Baozun (BZUN) Cost of Revenue (2014 - 2026)
Baozun (BZUN) posted quarterly Cost of Revenue of $100.7 million for Q1 2026, up 33.81% year-over-year from $75.3 million in Q1 2025, and down 10.43% quarter-over-quarter from $112.4 million in Q4 2025.
Baozun (BZUN) Cost of Revenue (2014 - 2026) Analysis & Trends
Baozun's Cost of Revenue history runs 13 years deep, the most recent figure standing at $100.7 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 33.81% year-over-year to $100.7 million; the TTM figure through Mar 2026 stood at $387.1 million (up 10.3% YoY), while the FY2025 annual figure was $368.4 million, up 8.69% from the prior year.
- Cost of Revenue for Q1 2026 stood at $100.7 million, down from $112.4 million in the prior quarter.
- The five-year high for Cost of Revenue was $112.4 million in Q4 2025, with the low at $58.3 million in Q3 2022.
- The 5-year median for Cost of Revenue is $89.9 million (2022), against an average of $87.0 million.
- The sharpest annual moves came in 2022 and 2026: Cost of Revenue tumbled 43.05% in 2022, then jumped 33.81% in 2026.
- Baozun's Cost of Revenue stood at $93.3 million in 2022, then rose by 11.42% to $103.9 million in 2023, then advanced by 2.02% to $106.0 million in 2024, then increased by 6.06% to $112.4 million in 2025, then decreased by 10.43% to $100.7 million in 2026.
- Business Quant data shows BZUN's Cost of Revenue at $100.7 million in Q1 2026, $112.4 million in Q4 2025, and $74.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,931.64 Bn | 2,808.66 Bn | 198.88 Bn | 183.24 Bn |
| 2 | PDD Holdings | 506.17 Bn | 446.63 Bn | 9.83 Bn | 7.89 Bn |
| 3 | Mercadolibre | 98.29 Bn | 83.09 Bn | 4.16 Bn | 6.01 Bn |
| 4 | DoorDash | 92.11 Bn | 86.76 Bn | 2.35 Bn | 2.11 Bn |
| 5 | JD.com | 87.50 Bn | 58.32 Bn | 7.66 Bn | 38.08 Bn |
| 6 | Sea | 78.22 Bn | 69.70 Bn | 3.15 Bn | 587.04 Mn |
| 7 | Ebay | 47.18 Bn | 43.87 Bn | 2.30 Bn | 832.00 Mn |
| 8 | Coupang | 29.74 Bn | 23.63 Bn | 2.49 Bn | 6.36 Bn |
| 9 | Zkh | 16.36 Bn | 16.36 Bn | 51.11 Mn | 255.12 Mn |
| 10 | Baozun | 507.26 Mn | 89.06 Mn | 243.45 Mn | 100.73 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 100.73 Mn |
| Mar 31, 2026 | 100.73 Mn |
| Dec 31, 2025 | 112.45 Mn |
| Dec 31, 2025 | 112.45 Mn |
| Sep 30, 2025 | 74.58 Mn |
| Sep 30, 2025 | 74.58 Mn |
| Jun 30, 2025 | 99.32 Mn |
| Jun 30, 2025 | 99.32 Mn |
| Mar 31, 2025 | 75.27 Mn |
| Mar 31, 2025 | 75.27 Mn |
| Dec 31, 2024 | 106.02 Mn |
| Dec 31, 2024 | 106.02 Mn |
| Sep 30, 2024 | 80.24 Mn |
| Sep 30, 2024 | 80.24 Mn |
| Jun 30, 2024 | 89.40 Mn |
| Jun 30, 2024 | 89.40 Mn |
| Mar 31, 2024 | 67.46 Mn |
| Mar 31, 2024 | 67.46 Mn |
| Dec 31, 2023 | 103.92 Mn |
| Dec 31, 2023 | 103.92 Mn |