StocksMedium•6 November 2026•
1 min read
JD.com Non-GAAP Net Income Rises 20.8% as Retail Margins Expand
Key Facts
1JD.com's non-GAAP net income rose 20.8% YoY to RMB 8.9 billion in Q2 FY2026, driven by retail margin expansion.
2JD Retail's gross margin expanded for the 17th consecutive quarter as advertising and commission revenues outpaced product sales.
JD.com's non-GAAP net income rose 20.8% year-over-year to reach RMB 8.9 billion in the second quarter of fiscal year 2026. Seeking Alpha reported that the performance was driven by retail margin expansion, as advertising and commission revenues outpaced product sales.
JD Retail's gross margin expanded for the 17th consecutive quarter, supported by narrowing losses in new business segments and improved cost discipline. JD shares closed at $28.64 on November 5, 2026, having traded between a low of $28.18 and a high of $29 during the session.