Revenue segments as reported by the company.

Core Commerce

Cloud Computing

Digital Media & Entertainment

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Product Development

Amortization of intangible assets

Impairment of goodwill

Other gains, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Alibaba

Taobao is a Chinese online shopping website, which is operated in Hangzhou, Zhejiang by Alibaba Group. It is one of the world's biggest e-commerce websites, as well as one of the world's top 10 most visited websites according to Alexa. As of February 2018, Taobao has over 580 million monthly active users. Founded by Alibaba Group on May 10, 2003, Taobao Marketplace facilitates consumer-to-consumer (C2C) retail by providing a platform for small businesses and individual entrepreneurs to open online stores that mainly cater to consumers in Chinese-speaking regions (Mainland China, Hong Kong, Macau and Taiwan) and also abroad.

Taobao

South China Morning Post is a century old Hong Kong-based, English-language newspaper. It was aquired in December 2015 for about $266 million as part of its plan to grow its media and entertainment business.

South China Morning Post

Lazada is an e-commerce company in six Southeast Asian countries: Vietnam, Indonesia, Malaysia, Singapore, the Philippines and Thailand and is based in Singapore. Lazada was aquired in April 2016 in a $1 billion deal with its founder, Rocket Internet, making it Alibaba’s largest acquisition to date.

Lazada

AutoNavi is a Chinese map and navigation company, in 2014. The company has been providing mapping data to Google for more than a decade, and it also has connections with Apple Inc.

AutoNavi

Ant Financial (Alipay) is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based.  Alipay overtook PayPal as the world's largest mobile payment platform in 2013. In the fourth quarter of 2016, Alipay had a 54% share of China's US$5.5 trillion mobile payment market, by far the largest in the world, although its share fell from 71% in 2015 as its rival Tencent's WeChat Pay was rapidly catching up.

Ant Financial

Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Alibaba reports steady Q1 revenue growth and plans cloud spin-off

Alibaba reported steady revenue growth and a strong focus on core strategies in response to market opportunities. The decision to fully spin off its cloud intelligence group and explore raising external capital reflects a strategic shift towards unlocking shareholder value and global expansion.

Alibaba reports strong Q2 earnings, focuses on AI and international growth

Alibaba Group's Q2 2023 earnings call showcased strong financial performance across various business segments, with a focus on forward-looking statements and strategic investments. The company's digital commerce platforms, cloud segment, and digital media entertainment business group demonstrated notable strengths. However, challenges in navigating the competitive landscape and addressing margin performance for Tmall and Taobao were highlighted. Opportunities lie in leveraging AI and the unique advantage of supply from China for international business growth.

Alibaba reports steady Q3 growth, focuses on AI and cloud

Alibaba's Q3 performance showed revenue growth and improved EBITDA despite challenges in the China market due to COVID.
Strategic investments in AI, cloud computing, and public cloud offerings highlight Alibaba's focus on future growth and innovation.
The company faces challenges in balancing growth, deploying the buyback program effectively, and navigating the impact of COVID on operations.

Alibaba reports solid Q4 results, eyes cloud and global expansion

Alibaba's Q4 performance reflects growth in revenue and EBITDA, driven by strategic focus areas.
Strengths lie in cloud leadership, diversified portfolio, and commitment to enhancing shareholder value.
Challenges include cloud revenue growth, market competition, and balancing profitability with investments.
Opportunities exist in cloud services, AI technology, market expansion, and operational efficiencies.

Alibaba reports solid Q1 earnings, eyes AI revolution and global growth

Alibaba's Q1 2024 earnings call highlighted strong revenue growth, improved EBITDA, and robust free cash flow generation.
The company's focus on user experience, technology innovation, and strategic investments positions it for future growth.
Challenges include margin performance, international competition, and evolving AI landscape, while opportunities exist in AI revolution, cloud services, and overseas commerce.
Alibaba remains confident in maintaining leadership through ongoing investments and strategic positioning in key growth areas.

Alibaba reports robust Q2 earnings, eyes global expansion opportunities

Alibaba's Q2 2024 earnings call highlighted strong financial performance, strategic focus on technology-driven businesses, and market expansion efforts in key regions. Despite challenges related to regulatory restrictions, the company remains well-positioned for growth and value creation for shareholders.

