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.
Analysis
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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,748.52 Bn | 2,625.53 Bn | 198.88 Bn | -26.99 Bn |
| 2 | PDD Holdings | 116.58 Bn | -48,009.82 Bn | 9.45 Bn | 3.77 Bn |
| 3 | DoorDash | 100.08 Bn | 94.73 Bn | 2.35 Bn | 803.00 Mn |
| 4 | Mercadolibre | 99.02 Bn | 83.83 Bn | 4.16 Bn | 3.22 Bn |
| 5 | Sea | 67.54 Bn | 59.14 Bn | 3.55 Bn | 1.51 Bn |
| 6 | Ebay | 46.96 Bn | 43.65 Bn | 2.30 Bn | 326.00 Mn |
| 7 | JD.com | 39.78 Bn | 7.22 Bn | 16.50 Bn | 6.29 Bn |
| 8 | Coupang | 28.55 Bn | 22.44 Bn | 2.49 Bn | 50.00 Mn |
| 9 | Wayfair | 12.76 Bn | 11.62 Bn | 1.05 Bn | 334.00 Mn |
| 10 | Maplebear | 11.78 Bn | 10.93 Bn | 751.00 Mn | 481.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.29 Bn |
| Jun 30, 2026 | 6.29 Bn |
| Mar 31, 2026 | 307.00 Mn |
| Mar 31, 2026 | 307.00 Mn |
| Dec 31, 2025 | 3.38 Bn |
| Dec 31, 2025 | 3.38 Bn |
| Sep 30, 2025 | -303.00 Mn |
| Sep 30, 2025 | -303.00 Mn |
| Jun 30, 2025 | 3.84 Bn |
| Jun 30, 2025 | 3.84 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 | 5.47 Bn |
| Sep 30, 2024 | 5.47 Bn |
| Jun 30, 2024 | 7.43 Bn |
| Jun 30, 2024 | 7.43 Bn |
| Mar 31, 2024 | -1.36 Bn |
| Mar 31, 2024 | -1.36 Bn |