JD.com annual free cash flow
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2025
JD.com Free Cash Flow (FCF) History (JD)
JD.com reported $1.60B in free cash flow for fiscal 2025, a decrease of 77.89% from the previous fiscal year, with a free cash flow margin of 0.85%.
View full JD.com company overviewJD.com free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.60B | −$5.63B | −77.89% | +0.85% |
| 2024 | 2024-12-31 | $7.23B | −$590.0M | −7.55% | +4.55% |
| 2023 | 2023-12-31 | $7.82B | $230.0M | +3.03% | +5.12% |
| 2022 | 2022-12-31 | $7.59B | $1.82B | +31.59% | +5.00% |
| 2021 | 2021-12-31 | $5.76B | −$752.2M | −11.54% | +3.86% |
| 2020 | 2020-12-31 | $6.52B | $2.96B | +83.40% | +5.70% |
| 2019 | 2019-12-31 | $3.55B | $535.6M | +17.75% | +4.29% |
| 2018 | 2018-12-31 | $3.02B | −$795.6M | −20.86% | +4.49% |
| 2017 | 2017-12-31 | $3.81B | $2.56B | +203.76% | +6.85% |
| 2016 | 2016-12-31 | $1.26B | $1.54B | — | +3.35% |
| 2015 | 2015-12-31 | −$280.7M | −$441.4M | — | −1.00% |
| 2014 | 2014-12-31 | $160.7M | — | — | +0.87% |
JD.com free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $6.52B to $1.60B, a compound annual decline of 24.51%.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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