Alibaba Group Holding Ltd income statement BABAF
In fiscal 2026, which ended Mar 31, 2026, Alibaba Group Holding Ltd reported revenue of $148.4 billion, up 8.1% from the year before. Net income was $15.0 billion, a profit margin of 10.1%. Operating income came to $7.3 billion, an operating margin of 4.9%. Diluted earnings per share were $0.80. Across the 10 fiscal years shown, revenue grew from $23.0 billion in fiscal 2017 to $148.4 billion in fiscal 2026, about 23.0% a year.
USD in millions, except per-share amounts and margins. 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
+8.1%
|
137,300
+5.3%
|
130,350
+3.1%
|
126,491
-6.0%
|
134,567
+22.9%
|
109,480
+52.1%
|
71,985
+28.2%
|
56,152
+40.7%
|
39,898
+73.5%
|
22,994
+46.6%
|
| Cost of revenue |
89,321
+8.3%
|
82,446
+1.5%
|
81,205
+1.5%
|
80,042
-5.9%
|
85,096
+32.4%
|
64,289
+61.2%
|
39,878
+29.3%
|
30,833
+80.7%
|
17,065
+97.5%
|
8,642
+62.2%
|
| Gross profit |
59,080
+7.7%
|
54,854
+11.6%
|
49,145
+5.8%
|
46,449
-6.1%
|
49,471
+9.5%
|
45,191
+40.8%
|
32,107
+26.8%
|
25,319
+10.9%
|
22,833
+59.1%
|
14,352
+38.6%
|
| Research and development |
9,645
+22.5%
|
7,876
+8.8%
|
7,237
-12.4%
|
8,263
-5.6%
|
8,749
+0.1%
|
8,736
+43.6%
|
6,085
+9.1%
|
5,578
+53.7%
|
3,628
+46.3%
|
2,479
+15.9%
|
| Selling, general and administrative |
40,317
+55.4%
|
25,943
+19.2%
|
21,762
+2.6%
|
21,212
-11.4%
|
23,934
+14.7%
|
20,871
+87.4%
|
11,138
+15.6%
|
9,636
+38.8%
|
6,941
+67.3%
|
4,148
+30.4%
|
| Operating income |
7,270
-62.6%
|
19,417
+23.7%
|
15,699
+7.4%
|
14,612
+33.0%
|
10,985
-19.7%
|
13,688
+6.0%
|
12,912
+51.8%
|
8,506
-23.0%
|
11,050
+58.3%
|
6,981
+54.7%
|
| Pretax income |
18,757
-12.4%
|
21,422
+52.2%
|
14,071
+8.4%
|
12,986
+38.2%
|
9,394
-62.8%
|
25,272
+7.4%
|
23,535
+64.2%
|
14,337
-10.4%
|
16,007
+83.5%
|
8,721
-31.0%
|
| Income tax |
4,356
-10.8%
|
4,884
+56.5%
|
3,120
+37.8%
|
2,264
-46.5%
|
4,230
-5.3%
|
4,469
+53.9%
|
2,904
+17.8%
|
2,466
-15.0%
|
2,901
+44.9%
|
2,002
+52.8%
|
| Net income |
15,018
-16.2%
|
17,929
+61.8%
|
11,081
+4.6%
|
10,598
+7.9%
|
9,820
-57.3%
|
22,983
+8.9%
|
21,104
+61.2%
|
13,095
+28.2%
|
10,218
+61.0%
|
6,345
-42.8%
|
| Net income to common |
15,353
-13.9%
|
17,841
+61.5%
|
11,044
+4.6%
|
10,558
+8.0%
|
9,774
-57.4%
|
22,941
+8.8%
|
21,080
+61.5%
|
13,053
+28.0%
|
10,201
+60.8%
|
6,345
-42.8%
|
| Basic EPS |
0.83
-12.6%
|
0.95
+72.7%
|
0.55
+10.0%
|
0.50
+11.1%
|
0.45
-57.5%
|
1.06
+6.0%
|
1.00
-80.2%
|
5.06
+26.5%
|
4.00
+56.9%
|
2.55
-43.5%
|
| Diluted EPS |
0.80
-13.0%
|
0.92
+70.4%
|
0.54
+8.0%
|
0.50
+11.1%
|
0.45
-56.7%
|
1.04
+5.1%
|
0.99
-80.1%
|
4.97
+27.1%
|
3.91
+58.3%
|
2.47
-43.0%
|
| Weighted average shares, basic |
18,568
-1.2%
|
18,791
-6.9%
|
20,182
-3.8%
|
20,980
-2.7%
|
21,558
-0.3%
|
21,619
+2.9%
|
21,017
+1.8%
|
20,640
+1.1%
|
20,425
+719.3%
|
2,493
+1.4%
|
| Weighted average shares, diluted |
19,235
-0.4%
|
19,318
-5.1%
|
20,359
-3.6%
|
21,114
-3.1%
|
21,787
-0.9%
|
21,982
+3.0%
|
21,346
+1.7%
|
20,988
+0.5%
|
20,881
+711.5%
|
2,573
+0.4%
|
| Other measures | ||||||||||
| Interest coverage |
5.12x
|
14.68x
|
14.26x
|
16.95x
|
14.19x
|
20.04x
|
17.66x
|
11.00x
|
19.45x
|
17.99x
|
| Margins | ||||||||||
| Gross margin |
39.81%
|
39.95%
|
37.70%
|
36.72%
|
36.76%
|
41.28%
|
44.60%
|
45.09%
|
57.23%
|
62.42%
|
| Operating margin |
4.90%
|
14.14%
|
12.04%
|
11.55%
|
8.16%
|
12.50%
|
17.94%
|
15.15%
|
27.70%
|
30.36%
|
| Pretax margin |
12.64%
|
15.60%
|
10.79%
|
10.27%
|
6.98%
|
23.08%
|
32.69%
|
25.53%
|
40.12%
|
37.93%
|
| Profit margin |
10.12%
|
13.06%
|
8.50%
|
8.38%
|
7.30%
|
20.99%
|
29.32%
|
23.32%
|
25.61%
|
27.59%
|
| Effective tax rate |
23.22%
|
22.80%
|
22.17%
|
17.43%
|
45.03%
|
17.68%
|
12.34%
|
17.20%
|
18.12%
|
22.96%
|
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, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.
New to this? Read How to Read an Income Statement, With a Real Example.
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
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Source: SEC EDGAR filings. This is company-reported data, not investment advice.