JD.com Inc ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), JD.com Inc ADR reported revenue of $1.3T (+13.0% year on year) and net income of $23.1B (-48.2% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Total net revenues | $1.3T | $1.2T | $1.1T | $1.0T |
| Cost of revenues | ($1.1T) | ($975.0B) | ($925.0B) | ($899.2B) |
| Fulfillment | ($88.2B) | ($70.4B) | ($64.6B) | ($63.0B) |
| Marketing | ($84.0B) | ($48.0B) | ($40.1B) | ($37.8B) |
| Research and development | ($22.2B) | ($17.0B) | ($16.4B) | ($16.9B) |
| General and administrative | ($12.0B) | ($8.9B) | ($9.7B) | ($11.1B) |
| Impairment of goodwill | ($1.3B) | ($799.0M) | ($3.1B) | — |
| Impairment of long-lived assets | $0 | ($1.6B) | ($2.0B) | — |
| Gain on sale of development properties | $387.0M | $1.5B | $2.3B | $1.4B |
| Income from operations | $2.8B | $38.7B | $26.0B | $19.7B |
| Share of results of equity investees | $8.0B | $2.3B | $1.0B | ($2.2B) |
| Interest expense | ($2.8B) | ($2.9B) | ($2.9B) | ($2.1B) |
| Others, net | $17.3B | $13.4B | $7.5B | ($1.6B) |
| Income before tax | $25.3B | $51.5B | $31.6B | $13.9B |
| Income tax expenses | ($2.2B) | ($6.9B) | ($8.4B) | ($4.2B) |
| Net income | $23.1B | $44.7B | $23.3B | $9.7B |
| Net (loss)/income attributable to non-controlling interests shareholders | $3.5B | $3.3B | ($910.0M) | ($697.0M) |
| Net income attributable to the Company's ordinary shareholders | $19.6B | $41.4B | $24.2B | $10.4B |
| Foreign currency translation adjustments | ($3.3B) | $1.0B | $1.4B | $7.8B |
| Total comprehensive income | $19.8B | $45.7B | $24.6B | $17.5B |
| Total comprehensive (loss)/income attributable to non-controlling interests shareholders | $2.8B | $3.8B | ($1.4B) | $2.0B |
| Total comprehensive income attributable to the Company's ordinary shareholders | $17.0B | $41.9B | $26.0B | $15.5B |
| Basic | $6.89 | $13.83 | $7.69 | $3.32 |
| Diluted | $6.45 | $13.43 | $7.61 | $3.21 |
| Basic | 2.8B | 3.0B | 3.1B | 3.1B |
| Diluted | 3.0B | 3.1B | 3.2B | 3.2B |
| Line item | Sep 30, 2019 · YTD |
|---|---|
| Total net revenues | $406.2B |
| Cost of revenues | ($345.8B) |
| Fulfillment | ($26.0B) |
| Marketing | ($14.0B) |
| Technology and content | ($11.0B) |
| General and administrative | ($4.0B) |
| Gain on disposals of long-lived assets | $3.1B |
| Income/(loss) from operations | $8.5B |
| Share of results of equity investees | ($1.2B) |
| Interest income | $1.2B |
| Interest expense | ($505.2M) |
| Others, net | $1.7B |
| Income before tax | $9.7B |
| Income tax expenses | ($1.3B) |
| Net income | $8.3B |
| Net loss attributable to non-controlling interests shareholders | ($216.3M) |
| Net income attributable to mezzanine equity classified non-controlling interests shareholders | $2.3M |
| Net income attributable to ordinary shareholders | $8.6B |
| Foreign currency translation adjustments | $1.6B |
| Unrealized gains, nil of tax | $145.0M |
| Reclassification adjustment for losses recorded in net income, nil of tax | ($107.4M) |
| Net unrealized gains/(losses) on available-for-sale securities | $37.6M |
| Total other comprehensive income | $1.6B |
| Total comprehensive income | $9.9B |
| Total comprehensive loss attributable to non-controlling interests shareholders | ($173.8M) |
| Total comprehensive income attributable to mezzanine equity classified non-controlling interests shareholders | $2.3M |
| Total comprehensive income attributable to ordinary shareholders | $10.1B |
| Basic | $2.94 |
| Diluted | $2.89 |
| Basic | 2.9B |
| Diluted | 3.0B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $137.5B | $108.3B | $71.9B | $78.9B |
| Restricted cash | $12.1B | $7.4B | $7.5B | $6.3B |
| Short-term investments | $75.7B | $125.6B | $118.3B | $141.1B |
| Accounts receivable, net | $27.3B | $25.6B | $20.3B | $20.6B |
