Alibaba Group Holding (BABA) Operating Leases (2020 - 2026)

Alibaba Group Holding's Operating Leases history runs 7 years deep, the most recent figure standing at $2.5 billion for Q1 2026.

• In Q1 2026, Operating Leases rose 35.7% year-over-year to $2.5 billion; the TTM figure through Mar 2026 stood at $2.5 billion (up 35.7% YoY), while the FY2026 annual figure was $2.5 billion, up 31.36% from the prior year.
• Operating Leases came in at $2.5 billion for Q1 2026 at Alibaba Group Holding, up from $1.9 billion in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $4.8 billion in Q1 2022 to a low of $1.9 billion in Q1 2025.
• A 5-year average of $3.5 billion and a median of $4.1 billion in 2024 frame the typical range for Operating Leases.
• Across the five-year window, Operating Leases slumped 54.28% in 2025 and jumped 35.7% in 2026, its largest moves.
• Alibaba Group Holding's Operating Leases stood at $4.8 billion in 2022, then slipped by 12.47% to $4.2 billion in 2023, then dropped by 2.92% to $4.1 billion in 2024, then slumped by 54.28% to $1.9 billion in 2025, then surged by 35.7% to $2.5 billion in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $2.5 billion, $1.9 billion, and $4.1 billion for Q1 2026, Q1 2025, and Q1 2024 respectively.

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