JD.com (JD) Receivables (2013 - 2025)
JD.com (JD) posted quarterly Receivables of $4.2 billion for Q4 2025, down 8.05% year-over-year from $4.5 billion in Q4 2024, and down 8.05% quarter-over-quarter from $4.5 billion in Q4 2024.
Analysis
JD.com (JD) Receivables (2013 - 2025) Analysis & Trends
JD.com (JD) has reported Receivables for 13 consecutive years, with $4.2 billion the latest figure, recorded in Q4 2025.
- In Q4 2025, Receivables fell 8.05% year-over-year to $4.2 billion; the TTM figure through Dec 2025 stood at $4.2 billion (down 8.05% YoY), while the FY2025 annual figure was $4.4 billion, up 5.46% from the prior year.
- Receivables eased to $4.2 billion in Q4 2025 per JD's latest filing, from $4.5 billion in the prior quarter.
- Across five years, Receivables topped out at $4.5 billion in Q4 2024 and bottomed at $2.7 billion in Q4 2021.
- Historically, Receivables has averaged $3.6 billion across 5 years, with a median of $3.5 billion in 2022.
- Annual changes were most pronounced in 2022 — Receivables jumped 46.21% — and 2023, when it decreased 21.76%.
- JD.com's Receivables stood at $2.7 billion in 2021, then surged by 46.21% to $4.0 billion in 2022, then dropped by 21.76% to $3.1 billion in 2023, then surged by 45.18% to $4.5 billion in 2024, then fell by 8.05% to $4.2 billion in 2025.
- Business Quant data shows JD's Receivables at $4.2 billion in Q4 2025, $4.5 billion in Q4 2024, and $2.9 billion in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,746.20 Bn | 2,623.21 Bn | 198.88 Bn | 88.09 Bn |
| 2 | PDD Holdings | 116.28 Bn | -48,010.13 Bn | 9.45 Bn | - |
| 3 | DoorDash | 98.95 Bn | 93.61 Bn | 2.35 Bn | 1.31 Bn |
| 4 | Mercadolibre | 98.90 Bn | 83.71 Bn | 4.16 Bn | 418.00 Mn |
| 5 | Sea | 67.51 Bn | 59.11 Bn | 3.55 Bn | - |
| 6 | Ebay | 46.90 Bn | 43.59 Bn | 2.30 Bn | 1.74 Bn |
| 7 | JD.com | 39.64 Bn | 7.09 Bn | 16.50 Bn | - |
| 8 | Coupang | 28.35 Bn | 22.24 Bn | 2.49 Bn | 363.00 Mn |
| 9 | Wayfair | 12.44 Bn | 11.30 Bn | 1.05 Bn | 184.00 Mn |
| 10 | Maplebear | 11.73 Bn | 10.88 Bn | 751.00 Mn | 979.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 4.45 Bn |
| Dec 31, 2024 | 3.78 Bn |
| Mar 31, 2024 | 2.86 Bn |
| Dec 31, 2023 | 2.98 Bn |
| Dec 31, 2022 | 3.36 Bn |
| Dec 31, 2021 | 1.82 Bn |
| Dec 31, 2020 | 1.16 Bn |
| Mar 31, 2020 | 1.55 Bn |
| Dec 31, 2019 | 665.42 Mn |
| Sep 30, 2019 | 2.37 Bn |
| Dec 31, 2018 | 257.62 Bn |
| Dec 31, 2017 | 4.11 Bn |
| Dec 31, 2016 | 2.15 Bn |
| Mar 31, 2016 | 1.86 Bn |
| Dec 31, 2015 | 1.12 Bn |
| Sep 30, 2015 | 1.18 Bn |
| Jun 30, 2015 | 1.01 Bn |
| Mar 31, 2015 | 560.66 Mn |
| Dec 31, 2014 | 329.77 Mn |
| Sep 30, 2014 | 321.49 Mn |