Alibaba Group Holding (BABAF) Operating Margin (2013 - 2026)
Alibaba Group Holding (BABAF) reported Operating Margin of 5.64% for the quarter ended Jun 30, 2026, down 8.49 percentage points from 14.13% a year earlier but up 5.98 percentage points from the prior quarter.
Alibaba Group Holding (BABAF) Operating Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Alibaba Group Holding's Operating Margin came in at 2.92%, down 11.07 percentage points year-over-year; for the year ended Mar 31, 2026, it was 4.90%, down 9.24 percentage points from the prior year.
- Operating Margin has a five-year change of -7.60 percentage points (years ended Mar 2021 to Mar 2026).
- By year, Operating Margin came in at 14.14% in the year ended Mar 31, 2025 (+2.10 pp), 12.04% in the year ended Mar 31, 2024 (+0.45 pp), 11.59% in the year ended Mar 31, 2023 (+3.43 pp) and 8.16% in the year ended Mar 31, 2022 (-4.34 pp).
- Five-year quarterly Operating Margin spans a low of -0.35% in the quarter ended Mar 31, 2026 and a high of 18.15% in the quarter ended Jun 30, 2023.
- Year over year, Operating Margin has now declined in each of the last five quarters, with an average year-over-year change of -4.23 percentage points over the last eight quarters.
- The high point for year-over-year Operating Margin in five years was the quarter ended Mar 31, 2022 (a gain of 12.28 percentage points); the low point was the quarter ended Dec 31, 2021 (a drop of 19.25 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at -0.35% (quarter ended Mar 31, 2026), 3.74% (quarter ended Dec 31, 2025) and 2.17% (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.64% |
| Mar 31, 2026 | -0.35% |
| Dec 31, 2025 | 3.74% |
| Sep 30, 2025 | 2.17% |
| Jun 30, 2025 | 14.13% |
| Mar 31, 2025 | 12.04% |
| Dec 31, 2024 | 14.71% |
| Sep 30, 2024 | 14.90% |
| Jun 30, 2024 | 14.80% |
| Mar 31, 2024 | 6.65% |
| Dec 31, 2023 | 8.65% |
| Sep 30, 2023 | 14.94% |
| Jun 30, 2023 | 18.15% |
| Mar 31, 2023 | 7.32% |
| Dec 31, 2022 | 14.14% |
| Sep 30, 2022 | 12.13% |
| Jun 30, 2022 | 12.13% |
| Mar 31, 2022 | 8.19% |
| Dec 31, 2021 | 2.91% |
| Sep 30, 2021 | 7.48% |
Alibaba Group Holding Operating Margin 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=operating-margin&ticker=BABAF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "BABAF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=BABAF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();