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

Alibaba Group Holding has disclosed Operating Margin across 14 years of filings, most recently posting 5.64% for Q2 2026.

• In Q2 2026, Operating Margin fell 849.0% year-over-year to 5.64%; the TTM figure through Jun 2026 stood at 2.92% (down 1107.0% YoY), while the FY2026 annual figure was 4.9%, down 924.0% from the prior year.
• Operating Margin came in at 5.64% for Q2 2026 at Alibaba Group Holding, up from 0.35% in the prior quarter.
• In the past five years, Operating Margin ranged from a high of 18.15% in Q2 2023 to a low of 0.35% in Q1 2026.
• Average Operating Margin over 5 years is 10.23%, with a median of 12.09% recorded in 2025.
• Year-over-year, Operating Margin jumped 1228 bps in 2022 and slumped 1274 bps in 2025.
• Over 5 years, Operating Margin stood at 14.14% in 2022, then sank by 39 bps to 8.65% in 2023, then soared by 70 bps to 14.71% in 2024, then sank by 75 bps to 3.74% in 2025, then surged by 51 bps to 5.64% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 5.64% in Q2 2026, 0.35% in Q1 2026, and 3.74% in Q4 2025.