JD.com Q4 Revenues Miss by 1.5B Yuan, Announces $1.4B Dividend and $3B Buybacks
JD.com delivered fourth-quarter net revenues of 352.3 billion yuan, up 1.5% year-on-year but 1.5 billion yuan below estimates, alongside a net loss of 2.7 billion yuan versus a 9.9 billion yuan profit a year earlier. The company announced a US$1.4 billion dividend and US$3.0 billion share repurchase for 2025.
1. Fourth Quarter Results
JD.com reported fourth-quarter net revenues of 352.3 billion yuan, representing 1.5% year-on-year growth but falling 1.5 billion yuan short of analyst estimates. The e-commerce giant swung to a net loss of 2.7 billion yuan compared with a 9.9 billion yuan profit in the same period last year, reflecting intense competition and tapering government subsidy benefits.
2. Dividend and Share Repurchase
For the full year 2025, JD.com approved an annual cash dividend of US$1.4 billion and a share repurchase program totaling US$3.0 billion, equivalent to 6.3% of outstanding shares. The capital return initiatives aim to bolster shareholder value amid a challenging consumer environment and support the company’s long-term growth strategy.