Alibaba Group Holding (BABA) Free Cash Flow (2013 - 2026)
Alibaba Group Holding (BABA) recorded Free Cash Flow of $3.37 billion in the quarter ended Jun 30, 2026, up 17.9% from $2.86 billion a year earlier and up 147.0% from the prior quarter.
Alibaba Group Holding (BABA) Free Cash Flow (2013 - 2026) Analysis & Trends
On a TTM basis, Alibaba Group Holding's Free Cash Flow came in at $11.22 billion as of Jun 30, 2026, down 46.6% year-over-year; for the year ended Mar 31, 2026, it came in at $10.73 billion, down 52.4% from the prior year.
- Annual Free Cash Flow has declined for five straight years, with a five-year compound annual growth rate of -23.4% (years ended Mar 2021 to Mar 2026).
- Across earlier years, Free Cash Flow came in at $22.53 billion in the year ended Mar 31, 2025 (-10.9%), $25.29 billion in the year ended Mar 31, 2024 (-13.1%), $29.09 billion in the year ended Mar 31, 2023 (-0.2%) and $29.15 billion in the year ended Mar 31, 2022 (-28.4%).
- Quarterly Free Cash Flow has ranged from $340 million in the quarter ended Mar 31, 2022 to $14.02 billion in the quarter ended Dec 31, 2021 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in three of the last eight quarters, with an average decline of 27.2%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 232.1% in the quarter ended Sep 30, 2021, against a decline of 92.6% in the quarter ended Mar 31, 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.36 billion (quarter ended Mar 31, 2026), $5.08 billion (quarter ended Dec 31, 2025) and $1.41 billion (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 1.53 Bn |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | 13.31 Bn |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | 654.00 Mn |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 2.79 Bn |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | 3.64 Bn |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | 3.77 Bn |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | 971.73 Mn |
| 10 | Airbnb | 103.26 Bn | 56.49 Bn | 2.98 Bn | 1.27 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.31 Bn |
| Mar 31, 2026 | 5.22 Bn |
| Dec 31, 2025 | 8.66 Bn |
| Sep 30, 2025 | 5.80 Bn |
| Jun 30, 2025 | 8.20 Bn |
| Mar 31, 2025 | 7.10 Bn |
| Dec 31, 2024 | 14.24 Bn |
| Sep 30, 2024 | 6.90 Bn |
| Jun 30, 2024 | 6.30 Bn |
| Mar 31, 2024 | 4.64 Bn |
| Dec 31, 2023 | 10.14 Bn |
| Sep 30, 2023 | 7.31 Bn |
| Jun 30, 2023 | 7.08 Bn |
| Mar 31, 2023 | 4.94 Bn |
| Dec 31, 2022 | 13.10 Bn |
| Sep 30, 2022 | 8.22 Bn |
| Jun 30, 2022 | 6.82 Bn |
| Mar 31, 2022 | 340.00 Mn |
| Dec 31, 2021 | 14.02 Bn |
| Sep 30, 2021 | 7.52 Bn |
Alibaba Group Holding Free Cash Flow 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=free-cash-flow&ticker=BABA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=BABA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();