JD.com Reports Revenue and Profit Growth for 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 5 days ago
0mins
Should l Buy JD?
Source: Yahoo Finance
- Significant Revenue Growth: JD.com reported total revenue of RMB 1.3 trillion for 2025, marking a 13% year-on-year increase, with Q4 revenue at RMB 352 billion; despite a 2% decline in retail revenue, the overall performance demonstrates the company's resilience and growth potential in the market.
- Profit and Cash Flow Improvement: The net profit for Q4 was RMB 1.1 billion, with full-year free cash flow at RMB 6 billion, although down from RMB 44 billion in 2024, the company’s buyback of 6.3% of outstanding shares reflects a commitment to shareholder returns, enhancing market confidence.
- Strong Growth in New Business: JD's new business surged by 201% year-on-year in Q4 and increased by 157% for the full year, indicating success in the company's diversification strategy, particularly in a rapidly changing market environment, which strengthens its competitive edge.
- Advertising Revenue Continues to Rise: Advertising revenue grew by 15% in Q4, reflecting effective strategies in marketing and platform promotion, further driving overall revenue growth and laying a foundation for future business expansion.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy JD?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on JD
Wall Street analysts forecast JD stock price to rise
9 Analyst Rating
7 Buy
1 Hold
1 Sell
Moderate Buy
Current: 27.470
Low
28.00
Averages
38.83
High
50.50
Current: 27.470
Low
28.00
Averages
38.83
High
50.50
About JD
JD.Com Inc is a company principally engaged in the e-commerce business, including online retail and online marketplace mainly through its retail mobile apps and www.jd.com website (collectively, JD Platform). The Company operates its businesses through four segments. JD Retail segment, including JD Health, JD Industrials, and other components, mainly engage in online retail, online marketplace and marketing services in China. JD Logistics segment includes both internal and external logistics businesses. Dada segment is a local on-demand delivery and retail platform in China. New Businesses segment mainly include JD Property, Jingxi and overseas businesses. The Company mainly conducts its businesses in the domestic market and overseas markets.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Quarterly Revenue Surge: In Q4 2025, ATRenew reported total revenues of RMB 6.254 billion, a 29.0% year-over-year increase that exceeded expectations, demonstrating the company's strong performance in the consumer electronics recycling market and solidifying its market leadership.
- Significant Operating Profit Growth: The adjusted operating income for Q4 reached RMB 181.5 million, up 38.1% year-over-year, reflecting enhanced operational efficiencies driven by technology and automation, indicating potential for sustainable growth in the future.
- Annual Net Income Recovery: ATRenew achieved a net income of RMB 336.3 million for the full year 2025, a significant rebound from a net loss of RMB 8.2 million in 2024, showcasing a robust recovery and increased market demand in the second-hand consumer electronics sector.
- Shareholder Return Plan Implementation: ATRenew announced a cash dividend of $0.1 per share to be paid in April 2026, totaling approximately $23.5 million, reflecting the company's commitment to shareholders and confidence in future growth prospects.
See More
- Quarterly Revenue Surge: In Q4 2025, ATRenew's total net revenues increased by 29.0% year-over-year to RMB 6,254.2 million (approximately USD 894.3 million), exceeding expectations and demonstrating strong market performance.
- Significant Profit Growth: The company's operating income for Q4 reached RMB 171.6 million (approximately USD 24.5 million), a remarkable 223.2% increase from RMB 53.1 million in the same quarter of 2024, reflecting improvements in economies of scale and operational efficiency.
- Impressive Annual Performance: For the full year 2025, total net revenues grew by 28.9% to RMB 21,048.3 million (approximately USD 3,009.9 million), while adjusted operating income rose by 35.5%, highlighting the company's strong growth potential in the pre-owned consumer electronics market.
- Positive Future Outlook: ATRenew anticipates total revenues for Q1 2026 to be between RMB 5,860.0 million and RMB 5,960.0 million, representing a year-over-year increase of 25.9% to 28.1%, indicating the company's optimistic outlook on market demand and strategic expansion plans.
