BABA (Alibaba Group Holding) Selling, General, & Admin. Expense: $39,400 Mil (TTM As of Mar. 2026)


BABA Alibaba Group Holding Ltd BABA
84 GF Score
Price $97.21
GF Value $119.24
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Alibaba Group Holding Selling, General, & Admin. Expense?

Alibaba Group Holding BABA +1.11% 84 Selling, General, & Admin. Expense is $39,400 Mil as of Mar. 2026. GuruFocus rates BABA with a GF Score™ of 84/100 and a GF Value™ of $119.24 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Alibaba Group Holding's selling, general, & admin. expense for the three months ended in Mar. 2026 was $9,194 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Mar. 2026 was $39,400 Mil.


Alibaba Group Holding  (NYSE:BABA) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Alibaba Group Holding Selling, General, & Admin. Expense Related Terms


Alibaba Group Holding Selling, General, & Admin. Expense Historical Data

* Premium members only.

The historical data trend for Alibaba Group Holding's Selling, General, & Admin. Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Alibaba Group Holding Selling, General, & Admin. Expense Chart

Alibaba Group Holding Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,913.41 21,140.78 21,818.51 25,969.40 40,351.27

Alibaba Group Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Selling, General, & Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,415.79 8,436.30 10,370.75 11,399.51 9,193.72

BABA vs PDD, MELI, DASH: Selling, General, & Admin. Expense Comparison

For the Internet Retail subindustry, Alibaba Group Holding's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Alibaba Group Holding Selling, General, & Admin. Expense vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Alibaba Group Holding's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Alibaba Group Holding's Selling, General, & Admin. Expense falls into.


BABA
84GF Score
Alibaba Group Holding Ltd BABA
Selling, General, & Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alibaba Group Holding Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $39,400 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Selling, General, & Admin. Expense of $39,400 Mil mean?
Alibaba Group Holding (BABA) has a Selling, General, & Admin. Expense of $39,400 Mil as of Mar. 2026. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Alibaba Group Holding and its competitors.
Is Alibaba Group Holding's Selling, General, & Admin. Expense too high?
Alibaba Group Holding's current Selling, General, & Admin. Expense is $39,400 Mil. Overall, Alibaba Group Holding has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alibaba Group Holding's Selling, General, & Admin. Expense compare to PDD and MELI?
Alibaba Group Holding's Selling, General, & Admin. Expense of $39,400 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Selling, General, & Admin. Expense for a Retail - Cyclical company?
A good Selling, General, & Admin. Expense depends on the Retail - Cyclical industry context. However, Selling, General, & Admin. Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Selling, General, & Admin. Expense mean?
A high Selling, General, & Admin. Expense can signal that a stock is expensive relative to its fundamentals. Selling, general and admin expense is the total cost for direct, indirect, general and administrative activities. View historical data on Alibaba Group Holding and its competitors. Alibaba Group Holding's current Selling, General, & Admin. Expense is $39,400 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alibaba Group Holding stock overvalued right now?
Based on GuruFocus' analysis, Alibaba Group Holding (BABA) is currently considered Modestly Undervalued. The stock's GF Value™ is $119.24, compared to a current price of $97.21 — trading 18.5% below its estimated fair value. The current Selling, General, & Admin. Expense is $39,400 Mil. Alibaba Group Holding's overall GF Score™ is 84/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Selling, General, & Admin. Expense calculated?
Selling, General, & Admin. Expense is calculated from a company's financial statements. For Alibaba Group Holding (BABA), the current Selling, General, & Admin. Expense is $39,400 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alibaba Group Holding (BABA) Overvalued in 2026?

Based on GuruFocus' analysis, Alibaba Group Holding stock appears to be undervalued. The current stock price of $97.21 is trading 18.5% below its estimated GF Value™ of $119.24. GuruFocus considers Alibaba Group Holding to be Modestly Undervalued.

Key valuation signals for BABA:

  • Selling, General, & Admin. Expense: $39,400 Mil
  • GF Value™: $119.24 vs. price of $97.21 (18.5% below fair value)
  • GF Score™: 84/100 with 5 warning signs

No single metric tells the full story. See the BABA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alibaba Group Holding Business Description

Address 1 Matheson Street, Causeway Bay, 26th Floor, Tower One, Times Square, Hong Kong, HKG
Alibaba is the world's largest online and mobile commerce company as measured by gross merchandise volume. It operates China's online marketplaces, including Taobao (consumer-to-consumer) and Tmall (business-to-consumer). The China retail e-commerce platform is the most valuable cash flow-generating business at Alibaba. Additional revenue sources include China wholesale e-commerce, international retail and wholesale e-commerce, local consumer services, travel services, cloud computing, digital media and entertainment, Cainiao logistics services, and other businesses.
84GF Score

Get the complete analysis for BABA

Selling, General, & Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$97.21
Price
$119.24
GF Value