JD.com (JD) Notes Payables (2013 - 2026)
JD.com (JD) posted quarterly Notes Payables of $1.2 billion for Q1 2026, up 105.83% year-over-year from $583.0 million in Q1 2025, and up 6.2% quarter-over-quarter from $1.1 billion in Q4 2025.
JD.com (JD) Notes Payables (2013 - 2026) Analysis & Trends
JD.com (JD) has reported Notes Payables for 14 consecutive years, with $1.2 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Notes Payables rose 105.83% year-over-year to $1.2 billion; the TTM figure through Mar 2026 stood at $1.2 billion (up 105.83% YoY), while the FY2025 annual figure was $1.1 billion, up 10.3% from the prior year.
- Notes Payables rose to $1.2 billion in Q1 2026 per JD's latest filing, from $1.1 billion in the prior quarter.
- Across five years, Notes Payables topped out at $2.7 billion in Q1 2022 and bottomed at $583.0 million in Q1 2025.
- Historically, Notes Payables has averaged $1.6 billion across 5 years, with a median of $1.7 billion in 2022.
- Annual changes were most pronounced in 2022 — Notes Payables surged 2256.95% — and 2024, when it plunged 64.94%.
- JD.com's Notes Payables stood at $1.7 billion in 2022, then sank by 59.06% to $699.2 million in 2023, then surged by 50.95% to $1.1 billion in 2024, then advanced by 7.06% to $1.1 billion in 2025, then climbed by 6.2% to $1.2 billion in 2026.
- Business Quant data shows JD's Notes Payables at $1.2 billion in Q1 2026, $1.1 billion in Q4 2025, and $2.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,924.81 Bn | 2,801.82 Bn | 198.88 Bn |
| 2 | PDD Holdings | 507.43 Bn | 447.89 Bn | 9.83 Bn |
| 3 | Mercadolibre | 97.63 Bn | 82.44 Bn | 4.16 Bn |
| 4 | DoorDash | 92.84 Bn | 87.49 Bn | 2.35 Bn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn |
| 6 | Sea | 78.11 Bn | 69.60 Bn | 3.15 Bn |
| 7 | Ebay | 47.53 Bn | 44.23 Bn | 2.30 Bn |
| 8 | Coupang | 29.77 Bn | 23.66 Bn | 2.49 Bn |
| 9 | Zkh | 16.08 Bn | 16.08 Bn | 51.11 Mn |
| 10 | Wayfair | 13.71 Bn | 12.57 Bn | 1.05 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.20 Bn |
| Dec 31, 2025 | 1.13 Bn |
| Sep 30, 2025 | 2.40 Bn |
| Jun 30, 2025 | 1.63 Bn |
| Mar 31, 2025 | 583.00 Mn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 1.38 Bn |
| Mar 31, 2024 | 729.00 Mn |
| Dec 31, 2023 | 699.16 Mn |
| Sep 30, 2023 | 1.88 Bn |
| Jun 30, 2023 | 2.48 Bn |
| Mar 31, 2023 | 2.08 Bn |
| Dec 31, 2022 | 1.71 Bn |
| Sep 30, 2022 | 2.53 Bn |
| Jun 30, 2022 | 2.05 Bn |
| Mar 31, 2022 | 2.71 Bn |
| Dec 31, 2021 | 683.20 Mn |
| Sep 30, 2021 | 1.09 Bn |
| Jun 30, 2021 | 87.10 Mn |
| Mar 31, 2021 | 155.33 Mn |