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Side-by-side financial comparison of Humana (HUM) 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 $39.6B, roughly 1.4× Humana). Humana runs the higher net margin — 3.0% vs -0.1%, a 3.1% gap on every dollar of revenue. On growth, Humana posted the faster year-over-year revenue change (23.5% vs 12.2%). Over the past eight quarters, JD.com, Inc.'s revenue compounded faster (26.8% CAGR vs 15.9%).

Humana Inc. is an American for-profit health insurance company based in Louisville, Kentucky. In 2024, the company ranked 92 on the Fortune 500 list, which made it the highest ranked company based in Kentucky. It is the fourth largest health insurance provider in the U.S.

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...

HUM vs JD — Head-to-Head

Bigger by revenue
JD
JD
1.4× larger
JD
$53.9B
$39.6B
HUM
Growing faster (revenue YoY)
HUM
HUM
+11.2% gap
HUM
23.5%
12.2%
JD
Higher net margin
HUM
HUM
3.1% more per $
HUM
3.0%
-0.1%
JD
Faster 2-yr revenue CAGR
JD
JD
Annualised
JD
26.8%
15.9%
HUM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HUM
HUM
JD
JD
Revenue
$39.6B
$53.9B
Net Profit
$1.2B
$-78.0M
Gross Margin
14.6%
Operating Margin
3.6%
-1.5%
Net Margin
3.0%
-0.1%
Revenue YoY
23.5%
12.2%
Net Profit YoY
-4.7%
-105.0%
EPS (diluted)
$9.83
$-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
HUM
HUM
JD
JD
Q1 26
$39.6B
Q4 25
$32.5B
$53.9B
Q3 25
$32.6B
$42.0B
Q2 25
$32.4B
$49.8B
Q1 25
$32.1B
$41.5B
Q4 24
$29.2B
$48.0B
Q3 24
$29.4B
$37.1B
Q2 24
$29.5B
$40.1B
Net Profit
HUM
HUM
JD
JD
Q1 26
$1.2B
Q4 25
$-796.0M
$-78.0M
Q3 25
$195.0M
$896.0M
Q2 25
$545.0M
$937.0M
Q1 25
$1.2B
$1.6B
Q4 24
$-693.0M
$1.6B
Q3 24
$480.0M
$1.8B
Q2 24
$679.0M
$1.9B
Gross Margin
HUM
HUM
JD
JD
Q1 26
Q4 25
14.6%
Q3 25
16.9%
Q2 25
15.9%
Q1 25
15.9%
Q4 24
15.2%
Q3 24
17.3%
Q2 24
15.8%
Operating Margin
HUM
HUM
JD
JD
Q1 26
3.6%
Q4 25
-2.5%
-1.5%
Q3 25
1.2%
-0.4%
Q2 25
3.4%
-0.2%
Q1 25
6.3%
3.5%
Q4 24
-1.9%
2.6%
Q3 24
2.5%
4.6%
Q2 24
3.9%
3.6%
Net Margin
HUM
HUM
JD
JD
Q1 26
3.0%
Q4 25
-2.4%
-0.1%
Q3 25
0.6%
2.1%
Q2 25
1.7%
1.9%
Q1 25
3.9%
3.7%
Q4 24
-2.4%
3.3%
Q3 24
1.6%
4.9%
Q2 24
2.3%
4.7%
EPS (diluted)
HUM
HUM
JD
JD
Q1 26
$9.83
Q4 25
$-6.59
$-0.15
Q3 25
$1.62
$0.24
Q2 25
$4.51
$0.29
Q1 25
$10.30
$0.50
Q4 24
$-5.73
$0.44
Q3 24
$3.98
$0.55
Q2 24
$5.62
$0.56

Balance Sheet & Financial Strength

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

Metric
HUM
HUM
JD
JD
Cash + ST InvestmentsLiquidity on hand
$5.0B
$30.5B
Total DebtLower is stronger
$14.0B
$41.7B
Stockholders' EquityBook value
$18.6B
$32.2B
Total Assets
$55.3B
$99.4B
Debt / EquityLower = less leverage
0.75×
1.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HUM
HUM
JD
JD
Q1 26
$5.0B
Q4 25
$19.9B
$30.5B
Q3 25
$22.1B
$27.9B
Q2 25
$21.7B
$29.9B
Q1 25
$22.1B
$26.8B
Q4 24
$20.4B
$32.1B
Q3 24
$24.1B
$27.2B
Q2 24
$22.9B
$27.8B
Total Debt
HUM
HUM
JD
JD
Q1 26
$14.0B
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
HUM
HUM
JD
JD
Q1 26
$18.6B
Q4 25
$17.7B
$32.2B
Q3 25
$18.5B
$42.8B
Q2 25
$18.2B
$41.5B
Q1 25
$17.8B
$42.5B
Q4 24
$16.4B
$32.8B
Q3 24
$17.6B
$42.2B
Q2 24
$16.7B
$39.5B
Total Assets
HUM
HUM
JD
JD
Q1 26
$55.3B
Q4 25
$48.9B
$99.4B
Q3 25
$49.7B
$100.2B
Q2 25
$50.4B
$98.7B
Q1 25
$50.9B
$93.4B
Q4 24
$46.5B
$95.7B
Q3 24
$50.0B
$91.7B
Q2 24
$50.1B
$89.7B
Debt / Equity
HUM
HUM
JD
JD
Q1 26
0.75×
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
HUM
HUM
JD
JD
Operating Cash FlowLast quarter
$1.3B
$3.0B
Free Cash FlowOCF − Capex
$2.7B
FCF MarginFCF / Revenue
5.0%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$2.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HUM
HUM
JD
JD
Q1 26
$1.3B
Q4 25
$-1.7B
$3.0B
Q3 25
$971.0M
$-1.1B
Q2 25
$1.3B
$3.4B
Q1 25
$331.0M
$-2.5B
Q4 24
$-528.0M
$3.4B
Q3 24
$1.9B
$-886.0M
Q2 24
$1.2B
$7.0B
Free Cash Flow
HUM
HUM
JD
JD
Q1 26
Q4 25
$-1.9B
$2.7B
Q3 25
$836.0M
$-1.1B
Q2 25
$1.2B
$3.3B
Q1 25
$236.0M
$-2.6B
Q4 24
$-682.0M
$3.3B
Q3 24
$1.7B
$-1.4B
Q2 24
$1.1B
$6.8B
FCF Margin
HUM
HUM
JD
JD
Q1 26
Q4 25
-5.7%
5.0%
Q3 25
2.6%
-2.7%
Q2 25
3.6%
6.5%
Q1 25
0.7%
-6.4%
Q4 24
-2.3%
6.9%
Q3 24
5.9%
-3.7%
Q2 24
3.7%
16.9%
Capex Intensity
HUM
HUM
JD
JD
Q1 26
Q4 25
0.6%
0.5%
Q3 25
0.4%
0.0%
Q2 25
0.4%
0.3%
Q1 25
0.3%
0.3%
Q4 24
0.5%
0.2%
Q3 24
0.4%
1.3%
Q2 24
0.4%
0.5%
Cash Conversion
HUM
HUM
JD
JD
Q1 26
1.06×
Q4 25
Q3 25
4.98×
-1.26×
Q2 25
2.33×
3.64×
Q1 25
0.27×
-1.62×
Q4 24
2.18×
Q3 24
3.87×
-0.48×
Q2 24
1.79×
3.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HUM
HUM

Premiums$37.7B95%
Services$1.7B4%
Investment income$262.0M1%

JD
JD

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

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