JD.com (JDCMF) Cost of Revenue (2013 - 2026)
JD.com (JDCMF) reported Cost of Revenue of $38.1 billion for Q1 2026, up 9.12% year-over-year from $34.9 billion in Q1 2025, and down 10.41% on a QoQ basis from $42.5 billion in Q4 2025.
JD.com (JDCMF) has 14 years of Cost of Revenue data on file, last reported at $38.1 billion in Q1 2026.
- Quarterly Cost of Revenue rose 9.12% year-over-year to $38.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $157.4 billion (up 12.72% YoY) and the FY2025 annual result came in at $157.2 billion, up 17.67% from the prior year.
- Cost of Revenue retreated to $38.1 billion in Q1 2026 per JDCMF's latest filing, from $42.5 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $42.5 billion in Q4 2025 and bottomed at $28.6 billion in Q3 2023.
- The 5-year median for Cost of Revenue is $34.6 billion (2022), against an average of $34.7 billion.
- The widest annual swing landed in 2023, when Cost of Revenue dropped 7.37%; it then climbed 24.0% in 2025.
- Tracing JDCMF's Cost of Revenue over 5 years: stood at $36.8 billion in 2022, then gained by 0.46% to $37.0 billion in 2023, then gained by 8.86% to $40.3 billion in 2024, then grew by 5.57% to $42.5 billion in 2025, then fell by 10.41% to $38.1 billion in 2026.
- Per Business Quant, the three latest JDCMF Cost of Revenue figures stand at $38.1 billion (Q1 2026), $42.5 billion (Q4 2025), and $34.9 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,907.49 Bn | 2,764.40 Bn | 171.21 Bn | 10.31 Bn |
| 2 | Mercadolibre | 85.96 Bn | 80.31 Bn | 3.86 Bn | 982.00 Mn |
| 3 | DoorDash | 69.36 Bn | 64.50 Bn | 2.04 Bn | 1.99 Bn |
| 4 | PDD Holdings | 66.56 Bn | 41.90 Bn | 12.81 Bn | 4.91 Bn |
| 5 | Ebay | 48.95 Bn | 45.09 Bn | 2.29 Bn | 802.00 Mn |
| 6 | Coupang | 30.30 Bn | 30.21 Bn | 2.30 Bn | 6.21 Bn |
| 7 | Maplebear | 9.52 Bn | 8.83 Bn | 738.00 Mn | 230.00 Mn |
| 8 | Wayfair | 9.47 Bn | 8.40 Bn | 880.00 Mn | 2.05 Bn |
| 9 | Chewy | 9.33 Bn | 8.46 Bn | 959.70 Mn | 2.31 Bn |
| 10 | JD.com | - | - | 7.66 Bn | 38.08 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.08 Bn |
| Mar 31, 2026 | 38.08 Bn |
| Dec 31, 2025 | 42.50 Bn |
| Dec 31, 2025 | 42.50 Bn |
| Sep 30, 2025 | 34.92 Bn |
| Sep 30, 2025 | 34.92 Bn |
| Jun 30, 2025 | 41.88 Bn |
| Jun 30, 2025 | 41.88 Bn |
| Mar 31, 2025 | 34.90 Bn |
| Mar 31, 2025 | 34.90 Bn |
| Dec 31, 2024 | 40.26 Bn |
| Dec 31, 2024 | 40.26 Bn |
| Sep 30, 2024 | 30.69 Bn |
| Sep 30, 2024 | 30.69 Bn |
| Jun 30, 2024 | 33.78 Bn |
