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Alibaba Group Holding Ltd

BABANYSEServices-Business Services, NECAlso trades as BABAF, BBAAY
Financials through fiscal 2026, year ended Mar 31, 2026Last filing: 20-F on May 20, 2026Score 6/30
$101.50+3.46 (+3.53%)

Close on Nov 2, 2026Market cap $235.74BP/E 15.4Yield –

Alibaba Product Development Expenses Excluding SBC by Quarter

Product Development Expenses Excluding SBC (RMB M) (M)

Alibaba Product Development Expenses Excluding SBC: 21,052M in Q1 FY27, up 55.5% from a year earlier. That is the highest of the 45 quarters on record here.

Latest, Q1 FY27
21,052
Period ended Jun 30, 2026
Change on a year earlier
+55.5%
13,535 in Q1 FY26
History
45 quarters
Since Q1 FY16
Sources
41
Documents cited below

Where the Q1 FY27 figure comes from

“|| Product development expenses | 13,535 | 5.5 | % | 21,052 | 3,102 | 7.8 | % | 2.3 | %”

Source: Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2026-08-20) ↗

Quarterly history

Hover a value to see the sentence it was read from; calculated values show their formula

PeriodEndedProduct Development Expenses Excluding SBC (RMB M) (M)Year on yearSource
Q1 FY27Jun 30, 202621,052+55.5%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2026-08-20) ↗
Q4 FY26Mar 31, 202617,710+32.2%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2026-05-13) ↗
Q3 FY26Dec 31, 202513,573+3.9%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2026-03-19) ↗
Q2 FY26Sep 30, 202515,699+26.4%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2025-11-25) ↗
Q1 FY26Jun 30, 202513,535+17.0%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2025-08-29) ↗
Q4 FY25Mar 31, 202513,396+11.2%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2025-05-15) ↗
Q3 FY25Dec 31, 202413,060+22.4%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2025-02-20) ↗
Q2 FY25Sep 30, 202412,425+10.8%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2024-11-15) ↗
Q1 FY25Jun 30, 202411,570+8.1%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2024-08-15) ↗
Q4 FY24Mar 31, 202412,048+10.1%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2024-05-14) ↗
Q3 FY24Dec 31, 202310,666+9.2%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2024-02-07) ↗
Q2 FY24Sep 30, 202311,212-0.9%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2023-11-16) ↗
Q1 FY24Jun 30, 202310,707-4.5%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2023-08-10) ↗
Q4 FY23Mar 31, 202310,942-11.4%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2023-05-18) ↗
Q3 FY23Dec 31, 20229,766-15.1%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2023-02-23) ↗
Q2 FY23Sep 30, 202211,316+4.3%Alibaba Group Form 6-K Report of Foreign Private Issuer (filed 2022-11-17) ↗

Cite this data

StockData. (2026). Alibaba Product Development Expenses Excluding SBC (M), quarterly Q1 FY16–Q1 FY27 [Data set]. Compiled from Alibaba SEC filings and investor materials. https://stockdatahq.com/stocks/baba/kpis/ex-sbc-rd-68

See every metric in the Alibaba KPI table. Data updated Oct 25, 2026.