Financials · BABA

Alibaba Group Holding Limited (BABA) financials

For fiscal 2026 (ended Mar 31, 2026), Alibaba Group Holding Limited reported CN¥1.02T of revenue and CN¥103.59B of net income. Figures are in CNY, the currency of its SEC filings.

Revenue, FY2026
CN¥1.02T
Revenue growth, YoY
+2.7%
Net income, FY2026
CN¥103.59B
Net income growth, YoY
-20.4%
Net margin
10.1%
EPS, diluted, FY2026
CN¥5.50
EPS growth, YoY
-17.9%
Cash
CN¥131.53B
Annual revenueCN¥1.02T
FY2017FY2026
Annual net incomeCN¥103.59B
FY2017FY2026

BABA revenue and earnings growth

BABA revenueFY2026CN¥1.02T

FY YoY
+2.7%
5Y CAGR
+7.4%
10Y CAGR
+26.0%

BABA revenue was CN¥1.02T for fiscal 2026 (ended Mar 31, 2026), up 2.7% from fiscal 2025. Compound annual growth was +7.4% over 5 years and +26.0% over 10 years. It rose in each of the last 10 fiscal years. Fiscal 2026 is the highest of the 14 fiscal years on file.

BABA net incomeFY2026CN¥103.59B

FY YoY
-20.4%
5Y CAGR
-7.2%
10Y CAGR
+3.8%

BABA net income was CN¥103.59B for fiscal 2026 (ended Mar 31, 2026), down 20.4% from fiscal 2025. Compound annual growth was -7.2% over 5 years and +3.8% over 10 years. It rose in 7 of the last 10 fiscal years.

BABA EPSFY2026CN¥5.50

FY YoY
-17.9%
5Y CAGR
-4.3%
10Y CAGR
+4.7%

BABA diluted EPS was CN¥5.50 for fiscal 2026 (ended Mar 31, 2026), down 17.9% from fiscal 2025. Compound annual growth was -4.3% over 5 years and +4.7% over 10 years.

Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
RevenueCN¥1.02TCN¥996.35BCN¥941.17BCN¥868.69BCN¥853.06BCN¥717.29BCN¥509.71BCN¥376.84BCN¥250.27BCN¥158.27B
Cost of revenueCN¥616.14BCN¥598.28BCN¥586.32BCN¥549.70BCN¥539.45BCN¥421.20BCN¥282.37BCN¥206.93BCN¥107.04BCN¥59.48B
Gross profitCN¥407.53BCN¥398.06BCN¥354.85BCN¥318.99BCN¥313.61BCN¥296.08BCN¥227.34BCN¥169.91BCN¥143.22BCN¥98.79B
Research and developmentCN¥66.53BCN¥57.15BCN¥52.26BCN¥56.74BCN¥55.47BCN¥57.24BCN¥43.08BCN¥37.44BCN¥22.75BCN¥17.06B
Selling, general and adminCN¥33.08BCN¥44.24BCN¥41.98BCN¥42.18BCN¥31.92BCN¥55.22BCN¥28.20BCN¥24.89BCN¥16.24BCN¥12.24B
Operating incomeCN¥50.15BCN¥140.91BCN¥113.35BCN¥100.35BCN¥69.64BCN¥89.68BCN¥91.43BCN¥57.08BCN¥69.31BCN¥48.05B
Interest expenseCN¥9.79BCN¥9.60BCN¥7.95BCN¥5.92BCN¥4.91BCN¥4.48BCN¥5.18BCN¥5.19BCN¥3.57BCN¥2.67B
Pre-tax incomeCN¥129.39BCN¥155.46BCN¥101.60BCN¥89.19BCN¥59.55BCN¥165.58BCN¥166.65BCN¥96.22BCN¥100.40BCN¥60.03B
Income taxCN¥30.05BCN¥35.45BCN¥22.53BCN¥15.55BCN¥26.82BCN¥29.28BCN¥20.56BCN¥16.55BCN¥18.20BCN¥13.78B
Net incomeCN¥103.59BCN¥130.11BCN¥80.01BCN¥72.78BCN¥62.25BCN¥150.58BCN¥149.43BCN¥87.89BCN¥64.09BCN¥43.67B
EPS, basicCN¥5.70CN¥6.89CN¥3.95CN¥3.46CN¥2.87CN¥6.95CN¥7.10CN¥4.24CN¥3.13CN¥2.19
EPS, dilutedCN¥5.50CN¥6.70CN¥3.91CN¥3.43CN¥2.84CN¥6.84CN¥6.99CN¥4.17CN¥3.06CN¥2.12
Diluted shares19.23B19.32B20.36B21.11B21.79B21.98B21.35B20.99B20.88B20.58B

