Inferra AIResearch Tools

Inferra AI / Company / JD

JD.com

JD · Consumer Discretionary

Last earnings Aug 13, 2026

Key results

Net revenuequarter

US$ 1

First Quarter 2026 Highlights Net revenues were RMB315.7 billion (US$ 1 45.8 billion) for the first quarter of 2026, an increase of 4.9% from the first quarter of 2025.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Net incomequarter

US$0.7 billion

Net income attributable to the Company s ordinary shareholders was RMB5.1 billion (US$0.7 billion) for the first quarter of 2026, compared to RMB10.9 billion for the first quarter of 2025.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Non-GAAP 2 net income attributable to the Company s ordinary shareholders was RMB7.4 billion (US$1.1 billion) for the first quarter of 2026, compared to RMB12.8 billion for the first quarter of 2025.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Diluted net incomequarter

US$0.51

Diluted net income per ADS 3 was RMB3.54 (US$0.51) for the first quarter of 2026, compared to RMB7.19 for the first quarter of 2025.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Non-GAAP diluted net income per ADS was RMB5.12 (US$0.74) for the first quarter of 2026, compared to RMB8.41 for the first quarter of 2025.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Operating marginquarter

5.6%

Operating margin of JD Retail was 5.6% for the first quarter of 2026, compared to 4.9% for the first quarter of 2025.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Revenuequarter

4.9%

1 In the first quarter, our total revenues were up 4.9% year-on-year, while non-GAAP net profit attributable to ordinary shareholders reached RMB7.4 billion, both reflecting our strengthening sequential momentum, said Ian Su Shan, Chief Financial Officer of JD.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Net revenues increased by 4.9% to RMB315.7 billion (US$45.8 billion) for the first quarter of 2026 from RMB301.1 billion for the first quarter of 2025.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Research and developmentquarter

$(6,866) million

Research and development (4,621 ) (6,866 ) (995 )

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

AI analysis

Q1 2026 · reported May 12, 2026

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Net income · Q1 2026
US$0.7B
EX-99 · May 12, 2026
Net revenue · Q1 2026
US$ 1
EX-99 · May 12, 2026
Diluted net income · Q1 2026
US$0.51
EX-99 · May 12, 2026
Operating margin · Q1 2026
5.6%
+0.7 pts vs year ago computed from stated figures
EX-99 · May 12, 2026

The quarter in charts

Operating margin

Percent of revenue, as stated

0%3.75%7.5%4.9%Same quarter last year5.6%Q1 2026

EX-99 · May 12, 2026 Margin values as stated in the release.

Headline figures

MetricQ1 2026Prior qtrYear ago
Net revenueUS$ 1——
Net incomeUS$0.7 billion——
Diluted net incomeUS$0.51——
Operating margin5.6%—4.9%
Revenue4.9%——
Research and development$(6,866) million——

EX-99 · May 12, 2026

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Operating margin5.6%

Capital allocation

During the first quarter, we repurchased approximately 1.6% of our total shares outstanding for a total of US$631 million, and completed our annual dividend payment in April.

Updates of Share Repurchase Program Pursuant to the Company s share repurchase program of up to US$5.0 billion adopted in August 2024 and effective through August 2027, the Company repurchased a total of approximately 44.5 million Class A ordinary shares (equivalent to 22.3 million ADSs) for a total of US$631 million during the three months ended March 31, 2026.

Company-stated claims

Nov 13, 2025

Historical · increased by 110.5% · other

“Marketing expenses increased by 110.5% to RMB21.1 billion (US$3.0 billion) for the third quarter of 2025 from RMB10.0 billion for the third quarter of 2024.”

EX-99 · Nov 13, 2025
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

JD.COM ANNOUNCES FIRST QUARTER 2026 RESULTS

Based on: Earnings release (6-K exhibit) + parent 6-K — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

During the first quarter, we repurchased approximately 1.6% of our total shares outstanding for a total of US$631 million, and completed our annual dividend payment in April.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Updates of Share Repurchase Program Pursuant to the Company s share repurchase program of up to US$5.0 billion adopted in August 2024 and effective through August 2027, the Company repurchased a total of approximately 44.5 million Class A ordinary shares (equivalent to 22.3 million ADSs) for a total of US$631 million during the three months ended March 31, 2026.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

The total number of shares repurchased by the Company during the three months ended March 31, 2026 amounted to approximately 1.6% of its ordinary shares outstanding as of December 31, 2025 4 .

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

All of these ordinary shares were repurchased from Nasdaq and the Hong Kong Stock Exchange pursuant to the share repurchase program.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

The remaining amount under the share repurchase program was US$1.4 billion as of March 31, 2026.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Net cash used in investing activities was RMB27.9 billion (US$4.0 billion) for the first quarter of 2026, consisting primarily of net cash paid for time deposits and wealth management products, and capital expenditures, partially offset by net cash received from loan repayments.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Strategy & priorities

Going forward, we will continue to drive shareholder value through a dual focus on healthy business development and sustainable shareholder returns.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

com deepened its strategic partnerships with leading home appliance manufacturers, such as Midea, Haier, Hisense, and TCL.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

The collaborations focus on enhancing service experience, joint product innovation, channel penetration and expansion, and marketing operation synergy, thereby driving sales growth across various home appliance categories.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Additionally, during the first quarter, JD Health also entered into strategic partnerships with several leading pharmaceutical companies, including Organon, Kenvue, CR Jiangzhong and Shouer Pharmaceutical, further strengthening its supply chain integration capabilities and ecosystem synergistic advantages within the healthcare sector.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

JD Industrials: In the first quarter, JD Industrials ( JDI ) continued to strengthen its industrial supply chain capabilities and deepened its strategic collaborations with leading suppliers, including SATA Tools, 3M China and Linde (China) Forklift Truck.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Risks & headwinds

Forward-looking statements involve inherent risks and uncertainties.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

com or its business partners operate; potential changes in laws, regulations and governmental policies or changes in the interpretation and implementation of laws, regulations and governmental policies that could adversely affect the industries in which JD.

SEC original ↗JD.com — Earnings release (6-K exhibit)EX-99May 12, 2026

Documents

Earnings deck slides

0 decks with slide view

JD.com — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

JD.com — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

JD.com — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

JD.com — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

Amazon (AMZN) Consumer DiscretionaryTesla, Inc. (TSLA) Consumer DiscretionaryAlibaba Group (BABA) Consumer DiscretionaryeBay Inc. (EBAY) Consumer DiscretionaryToyota Motor (TM) Consumer DiscretionaryO'Reilly Automotive (ORLY) Consumer DiscretionaryLi Auto Inc. (LI) Consumer DiscretionaryV F Corp (VFC) Consumer Discretionary

Filings

73 documents

Earnings releases

16 documents

Presentations

4 documents

Transcripts

0 documents

No transcripts for JD.com are held in this edition of the library.

Mentioned by

6 companies

Other tracked companies whose held documents mention JD.com by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.