Share

Profile & Fundamentals

Alibaba Profile & Fundamentals

Name: Alibaba financial chart data preview
Creator: iPulse AI
License: https://ipulseai.com/terms

Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.

Interactive annual & quarterly chartsAI financial reviewsReported source tables

Explore this pageJump to a Profile & Fundamentals section

Explore this research

Profile & Fundamentals contents

Jump directly to any section

Company and Market Context

Company Profile & Ownership

Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses in the People's Republic of China and internationally. It operates through the Alibaba China E-Commerce Group, Alibaba International Digital Commerce Group, Cloud Intelligence Group, and All Others segments. The Alibaba China E-commerce Group segment operates Taobao and Tmall, which are digital retail platforms; Taobao Instant Commerce, a local services and on-demand delivery platform; 1688.com, a domestic wholesale marketplace; and Xianyu, a consumer-to-consumer community and marketplace for idle goods. Its Alibaba International Digital Commerce Group segment includes AliExpress, a global e-commerce platform; Trendyol, an e-commerce platform in Turkey; Lazada, an e-commerce platform in Southeast Asia; Daraz, an e-commerce platform in South Asia, primarily in Pakistan and Bangladesh; and Alibaba.com, an integrated international online wholesale marketplace. The Cloud Intelligence Group segment offers a suite of cloud services based on infrastructure-as-a-service, platform-as-a-service, and model-as-a-service. Its All Others segment comprises Amap, a provider of mobile digital maps, navigation, and real-time traffic information in China; Cainiao, which provides logistics solutions; Youku, an online long-form video platform in China; Freshippo, a retail platform for groceries and fresh goods; and Alibaba Health, a pharmaceutical and healthcare services platform. Alibaba Group Holding Limited was incorporated in 1999 and is based in Hangzhou, China.

Company profile record

Alibaba Group Holding Ltd

Common Stock · Consumer Discretionary · Internet & Direct Marketing Retail

Official website

Company

Company / asset: Alibaba Group Holding Ltd
Security type: Common Stock
Sector: Consumer Discretionary
Industry: Internet & Direct Marketing Retail
HQ: 🇨🇳 China
Head office: 960-1 West Wen Yi Road, Hangzhou, China, 311121

Leadership & scale

Chief executive: Mr. Yongming Wu
CEO year born: 1975
Full-time employees: 132.2K
Fiscal year end: March

Fundamentals snapshot

Updated 2026-09-16

Market Cap: HKD 2.11T
P/E: 25.5x
Revenue (Q2 26): CNY 267.8B
Profit (Q2 26): CNY 10.6B
Dividend Yield: 0.9%
Revenue (FY 26): CNY 1.02T
Shares in public float: 17.8B
Insider ownership: 4.69%

Reporting & identifiers

Symbol: 9988.HKEX
Listing: 🇭🇰 Hong Kong | Dividend Tax: 0%
Ticker Currency: HKD
Income Statement Currency: CNY
Balance Sheet Currency: CNY
Cash Flow Currency: CNY
EPS Currency: CNY
Contract Type: SPOT
ISIN: KYG017191142
Asset ID: equity_85f9f80c-2913-5bac-816a-0b9ad6226c1f

Ownership

Shares Outstanding

Shares outstanding

Annual reported shares outstanding. Values in shares.

Earnings, Profitability & Valuation

Earnings & Revenue

AI Review

On the surface, the company's latest financial results look highly concerning, with flat revenue growth and a dramatic drop in free cash flow, which has turned deeply negative. However, there is strong agreement among experts that this cash drain is not a sign of business failure, but rather a deliberate choice to spend heavily on building a massive artificial intelligence and cloud network. While the core online shopping business continues to generate steady sales, profits are being temporarily sacrificed for this long-term technology pivot. Opinions differ on how quickly these investments will pay off. Optimistic views expect a rapid recovery in profits within the next two years as the new services scale, while more cautious perspectives warn that heavy depreciation costs will drag down reported earnings for a much longer period, making the recovery slower and more painful.

Revenue, Net Income, and Free Cash Flow

Revenue
Free cash flow
Net income

Annual reported financial results, converted using the statement's recorded USD conversion. Missing values are omitted. Values in USD.

Valuation

Historical P/E Ratio

Published P/E

Published valuation snapshots. Trailing four-quarter earnings where available; annual earnings otherwise. Non-positive earnings are omitted. Values in times earnings.