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Cash and equivalentsCN¥131.53BCN¥145.49BCN¥286.42BCN¥229.51BCN¥227.35BCN¥356.47BCN¥345.98BCN¥198.49BCN¥202.73BCN¥146.39B
Short-term investmentsCN¥155.31BCN¥228.83B------CN¥4.82BCN¥4.05B
ReceivablesCN¥36.02BCN¥31.17BCN¥30.69BCN¥32.13BCN¥32.81BCN¥27.08BCN¥19.79BCN¥13.77BCN¥7.28BCN¥4.39B
Current assetsCN¥610.77BCN¥674.05BCN¥752.86BCN¥697.97BCN¥638.53BCN¥643.36BCN¥462.92BCN¥270.27BCN¥256.86BCN¥181.86B
GoodwillCN¥247.38BCN¥255.50BCN¥259.68BCN¥268.09BCN¥269.58BCN¥292.77BCN¥276.78BCN¥264.94BCN¥162.15BCN¥125.42B
Total assetsCN¥1.91TCN¥1.80TCN¥1.76TCN¥1.75TCN¥1.70TCN¥1.69TCN¥1.31TCN¥965.08BCN¥717.12BCN¥506.81B
Current liabilitiesCN¥476.40BCN¥435.35BCN¥421.51BCN¥385.35BCN¥383.78BCN¥377.36BCN¥241.87BCN¥207.67BCN¥135.81BCN¥93.56B
Short-term debt-------CN¥7.36BCN¥6.03BCN¥5.95B
Total liabilitiesCN¥783.30BCN¥714.12BCN¥652.23BCN¥630.12BCN¥613.36BCN¥606.58BCN¥433.33BCN¥349.67BCN¥277.69BCN¥182.69B
Shareholders' equityCN¥1.06TCN¥1.01TCN¥1.10TCN¥1.11TCN¥1.07TCN¥1.07TCN¥870.55BCN¥608.58BCN¥436.44BCN¥321.13B

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Operating cash flowCN¥76.21BCN¥163.51BCN¥182.59BCN¥199.75BCN¥142.76BCN¥231.79BCN¥180.61BCN¥150.97BCN¥125.81BCN¥82.85B
Investing cash flow-CN¥67.34B-CN¥185.41B-CN¥21.82B-CN¥135.51B-CN¥198.59B-CN¥244.19B-CN¥108.07B-CN¥151.06B-CN¥83.76B-CN¥79.58B
Financing cash flow-CN¥20.57B-CN¥76.22B-CN¥108.24B-CN¥65.62B-CN¥64.45BCN¥30.08BCN¥70.85B-CN¥7.39BCN¥20.36BCN¥32.91B
Dividends paidCN¥33.73BCN¥29.08BCN¥17.95BCN¥0CN¥0-----
Share repurchasesCN¥7.64BCN¥86.66BCN¥88.75BCN¥74.75BCN¥61.23BCN¥773.00M-CN¥10.87B-CN¥13.18B
Stock-based compensation-----CN¥50.12BCN¥31.74BCN¥37.49BCN¥20.07BCN¥15.99B
Depreciation and amortizationCN¥34.96BCN¥24.52BCN¥23.34BCN¥24.65BCN¥25.47BCN¥25.55BCN¥20.32BCN¥14.82BCN¥8.65BCN¥5.18B

