<div id="readability-page-1"><h3>Claim 55% Off TipRanks</h3><ul><li>Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions </li><li> Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks </li></ul>JD.com, Inc. Class A ( (HK:9618) ) just unveiled an update. JD.com reported first-quarter 2026 net revenues of RMB315.7 billion, up 4.9% year on year, while net income attributable to ordinary shareholders fell to RMB5.1 billion and non-GAAP net income to RMB7.4 billion, reflecting lower profitability at the group level. Diluted net income per ADS roughly halved versus a year earlier, even as JD Retail’s income from operations rose to RMB15.0 billion with operating margin improving to 5.6%, underscoring stronger performance in its core retail unit. Management highlighted record annual active customers, higher shopping frequency and expanding synergies across JD’s ecosystem, as well as steady bottom-line improvements in its New Businesses segment. The company described the quarter as a solid start to 2026 and signaled confidence in its full-year trajectory and long-term value creation, suggesting continued focus on profitability and operational resilience despite the year-on-year decline in overall net income. The most recent analyst rating on (HK:9618) stock is a Buy with a HK$155.00 price target. To see the full list of analyst forecasts on JD.com, Inc. Class A stock, see the HK:9618 Stock Forecast page. More about JD.com, Inc. Class A JD.com, Inc. is a leading supply chain-based technology and service provider, best known for its large-scale retail and e-commerce operations in China and its listings on Nasdaq and the Hong Kong Stock Exchange. The company operates with a weighted voting rights structure, offering both Class A and Class B shares, and runs its flagship JD Retail segment alongside newer growth businesses. Average Trading Volume: 11,994,499 Technical Sentiment Signal: Sell Current Market Cap: HK$324.9B </div>

09618

02618

06618

JD.com reported a 4.9% year-on-year increase in Q1 2026 net revenues, totaling RMB315.7 billion, despite a decline in net income to RMB5.1 billion. The company's retail segment showed improved operating margins at 5.6%, driven by record active customers and higher shopping frequency. Management expressed confidence in long-term value creation, focusing on profitability and operational resilience. Analysts rate the stock as a Buy with a target price of HK$155.00, while the current market cap stands at HK$324.9 billion.

- JD.com, Inc. reported first-quarter 2026 net revenues of RMB 315.7 billion, a 4.9% year-on-year increase, but net income attributable to ordinary shareholders decreased to RMB 5.1 billion.  
- The company noted improvements in its core retail unit, with JD Retail’s income from operations rising to RMB 15.0 billion and an operating margin of 5.6%.  
- Management expressed confidence in its full-year trajectory despite the decline in overall net income, maintaining focus on profitability and operational resilience.

Tip Ranks

JD.com Starts 2026 with Revenue Growth and Stronger Retail Margins Despite Profit Decline