Alibaba Group Holding (BABA) Operating Expenses (2025 - 2026)

Alibaba Group Holding recorded quarterly Operating Expenses of -$4.2 billion in Q1 2026, down 20.55% quarter-over-quarter from -$3.5 billion in Q1 2025, and down 20.55% year-over-year from -$5.3 billion in Q1 2025.

Alibaba Group Holding's Operating Expenses history runs 2 years deep, the most recent figure standing at -$4.2 billion for Q1 2026.

  • In Q1 2026, Operating Expenses fell 20.55% year-over-year to -$4.2 billion; the TTM figure through Mar 2026 stood at -$7.7 billion (down 120.55% YoY), while the FY2026 annual figure was $24.5 million, down 97.04% from the prior year.
  • Operating Expenses came in at -$4.2 billion for Q1 2026 at Alibaba Group Holding, down from -$3.5 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of -$3.5 billion in Q1 2025 to a low of -$4.2 billion in Q1 2026.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amazon Com 2,861.08 Bn 2,717.99 Bn 171.21 Bn 157.67 Bn
2 Alibaba Group Holding 348.49 Bn 315.38 Bn 12.18 Bn -4.19 Bn
3 Mercadolibre 84.38 Bn 78.73 Bn 3.86 Bn 3.25 Bn
4 DoorDash 69.78 Bn 64.91 Bn 2.04 Bn 3.89 Bn
5 Ebay 51.86 Bn 48.00 Bn 2.29 Bn 1.68 Bn
6 Coupang 29.42 Bn 29.33 Bn 2.30 Bn 8.75 Bn
7 Maplebear 9.86 Bn 9.17 Bn 738.00 Mn 556.00 Mn
8 Wayfair 8.79 Bn 7.72 Bn 880.00 Mn 891.00 Mn
9 Chewy 8.58 Bn 7.71 Bn 959.70 Mn 917.20 Mn
10 Etsy 6.00 Bn 4.58 Bn 455.60 Mn 335.75 Mn

Historic Data

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DateValue
Mar 31, 2026 -4.17 Bn
Mar 31, 2025 -3.48 Bn