Alibaba Group Holding Ltd (BABAF) Cost of Revenue (2013 - 2026)

Alibaba Group Holding (BABAF) posted Cost of Revenue of $23.1 billion for Q1 2026, down 4.69% sequentially from $24.2 billion in Q4 2025, and up 15.14% YoY from $20.1 billion in Q1 2025.

Alibaba Group Holding Ltd (BABAF) Cost of Revenue (2013 - 2026) Analysis & Trends

Alibaba Group Holding has reported Cost of Revenue for 14 years, with the latest figure at $23.1 billion in Q1 2026.

  • Quarterly Cost of Revenue rose 15.14% year-over-year to $23.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $87.6 billion (up 5.56% YoY) and the FY2026 annual result came in at $89.3 billion, up 8.34% from the prior year.
  • Cost of Revenue eased to $23.1 billion in Q1 2026 per BABAF's latest filing, from $24.2 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $24.2 billion in Q4 2025 and troughed at $18.4 billion in Q3 2022.
  • A 5-year average of $20.8 billion and a median of $20.5 billion in 2024 frame the typical range for Cost of Revenue.
  • The sharpest annual moves came in 2022 and 2026: Cost of Revenue retreated 8.4% in 2022, then climbed 15.14% in 2026.
  • Over 5 years, Cost of Revenue stood at $21.7 billion in 2022, then grew by 1.16% to $22.0 billion in 2023, then increased by 1.2% to $22.3 billion in 2024, then rose by 8.88% to $24.2 billion in 2025, then slipped by 4.69% to $23.1 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $23.1 billion, $24.2 billion, and $21.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 23.11 Bn
Mar 31, 2026 23.11 Bn
Dec 31, 2025 24.24 Bn
Dec 31, 2025 24.24 Bn
Sep 30, 2025 21.18 Bn
Sep 30, 2025 21.18 Bn
Jun 30, 2025 19.05 Bn
Jun 30, 2025 19.05 Bn
Mar 31, 2025 20.07 Bn
Mar 31, 2025 20.07 Bn
Dec 31, 2024 22.27 Bn
Dec 31, 2024 22.27 Bn
Sep 30, 2024 20.52 Bn
Sep 30, 2024 20.52 Bn
Jun 30, 2024 20.11 Bn
Jun 30, 2024 20.11 Bn
Mar 31, 2024 20.51 Bn
Mar 31, 2024 20.51 Bn
Dec 31, 2023 22.00 Bn
Dec 31, 2023 22.00 Bn