| Advance to suppliers | $5.9B | $7.6B | $2.8B | $3.8B |
| Inventories, net | $95.4B | $89.3B | $68.1B | $77.9B |
| Prepayments and other current assets | $17.9B | $16.0B | $15.6B | $15.2B |
| Amount due from related parties | $2.1B | $4.8B | $2.1B | $6.1B |
| Assets held for sale | $395.0M | $2.0B | $1.3B | $1.2B |
| Total current assets | $374.4B | $386.7B | $307.8B | $351.1B |
| Property, equipment and software, net | $91.3B | $82.7B | $70.0B | $55.1B |
| Construction in progress | $6.5B | $6.2B | $9.9B | $11.2B |
| Intangible assets, net | $7.7B | $7.8B | $6.9B | $9.1B |
| Land use rights, net | $36.9B | $36.8B | $39.6B | $33.8B |
| Operating lease right-of-use assets | $31.1B | $24.5B | $20.9B | $22.3B |
| Goodwill | $26.3B | $25.7B | $20.0B | $23.1B |
| Investments in equity investees | $52.0B | $56.9B | $56.7B | $57.6B |
| Marketable securities and other investments | $51.8B | $59.4B | $80.8B | $11.6B |
| Deferred tax assets | $5.2B | $2.5B | $1.7B | $1.5B |
| Other non-current assets | $11.9B | $9.1B | $14.5B | $18.8B |
| Total non-current assets | $320.8B | $311.5B | $321.1B | $244.2B |
| Total assets | $695.2B | $698.2B | $629.0B | $595.3B |
| Short-term debts | $8.0B | $7.6B | $5.0B | $12.1B |
| Accounts payable | $188.4B | $192.9B | $166.2B | $160.6B |
| Advance from customers | $36.4B | $32.4B | $31.6B | $33.7B |
| Deferred revenues | $2.7B | $2.1B | $2.1B | $3.4B |
| Taxes payable | $7.0B | $9.5B | $7.3B | $5.9B |
| Amount due to related parties | $624.0M | $1.4B | $1.6B | $488.0M |
| Accrued expenses and other current liabilities | $50.0B | $46.0B | $43.5B | $42.6B |
| Operating lease liabilities | $9.4B | $7.6B | $7.8B | $7.7B |
| Unsecured senior notes | $3.5B | — | — | — |
| Liabilities held for sale | $0 | $101.0M | $506.0M | $72.0M |
| Total current liabilities | $306.1B | $299.5B | $265.6B | $266.6B |
| Unsecured senior notes | $20.8B | $24.8B | $10.4B | $10.2B |
| Deferred tax liabilities | $8.0B | $9.5B | $9.3B | $6.5B |
| Long-term debts | $41.7B | $31.7B | $31.6B | $20.0B |
| Operating lease liabilities | $23.7B | $18.1B | $13.7B | $15.0B |
| Other non-current liabilities | $1.1B | $835.0M | $1.1B | $1.7B |
| Total non-current liabilities | $95.3B | $85.4B | $66.9B | $54.6B |
| Total liabilities | $401.4B | $384.9B | $332.6B | $321.1B |
| MEZZANINE EQUITY | $0 | $484.0M | $614.0M | $590.0M |
| Ordinary shares (US$0.00002 par value; 100,000,000,000 shares authorized; 2,865,069,999 Class A ordinary shares issued and 2,587,296,615 outstanding, 322,483,772 Class B ordinary shares issued and 316,136,640 outstanding as of December 31, 2024; 2,496,519,005 Class A ordinary shares issued and 2,426,347,757 outstanding, 321,776,028 Class B ordinary shares issued and 315,499,494 outstanding as of December 31, 2025.) | 0 | 0 | — | — |
| Additional paid-in capital | $141.5B | $182.4B | $184.2B | $184.0B |
| Statutory reserves | $7.6B | $6.7B | $6.1B | $3.5B |
| Treasury stock | ($7.9B) | ($27.7B) | ($3.4B) | ($2.5B) |
| Line item | Sep 30, 2019 |
|---|---|
| Cash and cash equivalents | $32.1B |
| Restricted cash | $2.6B |
| Short-term investments | $24.5B |
| Accounts receivable, net | $6.0B |
| Advance to suppliers | $661.3M |
| Inventories, net | $48.3B |
| Loan receivables, net | $917.8M |
| Prepayments and other current assets | $4.3B |
| Amount due from related parties | $10.2B |
| Total current assets | $129.6B |
| Property, equipment and software, net | $19.5B |
| Construction in progress | $5.5B |
| Intangible assets, net | $4.3B |
| Land use rights, net | $10.6B |
| Operating lease right-of-use assets | $8.9B |
| Goodwill | $6.6B |
| Investment in equity investees | $38.6B |
| Investment securities | $15.7B |
| Deferred tax assets | $86.9M |
| Other non-current assets | $6.5B |