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue growth, YoY2.7%5.9%8.3%1.8%18.9%40.7%35.3%50.6%58.1%56.5%
Net income growth, YoY-20.4%62.6%9.9%16.9%-58.7%0.8%70.0%37.1%46.7%-38.9%
EPS growth, YoY-17.9%71.4%14.0%20.8%-58.5%-2.1%67.6%36.3%44.3%-39.2%
Gross margin39.8%40.0%37.7%36.7%36.8%41.3%44.6%45.1%57.2%62.4%
Operating margin4.9%14.1%12.0%11.6%8.2%12.5%17.9%15.1%27.7%30.4%
Net margin10.1%13.1%8.5%8.4%7.3%21.0%29.3%23.3%25.6%27.6%
Return on equity9.8%12.9%7.3%6.5%5.8%14.0%17.2%14.4%14.7%13.6%
Return on assets5.4%7.2%4.5%4.2%3.7%8.9%11.4%9.1%8.9%8.6%
Current ratio1.281.551.791.811.661.701.911.301.891.94

Source: XBRL data Alibaba Group Holding Limited files with the SEC, latest filing dated May 20, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

Per-share figures and share counts are restated for stock splits the filings show: 8-for-1, first reported Jul 9, 2020.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

Foreign private issuers file annual reports with the SEC, so there are no quarterly statements here.

BABA peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
BABACN¥1.02T+2.7%CN¥103.59B10.1%$265.13B
V$45.90B+14.8%$23.50B51.2%$755.16B
MA$36.29B+15.3%$16.96B46.7%$568.62B
ACN$74.18B+6.5%$8.37B11.3%$174.20B
UBER$56.53B+13.9%$3.46B6.1%$140.05B
PDDCN¥431.85B+9.7%CN¥97.84B22.7%$118.18B
DASH$17.06B+35.0%$1.06B6.2%$78.33B
MELI$38.52B+47.1%$1.89B4.9%$76.55B
RELX£9.59B+1.7%£2.06B21.5%$70.19B

BABA FAQ

8 questions
  • What is BABA revenue?
    Alibaba Group Holding Limited (BABA) reported CN¥1.02T of revenue for fiscal 2026 (ended Mar 31, 2026). That is up 2.7% from the year before.
  • Is BABA profitable?
    Yes. Alibaba Group Holding Limited earned CN¥103.59B in net income for fiscal 2026 (ended Mar 31, 2026), a net margin of 10.1%.
  • How much cash and debt does BABA have?
    Alibaba Group Holding Limited reported CN¥131.53B in cash and cash equivalents on its most recent balance sheet in SEC filings.
  • How fast is BABA revenue growing?
    Alibaba Group Holding Limited's revenue changed +2.7% in fiscal 2026, to CN¥1.02T. Its compound annual growth rate was +7.4% over 5 years and +26.0% over 10 years.
  • What is BABA gross margin?
    Alibaba Group Holding Limited's gross profit was CN¥407.53B on CN¥1.02T of revenue for fiscal 2026 (ended Mar 31, 2026), a gross margin of 39.8%.
  • What is BABA earnings per share?
    Diluted earnings per share were CN¥5.50 for fiscal 2026 (ended Mar 31, 2026), from SEC filings, restated for any stock split those filings show.
  • When did BABA last report financial results?
    The latest statements here come from Alibaba Group Holding Limited's 20-F filed on May 20, 2026, covering the period ended Mar 31, 2026.
  • Where does this BABA financial data come from?
    Quantisnow builds these statements from the structured XBRL data Alibaba Group Holding Limited files with the SEC. It is provided for information only and is not investment advice.