Alibaba Group Holding Ltd income statement
In fiscal 2026, Alibaba Group Holding Ltd reported revenue of $144.18bn, up 4.4% on the year before, operating income of $7.06bn (a 4.9% margin) and net income of $14.59bn, or $6.20 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.5 | 8.6 | 12.3 | 15.9 | 23.5 | 37.8 | 56.3 | 73.2 | 105.9 | 132.9 | 126.9 | 131.4 | 138.1 | 144.2 |
| Cost of revenue | 1.5 | 2.2 | 3.8 | 5.4 | 8.8 | 16.2 | 30.9 | 40.6 | 62.2 | 84.1 | 80.3 | 81.8 | 82.9 | 86.8 |
| Gross profit | 3.9 | 6.4 | 8.5 | 10.5 | 14.7 | 21.6 | 25.4 | 32.7 | 43.7 | 48.9 | 46.6 | 49.5 | 55.2 | 57.4 |
| Research and development | 0.6 | 0.8 | 1.7 | 2.2 | 2.5 | 3.4 | 5.6 | 6.2 | 8.4 | 8.6 | 8.3 | 7.3 | 7.9 | 9.4 |
| Selling and marketing | 0.6 | 0.7 | 1.4 | 1.8 | 2.4 | 4.1 | 5.9 | 7.3 | 12.0 | 18.7 | 15.1 | 16.1 | 20.0 | 34.5 |
| General and administrative | 0.5 | 0.7 | 1.3 | 1.4 | 1.8 | 2.5 | 3.7 | 4.1 | 8.2 | 5.0 | 6.2 | 5.9 | 6.1 | 4.7 |
| Operating income | 1.7 | 4.1 | 3.7 | 4.6 | 7.1 | 10.5 | 8.5 | 13.1 | 13.2 | 10.9 | 14.7 | 15.8 | 19.5 | 7.1 |
| Interest expense | 0.3 | 0.4 | 0.4 | 0.3 | 0.4 | 0.5 | 0.8 | 0.7 | 0.7 | 0.8 | 0.9 | 1.1 | 1.3 | 1.4 |
| Provision for credit losses | 0.0 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.4 | — | — | — |
| Income before tax | 1.6 | 4.4 | 5.2 | 12.8 | 8.9 | 15.2 | 14.4 | 23.9 | 24.4 | 9.3 | 13.0 | 14.2 | 21.5 | 18.2 |
| Income tax | 0.2 | 0.5 | 1.0 | 1.3 | 2.0 | 2.7 | 2.5 | 3.0 | 4.3 | 4.2 | 2.3 | 3.1 | 4.9 | 4.2 |
| Net income | 1.4 | 3.8 | 3.9 | 11.2 | 6.5 | 9.7 | 13.1 | 21.5 | 22.2 | 9.7 | 10.6 | 11.2 | 18.0 | 14.6 |
| Diluted EPS | $0.57 | $1.63 | $1.57 | $4.39 | $2.52 | $3.70 | $4.98 | $8.03 | $8.08 | $3.54 | $4.01 | $4.37 | $7.43 | $6.20 |
| Diluted shares (average) | 2,389m | 2,332m | 2,500m | 2,562m | 2,573m | 2,610m | 2,624m | 2,668m | 2,748m | 2,723m | 2,639m | 2,545m | 2,415m | 2,404m |
| EBITDA | 1.8 | 4.3 | 4.1 | 5.2 | 7.9 | 11.8 | 10.7 | 16.1 | 17.0 | 14.8 | 18.3 | 19.1 | 22.9 | 12.0 |
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