Alibaba Group Holding (BABA) Cost of Revenue (2013 - 2026)
Alibaba Group Holding's Cost of Revenue came in at $24.48 billion for the quarter ended Jun 30, 2026, up 28.5% from $19.05 billion a year earlier and up 5.9% from the prior quarter.
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Analysis
Alibaba Group Holding (BABA) Cost of Revenue (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Alibaba Group Holding reported Cost of Revenue of $93.01 billion, up 13.6% year-over-year; for the year ended Mar 31, 2026, it came in at $89.32 billion, up 8.3% from the prior year.
- Cost of Revenue has increased in each of the last three years, with a five-year compound annual growth rate of 6.8% (years ended Mar 2021 to Mar 2026).
- Going back by year, Cost of Revenue was $82.45 billion in the year ended Mar 31, 2025 (+1.5%), $81.21 billion in the year ended Mar 31, 2024 (+1.5%), $80.04 billion in the year ended Mar 31, 2023 (-5.9%) and $85.1 billion in the year ended Mar 31, 2022 (+32.4%).
- The figure for the quarter ended Jun 30, 2026 represents the highest quarterly Cost of Revenue in data going back to the quarter ended Sep 30, 2013.
- Year-over-year, Cost of Revenue has increased for four consecutive quarters, with growth averaging 7.1% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in the quarter ended Sep 30, 2021 (growth of 52.0%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 8.4%).
- Business Quant data shows BABA's Cost of Revenue at $23.11 billion (quarter ended Mar 31, 2026), $24.24 billion (quarter ended Dec 31, 2025) and $21.18 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 6.04 Bn |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | 24.48 Bn |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | 1.88 Bn |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 7.82 Bn |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | - |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | 7.08 Bn |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | 3.70 Bn |
| 10 | Airbnb | 103.26 Bn | 56.49 Bn | 2.98 Bn | 633.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.48 Bn |
| Mar 31, 2026 | 23.11 Bn |
| Dec 31, 2025 | 24.24 Bn |
| Sep 30, 2025 | 21.18 Bn |
| Jun 30, 2025 | 19.05 Bn |
| Mar 31, 2025 | 20.07 Bn |
| Dec 31, 2024 | 22.27 Bn |
| Sep 30, 2024 | 20.52 Bn |
| Jun 30, 2024 | 20.11 Bn |
| Mar 31, 2024 | 20.51 Bn |
| Dec 31, 2023 | 22.00 Bn |
| Sep 30, 2023 | 19.14 Bn |
| Jun 30, 2023 | 19.63 Bn |
| Mar 31, 2023 | 20.21 Bn |
| Dec 31, 2022 | 21.75 Bn |
| Sep 30, 2022 | 18.45 Bn |
| Jun 30, 2022 | 19.36 Bn |
| Mar 31, 2022 | 21.92 Bn |
| Dec 31, 2021 | 23.01 Bn |
| Sep 30, 2021 | 20.14 Bn |
API Access
Alibaba Group Holding Cost of Revenue 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=cost-of-revenue&ticker=BABA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=BABA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();