Alibaba Group Holding (BABAF) Operating Leases (2020 - 2026)
Alibaba Group Holding's (BABAF) quarterly Operating Leases came in at $2.5 billion in Q1 2026, up 35.7% year-over-year from $1.9 billion in Q1 2025, and up 35.7% quarter-over-quarter from $1.9 billion in Q1 2025.
Analysis
Alibaba Group Holding (BABAF) Operating Leases (2020 - 2026) Analysis & Trends
Alibaba Group Holding has disclosed Operating Leases across 7 years of filings, most recently posting $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 32.36% 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.
- Average Operating Leases over 5 years is $3.5 billion, with a median of $4.1 billion recorded in 2024.
- Year-over-year, Operating Leases slumped 54.28% in 2025 and jumped 35.7% in 2026.
- Over 5 years, Operating Leases stood at $4.8 billion in 2022, then decreased by 12.47% to $4.2 billion in 2023, then slipped by 2.92% to $4.1 billion in 2024, then sank by 54.28% to $1.9 billion in 2025, then jumped by 35.7% to $2.5 billion in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $2.5 billion in Q1 2026, $1.9 billion in Q1 2025, and $4.1 billion in Q1 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Booking Holdings | 132.28 Bn | 115.07 Bn | 4.98 Bn |
| 2 | PDD Holdings | 109.86 Bn | 79.58 Bn | 9.45 Bn |
| 3 | Airbnb | 100.55 Bn | 88.48 Bn | 2.98 Bn |
| 4 | Mercadolibre | 94.87 Bn | 79.67 Bn | 4.16 Bn |
| 5 | Ebay | 46.80 Bn | 43.49 Bn | 2.30 Bn |
| 6 | Expedia | 32.68 Bn | 25.55 Bn | 3.91 Bn |
| 7 | Alibaba Group Holding | 31.91 Bn | -11.79 Bn | 15.11 Bn |
| 8 | Maplebear | 10.91 Bn | 10.06 Bn | 751.00 Mn |
| 9 | Full Truck Alliance | 8.63 Bn | 7.61 Bn | - |
| 10 | Etsy | 6.66 Bn | 5.54 Bn | 484.05 Mn |
Historic Data
Download Data
Historic 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 |
| Sep 30, 2020 | 2.81 Bn |
| Mar 31, 2020 | 2.74 Bn |