Alibaba reports Q3 revenue growth and plans U.S. market expansion

Alibaba's Q3 2024 earnings call showcased revenue growth, strategic focus on core businesses, and significant shareholder return initiatives. Challenges included decreased non-GAAP net income and widened losses in the AIDC business. Opportunities lie in expanding investments in the U.S. market and improving efficiency in local businesses.

Alibaba reports robust Q4 performance, eyes growth amid challenges

Alibaba's Q4 2024 earnings call highlighted strong financial performance, positive consumer confidence, and strategic initiatives for future growth.
The company's focus on core businesses, AI development, and shareholder returns underscores its commitment to long-term success.
While facing challenges in competitive markets and macroeconomic conditions, Alibaba is well-positioned to leverage opportunities in consumer spending and technology innovation.
By optimizing operations, enhancing user experience, and expanding supply chain capabilities, Alibaba aims to drive sustained growth and shareholder value.

Alibaba excels in Q1 2025 with user-first strategy and cloud growth

Alibaba's Q1 2025 earnings call reflects robust performance, strategic initiatives driving growth, and a focus on profitability. The company's strengths in key segments and plans for expansion signal long-term resilience. Challenges in monetization and competition require careful navigation, while opportunities in new markets and technology advancements offer growth potential.

Alibaba excels in Q2 2025, eyes AI innovation for growth

Alibaba's Q2 2025 performance reflects strong growth in core segments and successful initiatives like the 11-11 Global Shopping Festival. The company's focus on AI and cloud technologies underscores a commitment to innovation and market leadership.
While facing margin and profitability challenges, Alibaba's solid financial position and ongoing investments position it well for future growth. Careful management of fee implementations and a focus on AI-driven efficiencies present avenues for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

We remain buy-rated on Alibaba; we believe the stock is undervalued and see an upside ahead toward 1H24. Alibaba's March quarter results show improving profitability, but revenue growth remains lackluster. We now expect the Chinese economic recovery to take longer to self-sustain. We expect Alibaba's cloud division spin-off to drive growth, as the company's cloud business dominates the Chinese market.

Alibaba: Buy The Undervalued Chinese Bull

BYD Company Limited

Infosys

Li Auto Inc.

Tencent Holdings Limited

Taiwan Semiconductor Manufacturing

Vale S.A.

XPeng

Taiwan Semiconductor Manufacturing Co. Ltd. NYSE: TSM, Tencent Holdings Limited OTCMKTS: TCEHY, Samsung Electronics OTCMKTS: SSNLF, Alibaba Group Holding Ltd.

Are Emerging-Market Stocks Cheap Enough To Stage A Comeback?

The risk-reward makes this very compelling.

Alibaba Stock: Headed to $100?

PayPal

Paypal and Alibaba could be excellent additions to investor portfolios.

Best Stocks to Buy: PayPal vs. Alibaba

Alibaba's latest performance has been better than most have expected. But the e-commerce business in China is still struggling.

1 Major Risk Investors Should Know About Before Buying Alibaba's Stock

Nearly every analyst covering Alibaba rates the stock as a "buy" or "strong buy." Wall Street appears to like the company's opportunities with the Chinese recovery and AI boom.

Here's the Megacap Stock Wall Street Thinks Will Skyrocket the Most Over the Next 12 Months

Baidu

JD.com

China's producer-price inflation is surprisingly weak in May, with prices falling 4.6% from a year earlier. Consumer price inflation climbs just 0.2%.

China Stocks Mixed After Weak Inflation Data. Stimulus Seems Likely.

Alibaba stock is cheap compared to U.S. tech stocks, with a market cap of just over $200 billion and $25 billion in annual free cash flow. BABA faces increased competition in the domestic Chinese market due to regulatory changes, but its international commerce segment continues to grow rapidly. Risks for Alibaba include mixed economic data from China, heightened competition, and ongoing U.S./China tensions.

Alibaba: Why I Bought The Last Dip

Several high-profile investors (such as Charles Munger and Michael Burry) have been buying/adding to their Alibaba Group Holding Limited position lately. Alibaba is currently ranked the top 29th stock most held by super-investors, and their average holding price is ~$100. I interpret these transactions as a move to buy a great company that is experiencing temporary trouble.

