JD.com, Inc. (JD) Gross Margin (2013 - 2026)

JD.com has disclosed Gross Margin across 14 years of filings, most recently posting 16.73% for Q1 2026.

• In Q1 2026, Gross Margin rose 86.0% year-over-year to 16.73%; the TTM figure through Mar 2026 stood at 16.18% (up 17.0% YoY), while the FY2025 annual figure was 16.04%, up 18.0% from the prior year.
• Gross Margin climbed to 16.73% in Q1 2026, from 15.63% in the prior quarter.
• Over the last five years, Gross Margin for JD reached as high as 17.3% in Q3 2024 and fell as low as 13.62% in Q2 2022.
• The 5-year median for Gross Margin is 15.31% (2024), against an average of 15.33%.
• Annual changes were most pronounced in 2022 — Gross Margin sank 55 bps — and 2024, when it surged 152 bps.
• A 5-year view of Gross Margin shows it stood at 14.06% in 2022, then gained by 1 bps to 14.21% in 2023, then increased by 8 bps to 15.31% in 2024, then advanced by 2 bps to 15.63% in 2025, then climbed by 7 bps to 16.73% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 16.73%, 15.63%, and 16.79% for Q1 2026, Q4 2025, and Q3 2025 respectively.