JD.com (JD) Free Cash Flow (2013 - 2026)
JD.com (JD) posted quarterly Free Cash Flow of $306.1 million for Q1 2026, up 113.2% year-over-year from $143.6 million in Q1 2025, and down 90.94% quarter-over-quarter from $3.4 billion in Q4 2025.
JD.com (JD) Free Cash Flow (2013 - 2026) Analysis & Trends
JD.com (JD) has reported Free Cash Flow for 14 consecutive years, with $306.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Free Cash Flow rose 113.2% year-over-year to $306.1 million; the TTM figure through Mar 2026 stood at $6.6 billion (down 17.4% YoY), while the FY2025 annual figure was $1.6 billion, down 78.49% from the prior year.
- Free Cash Flow declined to $306.1 million in Q1 2026 per JD's latest filing, from $3.4 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $7.2 billion in Q2 2024 and bottomed at -$3.0 billion in Q1 2023.
- Historically, Free Cash Flow has averaged $1.9 billion across 5 years, with a median of $2.3 billion in 2023.
- Annual changes were most pronounced in 2022 — Free Cash Flow surged 128.75% — and 2023, when it slumped 636.45%.
- JD.com's Free Cash Flow stood at $2.9 billion in 2022, then gained by 4.68% to $3.0 billion in 2023, then grew by 20.27% to $3.7 billion in 2024, then dropped by 7.55% to $3.4 billion in 2025, then tumbled by 90.94% to $306.1 million in 2026.
- Business Quant data shows JD's Free Cash Flow at $306.1 million in Q1 2026, $3.4 billion in Q4 2025, and -$770.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | -26.99 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 3.45 Bn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 3.22 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 803.00 Mn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 306.07 Mn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 1.06 Bn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 326.00 Mn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 50.00 Mn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | - |
| 10 | Wayfair | 13.66 Bn | 12.51 Bn | 1.05 Bn | 334.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 306.07 Mn |
| Mar 31, 2026 | 306.07 Mn |
| Dec 31, 2025 | 3.38 Bn |
| Dec 31, 2025 | 3.38 Bn |
| Sep 30, 2025 | -770.82 Mn |
| Sep 30, 2025 | -770.82 Mn |
| Jun 30, 2025 | 3.65 Bn |
| Jun 30, 2025 | 3.65 Bn |
| Mar 31, 2025 | -2.32 Bn |
| Mar 31, 2025 | -2.32 Bn |
| Dec 31, 2024 | 3.66 Bn |
| Dec 31, 2024 | 3.66 Bn |
| Sep 30, 2024 | -615.00 Mn |
| Sep 30, 2024 | -615.00 Mn |
| Jun 30, 2024 | 7.22 Bn |
| Jun 30, 2024 | 7.22 Bn |
| Mar 31, 2024 | -1.36 Bn |
| Mar 31, 2024 | -1.36 Bn |
| Dec 31, 2023 | 3.04 Bn |
| Dec 31, 2023 | 3.04 Bn |