Alibaba Group Holding Ltd (BABAF) Operating margin 2017–2026
Alibaba Group Holding Ltd (BABAF) 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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