Alibaba Group Holding (BABAF) Operating Leases (2020 - 2026)
Alibaba Group Holding (BABAF) posted Operating Leases of $2.5 billion for Q1 2026, up 35.7% on a QoQ basis from $1.9 billion in Q1 2025, and up 35.7% year-over-year from $1.9 billion in Q1 2025.
Alibaba Group Holding (BABAF) has 7 years of Operating Leases data on file, last reported at $2.5 billion in 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 rose to $2.5 billion in Q1 2026, from $1.9 billion in the prior quarter.
- Across five years, Operating Leases topped out at $4.8 billion in Q1 2022 and bottomed at $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.
- Annual changes were most pronounced in 2025 — Operating Leases plunged 54.28% — and 2026, when it jumped 35.7%.
- Year by year, Operating Leases stood at $4.8 billion in 2022, then declined by 12.47% to $4.2 billion in 2023, then fell by 2.92% to $4.1 billion in 2024, then slumped by 54.28% to $1.9 billion in 2025, then jumped by 35.7% to $2.5 billion in 2026.
- The last three Operating Leases figures came in at $2.5 billion (Q1 2026), $1.9 billion (Q1 2025), and $4.1 billion (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Amazon Com | 2,907.49 Bn | 2,764.40 Bn | 171.21 Bn |
| 2 | Mercadolibre | 85.96 Bn | 80.31 Bn | 3.86 Bn |
| 3 | DoorDash | 69.36 Bn | 64.50 Bn | 2.04 Bn |
| 4 | PDD Holdings | 66.56 Bn | 41.90 Bn | 12.81 Bn |
| 5 | Ebay | 48.95 Bn | 45.09 Bn | 2.29 Bn |
| 6 | Coupang | 30.30 Bn | 30.21 Bn | 2.30 Bn |
| 7 | Maplebear | 9.52 Bn | 8.83 Bn | 738.00 Mn |
| 8 | Wayfair | 9.47 Bn | 8.40 Bn | 880.00 Mn |
| 9 | Chewy | 9.33 Bn | 8.46 Bn | 959.70 Mn |
| 10 | Alibaba Group Holding | - | - | 12.18 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.51 Bn |
| Mar 31, 2025 | 1.85 Bn |
| Mar 31, 2024 | 4.05 Bn |
| Mar 31, 2023 | 4.17 Bn |
| Mar 31, 2022 | 4.77 Bn |
| Mar 31, 2021 | 4.35 Bn |
| Mar 31, 2020 | 2.74 Bn |