Alibaba Group Holding (BABA) FCF Margin (2013 - 2026)
Alibaba Group Holding's (BABA) quarterly FCF Margin came in at 33.57% in Q2 2026, up 985.0% year-over-year from 3.09% in Q2 2025, and up 126.98% quarter-over-quarter from 14.79% in Q1 2026.
Alibaba Group Holding (BABA) FCF Margin (2013 - 2026) Analysis & Trends
Alibaba Group Holding has disclosed FCF Margin across 14 years of filings, most recently posting 33.57% for Q2 2026.
- In Q2 2026, FCF Margin rose 985.0% year-over-year to 33.57%; the TTM figure through Jun 2026 stood at 21.92% (down 425.0% YoY), while the FY2026 annual figure was 18.81%, down 606.0% from the prior year.
- FCF Margin came in at 33.57% for Q2 2026 at Alibaba Group Holding, up from 14.79% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 37.1% in Q4 2024 to a low of 1.06% in Q1 2022.
- Average FCF Margin over 5 years is 22.47%, with a median of 22.0% recorded in 2022.
- Year-over-year, FCF Margin jumped 1523 bps in 2023 and sank 1584 bps in 2025.
- Over 5 years, FCF Margin stood at 36.47% in 2022, then slipped by 19 bps to 29.62% in 2023, then grew by 25 bps to 37.1% in 2024, then slumped by 43 bps to 21.26% in 2025, then surged by 58 bps to 33.57% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 33.57% in Q2 2026, 14.79% in Q1 2026, and 21.26% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,070.34 Bn | 3,641.31 Bn | 73.85 Bn | -4.89% |
| 2 | Meta Platforms | 1,876.83 Bn | 1,786.57 Bn | 49.47 Bn | 2.87% |
| 3 | Netflix | 297.14 Bn | 288.01 Bn | 6.52 Bn | 12.14% |
| 4 | Alibaba Group Holding | 257.29 Bn | 222.03 Bn | 15.11 Bn | 33.57% |
| 5 | Shopify | 184.36 Bn | 179.41 Bn | 1.71 Bn | 18.25% |
| 6 | Uber Technologies | 141.62 Bn | 136.41 Bn | 6.38 Bn | 19.67% |
| 7 | Booking Holdings | 117.14 Bn | 99.93 Bn | 4.98 Bn | 49.55% |
| 8 | PDD Holdings | 112.73 Bn | 82.45 Bn | 9.45 Bn | 22.77% |
| 9 | AppLovin | 105.70 Bn | 102.65 Bn | 1.70 Bn | 45.18% |
| 10 | Spotify Technology | 105.08 Bn | 94.17 Bn | 1.86 Bn | 17.50% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.57% |
| Mar 31, 2026 | 14.79% |
| Dec 31, 2025 | 21.26% |
| Sep 30, 2025 | 16.67% |
| Jun 30, 2025 | 23.94% |
| Mar 31, 2025 | 21.78% |
| Dec 31, 2024 | 37.10% |
| Sep 30, 2024 | 20.47% |
| Jun 30, 2024 | 18.81% |
| Mar 31, 2024 | 15.11% |
| Dec 31, 2023 | 29.62% |
| Sep 30, 2023 | 23.73% |
| Jun 30, 2023 | 22.69% |
| Mar 31, 2023 | 16.29% |
| Dec 31, 2022 | 36.47% |
| Sep 30, 2022 | 29.15% |
| Jun 30, 2022 | 22.23% |
| Mar 31, 2022 | 1.06% |
| Dec 31, 2021 | 36.82% |
| Sep 30, 2021 | 24.15% |
Alibaba Group Holding FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=BABA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "BABA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=BABA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();