Alibaba Group Holding Ltd. (BABA) income statement

NYSE · Consumer Cyclical · Specialty Retail · 132,165 employees · CEO Yongming Wu

Price: $98.04 -1.51%
Market cap: $244B
Enterprise value: CN¥1.72T
Last report: Q1 '27 filed 2026-08-20
Next report: 2026-11-24

Alibaba Group Holding Ltd. (BABA) reported revenue of CN¥268B for Q1 '27 (+8.3% year on year), operating income of CN¥19.3B (7.2% of revenue) and net income of CN¥10.6B. Over the last four quarters revenue was CN¥1.04T.

Income statement

Income statement	Q2 '24	Q3 '24	Q4 '24	Q1 '25	Q2 '25	Q3 '25	Q4 '25	Q1 '26	Q2 '26	Q3 '26	Q4 '26	Q1 '27
Revenue	CN¥225B	CN¥260B	CN¥222B	CN¥243B	CN¥237B	CN¥280B	CN¥236B	CN¥248B	CN¥248B	CN¥285B	CN¥243B	CN¥268B
Cost of revenue	CN¥140B	CN¥156B	CN¥148B	CN¥146B	CN¥144B	CN¥163B	CN¥146B	CN¥136B	CN¥151B	CN¥170B	CN¥159B	CN¥166B
Gross profit	CN¥85.1B	CN¥104B	CN¥73.8B	CN¥97.1B	CN¥92.5B	CN¥118B	CN¥90.8B	CN¥111B	CN¥97B	CN¥115B	CN¥84B	CN¥102B
Research & development	CN¥14.2B	CN¥13.5B	CN¥14.1B	CN¥13.4B	CN¥14.2B	CN¥14.7B	CN¥14.9B	CN¥15B	CN¥17.1B	CN¥15.5B	CN¥19B	CN¥22.5B
Sales & marketing	CN¥25.5B	CN¥33.8B	CN¥28.8B	CN¥32.7B	CN¥32.5B	CN¥42.7B	CN¥36.2B	CN¥53.2B	CN¥66.5B	CN¥71.9B	CN¥53.4B	CN¥47.6B
General & administrative	CN¥9.41B	CN¥11.3B	CN¥14B	CN¥13.3B	CN¥9.78B	CN¥10.9B	CN¥10.3B	CN¥7.4B	CN¥7.38B	CN¥8.36B	CN¥9.95B	CN¥12.5B
Other operating expenses	CN¥2.43B	CN¥23.1B	CN¥2.08B	CN¥1.79B	CN¥798M	CN¥8.24B	CN¥919M	CN¥658M	CN¥678M	-CN¥620M	CN¥2.52B	-CN¥1K
Operating expenses	CN¥51.5B	CN¥81.6B	CN¥59B	CN¥61.1B	CN¥57.2B	CN¥76.4B	CN¥62.4B	CN¥76.2B	CN¥91.6B	CN¥95.1B	CN¥84.8B	CN¥82.6B
Operating income	CN¥33.6B	CN¥22.5B	CN¥14.8B	CN¥36B	CN¥35.2B	CN¥41.2B	CN¥28.5B	CN¥35B	CN¥5.37B	CN¥20.2B	-CN¥848M	CN¥19.3B
