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

The Chinese equity market has been out of favor since the United States decided to stimulate the economy with newly printed dollar bills and rock-bottom interest rates as a way to pull the nation out of the slump brought on by the COVID-19 pandemic. While the American equity market has received all the attention and preference from investors, through investment influx as well as overall bullishness with earnings multiples exceeding the historical norm of 18x to 20x.

Alibaba Just Changed The Game For Chinese Tech Conglomerates

Alibaba stands to lose its cloud leadership in China. Alibaba remains attractive and cheaply valued when compared to Western alternatives.

Alibaba Stands To Lose Its Cloud Crown In 2023

It's the largest restructuring ever for the group, with important implications for shareholders as well as the wider Chinese tech sector.

Alibaba May Cede Control of Some Units in Split-Up Plan. Probably Not These Two.

The division of the E-Commerce giant is lifting the grim sentiment around the company, and a new chapter of Jack Ma's empire is beginning. Alibaba meets the requirements of a wonderful business. Despite the uncertainties associated with an investment in a Chinese company, the reward may significantly outweigh the risk.

Alibaba: Another Confirmation That The Business Is Undervalued

Alibaba (NYSE: BABA), the Chinese multinational technology company, recently announced this week its plan to restructure into six different business units, a strategic move intended to enhance operational efficiency and drive long-term growth.

This ‘Big Short' Michael Burry-backed stock just popped 15%

2 Cheap AI Stocks to Buy Now

The market reacted enthusiastically to Alibaba's restructuring announcement. Yet there are reasons to be skeptical.

Alibaba: Some Will Get Rich Before Others

Chinese e-commerce giant Alibaba has managed to excite investors by announcing plans to split itself into six smaller units. But analysts are questioning if the restructured businesses will deliver greater gains over the longer term.

Alibaba's Restructuring Plan Appeases Regulators, But Should Investors Buy Into The Hype?

"We believe this will allow all of our businesses to become more agile

Alibaba tells investors its overhaul will make the business more 'agile' with market changes

Alibaba spent $3.3 billion on share repurchases in the previous quarter which allowed the company to buy back 1.75% of outstanding stock. The company has another $21 billion in current authorization to buy back shares which would expunge 10% of outstanding stock at current price.

Alibaba Unleashes Next EPS Growth Driver

Alibaba Group Holding announced the largest restructuring in its history today. The e-commerce conglomerate will split into six companies, fragmenting its $226.7 billion market cap.

Alibaba, China's Biggest Tech Conglomerate, to Be Split Into 6 Units

Alibaba's major reorganization is viewed as a sign that the Chinese government could be relaxing its intense scrutiny of the domestic technology sector.

After a more than $1 trillion rout, Beijing appears to be warming to Chinese tech giants

Alibaba Group's restructuring will allow all business units to become more agile, and enhance faster decision-making and faster responses to market changes, the tech conglomerate's Chief Executive Daniel Zhang said on Thursday.

Alibaba restructuring to enhance decision-making, CEO says

In an ambitious and far reaching move, China is signaling a new approach to Big Tech. And by extension, entrepreneurship and innovation will blossom.

Alibaba's Split Signals Shift in China Big Tech Approach, or Maybe Not

iShares MSCI All Country Asia ex Japan ETF

iShares Asia 50 ETF

Amazon

iShares China Large-Cap ETF

KraneShares CSI China Internet ETF

Proshares Online Retail ETF

Invesco Golden Dragon China ETF

BABA thrilled the global stock markets by announcing plans to split into six different companies. As an ETF wonk, that prompted me to drill down to identify a variety of ways to capitalize on further BABA success, via ETFs that own it.

Alibaba Splits 6 Ways: A 6-Pack Of ETFs To Consider

The plan to break the internet behemoth into six 'mini-Babas' addresses some worries but also underscored longer-term concerns about Chinese stocks.

Alibaba's Split Is a Hit. Why It Won't Be a Walk in the Park.

The recent restructuring has BABA investors bullish once again.

Alibaba Stock Surges on Reorganization: More Upside Ahead?

Alibaba Group Holding Limited announced earlier this week that it intends to restructure the company into six separate units eligible for independent capital raising and IPOs subject to regulatory approval. The company is preparing for a detailed press release pertaining to the change on March 30th, which could be key to confirming the market's cautious optimism observed in the stock's rally.

What You Need To Know About Alibaba's New Organizational And Governance Structure

Alibaba's stock lost approximately 80% from peak to trough in its downturn recently. However, now that many concerns are alleviated, Alibaba can focus on making money.

Alibaba: Unlocking Shareholder Value

Alibaba Group Holding Ltd (NYSE: BABA) is splitting into six separate businesses to unlock shareholder value. But Kingston Securities' Dickie Wong says it's not a strong enough reason to invest in this stock.

Alibaba breakup is no reason to buy the stock, analyst says

Analysts at J.P. Morgan expect shares in Alibaba to keep climbing after its reorganization announcement.

Alibaba Stock Could Double Over Its Plan to Split

First Trust Dow Jones International Internet ETF

The Chinese tech giant Alibaba shares surged on the news of restructuring. Several Chinese tech companies' shares to popped on the news.

Alibaba Shares Surge on Restructuring News: ETFs in Focus

Lululemon Athletica

It was a slow Tuesday with stocks largely unchanged.

Strong Earnings From Lululemon And Alibaba Splitting

Alibaba announced a major change to its organizational structure yesterday. The break-up could be a major catalyst for Alibaba to re-rate to a higher valuation.

News for Alibaba Stock (BABA)