Alibaba Group Holding (BABA) financials
Alibaba Group Holding revenue and earnings by year
Alibaba Group Holding's revenue was $148 billion in the fiscal year to March 31, 2026, up 8.2% from the year before. Net income was $15.0 billion, 10.1% of revenue. Since the fiscal year to March 31, 2017, revenue has grown 23.0% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 148.5 | 137.3 | 130.4 | 126.4 | 134.6 | 109.5 | 72.0 | 56.2 | 39.8 | 23.0 |
| Revenue growth | 8.2% | 5.3% | 3.1% | -6.0% | 22.9% | 52.1% | 28.2% | 41.1% | 73.3% | — |
| Gross profit | 59.1 | 54.9 | 49.1 | 46.4 | 49.5 | 45.2 | 32.1 | 25.3 | 22.8 | 14.3 |
| Gross margin | 39.8% | 40.0% | 37.7% | 36.7% | 36.8% | 41.3% | 44.6% | 45.1% | 57.2% | 62.4% |
| Operating income | 7.3 | 19.4 | 15.7 | 14.6 | 11.0 | 13.7 | 12.9 | 8.5 | 11.0 | 7.0 |
| Operating margin | 4.9% | 14.1% | 12.0% | 11.6% | 8.2% | 12.5% | 17.9% | 15.1% | 27.7% | 30.4% |
| Net income | 15.0 | 17.9 | 11.1 | 10.6 | 9.8 | 23.0 | 21.1 | 13.1 | 10.2 | 6.3 |
| Net margin | 10.1% | 13.1% | 8.5% | 8.4% | 7.3% | 21.0% | 29.3% | 23.3% | 25.6% | 27.6% |
| Free cash flow | -7.2 | 11.0 | 20.9 | 24.2 | 14.1 | 29.1 | 20.9 | 15.1 | 16.9 | 10.4 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open BABA in Markets.
See also: BABA valuation and P/E history · BABA returns
No forecast, no recommendation. This page describes Alibaba Group Holding from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.