Alibaba Group Holding (BABAF) Cost of Revenue (2013 - 2026)
Alibaba Group Holding's (BABAF) quarterly Cost of Revenue came in at $24.5 billion in Q2 2026, up 28.54% year-over-year from $19.0 billion in Q2 2025, and up 5.94% quarter-over-quarter from $23.1 billion in Q1 2026.
Analysis
Alibaba Group Holding (BABAF) Cost of Revenue (2013 - 2026) Analysis & Trends
Alibaba Group Holding has disclosed Cost of Revenue across 14 years of filings, most recently posting $24.5 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 28.54% year-over-year to $24.5 billion; the TTM figure through Jun 2026 stood at $93.0 billion (up 13.56% YoY), while the FY2026 annual figure was $89.3 billion, up 8.34% from the prior year.
- Cost of Revenue came in at $24.5 billion for Q2 2026 at Alibaba Group Holding, up from $23.1 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $24.5 billion in Q2 2026 to a low of $18.4 billion in Q3 2022.
- Average Cost of Revenue over 5 years is $21.0 billion, with a median of $20.5 billion recorded in 2024.
- Year-over-year, Cost of Revenue fell 8.4% in 2022 and climbed 28.54% in 2026.
- Over 5 years, Cost of Revenue stood at $21.7 billion in 2022, then advanced by 1.16% to $22.0 billion in 2023, then climbed by 1.2% to $22.3 billion in 2024, then grew by 8.88% to $24.2 billion in 2025, then grew by 0.98% to $24.5 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $24.5 billion in Q2 2026, $23.1 billion in Q1 2026, and $24.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Booking Holdings | 131.97 Bn | 114.75 Bn | 4.98 Bn | 2.37 Bn |
| 2 | PDD Holdings | 109.95 Bn | 79.67 Bn | 9.45 Bn | 7.08 Bn |
| 3 | Airbnb | 100.57 Bn | 88.51 Bn | 2.98 Bn | 633.00 Mn |
| 4 | Mercadolibre | 94.99 Bn | 79.80 Bn | 4.16 Bn | 6.01 Bn |
| 5 | Ebay | 46.89 Bn | 43.58 Bn | 2.30 Bn | 832.00 Mn |
| 6 | Expedia | 32.68 Bn | 25.56 Bn | 3.91 Bn | 403.00 Mn |
| 7 | Alibaba Group Holding | 31.91 Bn | -11.79 Bn | 15.11 Bn | 24.48 Bn |
| 8 | Maplebear | 10.88 Bn | 10.03 Bn | 751.00 Mn | 292.00 Mn |
| 9 | Full Truck Alliance | 8.63 Bn | 7.61 Bn | - | - |
| 10 | Etsy | 6.63 Bn | 5.51 Bn | 484.05 Mn | 184.27 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 |