Alibaba Group Holding (BABAF) Operating Expenses (2025 - 2026)
Alibaba Group Holding (BABAF) posted Operating Expenses of -$4.2 billion for Q1 2026, down 20.55% on a QoQ basis from -$3.5 billion in Q1 2025, and down 20.55% year-over-year from -$5.3 billion in Q1 2025.
Alibaba Group Holding (BABAF) has 2 years of Operating Expenses data on file, last reported at -$4.2 billion in 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 declined to -$4.2 billion in Q1 2026, from -$3.5 billion in the prior quarter.
- Across five years, Operating Expenses topped out at -$3.5 billion in Q1 2025 and bottomed at -$4.2 billion in Q1 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,907.49 Bn | 2,764.40 Bn | 171.21 Bn | 157.67 Bn |
| 2 | Mercadolibre | 85.96 Bn | 80.31 Bn | 3.86 Bn | 3.25 Bn |
| 3 | DoorDash | 69.36 Bn | 64.50 Bn | 2.04 Bn | 3.89 Bn |
| 4 | PDD Holdings | 66.56 Bn | 41.90 Bn | 12.81 Bn | -5.87 Bn |
| 5 | Ebay | 48.95 Bn | 45.09 Bn | 2.29 Bn | 1.68 Bn |
| 6 | Coupang | 30.30 Bn | 30.21 Bn | 2.30 Bn | 8.75 Bn |
| 7 | Maplebear | 9.52 Bn | 8.83 Bn | 738.00 Mn | 556.00 Mn |
| 8 | Wayfair | 9.47 Bn | 8.40 Bn | 880.00 Mn | 891.00 Mn |
| 9 | Chewy | 9.33 Bn | 8.46 Bn | 959.70 Mn | 917.20 Mn |
| 10 | Alibaba Group Holding | - | - | 12.18 Bn | -4.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.17 Bn |
| Mar 31, 2025 | -3.48 Bn |