Alibaba Group Holding Limited

BABANYSEConsumer Cyclical● Active

$121.79

+$0.73(+0.60%)

Market Cap$284.2B

P/E Ratio—

52W High$192.67

52W Low$103.71

Avg Volume11.4M

Open$121.76

Beta0.46

Overview

Alibaba Group Holding Limited (BABA) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

BABA · free cash flow · updated Jun 8, 2026

Core FCF metrics

BABA · FCF · TTM · margin & CAGR

Free cash flow was −$50.72B for FY2026 (fiscal year ending 2026-03-31), down 164.9% year-over-year The FCF margin was -5.0%.

FY2026 Free Cash Flow−$50.72B▼ -164.9% YoY

Trailing 12M (TTM)−$50.46Btrailing 4 quarters sum

FCF Margin-5.0%−$50.72B ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

BABA · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$76.21B(126.94B)−$50.72B▼ 164.9%-5.0%

FY2025$164.82B(86.66B)$78.16B▼ 48.2%7.8%

FY2024$184.01B(33.18B)$150.82B▼ 8.9%16.0%

FY2023$199.90B(34.38B)$165.52B▲ +88.2%19.1%

FY2022$140.39B(52.44B)$87.95B▼ 51.7%10.3%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

BABA · P/FCF · FCF yield · FCF per share

Alibaba Group Holding Limited (BABA) reported negative free cash flow of −$50.72B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

BABA · cash flow statement · operating / investing / financing

For FY2026, Alibaba Group Holding Limited generated $76.21B in operating cash flow and spent 126.94B in capital expenditures, yielding −$50.72B in free cash flow.

Operating Activities

+$76.21B

Cash from core business operations

2026-03-31

Investing Activities

−$67.34B

CapEx, acquisitions & investments

2026-03-31

Financing Activities

−$20.57B

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($76.21B) − |CapEx| (126.94B) = FCF (−$50.72B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Consumer Cyclical)

BABA vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Alibaba Group Holding LimitedYOU

BABA

−$50.72B-164.9%-5.0%

Loss

Toyota Motor Corporation

McDonald's Corporation

Consumer Cyclical · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Alibaba Group Holding Limited (BABA) reported free cash flow of −$50.72B for FY2026 (fiscal year ending 2026-03-31), down 164.9% year-over-year. The FCF margin was -5.0%.

Based on available data, Alibaba Group Holding Limited has maintained positive free cash flow for at least 14 fiscal year(s). FCF peaked at $181.96B in FY2021.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

BABA free cash flow · 8 questions

Alibaba Group Holding Limited free cash flow was −$50.72B for FY2026, down 164.9% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$50.46B.

BABA free cash flowBABA FCFBABA FCF 2026BABA free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Alibaba Group Holding Limited · Alibaba Group Holding Limited SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026