JD Q3 2025 Earnings — Income Statement Breakdown
For its Q3 2025 period (ending 2025-09-30), JD reported revenue of $299.1B, gross profit of $50.5B (16.9% gross margin), operating income of −$1.4B, and net income of $6.4B (2.1% net margin). The flow of revenue into costs and profit is visualized below.
What changed
JD was profitable; no comparable cached period is available.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | Not available | Not available | Not available |
Consensus estimate data is not available for this report.
JD Q3 2025 Income Statement
| Line item | Amount (RMB) | % of revenue |
|---|---|---|
| Revenue | $299.1B | 100% |
| Cost of Revenue | −$248.6B | 83.1% |
| Gross Profit | $50.5B | 16.9% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$51.9B | 17.3% |
| Operating Income | −$1.4B | -0.5% |
| Other Income, net | $8.0B | 2.7% |
| Income Tax Expense | −$252M | 0.1% |
| Net Income | $6.4B | 2.1% |
Source: original SEC filing (filed 2025-11-13). Accession 0001193125-25-278665. Data normalized by EarningsFyi.