JD.com, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $3.31B | $6.12B | $3.28B | $1.41B | $-701.0M | $7.56B | $1.71B | $-407.3M |
| Depreciation & Amortization | $1.39B | $1.22B | $1.17B | $1.05B | $978.0M | $929.9M | $837.1M | $808.7M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $676.0M | $411.0M | $677.0M | $1.10B | $1.43B | $636.9M | $530.7M | $532.3M |
| Net Cash from Operating Activities | $2.72B | $7.96B | $8.38B | $8.38B | $6.64B | $6.52B | $3.56B | $3.04B |
| Investing Activities | ||||||||
| Capital Expenditures | $1.12B | $733.0M | $567.0M | $797.0M | $873.0M | — | — | — |
| Business Acquisitions | $158.0M | $380.0M | — | $2.27B | $50.0M | $-102.9M | $5.9M | $2.8M |
| Net Cash from Investing Activities | $5.98B | $-119.0M | $-8.39B | $-7.83B | $-11.65B | $-8.86B | $-3.64B | $-3.79B |
| Financing Activities | ||||||||
| Dividends Paid | $1.48B | $1.13B | $949.0M | $1.90B | — | — | — | — |
| Stock Repurchases | $3.06B | $3.55B | $352.0M | $264.0M | $823.0M | $47.8M | $18.8M | $29.9M |
| Net Cash from Financing Activities | $-3.82B | $-2.88B | $-818.0M | $171.0M | $3.06B | $10.89B | $369.5M | $1.63B |
| Net Change in Cash | $4.85B | $4.98B | $-804.0M | $1.23B | $-2.19B | $7.77B | $346.2M | $1.12B |
| Free Cash Flow | $1.60B | $7.23B | $7.82B | $7.59B | $5.77B | — | — | — |