JD.com (JD) Inventory Average (2014 - 2026)
JD.com (JD) posted quarterly Inventory Average of $13.7 billion for Q1 2026, up 7.07% year-over-year from $12.8 billion in Q1 2025, and down 0.89% quarter-over-quarter from $13.8 billion in Q4 2025.
JD.com (JD) Inventory Average (2014 - 2026) Analysis & Trends
JD.com (JD) has reported Inventory Average for 13 consecutive years, with $13.7 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory Average rose 7.07% year-over-year to $13.7 billion; the TTM figure through Mar 2026 stood at $13.7 billion (up 7.07% YoY), while the FY2025 annual figure was $12.9 billion, up 18.6% from the prior year.
- Inventory Average eased to $13.7 billion in Q1 2026 per JD's latest filing, from $13.8 billion in the prior quarter.
- Across five years, Inventory Average topped out at $14.3 billion in Q3 2025 and bottomed at $8.8 billion in Q3 2023.
- Historically, Inventory Average has averaged $11.2 billion across 5 years, with a median of $10.7 billion in 2022.
- Annual changes were most pronounced in 2023 — Inventory Average decreased 19.0% — and 2025, when it surged 44.24%.
- JD.com's Inventory Average stood at $10.5 billion in 2022, then decreased by 13.0% to $9.2 billion in 2023, then advanced by 24.63% to $11.4 billion in 2024, then grew by 21.12% to $13.8 billion in 2025, then declined by 0.89% to $13.7 billion in 2026.
- Business Quant data shows JD's Inventory Average at $13.7 billion in Q1 2026, $13.8 billion in Q4 2025, and $14.3 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,927.23 Bn | 2,804.24 Bn | 198.88 Bn | 37.36 Bn |
| 2 | PDD Holdings | 505.53 Bn | 445.99 Bn | 9.83 Bn | - |
| 3 | Mercadolibre | 97.91 Bn | 82.71 Bn | 4.16 Bn | 749.50 Mn |
| 4 | DoorDash | 93.36 Bn | 88.01 Bn | 2.35 Bn | - |
| 5 | JD.com | 87.12 Bn | 57.94 Bn | 7.66 Bn | 13.67 Bn |
| 6 | Sea | 78.15 Bn | 69.63 Bn | 3.15 Bn | 225.96 Mn |
| 7 | Ebay | 47.32 Bn | 44.01 Bn | 2.30 Bn | - |
| 8 | Coupang | 29.67 Bn | 23.56 Bn | 2.49 Bn | 2.05 Bn |
| 9 | Zkh | 16.19 Bn | 16.19 Bn | 51.11 Mn | 93,762.68 |
| 10 | Wayfair | 13.67 Bn | 12.53 Bn | 1.05 Bn | 81.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.70 Bn |
| Dec 31, 2025 | 13.82 Bn |
| Sep 30, 2025 | 14.32 Bn |
| Jun 30, 2025 | 13.80 Bn |
| Mar 31, 2025 | 12.79 Bn |
| Dec 31, 2024 | 11.41 Bn |
| Sep 30, 2024 | 10.05 Bn |
| Jun 30, 2024 | 9.57 Bn |
| Mar 31, 2024 | 9.43 Bn |
| Dec 31, 2023 | 9.16 Bn |
| Sep 30, 2023 | 8.81 Bn |
| Jun 30, 2023 | 8.99 Bn |
| Mar 31, 2023 | 10.09 Bn |
| Dec 31, 2022 | 10.52 Bn |
| Sep 30, 2022 | 10.72 Bn |
| Jun 30, 2022 | 11.10 Bn |
| Mar 31, 2022 | 11.34 Bn |
| Dec 31, 2021 | 10.57 Bn |
| Sep 30, 2021 | 9.75 Bn |
| Jun 30, 2021 | 9.64 Bn |