Hyperscaler capex

Alibaba capex, CY2026 Q2

Alibaba reported ¥67.7B of capex for CY2026 Q2, the quarter covering April to June 2026. That is +75% on the ¥38.7B of the same quarter a year earlier (CY2025 Q2).

Alibaba provides cloud computing and AI infrastructure to businesses alongside commerce services. Its reported group capex includes infrastructure across the company.

Capex, CY2026 Q2¥67.7B
Year on year+75%

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Verified

Every field, with its source

Source per value
Reported quarter
CY2026 Q2 1
Calendar quarter
2026 Q2 1
Quarter end
2026-06-30 1
Capex (CNY) (CNY million)
67,678 1
“RMB67,678 million”
Capex definition
Reported Alibaba Group capital expenditures; includes investment in AI infrastructure and is not a cloud-segment-only figure. 1

Sources

  1. Alibaba Group results release: Alibaba CY2026 Q2 accessed 2026-11-11

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