Latest period
$17.7B
YoY change
+53.9%
5Y CAGR
+23.3%
Peak year (FY2026)
$18.3B
Cumulative CapEx
$80.5B
CapEx history chart for Alibaba (BABA) from 2017 to 2026
Latest: $18.3B
CapEx growth chart for Alibaba (BABA) from 2017 to 2026
Latest: +53.9%
CapEx history table for Alibaba (BABA) from 2006 to 2026
| FY2026 | $18.3B | +53.9% | +$6.42B | ||
| FY2025 | $11.9B | +158.0% | +$7.3B | ||
| FY2024 | $4.62B | -8.1% | -$408M | ||
| FY2023 | $5.03B | -39.2% | -$3.24B | ||
| FY2022 | $8.26B | +28.5% | +$1.83B | ||
| FY2021 | $6.43B | -3.6% | -$242M | ||
| FY2020 | $6.67B | -9.4% | -$689M | ||
| FY2019 | $7.36B | +66.3% | +$2.93B | ||
| FY2018 | $4.43B | +70.1% | +$1.82B | ||
| FY2017 | $2.6B | +54.3% | +$915M | ||
| FY2016 | $1.69B | +36.8% | +$453M | ||
| FY2015 | $1.23B | +55.3% | +$439M | ||
| FY2014 | $794M | +103.1% | +$403M | ||
| FY2013 | $391M | +15.3% | +$51.9M | ||
| FY2012 | $339M | +6.5% | +$20.6M | ||
| FY2011 | $319M | +429.9% | +$258M | ||
| FY2010 | $60.1M | +56.7% | +$21.8M | ||
| FY2009 | $38.4M | +108.7% | +$20M | ||
| FY2008 | $18.4M | +49.5% | +$6.09M | ||
| FY2007 | $12.3M | — | — |
- FY2026$18.3B+53.9%
- FY2025$11.9B+158.0%
- FY2024$4.62B-8.1%
- FY2023$5.03B-39.2%
- FY2022$8.26B+28.5%
- FY2021$6.43B-3.6%
- FY2020$6.67B-9.4%
- FY2019$7.36B+66.3%
- FY2018$4.43B+70.1%
- FY2017$2.6B+54.3%
- FY2016$1.69B+36.8%
- FY2015$1.23B+55.3%
- FY2014$794M+103.1%
- FY2013$391M+15.3%
- FY2012$339M+6.5%
- FY2011$319M+429.9%
- FY2010$60.1M+56.7%
- FY2009$38.4M+108.7%
- FY2008$18.4M+49.5%
- FY2007$12.3M—
CapEx values are taken from Alibaba's reported cash flow statements (interim 6-K and annual 20-F filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts converted to USD using IAS 21 average exchange rates (P&L / cash flow) or closing rates (balance sheet). Originally filed in CNY.
About CapEx at Alibaba (BABA)
According to Alibaba's latest reported financial statements, the company's current CapEx (TTM) is $17.7B. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2026, Alibaba (BABA) CapEx totalled 127B CNY – surged 46.5% year-over-year.
Across 2021–2026 (5 years), Alibaba CapEx produced a CAGR of +25.0% – sustaining 2 straight years of year-over-year growth.
127B CNY stands as the all-time-high annual CapEx, posted in 2026, against a low of 96.7M CNY during 2007.
Alibaba Capital Expenditures by Year
Alibaba Capital Expenditures 2026: $18.3B
2026's CapEx for Alibaba came in at 127B CNY ($18.3B), surged 46.5% from 2025. This figure represents the highest annual value in the available history.
Alibaba Capital Expenditures 2025: $11.9B
Alibaba posted CapEx of 86.7B CNY ($11.9B) in 2025, surged 161.2% from 2024.
Alibaba Capital Expenditures 2024: $4.62B
In 2024, Alibaba reported CapEx of 33.2B CNY ($4.62B), edged down 3.5% below 2023.
Alibaba Capital Expenditures 2023: $5.03B
Alibaba CapEx in 2023 was 34.4B CNY ($5.03B), plunged 34.4% below 2022.
Alibaba Capital Expenditures 2022: $8.26B
Alibaba CapEx in 2022 was 52.4B CNY ($8.26B).
See more financial history for Alibaba (BABA).
Sector peers by CapEx
Consumer Cyclical peers of Alibaba (BABA), ranked by their latest CapEx
| $132B | |
| $8.53B | |
| $3.68B | |
| $3.37B | |
| $2.21B | |
| $1.96B | |
| $322M | |
| $162M |
- $132B
- $8.53B
- $3.68B
- $3.37B
- $2.21B
- $1.96B
- $162M
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Alibaba (BABA) Key Financials
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