Financials in USD. Standardized financial statements.
A compact view of how Alibaba Group Holding Limited turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.02T | $996.35B | $941.17B | $868.69B | $853.06B | $717.29B | $509.71B | $376.84B | $250.27B | $158.27B |
| Revenue Growth? | +2.7% | +5.9% | +8.3% | +1.8% | +18.9% | +40.7% | +35.3% | +50.6% | +58.1% | 0.0% |
| Cost of Revenue? | $616.14B | $598.28B | $586.32B | $549.70B | $539.45B | $421.20B | $282.37B | $206.93B | $107.04B | $59.48B |
| Gross Profit? | $407.53B | $398.06B | $354.85B | $318.99B | $313.61B | $296.08B | $227.34B | $169.91B | $143.22B | $98.79B |
| Gross Margin? | +39.8% | +40.0% | +37.7% | +36.7% | +36.8% | +41.3% | +44.6% | +45.1% | +57.2% | +62.4% |
| Operating Expenses? | $347.87B | $257.16B | $241.50B | $218.64B | $243.97B | $206.41B | $135.91B | $112.83B | $73.91B | $50.73B |
| Operating Income? | $59.66B | $140.91B | $113.35B | $100.35B | $69.64B | $89.68B | $91.43B | $57.08B | $69.31B | $48.05B |
| EBITDA? | $186.30B | $182.67B | $164.01B | $153.11B | $128.23B | $217.96B | $214.25B | $138.49B | $125.99B | $76.99B |
| Income Before Tax | $132.17B | $161.42B | $93.86B | $81.12B | $73.89B | $172.56B | $160.91B | $96.79B | $79.61B | $55.00B |
| Income Tax Expense | $30.05B | $35.45B | $22.53B | $15.55B | $26.82B | $29.28B | $20.56B | $16.55B | $18.20B | $13.78B |
| Net Income? | $103.59B | $130.11B | $80.01B | $72.78B | $62.25B | $150.58B | $149.43B | $87.89B | $64.09B | $43.67B |
| EPS? | $45.60 | $55.12 | $31.60 | $27.68 | $22.96 | $55.60 | $63.76 | $34.08 | $25.12 | $20.24 |
| Diluted EPS? | $44.00 | $53.60 | $31.36 | $27.44 | $22.72 | $54.72 | $62.72 | $33.52 | $24.56 | $19.60 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality