Alibaba Group Holding Ltd (BABA) Operating margin 2017–2026
Alibaba Group Holding Ltd (BABA) operating margin by fiscal year — reported operating income divided by reported revenue.
4.9%FY2026 · since FY2017: 30.4% → 4.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 4.9% | -9.2 pp |
| FY2025 | 14.1% | +2.1 pp |
| FY2024 | 12.0% | +0.5 pp |
| FY2023 | 11.6% | +3.4 pp |
| FY2022 | 8.2% | -4.3 pp |
| FY2021 | 12.5% | -5.4 pp |
| FY2020 | 17.9% | +2.8 pp |
| FY2019 | 15.1% | -12.5 pp |
| FY2018 | 27.7% | -2.7 pp |
| FY2017 | 30.4% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice
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BABA RevenueBABA Net incomeBABA Net marginBABA Gross profitBABA Gross marginBABA Operating incomeBABA Operating cash flowBABA Free cash flowBABA Capital expendituresBABA Return on equityBABA Stock buybacksBABA Dividends paidBABA Total assetsBABA Total liabilitiesBABA Shareholders’ equityBABA overview →