Baozun (BZUN) Operating Expenses (2014 - 2026)

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 was -$345.1 million for Q1 2026 at Baozun, up from -$428.5 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$248.5 million in Q3 2022 to a low of -$428.5 million in Q4 2025.
• Historically, Operating Expenses has averaged -$327.2 million across 5 years, with a median of -$320.3 million in 2022.
• The sharpest annual moves came in 2022 and 2026: Operating Expenses advanced 29.18% in 2022, then decreased 16.78% in 2026.
• A 5-year view of Operating Expenses shows it stood at -$352.2 million in 2022, then slipped by 10.94% to -$390.7 million in 2023, then retreated by 2.43% to -$400.2 million in 2024, then slipped by 7.07% to -$428.5 million in 2025, then gained by 19.46% to -$345.1 million in 2026.
• The last three Operating Expenses figures came in at -$345.1 million (Q1 2026), -$428.5 million (Q4 2025), and -$306.5 million (Q3 2025), per Business Quant data.