Alibaba Group Holding

BABA · NYSE · USD

$105.85−1.49%−$1.60

Close · October 2, 2026

At a glance

Revenue growth: +2.74%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: −20.38%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 10.1%; FY to Mar 2025: 13.1%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Annual
Item	FY to Mar 2026	FY to Mar 2025	FY to Mar 2024	FY to Mar 2023	FY to Mar 2022	FY to Mar 2021	FY to Mar 2020	FY to Mar 2019	FY to Mar 2018	FY to Mar 2017
Total assets	1,909,570	1,804,227	1,764,829	1,753,044	1,695,553	1,690,218	1,312,985	965,076	717,124	506,812
Current assets	610,769	674,049	752,864	697,966	638,535	643,360	462,923	270,273	256,855	181,864
Cash and equivalents	131,530	145,487	248,125	193,086	189,898	321,262	330,503	189,976	199,309	143,736
Short-term investments	185,290	281,949	322,904	331,384	265,187	162,183	32,712	13,189	10,901	7,065
Receivables	94,108	76,099	68,902	64,144	71,229	56,923	43,625	29,430	25,370	21,550
Inventory	18,909	18,887	25,460	28,547	30,087	27,858	14,859	8,534	4,535	957
Net property, plant and equipment	328,223	242,550	262,088	253,459	249,859	219,452	138,047	92,030	66,489	20,206
Goodwill	247,378	255,501	259,679	268,091	269,581	292,771	276,782	264,935	162,149	125,420
Other intangible assets	16,983	20,911	26,950	46,913	59,231	70,833	60,947	74,695	36,842	18,799
Long-term investments	656,745	566,987	424,073	453,117	443,253	437,410	350,961	241,544	178,434	152,256
Current liabilities	476,398	435,346	421,507	385,351	383,784	377,358	241,872	207,669	135,810	93,564
Accounts payable	138,690	119,017	127,560	113,752	107,205	94,368	67,173	51,958	40,363	20,165
Long-term debt	231,772	208,141	141,775	149,088	132,503	135,716	120,276	111,834	119,525	76,835
Total debt	253,498	225,548	192,865	188,103	167,756	177,833	142,133	126,944	119,525	85,784
Total liabilities	783,300	714,121	652,230	630,123	613,360	606,584	433,334	356,493	280,686	185,683
Total equity (incl. minority)	1,126,270	1,090,106	1,112,599	1,122,921	1,082,193	1,083,634	879,651	608,583	436,438	321,129
Retained earnings	725,010	661,414	612,630	612,005	573,396	562,271	412,387	262,954	176,731	112,638
Minority interest	65,384	80,248	126,055	133,264	133,714	146,164	124,250	116,326	70,616	42,330