The hydrolytic degradation of 5‐azacytidine was studied spectrophotometrically as a function of pH, temperature, and buffer concentration. Loss of drug followed apparent first‐order kinetics in the pH region below 3. At pH < 1, 5‐azacytosine and 5‐azauracil were detected; at higher pH values, drug was lost to products which were essentially nonchromophoric if examined in acidic solutions. The apparent first‐order rate constants associated with formation of 5‐azacytosine and 5‐azauracil from 5‐azacytidine are reported. Above pH 2.6, first‐order plots for drug degradation are biphasic. Apparent first‐order rate constants and coefficients for the biexponential equation are given as a function of pH and buffer concentration. A reaction mechanism consistent with the data is discussed together with problems associated with defining the stability of the drug in aqueous solutions. At 50°, the drug exhibited maximum stability at pH 6.5 in dilute phosphate buffer. Similar solutions were stored at 30° to estimate their useful shelflife. Within 80 min, 6 × 10⁻⁴ M solutions of 5‐azacytidine decreased to 90% of original potency based on assumptions related to the proposed mechanisms.