What changed in JD.com, Inc.'s latest annual report
In the year ended 31 Dec 2025, JD.com, Inc.'s revenue rose 17.9% to USD 187.20bn, from USD 158.76bn; cash and cash equivalents rose 32.4% to USD 19.66bn, from USD 14.84bn; long-term debt rose 31.4% to CNY 41.67bn, from CNY 31.70bn.
Year ended 31 Dec 2025. Source: 20-F filed 16 Apr 2026, read it on SEC EDGAR.
USD 158.76bn to USD 187.20bn
The figures, year on year
| Item | Year before | Latest year | Change |
|---|---|---|---|
| Revenue | 158.76bn | 187.20bn | Up 17.9% |
| Total assets | 95.66bn | 99.41bn | Up 3.9% |
| Total liabilities | 52.74bn | 57.40bn | Up 8.8% |
| Long-term debt | CNY 31.70bn | CNY 41.67bn | Up 31.4% |
| Cash and cash equivalents | 14.84bn | 19.66bn | Up 32.4% |
| Shareholders' equity | 32.79bn | 32.18bn | Down 1.9% |
Questions people ask
Did JD.com, Inc.'s revenue grow last year?
Revenue grew 17.9%, from USD 158.76bn to USD 187.20bn in the year ended 31 Dec 2025.
How much cash and debt does JD.com, Inc. have?
At its latest year end (31 Dec 2025), JD.com, Inc. reported cash and cash equivalents of USD 19.66bn and long-term debt of CNY 41.67bn.
Where do these numbers come from?
From JD.com, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.
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