Alibaba Group Holding (BBAAY) Operating Expenses (2025 - 2026)

Alibaba Group Holding (BBAAY) 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 (BBAAY) 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 🔒
DateValue
Mar 31, 2026 -4.17 Bn
Mar 31, 2025 -3.48 Bn