Growth Metrics

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 🔒
DateValue
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