Alibaba Group Holding Ltd revenue by segment BABA

Annual Quarterly

Alibaba Group Holding Ltd splits its revenue into 6 lines in its filings. The largest line in fiscal 2026, which ended Mar 31, 2026 was Cloud Services at $112.1 billion, 76% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Mar 31, 2026	FY 2025 Mar 31, 2025	FY 2024 Mar 31, 2024	FY 2023 Mar 31, 2023	FY 2022 Mar 31, 2022	FY 2021 Mar 31, 2021	FY 2020 Mar 31, 2020	FY 2019 Mar 31, 2019	FY 2018 Mar 31, 2018	FY 2017 Mar 31, 2017
Revenue	148,401	137,300	130,350	126,491	134,567	109,480	71,985	56,152	39,898	22,994
P4p In Feed And Display Marketing	—	—	—	—	—	—	177,613 +17.1% share 246.7%	151,654 +26.6% share 270.1%	119,822 share 300.3%	—
Cloud Services	112,077 +32.6% share 75.5%	84,517 +10.5% share 61.6%	76,459 -0.2% share 58.7%	76,648 +3.4% share 60.6%	74,123 +23.3% share 55.1%	60,120 +50.2% share 54.9%	40,016 +62.0% share 55.6%	24,702 +84.5% share 44.0%	13,390 share 33.6%	—
Commission	—	—	—	—	—	—	100,129 +23.5% share 139.1%	81,086 +54.7% share 144.4%	52,411 share 131.4%	—
Product And Service Other	36,427 -14.7% share 24.5%	42,685 +9.9% share 31.1%	38,836 +6.1% share 29.8%	36,587 -0.4% share 28.9%	36,751 +31.0% share 27.3%	28,051 +41.6% share 25.6%	19,812 +24.1% share 27.5%	15,962 -1.9% share 28.4%	16,266 share 40.8%	—
Local Consumer Services	—	—	—	—	—	—	25,440 +40.9% share 35.3%	18,058 share 32.2%	—	—
Other Customer Management Services	—	—	—	—	—	—	19,850 +42.2% share 27.6%	13,962 +53.8% share 24.9%	9,076 share 22.7%	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. More on our methodology.

Company profile

Industry: Services-Business Services, NEC (SIC 7389)
Listed as: BABA (NYSE), BABAF (OTC), BBAAY (OTC)
Incorporated in: Hong Kong
Headquarters: Causeway Bay
SEC filer status: Large accelerated filer
SEC CIK: 1577552

Other Services-Business Services, NEC companies

All 136 Services-Business Services, NEC companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.