Baozun Inc. (BZUN) Operating Expenses (2014 - 2026)

Baozun (BZUN) has reported Operating Expenses for 13 consecutive years, with -$345.1 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses fell 16.78% year-over-year to -$345.1 million; the TTM figure through Mar 2026 stood at -$1.4 billion (down 7.56% YoY), while the FY2025 annual figure was $1.4 billion, up 8.23% from the prior year.
• Operating Expenses came in at -$345.1 million for Q1 2026 at Baozun, up from -$428.5 million in the prior quarter.
• The five-year high for Operating Expenses was -$248.5 million in Q3 2022, with the low at -$428.5 million in Q4 2025.
• Average Operating Expenses over 5 years is -$327.2 million, with a median of -$320.3 million recorded in 2022.
• Across the five-year window, Operating Expenses increased 29.18% in 2022 and declined 16.78% in 2026, its largest moves.
• Year by year, Operating Expenses stood at -$352.2 million in 2022, then fell by 10.94% to -$390.7 million in 2023, then dropped by 2.43% to -$400.2 million in 2024, then fell by 7.07% to -$428.5 million in 2025, then grew by 19.46% to -$345.1 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered -$345.1 million, -$428.5 million, and -$306.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.