JD.com (JD) Operating Expenses (2013 - 2026)

JD.com (JD) has 14 years of Operating Expenses data on file, last reported at -$1.5 billion in Q1 2026.

• Quarterly Operating Expenses fell 55.77% year-over-year to -$1.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$5.3 billion (down 42.56% YoY) and the FY2025 annual result came in at $4.9 billion, up 37.76% from the prior year.
• Operating Expenses eased to -$1.5 billion in Q1 2026 per JD's latest filing, from -$1.4 billion in the prior quarter.
• Across five years, Operating Expenses topped out at -$833.0 million in Q1 2024 and bottomed at -$1.5 billion in Q1 2026.
• The 5-year median for Operating Expenses is -$957.0 million (2024), against an average of -$1.0 billion.
• The widest annual swing landed in 2023, when Operating Expenses advanced 18.52%; it then tumbled 55.77% in 2026.
• Tracing JD's Operating Expenses over 5 years: stood at -$1.2 billion in 2022, then rose by 18.52% to -$946.0 million in 2023, then grew by 0.95% to -$937.0 million in 2024, then sank by 52.19% to -$1.4 billion in 2025, then dropped by 5.85% to -$1.5 billion in 2026.
• Per Business Quant, the three latest JD Operating Expenses figures stand at -$1.5 billion (Q1 2026), -$1.4 billion (Q4 2025), and -$1.2 billion (Q3 2025).

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