Alibaba: Why Does Smart Money Buy/Hold At ~$100?

After yet another post-ER drop, Alibaba's stock is now as cheap as it was back at the October 2022 lows based on its P/FCF multiple of ~8-9x. With China's economic re-opening not going according to plan so far, Chinese government is expected to provide further economic stimulus in the near future. Despite sluggish sales growth, Alibaba's business trends are improving rapidly, with TTM free cash flow rebounding back up to $25B+ in Q4 FY2023.

Alibaba Stock: A Screaming Buy At

The prospect of government stimulus and signs of a strengthening Chinese consumer could be tailwinds for the e-commerce giant.

China Stocks Rise Again Amid PMIs and Stimulus Hopes. It Bodes Well for Alibaba.

Baozun

DingDong Cayman Ltd

Signs of an economic slowdown in China seem to be driving the stimulus bets today. The market seems to like U.S. May jobs data, which was released earlier today.

Why Shares of Alibaba, Dingdong, and Baozun Are Rising Today

The government is considering extra support for the property market, Bloomberg reported Friday.

China Stocks Jump on Stimulus Hopes. Alibaba, Baidu Rise.

Alphabet

Large-cap stocks refer to shares of companies with market capitalizations in excess of $10 billion. Alternatively known as big-cap stocks they offer stability and safety relative to their smaller counterparts.

3 Top-Rated Large-Cap Stocks to Buy (and Never Sell)

The main news was Alibaba's spin-off of the cloud segment and the IPO of first Freshippo and then Cainiao. Spin-offs are the right decision for both the parent company and new public companies. Alibaba will disclose the value of operating and growing units, getting real money for it here and now, getting rid of some financial losses and the need to finance their development independently.

Alibaba: Market Underestimates The Direct Benefit Of Spinning Off Company Divisions

Alibaba's generative AI technology can create text summaries of multimedia content. The company plans to build custom AI tools for corporate cloud clients.

Why Shares of Alibaba Are Rising Today

Alicloud needs to execute well to ride the AI tailwind. An independent Alicloud could access new customer groups.

Alibaba Spinning Off Its Cloud Business Could Be a Stroke of Genius. Here's Why.

Alibaba stock has declined by close to 11% this year to date, as an anticipated rebound in consumer spending in China following the big Covid-19 unlock earlier this ye

Alibaba Stock Looks Undervalued At $80 Per Share

Alibaba says Tongyi Tingwu, its AI-powered assistant, can analyze multimedia content and generate a text summary from video and audio files.

Alibaba begins rollout of its ChatGPT-style tech as China A.I. race heats up

Didi Global

DiDi Global Inc

U.S.-traded shares of Chinese companies Alibaba Group Holding and Didi Global are seeing different reactions Wednesday after weak data on manufacturing pulled down stocks in Hong Kong.

Alibaba and Didi Stocks Are Moving After China's Factory Slump Worsens

Chinese e-commerce giant Alibaba Group Holdings Ltd. NASDAQ: BABA announced in November 2022 that it would be spinning off six companies.

Alibaba Unveils Its Spin-Off Plans

iQIYI

Pinduoduo Inc - ADR

The U.S.-listed stock of Chinese companies moved mostly lower early Wednesday, after weak manufacturing data. China's official manufacturing purchasing managers index fell to 48.8 in May, from 49.2 in April, the National Bureau of Statistics said Wednesday.

Chinese ADRs slump premarket after weaker-than-expected manufacturing data

The two companies are benefiting from the economic reopening in China.

Best Stock to Buy: Alibaba vs. JD.com

Chinese tech equities remain vulnerable to US-China and geopolitical tensions, erasing Alibaba's gains from spinoff hype. Using the term state capitalism to describe China's economic model is inaccurate. Like every other nation, China has a mixed economy that blends capitalism. While the West views China's political system as anti-capitalist, China's economic model has evolved into a unique blend of socialism and capitalism, emphasizing market-oriented principles.

Alibaba: What The West Gets Wrong About China

Last quarter's results were much better than expected.

News for Alibaba Stock (BABA)