JD.com (JD) Operating Leases (2019 - 2025)

JD.com (JD) has 7 years of Operating Leases data on file, last reported at $4.7 billion in Q4 2025.

• Quarterly Operating Leases rose 85.18% year-over-year to $4.7 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $4.7 billion (up 85.18% YoY) and the FY2025 annual result came in at $3.4 billion, up 36.64% from the prior year.
• Operating Leases improved to $4.7 billion in Q4 2025 per JD's latest filing, from $2.5 billion in the prior quarter.
• Across five years, Operating Leases topped out at $4.7 billion in Q4 2025 and bottomed at $1.9 billion in Q4 2023.
• The 5-year median for Operating Leases is $3.2 billion (2022), against an average of $3.1 billion.
• The widest annual swing landed in 2021, when Operating Leases soared 106.16%; it then plunged 40.4% in 2023.
• Tracing JD's Operating Leases over 5 years: stood at $3.2 billion in 2021, then retreated by 0.05% to $3.2 billion in 2022, then slumped by 40.4% to $1.9 billion in 2023, then soared by 32.71% to $2.5 billion in 2024, then surged by 85.18% to $4.7 billion in 2025.
• Per Business Quant, the three latest JD Operating Leases figures stand at $4.7 billion (Q4 2025), $2.5 billion (Q4 2024), and $1.9 billion (Q4 2023).

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