Alibaba Group Holding Ltd (BABAF) Operating Margin (2013 - 2026)
Alibaba Group Holding (BABAF) posted Operating Margin of 0.35% for Q1 2026, down 109.33% sequentially from 3.74% in Q4 2025, and down 1239.0% YoY from 0.03% in Q1 2025.
Alibaba Group Holding Ltd (BABAF) Operating Margin (2013 - 2026) Analysis & Trends
Alibaba Group Holding has reported Operating Margin for 14 years, with the latest figure at 0.35% in Q1 2026.
- Quarterly Operating Margin fell 1239.0% year-over-year to 0.35% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.84% (down 931.0% YoY) and the FY2026 annual result came in at 4.9%, down 924.0% from the prior year.
- Operating Margin retreated to 0.35% in Q1 2026 per BABAF's latest filing, from 3.74% in the prior quarter.
- Over five years, Operating Margin peaked at 18.15% in Q2 2023 and troughed at 0.35% in Q1 2026.
- A 5-year average of 10.5% and a median of 12.13% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2022 and 2025: Operating Margin surged 1228 bps in 2022, then tumbled 1274 bps in 2025.
- Over 5 years, Operating Margin stood at 14.14% in 2022, then tumbled by 39 bps to 8.65% in 2023, then surged by 70 bps to 14.71% in 2024, then tumbled by 75 bps to 3.74% in 2025, then tumbled by 109 bps to 0.35% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 0.35%, 3.74%, and 2.17% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 14.99% |