Alibaba Group Holding (BABA) Capital Expenditures (2013 - 2026)
Alibaba Group Holding's (BABA) quarterly Capital Expenditures came in at -$10.0 billion in Q2 2026, down 84.94% year-over-year from -$66.2 billion in Q2 2025, and down 158.74% quarter-over-quarter from -$3.9 billion in Q1 2026.
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Analysis
Alibaba Group Holding (BABA) Capital Expenditures (2013 - 2026) Analysis & Trends
Alibaba Group Holding has disclosed Capital Expenditures across 14 years of filings, most recently posting -$10.0 billion for Q2 2026.
- In Q2 2026, Capital Expenditures fell 84.94% year-over-year to -$10.0 billion; the TTM figure through Jun 2026 stood at -$21.9 billion (down 41.88% YoY), while the FY2026 annual figure was -$17.7 billion, down 52.31% from the prior year.
- Capital Expenditures came in at -$10.0 billion for Q2 2026 at Alibaba Group Holding, down from -$3.9 billion in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of -$366.0 million in Q1 2023 to a low of -$10.0 billion in Q2 2026.
- Average Capital Expenditures over 5 years is -$2.7 billion, with a median of -$1.7 billion recorded in 2022.
- Year-over-year, Capital Expenditures surged 74.78% in 2023 and slumped 328.9% in 2024.
- Over 5 years, Capital Expenditures stood at -$840.0 million in 2022, then retreated by 22.14% to -$1.0 billion in 2023, then plunged by 318.81% to -$4.3 billion in 2024, then advanced by 15.55% to -$3.6 billion in 2025, then sank by 174.79% to -$10.0 billion in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were -$10.0 billion in Q2 2026, -$3.9 billion in Q1 2026, and -$3.6 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,070.34 Bn | 3,641.31 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,876.83 Bn | 1,786.57 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Netflix | 297.14 Bn | 288.01 Bn | 6.52 Bn | 218.64 Mn |
| 4 | Alibaba Group Holding | 257.29 Bn | 222.03 Bn | 15.11 Bn | -9.97 Bn |
| 5 | Shopify | 184.36 Bn | 179.41 Bn | 1.71 Bn | 4.00 Mn |
| 6 | Uber Technologies | 141.62 Bn | 136.41 Bn | 6.38 Bn | 70.00 Mn |
| 7 | Booking Holdings | 117.14 Bn | 99.93 Bn | 4.98 Bn | 76.00 Mn |
| 8 | PDD Holdings | 112.73 Bn | 82.45 Bn | 9.45 Bn | - |
| 9 | AppLovin | 105.70 Bn | 102.65 Bn | 1.70 Bn | - |
| 10 | Spotify Technology | 105.08 Bn | 94.17 Bn | 1.86 Bn | -23.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -9.97 Bn |
| Mar 31, 2026 | -3.85 Bn |
| Dec 31, 2025 | -3.63 Bn |
| Sep 30, 2025 | -4.42 Bn |
| Jun 30, 2025 | -5.39 Bn |
| Mar 31, 2025 | -3.31 Bn |
| Dec 31, 2024 | -4.30 Bn |
| Sep 30, 2024 | -2.42 Bn |
| Jun 30, 2024 | -1.64 Bn |
| Mar 31, 2024 | -1.41 Bn |
| Dec 31, 2023 | -1.03 Bn |
| Sep 30, 2023 | -564.00 Mn |
| Jun 30, 2023 | -828.00 Mn |
| Mar 31, 2023 | -366.00 Mn |
| Dec 31, 2022 | -840.00 Mn |
| Sep 30, 2022 | -1.54 Bn |
| Jun 30, 2022 | -1.66 Bn |
| Mar 31, 2022 | -1.45 Bn |
| Dec 31, 2021 | -1.45 Bn |
| Sep 30, 2021 | -1.96 Bn |
API Access
Alibaba Group Holding Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BABA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "BABA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=BABA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();