JD.com (JD) Operating Leases (2016 - 2026)
JD.com (JD) recorded Operating Leases of $1.48 billion in Q2 2026, up 28.0% from $1.16 billion a year earlier and up 7.7% from the prior quarter.
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Analysis
JD.com (JD) Operating Leases (2016 - 2026) Analysis & Trends
At the end of FY2025, JD.com reported Operating Leases of $1.34 billion, up 29.0% from FY2024.
- Annual Operating Leases has a five-year compound annual growth rate of 9.7% (FY2020 to FY2025).
- Across earlier years, Operating Leases came in at $1.04 billion in FY2024 (-4.6%), $1.09 billion in FY2023 (-2.1%), $1.12 billion in FY2022 (+6.6%) and $1.05 billion in FY2021 (+23.8%).
- The Q2 2026 figure is the highest quarterly Operating Leases in data going back to Q4 2016.
- On a year-over-year basis, Operating Leases has increased for five consecutive quarters, with growth averaging 12.3% over the last eight quarters.
- Peak year-over-year performance for Operating Leases in the last five years was growth of 36.0% in Q3 2021, against a decline of 6.2% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.38 billion (Q1 2026), $1.33 billion (Q4 2025) and $1.25 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,793.10 Bn | 2,309.80 Bn | 104.83 Bn |
| 2 | Home Depot | 289.04 Bn | 282.28 Bn | 16.12 Bn |
| 3 | Tjx Companies | 156.54 Bn | 134.08 Bn | 5.07 Bn |
| 4 | Lowes Companies | 103.75 Bn | 96.71 Bn | 8.58 Bn |
| 5 | Ross Stores | 71.75 Bn | 54.68 Bn | 2.12 Bn |
| 6 | O Reilly Automotive | 71.48 Bn | 70.57 Bn | 2.52 Bn |
| 7 | Target | 69.68 Bn | 64.27 Bn | 8.94 Bn |
| 8 | Autozone | 47.75 Bn | 46.65 Bn | 2.52 Bn |
| 9 | Carvana | 42.66 Bn | 33.15 Bn | 1.38 Bn |
| 10 | JD.com | 38.04 Bn | -82.16 Bn | 8.71 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.48 Bn |
| Mar 31, 2026 | 1.37 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.24 Bn |
| Jun 30, 2025 | 1.16 Bn |
| Mar 31, 2025 | 1.07 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 1.07 Bn |
| Jun 30, 2024 | 1.08 Bn |
| Mar 31, 2024 | 1.10 Bn |
| Dec 31, 2023 | 1.08 Bn |
| Sep 30, 2023 | 1.12 Bn |
| Jun 30, 2023 | 1.13 Bn |
| Mar 31, 2023 | 1.16 Bn |
| Dec 31, 2022 | 1.08 Bn |
| Sep 30, 2022 | 1.12 Bn |
| Jun 30, 2022 | 1.04 Bn |
| Mar 31, 2022 | 1.05 Bn |
| Dec 31, 2021 | 1.04 Bn |
| Sep 30, 2021 | 989.96 Mn |
API Access
JD.com Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=JD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "JD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=JD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();