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

I see very mixed results for Alibaba Group Holding Limited's FY Q1 earnings. Margin pressures and growth uncertainties are among the top of my concerns. The Alibaba bulls are drastically underestimating these headwinds and overstating the attractiveness of its low P/E.

Alibaba Q1: Bulls Underestimated The Headwinds Ahead

Alibaba has outperformed the broader U.S. market since June 5, delivering a 6.7% total return. Despite a 12.9% decline over the last twelve months, Alibaba is up 6.4% YTD, outperforming the iShares MSCI China ETF. Valuation ratios indicate substantial undervaluation, with current multiples significantly below historical averages.

Alibaba: Riding The Wave Of A Strengthening Macroeconomic Environment

Alibaba's new leadership, with Eddie Wu as CEO, focuses on improving customer experience and stabilizing market share. GMV growth has shown resiliency for two consecutive quarters. The Cloud and International Commerce segments are improving and could prove to be key economic profit drivers in the future.

Alibaba: Now Or Never

HANGZHOU, China , Sept. 4, 2024 /PRNewswire/ -- Alibaba International Digital Commerce Group ("Alibaba International") today concluded its Global E-commerce Challenge (GEC) 2024 with a global finals event in Hangzhou, China, spotlighting exceptional young innovators worldwide.

Alibaba International Wraps Up 2024 Global E-Commerce Challenge, Highlighting Youth Innovation

Though Michael Burry is best known for taking skillful short positions – as exemplified by his role in the famous ‘ Big Short ' during the Great Recession – his most-discussed current trade has been his investment in Alibaba (NYSE: BABA).

Here's why ‘Big Short' M. Burry's most controversial bet may soon pay off

Tencent Holdings Limited

Chinese tech giant Alibaba said on Wednesady that its core Taobao and Tmall e-commerce platforms will now allow payment through Tencent's WeChat app for the first time. Previously, Alibaba's Chinese e-commerce sites only accepted limited payment options and pushed WeChat Pay rival Alipay as one of the main ways to pay.

Alibaba to allow payment through Tencent's WeChat Pay for the first time on e-commerce apps

Chinese e-commerce giant Alibaba's domestic platforms, Taobao and Tmall, will begin accepting payments from Tencent's WeChat pay, according to a source familiar with the matter.

Alibaba's domestic e-commerce platforms will begin accepting Tencent's Wechat Pay as a payment option

Advance Auto Parts

PayPal

When investors face the current volatility and uncertainty in the stock market, it might be hard to keep a cool head and stay away from the sell button. However, this is precisely when they should scour the market for better opportunities and deals.

3 Undervalued Stocks That Are Surprisingly Cheap Right Now

Most stock market investors are often worried about one market and one market alone: the U.S. stock market and its recent developments. They often fail to recognize that today's global economy is more connected than ever before, so what happens in one country affects other countries (and their stocks) in a big way.

Why Mega Investors Are Betting Big on Alibaba Stock's Comeback

China's State Administration of Market Regulation (SAMR) said on Friday that Alibaba Group had completed three years "rectification" following a record $2.75 billion fine levied in 2021 for monopolistic practices.

Key events during China's regulatory scrutiny of Alibaba

Amazon

Alphabet

Before bargain hunting, it's crucial to grasp what makes a stock undervalued.

3 Undervalued Stocks That Could Have 25% Upside This Year, Or More

Alibaba Group (BABA) shares traded in the U.S. gained Friday after Chinese regulators said the e-commerce giant completed a three-year “rectification” over charges it engaged in monopolistic practices.

Alibaba Gains after Chinese Regulators Complete 3-Year Antitrust Probe

After a three-year-long probe into its monopolistic practices, Alibaba (NYSE: BABA) received a green light from the Chinese State Administration for Market Regulation (SAMR) in a statement on August 30, in what some experts see as a ‘new start' for the e-commerce giant.

Analyst lays out path for BABA stock to $116, citing a ‘new start'

Baidu

As several popular U.S.-listed Chinese stocks begin to show signs of a rebound, investors are left wondering whether now is the right time to jump back into the market or if these gains could be another value trap. The iShares China Large-Cap ETF NYSE: FXI has managed to buck its downtrend this year, trending nearly 10% higher year-to-date and consolidating above its 200-day SMA in a bullish pattern.

