JD.com (JD) Net Margin (2013 - 2026)
JD.com (JD) reported Net Margin of 2.63% for Q1 2026, down 249.0% year-over-year from 1.77% in Q1 2025, and up 260.74% on a QoQ basis from 1.64% in Q4 2025.
JD.com (JD) has 14 years of Net Margin data on file, last reported at 2.63% in Q1 2026.
- Quarterly Net Margin fell 249.0% year-over-year to 2.63% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.21% (down 406.0% YoY) and the FY2025 annual result came in at 1.5%, down 207.0% from the prior year.
- Net Margin advanced to 2.63% in Q1 2026 per JD's latest filing, from 1.64% in the prior quarter.
- Across five years, Net Margin topped out at 6.78% in Q3 2024 and bottomed at 1.64% in Q4 2025.
- The 5-year median for Net Margin is 2.63% (2026), against an average of 2.93%.
- The widest annual swing landed in 2023, when Net Margin jumped 512 bps; it then plunged 520 bps in 2025.
- Tracing JD's Net Margin over 5 years: stood at 1.03% in 2022, then surged by 49 bps to 1.53% in 2023, then soared by 132 bps to 3.56% in 2024, then slumped by 146 bps to 1.64% in 2025, then soared by 261 bps to 2.63% in 2026.
- Per Business Quant, the three latest JD Net Margin figures stand at 2.63% (Q1 2026), 1.64% (Q4 2025), and 2.29% (Q3 2025).
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.63% |
| Dec 31, 2025 | -1.64% |
| Sep 30, 2025 | 2.29% |
| Jun 30, 2025 | 1.86% |
| Mar 31, 2025 | 5.12% |
| Dec 31, 2024 | 3.56% |
| Sep 30, 2024 | 6.78% |
| Jun 30, 2024 | 6.05% |
| Mar 31, 2024 | 4.14% |
| Dec 31, 2023 | 1.53% |
| Sep 30, 2023 | 5.40% |
| Jun 30, 2023 | 4.36% |
| Mar 31, 2023 | 3.88% |
| Dec 31, 2022 | 1.03% |
| Sep 30, 2022 | 2.45% |
| Jun 30, 2022 | 1.63% |
| Mar 31, 2022 | -1.25% |
| Dec 31, 2021 | -1.87% |
| Sep 30, 2021 | -1.28% |
| Jun 30, 2021 | 0.31% |
| Mar 31, 2021 | 1.78% |
| Dec 31, 2020 | 10.84% |
| Sep 30, 2020 | 4.34% |
| Jun 30, 2020 | 8.18% |
| Mar 31, 2020 | 0.74% |
| Dec 31, 2019 | 2.13% |
| Sep 30, 2019 | 0.45% |
| Jun 30, 2019 | 0.41% |
| Mar 31, 2019 | 6.04% |
| Dec 31, 2018 | 3.56% |
| Sep 30, 2018 | 2.86% |
| Jun 30, 2018 | 1.81% |
| Mar 31, 2018 | 1.50% |
| Dec 31, 2017 | 0.83% |
| Sep 30, 2017 | 1.21% |
| Jun 30, 2017 | 0.53% |
| Mar 31, 2017 | 0.31% |
| Dec 31, 2016 | 2.15% |
| Sep 30, 2016 | 1.52% |
| Jun 30, 2016 | 0.39% |
| Mar 31, 2016 | 1.69% |
| Dec 31, 2015 | 13.97% |
| Sep 30, 2015 | 1.20% |
| Jun 30, 2015 | -1.11% |
| Mar 31, 2015 | -1.93% |
| Dec 31, 2014 | -1.32% |
| Sep 30, 2014 | -0.56% |
| Jun 30, 2014 | -20.56% |
| Mar 31, 2014 | -10.18% |
| Dec 31, 2013 | 0.81% |
| Sep 30, 2013 | 4.52% |
| Jun 30, 2013 | 2.47% |