Interest income	CN¥5.14B	CN¥0	CN¥0	CN¥0	CN¥18.6B	CN¥11.1B	CN¥0	CN¥17.4B	CN¥20.1B	CN¥16.2B	CN¥33.8B	CN¥8.98B
Interest expense	CN¥1.85B	CN¥5.63B	CN¥7.88B	CN¥3.67B	CN¥2.43B	CN¥2.49B	CN¥2.5B	CN¥2.48B	CN¥2.52B	CN¥2.56B	CN¥2.24B	CN¥2.35B
Other non-operating income (gains on investments, FX ...)	-CN¥6.53B	-CN¥439M	-CN¥2.96B	CN¥1.22B	-CN¥17.1B	-CN¥15.7B	CN¥7.5B	-CN¥17.7B	-CN¥21.1B	-CN¥6.27B	-CN¥34.4B	CN¥0
Total non-operating income	-CN¥1.09B	-CN¥6.81B	-CN¥8.12B	-CN¥1.9B	CN¥15.7B	CN¥16.4B	-CN¥9.64B	CN¥16.3B	CN¥20.8B	CN¥3.93B	CN¥31.5B	CN¥3.9B
Income before tax	CN¥32.5B	CN¥15.7B	CN¥6.64B	CN¥34.1B	CN¥50.9B	CN¥57.6B	CN¥18.8B	CN¥51.2B	CN¥26.2B	CN¥24.1B	CN¥30.7B	CN¥23.2B
Income tax	CN¥5.8B	CN¥4.99B	CN¥5.72B	CN¥10.1B	CN¥7.38B	CN¥11.1B	CN¥6.85B	CN¥8.87B	CN¥5.55B	CN¥8.46B	CN¥7.17B	CN¥12.8B
Net income	CN¥27.8B	CN¥14.6B	CN¥3.37B	CN¥24.4B	CN¥44B	CN¥49.1B	CN¥12.6B	CN¥40.6B	CN¥21B	CN¥16.4B	CN¥25.5B	CN¥10.6B
EPS (basic)	CN¥11.76	CN¥5.76	CN¥1.36	CN¥10.08	CN¥18.72	CN¥21.04	CN¥5.36	CN¥18.64	CN¥9.04	CN¥6.96	CN¥10.96	CN¥4.48
EPS (diluted)	CN¥11.68	CN¥5.68	CN¥1.28	CN¥9.92	CN¥18.16	CN¥20.40	CN¥5.20	CN¥18.00	CN¥8.72	CN¥6.64	CN¥10.40	CN¥3.68
Shares (basic, weighted)	2.54B	2.52B	2.47B	2.42B	2.35B	2.32B	2.31B	2.31B	2.32B	2.32B	2.32B	2.33B
Shares (diluted, weighted)	2.57B	2.54B	2.5B	2.45B	2.42B	2.4B	2.39B	2.39B	2.4B	2.41B	2.4B	2.42B
Depreciation & amortization	CN¥8.87B	CN¥21.3B	CN¥8.92B	CN¥7.91B	CN¥8.41B	CN¥9.32B	CN¥9.97B	CN¥7.67B	CN¥9.04B	CN¥11.5B	CN¥13.9B	CN¥12.5B
EBITDA	CN¥49B	CN¥44.3B	CN¥26.6B	CN¥42.7B	CN¥60.8B	CN¥66.3B	CN¥30.9B	CN¥60.4B	CN¥35.5B	CN¥37.9B	CN¥47.5B	CN¥31.8B