| Total non-current assets | $116.2B |
| Total assets | $245.8B |
| Short-term borrowings | $0 |
| Nonrecourse securitization debt | $0 |
| Accounts payable | $86.4B |
| Advance from customers | $14.4B |
| Deferred revenues (including amounts in relation to traffic support, marketing and promotion services to be provided to related parties of RMB863,480 and RMB982,263 as of December 31, 2018 and September 30, 2019, respectively.) | $4.1B |
| Taxes payable | $1.4B |
| Amount due to related parties | $285.6M |
| Accrued expenses and other current liabilities | $22.8B |
| Operating lease liabilities | $3.4B |
| Total current liabilities | $132.8B |
| Deferred revenues (including amounts in relation to traffic support, marketing and promotion services to be provided to related parties of RMB463,153 and RMB1,884,867 as of December 31, 2018 and September 30, 2019, respectively) | $2.0B |
| Unsecured senior notes | $7.0B |
| Deferred tax liabilities | $1.1B |
| Long-term borrowings | $3.2B |
| Operating lease liabilities | $5.7B |
| Other non-current liabilities | $250.6M |
| Total non-current liabilities | $19.3B |
| Total liabilities | $152.1B |
| Convertible redeemable non-controlling interests (Note 16) | $16.0B |
| Ordinary shares (US$0.00002 par value; 100,000,000,000 shares authorized; 2,507,473,330 Class A ordinary shares issued and 2,447,926,638 outstanding, 458,342,517 Class B ordinary shares issued and 446,369,717 outstanding as of December 31, 2018, 2,520,271,138 Class A ordinary shares issued and 2,477,306,110 outstanding, 453,672,011 Class B ordinary shares issued and 443,015,831 outstanding as of September 30, 2019.) | 381.0K |
| Additional paid-in capital | $87.8B |
| Statutory reserves | $1.4B |
| Treasury stock | ($2.7B) |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $23.1B | $44.7B | $23.3B | $9.7B |
| Depreciation and amortization | $9.7B | $8.9B | $8.3B | $7.2B |
| Share-based compensation | $4.7B | $3.0B | $4.8B | $7.5B |
| Losses/(gains) from disposal of property, equipment and software | ($16.0M) | $140.0M | $55.0M | $407.0M |
| Deferred income tax | ($4.7B) | ($1.1B) | $869.0M | ($549.0M) |
| Impairment of long-lived assets and goodwill | $1.3B | $2.4B | — | — |
| Allowance for doubtful accounts | $340.0M | $333.0M | $641.0M | $926.0M |
| Impairment of investments | $827.0M | $3.3B | $3.0B | $2.0B |
| Losses/(gains) from fair value change of long-term investments | ($397.0M) | ($1.4B) | — | — |
| Gains from acquirements or disposals of businesses and investments | ($55.0M) | ($652.0M) | ($89.0M) | $3.6B |
| Gain on sale of development properties | ($387.0M) | ($1.5B) | ($2.3B) | ($1.4B) |
| Share of results of equity investees | ($8.0B) | ($2.3B) | ($1.0B) | $2.2B |
| Accrued interest income | ($213.0M) | ($2.9B) | — | — |
| Non-cash portion of other non-operating expense/(income), net | ($216.0M) | $168.0M | — | — |
| Accounts receivable | ($2.5B) | ($4.5B) | ($310.0M) | ($7.2B) |
| Advance to suppliers | $1.8B | ($1.7B) | $1.1B | $9.0M |
| Inventories | ($5.8B) | ($20.2B) | $9.9B | ($2.3B) |
| Prepayments and other current assets | $1.2B | $114.0M | $590.0M | ($2.0B) |
| Amount due from related parties | ($542.0M) | ($527.0M) | ($750.0M) | $1.8B |
| Operating lease right-of-use assets | ($5.9B) | ($3.6B) | ($273.0M) | ($525.0M) |
| Other non-current assets | ($1.1B) | $575.0M | $74.0M | $2.4B |
| Accounts payable | ($4.9B) | $27.8B | $4.6B | $17.7B |
| Advance from customers | $3.4B | $704.0M | ($2.1B) | $4.5B |
| Deferred revenues | $351.0M | ($462.0M) | ($1.4B) | ($319.0M) |
| Taxes payable | ($2.3B) | $1.9B | $1.3B | $3.2B |
| Amount due to related parties | ($875.0M) | ($1.3B) | $1.1B | $847.0M |
| Accrued expenses and other current liabilities | $3.5B | $2.2B | $2.1B | $3.3B |
