JD.com, Inc. (JDCMF) Operating Expenses (2013 - 2026)

JD.com has disclosed Operating Expenses across 14 years of filings, most recently posting -$1.5 billion for Q1 2026.

• In Q1 2026, Operating Expenses fell 55.97% year-over-year to -$1.5 billion; the TTM figure through Mar 2026 stood at -$5.3 billion (down 42.46% YoY), while the FY2025 annual figure was $4.9 billion, up 37.76% from the prior year.
• Operating Expenses declined to -$1.5 billion in Q1 2026, from -$1.4 billion in the prior quarter.
• Over the last five years, Operating Expenses for JDCMF reached as high as -$833.0 million in Q1 2024 and fell as low as -$1.5 billion in Q1 2026.
• The 5-year median for Operating Expenses is -$963.1 million (2022), against an average of -$1.0 billion.
• Annual changes were most pronounced in 2023 — Operating Expenses grew 18.52% — and 2026, when it tumbled 55.97%.
• A 5-year view of Operating Expenses shows it stood at -$1.2 billion in 2022, then advanced by 18.52% to -$946.0 million in 2023, then rose by 0.95% to -$937.0 million in 2024, then sank by 52.19% to -$1.4 billion in 2025, then fell by 5.85% to -$1.5 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$1.5 billion, -$1.4 billion, and -$1.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.