JD.com (JD) Enterprise Value (2012 - 2026)
JD.com (JD) posted quarterly Enterprise Value of -$8.4 billion for Q1 2026, down 60.15% year-over-year from -$21.0 billion in Q1 2025, and up 20.44% quarter-over-quarter from -$10.5 billion in Q4 2025.
JD.com (JD) Enterprise Value (2012 - 2026) Analysis & Trends
JD.com (JD) has reported Enterprise Value for 15 consecutive years, with -$8.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Enterprise Value fell 60.15% year-over-year to -$8.4 billion; the TTM figure through Mar 2026 stood at -$8.4 billion (down 60.15% YoY), while the FY2025 annual figure was -$11.8 billion, up 46.32% from the prior year.
- Enterprise Value grew to -$8.4 billion in Q1 2026 per JD's latest filing, from -$10.5 billion in the prior quarter.
- Across five years, Enterprise Value topped out at $8.7 billion in Q1 2024 and bottomed at -$22.5 billion in Q4 2022.
- Historically, Enterprise Value has averaged -$7.5 billion across 5 years, with a median of -$8.5 billion in 2025.
- Annual changes were most pronounced in 2023 — Enterprise Value soared 165.02% — and 2024, when it plunged 238.73%.
- JD.com's Enterprise Value stood at -$22.5 billion in 2022, then advanced by 21.96% to -$17.5 billion in 2023, then dropped by 27.46% to -$22.3 billion in 2024, then surged by 52.93% to -$10.5 billion in 2025, then grew by 20.44% to -$8.4 billion in 2026.
- Business Quant data shows JD's Enterprise Value at -$8.4 billion in Q1 2026, -$10.5 billion in Q4 2025, and -$8.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,942.84 Bn | 2,819.86 Bn | 198.88 Bn | -122.99 Bn |
| 2 | PDD Holdings | 507.66 Bn | 448.11 Bn | 9.83 Bn | -59.54 Bn |
| 3 | Mercadolibre | 97.39 Bn | 82.19 Bn | 4.16 Bn | -15.20 Bn |
| 4 | DoorDash | 93.67 Bn | 88.33 Bn | 2.35 Bn | -5.34 Bn |
| 5 | JD.com | 87.53 Bn | 58.35 Bn | 7.66 Bn | -19.91 Bn |
| 6 | Sea | 77.98 Bn | 69.46 Bn | 3.15 Bn | -8.52 Bn |
| 7 | Ebay | 47.41 Bn | 44.11 Bn | 2.30 Bn | -3.31 Bn |
| 8 | Coupang | 29.58 Bn | 23.47 Bn | 2.49 Bn | -6.11 Bn |
| 9 | Zkh | 15.88 Bn | 15.88 Bn | 51.11 Mn | -257,636.62 |
| 10 | Wayfair | 13.67 Bn | 12.52 Bn | 1.05 Bn | -1.14 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.37 Bn |
| Dec 31, 2025 | -10.52 Bn |
| Sep 30, 2025 | -8.46 Bn |
| Jun 30, 2025 | -8.49 Bn |
| Mar 31, 2025 | -5.23 Bn |
| Dec 31, 2024 | -22.35 Bn |
| Sep 30, 2024 | -4.96 Bn |
| Jun 30, 2024 | -11.91 Bn |
| Mar 31, 2024 | 8.67 Bn |
| Dec 31, 2023 | -17.53 Bn |
| Sep 30, 2023 | 8.53 Bn |
| Jun 30, 2023 | 8.59 Bn |
| Mar 31, 2023 | 8.60 Bn |
| Dec 31, 2022 | -22.47 Bn |
| Sep 30, 2022 | -13.68 Bn |
| Jun 30, 2022 | -13.21 Bn |
| Mar 31, 2022 | -14.88 Bn |
| Dec 31, 2021 | -23.25 Bn |
| Sep 30, 2021 | -15.24 Bn |
| Jun 30, 2021 | -16.50 Bn |