Profitability & Margins

AI Review

The company's profit margins have shrunk significantly, driven by a combination of intense price wars in the online shopping business and heavy spending on new technology. Experts agree that the era of easy, high- in traditional e-commerce is over, as the company must continuously spend to defend its market share against aggressive discount rivals. However, there is a sharp clash of opinions regarding the future margin outlook. Optimistic views suggest that margins are currently at a temporary low point and will rebound strongly as the new cloud and artificial intelligence businesses begin to generate high-margin software revenues. In contrast, more skeptical views argue that margins will remain permanently depressed due to ongoing price wars in the cloud sector and the heavy, long-term costs of maintaining and depreciating expensive technology infrastructure, keeping the company's overall profitability under pressure.

Profitability Margins

Gross margin
Operating margin
Net margin
Free cash flow margin

Annual gross, operating, net income and free cash flow divided by revenue for matching reporting dates. Values in percent.

Complete Research Workspace

Unlock the complete Profile & Fundamentals

Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.

Sign in to check access View Base plan

Paywalled preview begins: Reported Data Tables — chart preview

From this section to the end-of-preview notice below, research is provided as simplified HTML text and tables. Full access provides the complete interactive interface, charts and additional datasets.

Reported Data Tables — chart preview

The following tables contain the same values as the financial charts above. Monetary values are USD; margins are percentages. Missing inputs are not estimated. Use is subject to the iPulse AI Terms of Service and applicable source rights.

Source: eodhd. Statement snapshots with chart transformations and ratios calculated by iPulse AI. Snapshot retrieved 2026-09-17.

Annual earnings and profitability
Period end	Revenue	Free cash flow	Net income	Gross margin	Operating margin	Net margin	Free cash flow margin
2017-03-31	22,971,407,837.45	9,304,474,746.01	6,338,896,952.1	62.42	30.36	27.59	40.5
2018-03-31	39,851,273,885.35	14,316,408,439.49	10,205,891,719.75	57.23	27.7	25.61	35.92
2019-03-31	56,161,549,925.48	15,105,252,011.92	13,097,764,530.55	45.09	15.15	23.32	26.9
2020-03-31	71,993,079,096.05	19,585,641,949.15	21,106,355,932.2	44.6	17.94	29.32	27.2
2021-03-31	109,509,770,992.37	27,780,625,190.84	22,989,007,633.59	41.28	12.5	20.99	25.37
2022-03-31	134,552,365,930.6	13,872,165,299.68	9,818,454,258.68	36.76	8.16	7.3	10.31
2023-03-31	126,446,433,770.01	24,093,568,413.39	10,594,323,144.1	36.72	11.55	8.38	19.05
2024-03-31	130,355,678,670.36	20,889,602,216.07	11,081,578,947.37	37.7	12.04	8.5	16.03
2025-03-31	128,065,167,095.12	10,046,106,940.87	16,723,521,850.9	39.95	14.14	13.06	7.84
2026-03-31	148,357,971,014.49	-7,351,304,347.83	15,013,333,333.33	39.81	5.83	10.12	-4.96

Published valuation snapshots
Period end	P/E (times earnings)	Earnings basis
2026-03-31	19.98	Trailing four quarters
2025-03-31	19	Trailing four quarters
2024-03-31	15.9	Trailing four quarters
2023-03-31	24.53	Annual net income
2022-03-31	30.49	Annual net income

Shares outstanding — chart values
Reporting date	Shares outstanding
2017-01-01	20,920,000,000
2018-01-01	20,912,000,000
2019-01-01	21,393,000,000
2020-01-01	22,021,000,000
2021-01-01	21,716,000,000
2022-01-01	20,912,000,000
2023-01-01	20,321,000,000
2024-01-01	19,200,000,000
2025-01-01	19,310,000,000
2026-01-01	19,324,000,000

End of the paywalled preview

The excerpt from Reported Data Tables — chart preview to this notice is the simplified paywalled content included on this page. A signed-in, verified account with the required subscription provides the full interactive interface and the additional research, datasets and tools listed below.

Those additional materials are not included in this preview and cannot be revealed by removing its visual restrictions.

Additional with full access

Earnings, Profitability & Valuation
- Complete profitability ratios
- EPS history and estimate comparisons
- Execution vs expectations
- Annual and quarterly financial views
Capital Expenditure & R&D
- Capital allocation AI review
- Annual capital expenditure
- Investment intensity trends
- Capex and R&D intensity indicators
Balance Sheet
- Balance sheet AI review
- Assets, debt and equity
- Capital structure
- Liquidity and leverage
- Retained earnings
Dividends & Actions
- Cash dividends paid
- Dividend indicators
- Buybacks and issuance
- Combined shareholder returns
- Available corporate actions

Explore complete public research examples

These public assets show the complete asset profiles, fundamental datasets and analysis. Their findings concern those assets, not this report.