Income statement	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	CN¥158B	CN¥250B	CN¥377B	CN¥510B	CN¥717B	CN¥853B	CN¥869B	CN¥941B	CN¥996B	CN¥1.02T
Cost of revenue	CN¥59.5B	CN¥107B	CN¥207B	CN¥282B	CN¥421B	CN¥539B	CN¥550B	CN¥586B	CN¥598B	CN¥616B
Gross profit	CN¥98.8B	CN¥143B	CN¥170B	CN¥227B	CN¥296B	CN¥314B	CN¥319B	CN¥355B	CN¥398B	CN¥408B
Research & development	CN¥17.1B	CN¥22.8B	CN¥37.4B	CN¥43.1B	CN¥57.2B	CN¥55.5B	CN¥56.7B	CN¥52.3B	CN¥57.2B	CN¥66.5B
Sales & marketing	CN¥16.3B	CN¥27.3B	CN¥39.8B	CN¥50.7B	CN¥81.5B	CN¥120B	CN¥103B	CN¥115B	CN¥144B	CN¥245B
General & administrative	CN¥12.2B	CN¥16.2B	CN¥24.9B	CN¥28.2B	CN¥55.2B	CN¥31.9B	CN¥42.2B	CN¥42B	CN¥44.2B	CN¥33.1B
Other operating expenses	CN¥5.12B	CN¥7.61B	CN¥10.7B	CN¥14B	CN¥12.4B	CN¥36.8B	CN¥16.2B	CN¥32.1B	CN¥11.7B	CN¥3.23B
Operating expenses	CN¥50.7B	CN¥73.9B	CN¥113B	CN¥136B	CN¥206B	CN¥244B	CN¥219B	CN¥241B	CN¥257B	CN¥348B
Operating income	CN¥48.1B	CN¥69.3B	CN¥57.1B	CN¥91.4B	CN¥89.7B	CN¥69.6B	CN¥100B	CN¥113B	CN¥141B	CN¥59.7B
Interest income	CN¥8.56B	CN¥30.5B	CN¥44.1B	CN¥73B	CN¥0	CN¥0	CN¥0	CN¥0	CN¥20.8B	CN¥87.5B
Interest expense	CN¥2.67B	CN¥3.57B	CN¥5.19B	CN¥5.18B	CN¥20.6B	CN¥20.6B	CN¥17B	CN¥17.9B	CN¥9.6B	CN¥9.79B
Other non-operating income (gains on investments, FX ...)	-CN¥14.6B	-CN¥34.7B	-CN¥44.3B	-CN¥80.4B	-CN¥80.4B	-CN¥10.5B	-CN¥5.82B	-CN¥6.16B	-CN¥6.81B	-CN¥79.5B
Total non-operating income	CN¥6.95B	CN¥10.3B	CN¥39.7B	CN¥69.5B	CN¥82.9B	CN¥4.26B	-CN¥19.2B	-CN¥19.5B	CN¥20.5B	CN¥72.5B
Income before tax	CN¥55B	CN¥79.6B	CN¥96.8B	CN¥161B	CN¥173B	CN¥73.9B	CN¥81.1B	CN¥93.9B	CN¥161B	CN¥132B
Income tax	CN¥13.8B	CN¥18.2B	CN¥16.6B	CN¥20.6B	CN¥29.3B	CN¥26.8B	CN¥15.5B	CN¥22.5B	CN¥35.4B	CN¥30B
Net income	CN¥43.7B	CN¥64.1B	CN¥87.9B	CN¥149B	CN¥151B	CN¥62.2B	CN¥72.8B	CN¥80B	CN¥130B	CN¥104B
EPS (basic)	CN¥20.24	CN¥25.12	CN¥34.08	CN¥63.76	CN¥55.60	CN¥22.96	CN¥27.68	CN¥31.60	CN¥55.12	CN¥45.60
EPS (diluted)	CN¥19.60	CN¥24.56	CN¥33.52	CN¥62.72	CN¥54.72	CN¥22.72	CN¥27.44	CN¥31.36	CN¥53.60	CN¥44.00
Shares (basic, weighted)	2.49B	2.55B	2.58B	2.63B	2.7B	2.69B	2.62B	2.52B	2.35B	2.32B
Shares (diluted, weighted)	2.57B	2.61B	2.62B	2.67B	2.75B	2.72B	2.64B	2.54B	2.41B	2.4B
Depreciation & amortization	CN¥14.3B	CN¥22B	CN¥37.1B	CN¥42.4B	CN¥48.1B	CN¥48.1B	CN¥46.9B	CN¥44.5B	CN¥42.5B	CN¥47.1B
EBITDA	CN¥77B	CN¥126B	CN¥138B	CN¥214B	CN¥218B	CN¥128B	CN¥153B	CN¥164B	CN¥190B	CN¥186B

Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in CNY.

Revenue, operating income and growth

quarterly

Margins

quarterly

Costs as % of revenue

quarterly

The other statements

Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01 · Amounts in CNY as reported; price and market cap in USD.