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Side-by-side financial comparison of JD.com, Inc. (JD) and Proficient Auto Logistics, Inc (PAL). Click either name above to swap in a different company.

Proficient Auto Logistics, Inc is the larger business by last-quarter revenue ($93.7B vs $53.9B, roughly 1.7× JD.com, Inc.). On growth, JD.com, Inc. posted the faster year-over-year revenue change (12.2% vs -1.6%).

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...

Proficient Auto Logistics, Inc. is a specialized automotive sector logistics provider. It offers tailored solutions including finished vehicle transport, auto parts storage and distribution, and supply chain support for automotive industry stakeholders, prioritizing reliable, efficient service delivery.

JD vs PAL — Head-to-Head

Bigger by revenue
PAL
PAL
1.7× larger
PAL
$93.7B
$53.9B
JD
Growing faster (revenue YoY)
JD
JD
+13.8% gap
JD
12.2%
-1.6%
PAL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
JD
JD
PAL
PAL
Revenue
$53.9B
$93.7B
Net Profit
$-78.0M
Gross Margin
14.6%
Operating Margin
-1.5%
-7.4%
Net Margin
-0.1%
Revenue YoY
12.2%
-1.6%
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
JD
JD
PAL
PAL
Q1 26
$93.7B
Q4 25
$53.9B
$430.4M
Q3 25
$42.0B
Q2 25
$49.8B
Q1 25
$41.5B
Q4 24
$48.0B
Q3 24
$37.1B
$91.5M
Q2 24
$40.1B
Net Profit
JD
JD
PAL
PAL
Q1 26
Q4 25
$-78.0M
Q3 25
$896.0M
Q2 25
$937.0M
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.8B
$-1.4M
Q2 24
$1.9B
Gross Margin
JD
JD
PAL
PAL
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
JD
JD
PAL
PAL
Q1 26
-7.4%
Q4 25
-1.5%
-7.5%
Q3 25
-0.4%
Q2 25
-0.2%
Q1 25
3.5%
Q4 24
2.6%
Q3 24
4.6%
-2.4%
Q2 24
3.6%
Net Margin
JD
JD
PAL
PAL
Q1 26
Q4 25
-0.1%
Q3 25
2.1%
Q2 25
1.9%
Q1 25
3.7%
Q4 24
3.3%
Q3 24
4.9%
-1.5%
Q2 24
4.7%
EPS (diluted)
JD
JD
PAL
PAL
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
$-0.05
Q2 24
$0.56

Balance Sheet & Financial Strength

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

Metric
JD
JD
PAL
PAL
Cash + ST InvestmentsLiquidity on hand
$30.5B
$9.8M
Total DebtLower is stronger
$41.7B
$49.4M
Stockholders' EquityBook value
$32.2B
Total Assets
$99.4B
$466.4M
Debt / EquityLower = less leverage
1.30×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
JD
JD
PAL
PAL
Q1 26
$9.8M
Q4 25
$30.5B
$14.3M
Q3 25
$27.9B
Q2 25
$29.9B
Q1 25
$26.8B
Q4 24
$32.1B
Q3 24
$27.2B
$16.8M
Q2 24
$27.8B
Total Debt
JD
JD
PAL
PAL
Q1 26
$49.4M
Q4 25
$41.7B
$53.7M
Q3 25
$8.4B
Q2 25
$7.9B
Q1 25
$7.8B
Q4 24
$31.7B
Q3 24
$7.7B
$64.0M
Q2 24
$7.8B
Stockholders' Equity
JD
JD
PAL
PAL
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
$338.5M
Q2 24
$39.5B
Total Assets
JD
JD
PAL
PAL
Q1 26
$466.4M
Q4 25
$99.4B
$477.0M
Q3 25
$100.2B
Q2 25
$98.7B
Q1 25
$93.4B
Q4 24
$95.7B
Q3 24
$91.7B
$498.2M
Q2 24
$89.7B
Debt / Equity
JD
JD
PAL
PAL
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×
0.19×
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
JD
JD
PAL
PAL
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
JD
JD
PAL
PAL
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
JD
JD
PAL
PAL
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
JD
JD
PAL
PAL
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
JD
JD
PAL
PAL
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
JD
JD
PAL
PAL
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

JD
JD

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

PAL
PAL

Segment breakdown not available.

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