Alibaba Group Holding
$105.85Change from previous close: −1.49%Absolute change: −$1.60
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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 76,213 | 163,509 | 182,593 | 199,752 | 142,759 | 231,786 | 180,607 | 150,975 | 125,805 | 82,854 |
| Depreciation and amortization | 47,118 | 42,459 | 44,504 | 46,938 | 48,065 | 47,909 | 42,427 | 36,936 | 21,885 | 14,185 |
| Capital expenditure | -126,063 | -85,972 | -32,087 | -34,330 | -53,309 | -41,450 | -32,550 | -35,482 | -19,628 | -11,006 |
| Investing cash flow | -67,336 | -185,415 | -21,824 | -135,506 | -198,592 | -244,194 | -108,072 | -151,060 | -83,764 | -79,579 |
| Financing cash flow | -20,573 | -76,215 | -108,244 | -65,619 | -64,449 | 30,082 | 70,853 | -7,392 | 20,359 | 32,914 |
| Dividends paid | -33,732 | -29,077 | -17,946 | 0.0 | — | — | — | — | — | — |
| Share repurchases | -7,638 | -86,662 | -88,745 | -74,746 | -61,225 | -773 | — | -10,872 | — | -13,182 |
| Debt issued | 117,490 | 124,432 | 20,570 | 22,790 | 9,427 | 38,410 | 15,719 | 12,116 | 72,641 | 96,677 |
| Debt repaid | -78,458 | -59,898 | -18,105 | -11,448 | -16,713 | -7,061 | -31,741 | -16,347 | -39,016 | -67,344 |
| Effect of exchange rates | -4,004 | 965 | 4,389 | 3,530 | -8,834 | -7,187 | 4,100 | 3,245 | -6,065 | 2,038 |
| Net change in cash | -15,700 | -97,156 | 56,914 | 2,157 | -129,116 | 10,487 | 147,488 | -4,232 | 56,335 | 38,227 |
| Free cash flow | -49,850 | 77,537 | 150,506 | 165,422 | 89,450 | — | — | — | — | — |
| Levered free cash flow | -44,074 | 18,298 | 122,731 | 113,466 | 62,517 | 186,605 | 114,051 | 95,146 | 89,694 | 59,850 |