JD.com annual r&d spending
2019
2020
2021
2022
2023
2024
2025
JD.com R&D Spending Growth & History (JD)
JD.com's r&d spending was $3.18B for fiscal 2025.
View full JD.com company overviewJD.com annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $3.18B | $846.0M | +36.26% |
| 2024 | 2024-12-31 | $2.33B | $24.0M | +1.04% |
| 2023 | 2023-12-31 | $2.31B | −$140.0M | −5.72% |
| 2022 | 2022-12-31 | $2.45B | −$114.0M | −4.45% |
| 2021 | 2021-12-31 | $2.56B | $88.1M | +3.56% |
| 2020 | 2020-12-31 | $2.47B | $375.1M | +17.86% |
| 2019 | 2019-12-31 | $2.10B | — | — |
JD.com r&d spending trends
Over the last five fiscal years, JD.com's r&d spending increased from $2.47B to $3.18B, a change of $704.1M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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