JD.com JD
NASDAQ JD
$27.85 -0.39 (-1.36%)
As of: Sep 1, 2026 · 2:51 PM EDT

JD.com (JD) Capital Expenditures (2013 - 2026)

JD.com (JD) posted quarterly Capital Expenditures of -$227.0 million for Q1 2026, down 17.01% year-over-year from -$273.5 million in Q1 2025, and up 42.39% quarter-over-quarter from -$394.0 million in Q4 2025.

Analysis

JD.com (JD) Capital Expenditures (2013 - 2026) Analysis & Trends

JD.com (JD) has reported Capital Expenditures for 14 consecutive years, with -$227.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Capital Expenditures fell 17.01% year-over-year to -$227.0 million; the TTM figure through Mar 2026 stood at -$1.2 billion (down 31.54% YoY), while the FY2025 annual figure was $1.1 billion, up 52.52% from the prior year.
  • Capital Expenditures climbed to -$227.0 million in Q1 2026 per JD's latest filing, from -$394.0 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at -$77.0 million in Q2 2022 and bottomed at -$394.0 million in Q4 2025.
  • Historically, Capital Expenditures has averaged -$231.6 million across 5 years, with a median of -$227.0 million in 2026.
  • On a YoY basis, Capital Expenditures climbed as much as 48.98% in 2022 and fell as far as 331.04% in 2022.
  • JD.com's Capital Expenditures stood at -$223.0 million in 2022, then declined by 24.22% to -$277.0 million in 2023, then rose by 11.55% to -$245.0 million in 2024, then slumped by 60.82% to -$394.0 million in 2025, then surged by 42.39% to -$227.0 million in 2026.
  • Business Quant data shows JD's Capital Expenditures at -$227.0 million in Q1 2026, -$394.0 million in Q4 2025, and -$353.0 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capex (Qtr)
1 Amazon Com 2,735.27 Bn 2,612.28 Bn 198.88 Bn 98.41 Bn
2 PDD Holdings 116.19 Bn -48,010.22 Bn 9.45 Bn -
3 DoorDash 98.67 Bn 93.32 Bn 2.35 Bn 141.00 Mn
4 Mercadolibre 98.66 Bn 83.46 Bn 4.16 Bn 441.00 Mn
5 Sea 67.43 Bn 59.03 Bn 3.55 Bn -
6 Ebay 46.79 Bn 43.48 Bn 2.30 Bn 223.00 Mn
7 JD.com 39.63 Bn 7.08 Bn 16.50 Bn -673.00 Mn
8 Coupang 28.43 Bn 22.32 Bn 2.49 Bn 317.00 Mn
9 Wayfair 12.38 Bn 11.24 Bn 1.05 Bn 26.00 Mn
10 Maplebear 11.74 Bn 10.89 Bn 751.00 Mn 13.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -673.00 Mn
Jun 30, 2026 -673.00 Mn
Mar 31, 2026 -227.00 Mn
Mar 31, 2026 -227.00 Mn
Dec 31, 2025 -394.00 Mn
Dec 31, 2025 -394.00 Mn
Sep 30, 2025 -826.00 Mn
Sep 30, 2025 -826.00 Mn
Jun 30, 2025 -469.00 Mn
Jun 30, 2025 -469.00 Mn
Mar 31, 2025 -194.00 Mn
Mar 31, 2025 -194.00 Mn
Dec 31, 2024 -245.00 Mn
Dec 31, 2024 -245.00 Mn
Sep 30, 2024 -734.00 Mn
Sep 30, 2024 -734.00 Mn
Jun 30, 2024 -448.00 Mn
Jun 30, 2024 -448.00 Mn
Mar 31, 2024 -211.00 Mn
Mar 31, 2024 -211.00 Mn