See More
- Market Sentiment Recovery: The KraneShares CSI China Internet ETF (KWEB) rose 2.8% on Monday, marking its best single-day performance in over a month, indicating a resurgence of investor confidence in Chinese tech stocks.
- Alibaba Sentiment Surge: A 620% spike in message volume for Alibaba over the past 24 hours on Stocktwits has led to an 'extremely bullish' sentiment among retail investors, reflecting strong interest that could drive the stock price higher.
- Optimistic Earnings Expectations: Alibaba is set to release its December-quarter results on March 19, with analysts forecasting a 4.8% increase in sales to $34.9 billion, although adjusted profits are expected to decline by about 50%, highlighting cautious optimism about future growth.
- Overall Market Rebound: Asian markets are rebounding as U.S. signals suggest the war with Iran may be nearing an end, leading to a recovery in stocks like Alibaba, JD.com, and Baidu, which reflects a positive market reaction to easing geopolitical risks.
See More
- Strong Earnings Report: Marvell Technology reported fourth-quarter revenue of $2.22 billion, slightly exceeding the market consensus of $2.21 billion, indicating robust performance in the semiconductor sector and reinforcing its market position.
- Earnings Beat Expectations: Adjusted earnings came in at $0.80 per share, surpassing the expected $0.79, demonstrating significant progress in cost control and operational efficiency, which enhances investor confidence.
- Significant Stock Surge: Following the positive earnings report, Marvell's stock price jumped 18.4% to $89.56 during Friday's trading session, reflecting optimistic market expectations regarding the company's future growth potential.
- Positive Market Reaction: Despite a broader market decline with the Dow Jones index falling around 500 points, Marvell's strong earnings attracted investor attention, showcasing its resilience in an uncertain market environment.
See More
- New Board Members: ATRenew has appointed Yue Teng as a new member of the Board and the compensation committee, while Rui Zhu joins the nominating and corporate governance committee, filling vacancies from Mervin Ye Zhou's resignation, thus expanding the Board to eight members and enhancing governance structure.
- Yue Teng's Background: Yue Teng serves as a director in JD.com's Strategic Investment Department, overseeing logistics and industrial property investments, and his extensive industry experience is expected to bring deep strategic insights to ATRenew, further strengthening collaboration with JD.com.
- Company Vision: Since its inception in 2011, ATRenew has focused on reducing the environmental impact of idle goods through technology-driven recycling and trade-in solutions, promoting circular economy standards while enhancing transaction efficiency and pricing transparency to boost market competitiveness.
- Future Outlook: ATRenew's founder and CEO, Kerry Xuefeng Chen, stated that Mr. Teng's addition will provide valuable business and financial perspectives, aiding the company in maintaining its leadership in sustainable consumption offerings and driving corporate performance and long-term value creation.
See More
- New Board Members: ATRenew has appointed Yue Teng as a new member of the Board and the compensation committee, alongside Rui Zhu joining the nominating and corporate governance committee, filling vacancies from Mervin Ye Zhou's resignation, expanding the Board to eight members.
- Yue Teng's Background: Yue Teng serves as a director in JD.com's Strategic Investment Department, overseeing investments in logistics and industrial properties, and his extensive business and finance experience is expected to provide deep strategic insights that will enhance ATRenew's collaboration with JD.com.
- Company Vision: Since its inception in 2011, ATRenew has focused on reducing the environmental impact of idle goods through technology-driven recycling and trade-in solutions, promoting circular economy standards while enhancing transaction efficiency and pricing transparency for consumers and merchants.
- Future Outlook: Kerry Xuefeng Chen, the company's founder and CEO, stated that Mr. Teng's addition will offer valuable perspectives to boost corporate performance and long-term value creation, further solidifying ATRenew's leadership in sustainable consumption offerings.
See More










