDA Margin surged 241 bps; it then plunged 498 bps in 2025.
  • Tracing JD's EBITDA Margin over 5 years: stood at 1.64% in 2022, then sank by 60 bps to 0.66% in 2023, then surged by 270 bps to 2.45% in 2024, then plunged by 168 bps to 1.66% in 2025, then surged by 172 bps to 1.2% in 2026.
  • Per Business Quant, the three latest JD EBITDA Margin figures stand at 1.2% (Q1 2026), 1.66% (Q4 2025), and 0.35% (Q3 2025).

Historic Data

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DateValue
Mar 31, 2026 1.20%
Dec 31, 2025 -1.66%
Sep 30, 2025 -0.35%
Jun 30, 2025 -0.24%
Mar 31, 2025 3.50%
Dec 31, 2024 2.45%
Sep 30, 2024 4.63%
Jun 30, 2024 3.61%
Mar 31, 2024 2.96%
Dec 31, 2023 0.66%
Sep 30, 2023 3.76%
Jun 30, 2023 2.87%
Mar 31, 2023 2.65%
Dec 31, 2022 1.64%
Sep 30, 2022 3.58%
Jun 30, 2022 1.40%
Mar 31, 2022 1.01%
Dec 31, 2021 -0.14%
Sep 30, 2021 1.18%
Jun 30, 2021 0.12%
Mar 31, 2021 0.82%
Dec 31, 2020 0.27%
Sep 30, 2020 2.52%
Jun 30, 2020 2.51%
Mar 31, 2020 1.59%
Dec 31, 2019 1.62%
Sep 30, 2019 3.69%
Jun 30, 2019 1.51%
Mar 31, 2019 1.01%
Dec 31, 2018 -3.42%
Sep 30, 2018 0.62%
Jun 30, 2018 0.85%
Mar 31, 2018 4,363.30%
Dec 31, 2017 1.45%
Sep 30, 2017 0.60%
Jun 30, 2017 0.43%
Mar 31, 2017 0.87%
Dec 31, 2016 0.63%
Sep 30, 2016 0.69%
Jun 30, 2016 0.55%
Mar 31, 2016 1.60%
Dec 31, 2015 7.78%
Sep 30, 2015 1.51%
Jun 30, 2015 1.57%
Mar 31, 2015 2.25%
Dec 31, 2014 2.18%
Sep 30, 2014 1.40%
Jun 30, 2014 2.75%
Mar 31, 2014 -17.00%
Dec 31, 2013 -1.31%
Sep 30, 2013 -0.45%
Jun 30, 2013 -1.33%