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Alibaba Group Holding Limited BABA
$ 114.06 -2.13%
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Annual report 2026
added 05-20-2026

Alibaba Group Holding Limited Income Statement 2026-2011 | BABA

Brief overview of profit and loss at Alibaba Group Holding Limited

The overview follows changes across a five-year period. According to figures from Alibaba Group Holding Limited, revenue changed from 717 billion yuan to 1 trillion yuan over five years. The cumulative result was +42.7%, corresponding to roughly 7.4% per year. Sales increased steadily, although without strong acceleration.

At the gross-profit level, the result moved from 296 billion yuan to 408 billion yuan, a change of +37.6%. There was no major divergence between sales and cost of revenue. Comparing the endpoints gives gross margins of 41.3% and 39.8%. Gross profitability remained broadly stable.

Over the period, EBITDA shifted from 115 billion yuan to 85.1 billion yuan, a change of −26.1%. Changes in revenue did not translate into comparable EBITDA performance. Comparing the endpoints gives EBITDA margins of 16.1% and 8.3%. The margin contraction indicates weaker operating efficiency.

Over the period, net income shifted from 151 billion yuan to 104 billion yuan (−31.2%). The final result developed less favorably than the core business.

Market capitalization changed from 2.3 trillion yuan to 2.5 trillion yuan (+10%). Investor perception of value changed only slightly.

Conclusion

Signs of deterioration dominate the five-year picture. Key strengths include revenue expansion. The main areas of concern are weaker operating efficiency, a weaker final result and weaker gross profitability. The key question is whether sales can be converted into sustainable profit.

Annual Income Statement Alibaba Group Holding Limited

2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

2.5 T 2.16 T 1.57 T 1.74 T 2 T 2.27 T 4.98 T 479 B 456 B 288 B 189 B 190 B - - - -

Shares

18.6 B 18.8 B 20.2 B 21 B 21.6 B 21.6 B 21 B 2.58 B 2.55 B 2.49 B 2.46 B 2.34 B - - - -

Historical Prices

134 115 77.9 83 92.9 105 238 208 183 186 103 68.8 85.1 - - -

Net Income

104 B 130 B 80 B 72.8 B 62.2 B 151 B 149 B 87.9 B 64.1 B 43.7 B 71.5 B 24.3 B 23.3 B 8.53 B 4.23 B 1.71 B

Revenue

1.02 T 996 B 941 B 869 B 853 B 717 B 510 B 377 B 250 B 158 B 101 B 76.2 B 52.5 B 34.5 B 20 B 6.42 B

Cost of Revenue

616 B 598 B 586 B 550 B 539 B 421 B 282 B 207 B 107 B 59.5 B 34.4 B 23.8 B 13.4 B 9.72 B - -

Gross Profit

- - - - - - - 170 B 143 B 98.8 B 66.8 B 52.4 B 39.1 B 24.8 B 13.5 B 5.16 B

Operating Income

50.2 B 141 B 113 B 100 B 69.6 B 89.7 B 91.4 B 57.1 B 69.3 B 48.1 B 29.1 B 23.1 B 24.9 B 10.8 B - -

Interest Expense

9.79 B 9.6 B 7.95 B 5.92 B 4.91 B 4.48 B 5.18 B 5.19 B 3.57 B 2.67 B 1.95 B 2.75 B 2.2 B 1.57 B - -

EBITDA

85.1 B 165 B 137 B 125 B 95.1 B 115 B 112 B 68.5 B 77.5 B 53.2 B 32.9 B 25.7 B 25.5 B 11.4 B 5.5 B 1.94 B

Operating Expenses

- - - - - - - 112 B 72.9 B 50.7 B 36.8 B 28.7 B 13.9 B 13.5 B 8.12 B 3.47 B

General and Administrative Expenses

33.1 B 44.2 B 42 B 42.2 B 31.9 B 55.2 B 28.2 B 24.9 B 16.2 B 12.2 B 9.2 B 7.8 B 4.22 B 2.89 B 2.21 B 640 M

All numbers in CNY currency

Quarterly Income Statement Alibaba Group Holding Limited

2026-Q1 2025-Q1 2024-Q1 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

18.6 B 18.8 B 20.2 B 21 B - - - - - - - 21.7 B - 21.7 B - 21.5 B - - - 20.7 B - - - 20.6 B - - - 2.53 B - - - 2.47 B - - - 2.5 B - - - 2.23 B - - - - - - - - - - - -

Net Income

104 B 130 B 80 B 72.8 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Revenue

1.02 T 996 B 941 B 869 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Cost of Revenue

616 B 598 B 586 B 550 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Operating Income

50.2 B 141 B 113 B 100 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Interest Expense

9.79 B 9.6 B 7.95 B 5.92 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA

85.1 B 165 B 137 B 125 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

General and Administrative Expenses

33.1 B 44.2 B 42 B 42.2 B - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in CNY currency

The income statement is one of the three key financial reports of a company Alibaba Group Holding Limited (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:

  • How much revenue the company earned
  • How much it spent on production, personnel, marketing, taxes, etc.
  • What profit remained in the end

Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.

Features
  • The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
  • Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
  • A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.

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