Alibaba Group Holding

BABA · NYSE · USD

$105.32−1.99%−$2.13

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.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	268,953	243,380	284,843	247,795	247,652	236,454	280,154	236,503	243,236	221,874	260,348	224,790
Cost of revenue	166,096	159,392	169,534	150,781	136,429	145,626	162,524	144,029	146,106	148,098	156,214	139,664
Gross profit	102,857	83,988	115,309	97,014	111,223	90,828	117,630	92,474	97,130	73,776	104,134	85,126
Selling, general and administrative	60,333	63,364	80,289	73,876	60,576	46,510	53,526	42,248	42,831	42,845	45,044	34,893
Research and development	22,529	18,957	15,480	17,095	15,001	14,934	14,662	14,182	13,373	14,085	13,488	14,218
Operating income	19,619	2,470	20,160	5,365	34,988	33,076	47,376	35,246	39,134	29,612	43,085	33,584
EBIT	19,619	2,470	20,160	5,365	34,988	33,076	47,376	35,246	39,134	29,612	43,085	33,584
EBITDA	32,098	21,380	31,661	17,852	42,686	49,939	56,639	47,342	47,052	46,887	52,331	42,407
Interest expense	2,352	2,241	2,557	2,517	2,478	10,012	2,485	2,427	2,188	2,177	2,132	1,854
Pre-tax income	23,242	30,672	24,091	26,162	51,247	18,827	57,583	50,926	34,085	6,641	15,705	32,493
Income tax	12,798	7,170	8,460	5,550	8,865	6,854	11,149	7,379	10,063	5,722	4,988	5,797
Net income	10,614	25,541	16,383	21,019	40,649	12,559	49,127	44,033	24,390	3,365	14,555	27,847
Net income to common shareholders	10,537	25,476	16,322	20,990	43,116	12,382	48,945	43,874	24,269	3,270	14,433	27,706
Basic EPS	4.51	10.97	7.03	9.05	18.57	5.36	21.07	18.71	10.04	1.32	5.73	10.90
Diluted EPS	3.71	10.55	5.93	8.75	17.98	5.17	20.39	18.17	9.89	1.30	5.65	10.77
Average shares (basic)	2,334	2,322	2,321	2,319	2,321	2,311	2,323	2,345	2,416	2,470	2,517	2,542
Average shares (diluted)	2,416	2,415	2,414	2,396	2,393	2,394	2,400	2,415	2,449	2,498	2,540	2,566
Dividend per share	—	7.24	—	—	—	7.62	—	—	—	7.22	—	—