| Operating lease liabilities | $6.7B | $4.3B | $529.0M | $705.0M |
| Other non-current liabilities | ($120.0M) | ($202.0M) | ($668.0M) | $110.0M |
| Net cash provided by operating activities | $19.0B | $58.1B | $59.5B | $57.8B |
| Purchases of time deposits and wealth management products | ($80.2B) | ($148.5B) | — | — |
| Maturity of long-term time deposits and wealth management products | $133.3B | $166.5B | — | $30.0M |
| Purchases of investment securities | ($60.0M) | — | — | — |
| Disposal of investment securities | $3.2B | $1.4B | $8.3B | $6.3B |
| Prepayments and investments in equity investees | ($935.0M) | ($3.1B) | ($1.4B) | ($4.5B) |
| Disposal of equity investments | $2.9B | $576.0M | $387.0M | $412.0M |
| Cash paid for loan originations | ($83.6B) | ($84.6B) | ($75.8B) | ($77.6B) |
| Cash received from loan repayments | $82.9B | $84.8B | $76.0B | $77.7B |
| Purchase of property, equipment and software and intangible assets | ($7.8B) | ($5.4B) | — | — |
| Disposal of equipment and other assets | $169.0M | $81.0M | $130.0M | $1.4B |
| Cash paid for asset acquisitions, net of cash acquired | ($3.6B) | ($4.3B) | ($5.5B) | ($2.2B) |
| Purchase of land use rights | ($397.0M) | ($618.0M) | ($5.0B) | ($5.2B) |
| Cash paid for construction in progress | ($6.0B) | ($7.8B) | ($11.0B) | ($12.2B) |
| Sales of development properties | $4.9B | $3.8B | $7.0B | $1.7B |
| Cash paid for business combinations, net of cash acquired | ($1.1B) | ($2.8B) | — | ($15.7B) |
| Line item | Sep 30, 2019 · YTD |
|---|---|
| Net income | $8.3B |
| Depreciation and amortization | $4.4B |
| Share-based compensation | $2.7B |
| Losses from disposal of property, equipment and software | $37.0M |
| Deferred income tax | $304.3M |
| Amortization of discounts and issuance costs of the unsecured senior notes | $11.0M |
| Impairment of investments | $1.0B |
| Fair value change of long-term investments | $714.6M |
| Gain on disposals of long-lived assets | ($3.1B) |
| Gain from business and investment disposals | ($1.2B) |
| Share of results of equity investees | $1.2B |
| Foreign exchange (gains)/losses | ($53.9M) |
| Accounts receivable | $4.1B |
| Inventories | ($4.2B) |
| Advance to suppliers | ($196.0M) |
| Prepayments and other current assets | $256.9M |
| Operating lease right-of-use assets | ($1.7B) |
| Amount due from related parties | ($2.2B) |
| Other non-current assets | ($62.3M) |
| Accounts payable | $7.2B |
| Advance from customers | $1.3B |
| Deferred revenues | $1.3B |
| Taxes payable | $84.0M |
| Accrued expenses and other current liabilities | $2.4B |
| Operating lease liabilities | $1.9B |
| Amount due to related parties | $102.3M |
| Net cash provided by operating activities | $24.8B |
| Purchase of short-term investments | ($24.4B) |
| Maturity of short-term investments | $2.0B |
| Purchases of investment securities | ($756.8M) |
| Cash received from disposal of investment securities | $657.4M |
| Prepayments and investments in equity investees | ($9.4B) |
| Cash received from disposal of equity investments | $3.3B |
| Cash paid for loan originations | ($30.3B) |
| Cash received from loan repayments | $32.1B |
| Purchase of property, equipment and software | ($2.0B) |
| Purchase of intangible assets | ($29.9M) |
| Cash paid for construction in progress | ($3.8B) |
| Purchase of land use rights | ($782.8M) |
| Cash received from the sales of long-lived assets | $5.4B |
| Loans settled by JD Digits | $513.0M |
| Other investing activities | ($247.5M) |
| Net cash used in investing activities | ($27.8B) |
| Repurchase of ordinary shares | -131.0M |
| Proceeds from issuance of ordinary shares pursuant to stock plans | 94.4M |
JD.com Inc ADR score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.