Alibaba Group Holding Ltd (BABAF) Operating Expenses (2013 - 2026)

Alibaba Group Holding (BABAF) posted Operating Expenses of -$9.1 billion for Q1 2026, up 28.18% sequentially from -$12.7 billion in Q4 2025, and down 43.57% YoY from -$16.1 billion in Q1 2025.

Alibaba Group Holding Ltd (BABAF) Operating Expenses (2013 - 2026) Analysis & Trends

Alibaba Group Holding has reported Operating Expenses for 14 years, with the latest figure at -$9.1 billion in Q1 2026.

  • Quarterly Operating Expenses fell 43.57% year-over-year to -$9.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$40.5 billion (down 49.74% YoY) and the FY2026 annual result came in at $24.5 million, down 97.04% from the prior year.
  • Operating Expenses grew to -$9.1 billion in Q1 2026 per BABAF's latest filing, from -$12.7 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at -$4.8 billion in Q3 2023 and troughed at -$12.7 billion in Q4 2025.
  • A 5-year average of -$6.9 billion and a median of -$6.1 billion in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2025: Operating Expenses soared 44.17% in 2022, then sank 71.46% in 2025.
  • Over 5 years, Operating Expenses stood at -$6.1 billion in 2022, then declined by 21.09% to -$7.4 billion in 2023, then retreated by 11.78% to -$8.3 billion in 2024, then sank by 52.35% to -$12.7 billion in 2025, then gained by 28.18% to -$9.1 billion in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered -$9.1 billion, -$12.7 billion, and -$10.3 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

Historic Data

Download Data
DateValue
Mar 31, 2026 -9.09 Bn
Dec 31, 2025 -12.66 Bn
Sep 30, 2025 -10.32 Bn
Jun 30, 2025 -8.37 Bn
Mar 31, 2025 -6.33 Bn
Dec 31, 2024 -8.31 Bn
Sep 30, 2024 -6.02 Bn
Jun 30, 2024 -6.35 Bn
Mar 31, 2024 -5.93 Bn
Dec 31, 2023 -7.44 Bn
Sep 30, 2023 -4.78 Bn
Jun 30, 2023 -5.19 Bn
Mar 31, 2023 -5.50 Bn
Dec 31, 2022 -6.14 Bn
Sep 30, 2022 -4.82 Bn
Jun 30, 2022 -5.16 Bn
Mar 31, 2022 -5.46 Bn
Dec 31, 2021 -11.00 Bn
Sep 30, 2021 -5.86 Bn
Jun 30, 2021 -5.29 Bn