Alibaba Group Holding BABAF
NYSE BABAF
$14.01 -0.40 (-2.78%)
At close: Sep 8, 2026 · 4:00 PM EDT

Alibaba Group Holding (BABAF) Gross Margin (2013 - 2026)

Alibaba Group Holding's (BABAF) quarterly Gross Margin came in at 38.11% in Q2 2026, down 637.0% year-over-year from 7.1% in Q2 2025, and up 10.43% quarter-over-quarter from 34.51% in Q1 2026.

Analysis

Alibaba Group Holding (BABAF) Gross Margin (2013 - 2026) Analysis & Trends

Alibaba Group Holding has disclosed Gross Margin across 14 years of filings, most recently posting 38.11% for Q2 2026.

  • In Q2 2026, Gross Margin fell 637.0% year-over-year to 38.11%; the TTM figure through Jun 2026 stood at 37.95% (down 331.0% YoY), while the FY2026 annual figure was 38.67%, down 128.0% from the prior year.
  • Gross Margin came in at 38.11% for Q2 2026 at Alibaba Group Holding, up from 34.51% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 44.48% in Q2 2025 to a low of 31.91% in Q1 2022.
  • Average Gross Margin over 5 years is 38.14%, with a median of 38.34% recorded in 2022.
  • Year-over-year, Gross Margin soared 516 bps in 2025 and plunged 637 bps in 2026.
  • Over 5 years, Gross Margin stood at 38.26% in 2022, then increased by 3 bps to 39.44% in 2023, then climbed by 8 bps to 42.67% in 2024, then declined by 6 bps to 39.91% in 2025, then declined by 5 bps to 38.11% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 38.11% in Q2 2026, 34.51% in Q1 2026, and 39.91% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Booking Holdings 131.93 Bn 114.72 Bn 4.98 Bn 67.75%
2 PDD Holdings 110.02 Bn 79.73 Bn 9.45 Bn 57.06%
3 Airbnb 100.49 Bn 88.42 Bn 2.98 Bn 82.46%
4 Mercadolibre 95.02 Bn 79.83 Bn 4.16 Bn 40.90%
5 Ebay 46.91 Bn 43.61 Bn 2.30 Bn 73.45%
6 Expedia 32.60 Bn 25.47 Bn 3.91 Bn 90.66%
7 Alibaba Group Holding 31.91 Bn -11.79 Bn 15.11 Bn 38.11%
8 Maplebear 10.89 Bn 10.04 Bn 751.00 Mn 72.00%
9 Full Truck Alliance 8.65 Bn 7.63 Bn - -
10 Etsy 6.65 Bn 5.53 Bn 484.05 Mn 72.43%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 38.11%
Mar 31, 2026 34.51%
Dec 31, 2025 39.91%
Sep 30, 2025 38.94%
Jun 30, 2025 44.48%
Mar 31, 2025 38.41%
Dec 31, 2024 42.67%
Sep 30, 2024 39.10%
Jun 30, 2024 40.09%
Mar 31, 2024 33.25%
Dec 31, 2023 39.44%
Sep 30, 2023 37.87%
Jun 30, 2023 40.59%
Mar 31, 2023 33.32%
Dec 31, 2022 38.26%
Sep 30, 2022 38.13%
Jun 30, 2022 37.50%
Mar 31, 2022 31.91%
Dec 31, 2021 39.41%
Sep 30, 2021 35.35%