JD.com's revenue in the second quarter was 346.4 billion yuan, a year-on-year decrease of 2.9%, and operating profit turned positive to 4.5 billion yuan

JD Group released its Q2 2026 financial report, with revenue of 346.4 billion yuan (approximately 51.1 billion USD), a year-on-year decrease of 2.9%, mainly affected by the high base from the same period last year; operating profit of 4.5 billion yuan, compared to a loss of 900 million yuan in the same period last year, with an operating profit margin of 1.3%; net profit of 7.1 billion yuan (approximately 1.1 billion USD), a year-on-year increase of 15%; Non-GAAP net profit of 8.9 billion yuan (approximately 1.3 billion USD), a year-on-year increase of 20%. JD Retail's operating profit was 13.5 billion yuan, with a profit margin of 4.6%, setting a new high for the promotional season; JD Logistics revenue was 64.1 billion yuan, a year-on-year increase of 24%, and JD Takeout's losses significantly narrowed year-on-year. R&D expenses increased by 37.7% year-on-year to 7.3 billion yuan, mainly invested in AI technology capabilities and talent. In the first half of the year, approximately 2.5% of common stock was repurchased, amounting to 1 billion USD, with a remaining repurchase quota of 1 billion USD.

In terms of business, JD MALL has opened 30 stores nationwide, completing the strategic layout in first-tier cities; a strategic cooperation was reached with Chanel to open an official flagship store; Costco has settled in JD to open the only official e-commerce flagship store in China. The AI intelligent entity JoyInside has collaborated with nearly 200 brands, with the number of connected devices increasing more than three times compared to last year's Double Eleven. JD Logistics' unmanned vehicles have been operating regularly in over 20 provinces. JD Health's AI intelligent entity "Dawei Doctor" served nearly four times more users during the 618 period year-on-year. By the end of the quarter, the total number of employees in the JD ecosystem exceeded 900,000, with total human resources expenditure reaching 171.7 billion yuan in the past 12 months.