JD.com (JD) EBT Margin (2013 - 2026)
JD.com's (JD) quarterly EBT Margin came in at 2.68% in Q2 2026, down 37.0% year-over-year from 4.26% in Q2 2025, and up 19.35% quarter-over-quarter from 2.25% in Q1 2026.
JD.com (JD) EBT Margin (2013 - 2026) Analysis & Trends
JD.com (JD) has reported EBT Margin for 14 consecutive years, with 2.68% the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBT Margin fell 37.0% year-over-year to 2.68% in Q2 2026; TTM through Jun 2026 was 2.19%, a 183.0% decrease from a year earlier, with the FY2025 full-year figure at 1.93%, down 251.0% from the prior year.
- EBT Margin was 2.68% for Q2 2026 at JD.com, up from 2.25% in the prior quarter.
- Over five years, EBT Margin peaked at 4.92% in Q3 2024 and troughed at 1.22% in Q1 2022.
- A 5-year average of 2.48% and a median of 2.92% in 2025 frame the typical range for EBT Margin.
- Across the five-year window, EBT Margin jumped 443 bps in 2023 and sank 373 bps in 2025, its largest moves.
- Over 5 years, EBT Margin stood at 1.29% in 2022, then retreated by 17 bps to 1.08% in 2023, then jumped by 210 bps to 3.35% in 2024, then sank by 111 bps to 0.38% in 2025, then surged by 800 bps to 2.68% in 2026.
- The last three EBT Margin figures came in at 2.68% (Q2 2026), 2.25% (Q1 2026), and 0.38% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,735.76 Bn | 2,612.77 Bn | 198.88 Bn | 31.58% |
| 2 | JD.com | 32.66 Bn | 9.40 Bn | 16.50 Bn | 2.68% |
| 3 | Coupang | 25.61 Bn | 19.50 Bn | 2.49 Bn | -6.02% |
| 4 | Wayfair | 13.93 Bn | 12.79 Bn | 1.05 Bn | 0.06% |
| 5 | GigaCloud Technology | 3.80 Bn | 3.42 Bn | 105.56 Mn | 12.12% |
| 6 | Pattern | 3.04 Bn | 2.69 Bn | 384.36 Mn | 4.28% |
| 7 | Yunji | 1.88 Bn | 1.86 Bn | - | - |
| 8 | Revolve | 1.47 Bn | 1.13 Bn | 196.67 Mn | 7.16% |
| 9 | ATRenew | 632.36 Mn | 371.23 Mn | -705.59 Mn | 44.08% |
| 10 | Stitch Fix | 398.30 Mn | 211.49 Mn | 148.84 Mn | -0.43% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.68% |
| Mar 31, 2026 | 2.25% |
| Dec 31, 2025 | -0.38% |
| Sep 30, 2025 | 2.79% |
| Jun 30, 2025 | 3.05% |
| Mar 31, 2025 | 4.43% |
| Dec 31, 2024 | 3.35% |
| Sep 30, 2024 | 4.92% |
| Jun 30, 2024 | 4.48% |
| Mar 31, 2024 | 3.48% |
| Dec 31, 2023 | 1.08% |
| Sep 30, 2023 | 3.64% |
| Jun 30, 2023 | 3.30% |
| Mar 31, 2023 | 3.21% |
| Dec 31, 2022 | 1.29% |
| Sep 30, 2022 | 1.34% |
| Jun 30, 2022 | 1.04% |
| Mar 31, 2022 | -1.22% |
| Dec 31, 2021 | -1.86% |
| Sep 30, 2021 | -0.39% |
JD.com EBT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt-margin&ticker=JD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-margin", "ticker": "JD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebt-margin&ticker=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();