Baozun BZUN
NASDAQ BZUN
$2.76 -0.08 (-2.82%)
As of: Sep 1, 2026 · 2:27 PM EDT

Baozun (BZUN) Operating Expenses (2014 - 2026)

Baozun (BZUN) posted quarterly Operating Expenses of -$345.1 million for Q1 2026, down 16.78% year-over-year from -$414.8 million in Q1 2025, and up 19.46% quarter-over-quarter from -$428.5 million in Q4 2025.

Analysis

Baozun (BZUN) Operating Expenses (2014 - 2026) Analysis & Trends

Baozun's Operating Expenses history runs 13 years deep, the most recent figure standing at -$345.1 million for 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 for Q1 2026 stood at -$345.1 million, 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.
  • The 5-year median for Operating Expenses is -$320.3 million (2022), against an average of -$327.2 million.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses gained 29.18% in 2022, then retreated 16.78% in 2026.
  • Baozun's Operating Expenses stood at -$352.2 million in 2022, then decreased by 10.94% to -$390.7 million in 2023, then fell by 2.43% to -$400.2 million in 2024, then decreased by 7.07% to -$428.5 million in 2025, then rose by 19.46% to -$345.1 million in 2026.
  • Business Quant data shows BZUN's Operating Expenses at -$345.1 million in Q1 2026, -$428.5 million in Q4 2025, and -$306.5 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Amazon Com 2,746.20 Bn 2,623.21 Bn 198.88 Bn 330.81 Bn
2 PDD Holdings 116.28 Bn -48,010.13 Bn 9.45 Bn -5.39 Bn
3 DoorDash 98.95 Bn 93.61 Bn 2.35 Bn 4.30 Bn
4 Mercadolibre 98.90 Bn 83.71 Bn 4.16 Bn 3.48 Bn
5 Sea 67.51 Bn 59.11 Bn 3.55 Bn -2.90 Bn
6 Ebay 46.90 Bn 43.59 Bn 2.30 Bn 1.63 Bn
7 JD.com 39.64 Bn 7.09 Bn 16.50 Bn -3.06 Bn
8 Coupang 28.35 Bn 22.24 Bn 2.49 Bn 9.41 Bn
9 Wayfair 12.44 Bn 11.30 Bn 1.05 Bn 950.00 Mn
10 Baozun 159.60 Mn -97.14 Mn 302.56 Mn -394.92 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -394.92 Mn
Mar 31, 2026 -345.14 Mn
Dec 31, 2025 -428.52 Mn
Sep 30, 2025 -306.48 Mn
Jun 30, 2025 -357.65 Mn
Mar 31, 2025 -295.54 Mn
Dec 31, 2024 -400.21 Mn
Sep 30, 2024 -309.44 Mn
Jun 30, 2024 -331.60 Mn
Mar 31, 2024 -281.78 Mn
Dec 31, 2023 -390.71 Mn
Sep 30, 2023 -268.55 Mn
Jun 30, 2023 -324.99 Mn
Mar 31, 2023 -280.80 Mn
Dec 31, 2022 -352.19 Mn
Sep 30, 2022 -248.47 Mn
Jun 30, 2022 -320.30 Mn
Mar 31, 2022 -319.49 Mn
Dec 31, 2021 -497.27 Mn
Sep 30, 2021 -318.98 Mn