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Amazon vs Alibaba Group Holding

Amazon is the larger business, with $716.92bn of revenue in fiscal 2025 against $144.18bn for Alibaba Group Holding (5.0 times as much). Amazon grew faster (12.4% against 4.4%). Amazon kept more of each dollar of sales as profit: a net margin of 10.8% against 10.1%. Alibaba Group Holding carries less debt relative to equity (5.3% against 16.9%).

Latest fiscal yearAmazonAMZN, 2025Alibaba Group HoldingBABA, 2026
Revenue $716.92bn $144.18bn
Revenue growth 12.4% 4.4%
Net income $77.67bn $14.59bn
Operating margin 11.2% 4.9%
Net margin 10.8% 10.1%
Return on equity 22.3% 10.0%
Free cash flow $7.70bn $10.73bn
Cash $86.81bn $19.07bn
Total debt $69.29bn $8.10bn
Debt to equity 16.9% 5.3%
Dividend per share — —
Dividend yield — 2.0%
Share buybacks — $1.08bn
Employees 1,576,000 —
Market value $2.66tn $235.74bn
Price vs our value range — Below our value range
Moat score 44 (Weak) —
Insider trades, 12 months 0 buys, 127 sales 3 buys, 13 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.