Alibaba Group Holding (BABA) Research & Development (2013 - 2026)
Alibaba Group Holding (BABA) recorded Research & Development of -$3.32 billion in the quarter ended Jun 30, 2026, compared with -$2.09 billion a year earlier.
Alibaba Group Holding (BABA) Research & Development (2013 - 2026) Analysis & Trends
On a TTM basis, Alibaba Group Holding's Research & Development came in at -$10.68 billion as of Jun 30, 2026; for the year ended Mar 31, 2026, it was -$9.65 billion.
- Across earlier years, Research & Development came in at -$7.88 billion in the year ended Mar 31, 2025, -$7.24 billion in the year ended Mar 31, 2024, -$8.26 billion in the year ended Mar 31, 2023 and -$8.75 billion in the year ended Mar 31, 2022.
- The figure for the quarter ended Jun 30, 2026 is the lowest quarterly Research & Development in data going back to the quarter ended Sep 30, 2013.
- Per Business Quant, the preceding three quarters came in at -$2.75 billion (quarter ended Mar 31, 2026), -$2.21 billion (quarter ended Dec 31, 2025) and -$2.4 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,541.13 Bn | 3,276.03 Bn | 76.16 Bn | 20.64 Bn |
| 2 | Meta Platforms | 1,587.35 Bn | 1,251.87 Bn | 51.23 Bn | 20.05 Bn |
| 3 | Netflix | 272.62 Bn | 233.92 Bn | 6.80 Bn | 1.03 Bn |
| 4 | Alibaba Group Holding | 244.75 Bn | 66.83 Bn | 15.16 Bn | 3.32 Bn |
| 5 | Shopify | 196.93 Bn | 175.73 Bn | 1.78 Bn | 497.00 Mn |
| 6 | Uber Technologies | 142.58 Bn | 114.55 Bn | 6.38 Bn | 1.04 Bn |
| 7 | Spotify Technology | 129.18 Bn | 86.10 Bn | 1.89 Bn | 479.73 Mn |
| 8 | Booking Holdings | 127.15 Bn | 60.90 Bn | - | - |
| 9 | PDD Holdings | 116.93 Bn | -127.12 Bn | 9.48 Bn | 673.00 Mn |
| 10 | Airbnb | 104.06 Bn | 57.29 Bn | 2.98 Bn | 672.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.32 Bn |
| Mar 31, 2026 | 2.75 Bn |
| Dec 31, 2025 | 2.21 Bn |
| Sep 30, 2025 | 2.40 Bn |
| Jun 30, 2025 | 2.09 Bn |
| Mar 31, 2025 | 2.06 Bn |
| Dec 31, 2024 | 2.01 Bn |
| Sep 30, 2024 | 2.02 Bn |
| Jun 30, 2024 | 1.84 Bn |
| Mar 31, 2024 | 1.95 Bn |
| Dec 31, 2023 | 1.90 Bn |
| Sep 30, 2023 | 1.95 Bn |
| Jun 30, 2023 | 1.44 Bn |
| Mar 31, 2023 | 2.02 Bn |
| Dec 31, 2022 | 1.96 Bn |
| Sep 30, 2022 | 2.13 Bn |
| Jun 30, 2022 | 2.12 Bn |
| Mar 31, 2022 | 1.73 Bn |
| Dec 31, 2021 | 2.47 Bn |
| Sep 30, 2021 | 2.37 Bn |
Alibaba Group Holding Research & Development 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=research-and-development&ticker=BABA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=BABA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();