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Side-by-side financial comparison of High Tide Inc. (HITI) and JD.com, Inc. (JD). Click either name above to swap in a different company.

JD.com, Inc. is the larger business by last-quarter revenue ($53.9B vs $142.5M, roughly 378.4× High Tide Inc.). JD.com, Inc. runs the higher net margin — -0.1% vs -1.9%, a 1.7% gap on every dollar of revenue.

High Tide Inc. is a Canada-based consumer retail and lifestyle company focused on the global cannabis sector. It operates a large network of licensed cannabis dispensaries across North America, sells cannabis consumption accessories and branded cannabis products, and runs multiple leading e-commerce platforms catering to recreational and medical cannabis users.

JD.com, Inc., also known as JINGDONG, formerly called 360buy, is a Chinese e-commerce company headquartered in Beijing. With revenues more than US158.8 billion in 2024, JD.com is China’s largest retailer by revenue, and ranks 47 on Fortune Global 500. It is one of the two massive B2C online retailers in China by transaction volume and revenue, and is a major competitor to Alibaba-run Tmall. JD.com’s portfolio spans across retail, technology, logistics, health care, industrials, property manag...

HITI vs JD — Head-to-Head

Bigger by revenue
JD
JD
378.4× larger
JD
$53.9B
$142.5M
HITI
Higher net margin
JD
JD
1.7% more per $
JD
-0.1%
-1.9%
HITI

Income Statement — Q1 2026 vs Q4 2025

Metric
HITI
HITI
JD
JD
Revenue
$142.5M
$53.9B
Net Profit
$-2.7M
$-78.0M
Gross Margin
14.6%
Operating Margin
0.0%
-1.5%
Net Margin
-1.9%
-0.1%
Revenue YoY
12.2%
Net Profit YoY
-105.0%
EPS (diluted)
$-0.15

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HITI
HITI
JD
JD
Q1 26
$142.5M
Q4 25
$53.9B
Q3 25
$131.7M
$42.0B
Q2 25
$124.3M
$49.8B
Q1 25
$41.5B
Q4 24
$128.1M
$48.0B
Q3 24
$360.6K
$37.1B
Q2 24
$236.2K
$40.1B
Net Profit
HITI
HITI
JD
JD
Q1 26
$-2.7M
Q4 25
$-78.0M
Q3 25
$991.0K
$896.0M
Q2 25
$166.0K
$937.0M
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$991
$1.8B
Q2 24
$166
$1.9B
Gross Margin
HITI
HITI
JD
JD
Q1 26
Q4 25
14.6%
Q3 25
26.9%
16.9%
Q2 25
28.4%
15.9%
Q1 25
15.9%
Q4 24
28.1%
15.2%
Q3 24
27.3%
17.3%
Q2 24
30.2%
15.8%
Operating Margin
HITI
HITI
JD
JD
Q1 26
0.0%
Q4 25
-1.5%
Q3 25
2.3%
-0.4%
Q2 25
1.6%
-0.2%
Q1 25
3.5%
Q4 24
2.2%
2.6%
Q3 24
2.2%
4.6%
Q2 24
2.0%
3.6%
Net Margin
HITI
HITI
JD
JD
Q1 26
-1.9%
Q4 25
-0.1%
Q3 25
0.8%
2.1%
Q2 25
0.1%
1.9%
Q1 25
3.7%
Q4 24
3.3%
Q3 24
0.3%
4.9%
Q2 24
0.1%
4.7%
EPS (diluted)
HITI
HITI
JD
JD
Q1 26
Q4 25
$-0.15
Q3 25
$0.24
Q2 25
$0.29
Q1 25
$0.50
Q4 24
$0.44
Q3 24
$0.55
Q2 24
$0.56

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HITI
HITI
JD
JD
Cash + ST InvestmentsLiquidity on hand
$30.5B
Total DebtLower is stronger
$41.7B
Stockholders' EquityBook value
$32.2B
Total Assets
$99.4B
Debt / EquityLower = less leverage
1.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HITI
HITI
JD
JD
Q1 26
Q4 25
$30.5B
Q3 25
$27.9B
Q2 25
$29.9B
Q1 25
$26.8B
Q4 24
$32.1B
Q3 24
$27.2B
Q2 24
$27.8B
Total Debt
HITI
HITI
JD
JD
Q1 26
Q4 25
$41.7B
Q3 25
$8.4B
Q2 25
$7.9B
Q1 25
$7.8B
Q4 24
$31.7B
Q3 24
$7.7B
Q2 24
$7.8B
Stockholders' Equity
HITI
HITI
JD
JD
Q1 26
Q4 25
$32.2B
Q3 25
$42.8B
Q2 25
$41.5B
Q1 25
$42.5B
Q4 24
$32.8B
Q3 24
$42.2B
Q2 24
$39.5B
Total Assets
HITI
HITI
JD
JD
Q1 26
Q4 25
$99.4B
Q3 25
$100.2B
Q2 25
$98.7B
Q1 25
$93.4B
Q4 24
$95.7B
Q3 24
$91.7B
Q2 24
$89.7B
Debt / Equity
HITI
HITI
JD
JD
Q1 26
Q4 25
1.30×
Q3 25
0.20×
Q2 25
0.19×
Q1 25
0.18×
Q4 24
0.97×
Q3 24
0.18×
Q2 24
0.20×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HITI
HITI
JD
JD
Operating Cash FlowLast quarter
$3.0B
Free Cash FlowOCF − Capex
$2.7B
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HITI
HITI
JD
JD
Q1 26
Q4 25
$3.0B
Q3 25
$-1.1B
Q2 25
$3.4B
Q1 25
$-2.5B
Q4 24
$3.4B
Q3 24
$-886.0M
Q2 24
$7.0B
Free Cash Flow
HITI
HITI
JD
JD
Q1 26
Q4 25
$2.7B
Q3 25
$-1.1B
Q2 25
$3.3B
Q1 25
$-2.6B
Q4 24
$3.3B
Q3 24
$-1.4B
Q2 24
$6.8B
FCF Margin
HITI
HITI
JD
JD
Q1 26
Q4 25
5.0%
Q3 25
-2.7%
Q2 25
6.5%
Q1 25
-6.4%
Q4 24
6.9%
Q3 24
-3.7%
Q2 24
16.9%
Capex Intensity
HITI
HITI
JD
JD
Q1 26
Q4 25
0.5%
Q3 25
0.0%
Q2 25
0.3%
Q1 25
0.3%
Q4 24
0.2%
Q3 24
1.3%
Q2 24
0.5%
Cash Conversion
HITI
HITI
JD
JD
Q1 26
Q4 25
Q3 25
-1.26×
Q2 25
3.64×
Q1 25
-1.62×
Q4 24
2.18×
Q3 24
-0.48×
Q2 24
3.73×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HITI
HITI

Segment breakdown not available.

JD
JD

JD Retail$43.2B80%
JD Logistics$9.1B17%
New Businesses$2.0B4%

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