Are These Chinese Stocks a Buy? Michael Burry's Top Picks Say Yes

Alibaba stock was up sharply in premarket trading Friday after Chinese regulators cleared the company of monopolistic practices.

Alibaba Stock Soars After Key China Ruling, But Is BABA Stock A Buy Now?

Alibaba has completed a three-year regulatory "rectification" process following an antitrust fine it received for monopolistic practices in 2021, China's market regulator said on Friday. China's State Administration for Market Regulation (SAMR) said that, over the past few years, it has been supervising Alibaba's process to become compliant with antitrust regulations.

Alibaba jumps 4% in premarket after it completes three-year regulatory overhaul

Chinese e-commerce and cloud behemoth Alibaba stock has risen by about 5% this year, although it remains down by over 70% from the highs seen in 2021. In comparison, its U.S.-based peer Amazon has gained about 14% since early January.

Alibaba Stock Is Down 70% From Highs, But Its AI Push Is Yielding Results

Alibaba's strong free cash flow and low profit multiple of 8.3x make it an undervalued investment with a positive risk/reward profile. Despite slowing sales growth in 1Q25, BABA's cloud segment and free cash flow remain robust, supporting future share repurchases. The stock's technical setup is bullish, with improving investor sentiment and potential for a breakout as retail spending in China recovers.

I Am Still Buying Alibaba Group Hand Over Fist Here

The 7B and 2B variants are available under open source permissive Apache 2.0 licenses, allowing enterprises to use them at will.

Alibaba releases new AI model Qwen2-VL that can analyze videos more than 20 minutes long

Alibaba's recent earnings failed to impress Wall Street, but there were several silver linings that can turn the stock into a good option at the current price. Alibaba's cloud operation showed 155% growth in EBITA and the annualized EBITA of cloud business has reached $1.2 billion or 9% of the revenue base. The company repurchased stock worth $5.8 billion and has expunged 77 million shares or 3.2% of the outstanding shares in a single quarter.

Alibaba Keeps On Rewarding Investors As New Silver Linings Emerge

Alibaba is a heavy user of AI in its e-commerce business. AI could be transformational to Alibaba's cloud computing business.

Artificial Intelligence (AI) Could Help Alibaba Regain Its Glory. Here's How.

Alibaba's e-commerce segment delivered high single-digit growth in GMV. Meanwhile, its overseas business grew quarterly revenue by an impressive 32%.

3 Reasons I'm Cautiously Optimistic About Alibaba's Recovery

Apple

AbbVie

AGNC Investment

Antero Midstream Partners

Apple Hospitality REIT

Ares Capital

Apollo Commercial Real Estate Finance

Broadcom

Boeing

Bank of America

BASF SE

Brookfield Renewable Partners

B&G Foods

bluebird bio

Bank of Montreal

Bayerische Motoren Werke AG

Bank of Nova Scotia

BRT Apartments

Blackstone Group

Blackstone Secured Lending Fund

Colgate-Palmolive

Investment activity in July focused on Business Development Companies, with $2,000 added to the market. Adjusted dividend income in July of $709, up 19% Y/Y and down 4% sequentially. Main picks included Blackstone Secured Lending, Ares Capital and Owl Rock Capital.

My Dividend Stock Portfolio: New July Dividend Record - 101 Holdings With 24 Buys

Pinduoduo Inc - ADR

PDD's Q2 earnings report revealed a shift toward high-quality brands, leading to a 30% stock price drop due to long-term margin concerns and no share buybacks. Despite market confusion, PDD's non-GAAP operating margin surpassed Alibaba's, suggesting a strategic move to challenge Alibaba's dominance soon. Management's confidence in their strategy is evident from increased merchant participation and cash reserves, indicating readiness for competitive challenges.

PDD Holdings' Chess Move: Sacrificing Margins To Checkmate Alibaba

Alibaba's big competitor is now facing major headwinds.

News for Alibaba Stock (BABA)