| Jun 30, 2024 | 33.78 Bn |
| Mar 31, 2024 | 30.51 Bn |
| Mar 31, 2024 | 30.51 Bn |
| Dec 31, 2023 | 36.98 Bn |
| Dec 31, 2023 | 36.98 Bn |
| Sep 30, 2023 | 28.64 Bn |
| Sep 30, 2023 | 28.64 Bn |
| Jun 30, 2023 | 33.99 Bn |
| Jun 30, 2023 | 33.99 Bn |
| Mar 31, 2023 | 30.13 Bn |
| Mar 31, 2023 | 30.13 Bn |
| Dec 31, 2022 | 36.81 Bn |
| Dec 31, 2022 | 36.81 Bn |
| Sep 30, 2022 | 29.15 Bn |
| Sep 30, 2022 | 29.15 Bn |
| Jun 30, 2022 | 34.59 Bn |
| Jun 30, 2022 | 34.59 Bn |
| Mar 31, 2022 | 32.53 Bn |
| Mar 31, 2022 | 32.53 Bn |
| Dec 31, 2021 | 37.47 Bn |
| Dec 31, 2021 | 37.47 Bn |
| Sep 30, 2021 | 29.12 Bn |
| Sep 30, 2021 | 29.12 Bn |
| Jun 30, 2021 | 34.39 Bn |
| Jun 30, 2021 | 34.39 Bn |
| Mar 31, 2021 | 26.57 Bn |
| Mar 31, 2021 | 26.57 Bn |
| Dec 31, 2020 | 29.61 Bn |
| Dec 31, 2020 | 29.61 Bn |
| Sep 30, 2020 | 21.71 Bn |
| Sep 30, 2020 | 21.71 Bn |
| Jun 30, 2020 | 24.40 Bn |
| Jun 30, 2020 | 24.40 Bn |
| Mar 31, 2020 | 17.47 Bn |
| Mar 31, 2020 | 17.47 Bn |
| Dec 31, 2019 | 21.07 Bn |
| Dec 31, 2019 | 21.07 Bn |
| Sep 30, 2019 | 16.05 Bn |
| Sep 30, 2019 | 16.05 Bn |
| Jun 30, 2019 | 18.67 Bn |
| Jun 30, 2019 | 18.67 Bn |
| Mar 31, 2019 | 15.33 Bn |
| Mar 31, 2019 | 15.33 Bn |
| Dec 31, 2018 | 16.82 Bn |
| Dec 31, 2018 | 16.82 Bn |
| Sep 30, 2018 | 12.91 Bn |
| Sep 30, 2018 | 12.91 Bn |
| Jun 30, 2018 | 15.99 Bn |
| Jun 30, 2018 | 15.99 Bn |
| Mar 31, 2018 | 13.71 Bn |
| Mar 31, 2018 | 13.71 Bn |
| Dec 31, 2017 | 14.73 Bn |
| Dec 31, 2017 | 14.73 Bn |
| Sep 30, 2017 | 10.64 Bn |
| Sep 30, 2017 | 10.64 Bn |
| Jun 30, 2017 | 11.88 Bn |
| Jun 30, 2017 | 11.88 Bn |
| Mar 31, 2017 | 9.30 Bn |
| Mar 31, 2017 | 9.30 Bn |
| Dec 31, 2016 | 10.05 Bn |
| Dec 31, 2016 | 10.05 Bn |
| Sep 30, 2016 | 7.66 Bn |
| Sep 30, 2016 | 7.66 Bn |
| Jun 30, 2016 | 8.35 Bn |
| Jun 30, 2016 | 8.35 Bn |
| Mar 31, 2016 | 7.17 Bn |
| Mar 31, 2016 | 7.17 Bn |
| Dec 31, 2015 | 7.33 Bn |
| Dec 31, 2015 | 7.33 Bn |
| Sep 30, 2015 | 5.98 Bn |
| Sep 30, 2015 | 5.98 Bn |
| Jun 30, 2015 | 6.45 Bn |
| Jun 30, 2015 | 6.45 Bn |
| Mar 31, 2015 | 5.19 Bn |
| Mar 31, 2015 | 5.19 Bn |
| Dec 31, 2014 | 4.89 Bn |
| Dec 31, 2014 | 4.89 Bn |
| Sep 30, 2014 | 4.15 Bn |
| Sep 30, 2014 | 4.15 Bn |
| Jun 30, 2014 | 4.10 Bn |
| Jun 30, 2014 | 4.10 Bn |
| Mar 31, 2014 | 3.35 Bn |
| Mar 31, 2014 | 3.35 Bn |
| Dec 31, 2013 | 2.97 Bn |
| Dec 31, 2013 | 2.97 Bn |
| Sep 30, 2013 | 2.66 Bn |
| Sep 30, 2013 | 2.66 Bn |
| Jun 30, 2013 | 2.58 Bn |
| Jun 30, 2013 | 2.58 Bn |