Also trades as: 9988.HK (HKSE) · $vol 1113M · AHLA.DE (XETRA) · $vol 3M · AHLA.F (FSX) · $vol 2M · BABAF (OTC) · $vol 2M · 89988.HK (HKSE) · $vol 1M · BABA.SW (SIX) · $vol 0M · 2RR.F (FSX) · $vol 0M

$100.24

-0.01 (-0.01%)

Weekly Expected Move ±4.8%

$90 $95 $100 $104 $109

NYSE · Consumer Cyclical · Specialty Retail · Tech Score Strong Sell · Power 33 · $249.4B mcap · 2.22B float · 0.500% daily turnover · Short 41% of daily vol

Credit Risk of going bust: lower than 64% of companies Debt: 13.8% of company value Bonds: $630.7M held by 193 funds, 57 bp over Treasuries → details ▾

If the stock fell to about $1.49 (down 99%), Alibaba Group Holding Limited would be worth roughly what it owes.
Total debt $40.04B against a stock market value of $249.40B.
Distance to default 6.67 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $22.32B (short-term plus half of long-term), stock volatility 40.2%; Altman Z'' 3.47. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$1.02T +2.7% ▲

5Y CAGR: +7.4%

Gross Profit

$407.5B +2.4% ▲

5Y CAGR: +6.6%

Operating Income

$59.7B -57.7% ▼

5Y CAGR: -7.8%

Net Income

$103.6B -20.4% ▼

5Y CAGR: -7.2%

EPS (Diluted)

$44.00 -17.9% ▼

5Y CAGR: -4.3%

EBITDA

$186.3B -2.0% ▼

5Y CAGR: -3.1%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$853.1B	$868.7B	$941.2B	$996.3B	$1.02T
YoY Growth	+18.9%	+1.8%	+8.3%	+5.9%	+2.7%
Cost of Revenue	$539.5B	$549.7B	$586.3B	$598.3B	$616.1B
Gross Profit	$313.6B	$319.0B	$354.8B	$398.1B	$407.5B
Gross Margin	36.8%	36.7%	37.7%	40.0%	39.8%
R&D Expenses	$55.5B	$56.7B	$52.3B	$57.2B	$66.5B
SG&A Expenses	$151.7B	$145.7B	$157.1B	$188.3B	$278.1B
Operating Expenses	$244.0B	$218.6B	$241.5B	$257.2B	$347.9B
Operating Income	$69.6B	$100.4B	$113.3B	$140.9B	$59.7B
Operating Margin	8.2%	11.6%	12.0%	14.1%	5.8%
Interest Expense	$20.6B	$17.0B	$17.9B	$9.6B	$9.8B
Income Before Tax	$73.9B	$81.1B	$93.9B	$161.4B	$132.2B
Tax Expense	$26.8B	$15.5B	$22.5B	$35.4B	$30.0B
Net Income	$62.2B	$72.8B	$80.0B	$130.1B	$103.6B
Net Margin	7.3%	8.4%	8.5%	13.1%	10.1%
EPS (Diluted)	$22.72	$27.44	$31.36	$53.60	$44.00
EBITDA	$128.2B	$153.1B	$164.0B	$182.7B	$186.3B
Shares Outstanding	2.72B	2.64B	2.54B	2.41B	2.40B

Line Item	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2	FY2026 Q3	FY2026 Q4	FY2027 Q1
Revenue	$236.5B	$280.2B	$236.5B	$247.7B	$247.8B	$284.8B	$243.4B	$268.2B
Cost of Revenue	$144.0B	$162.5B	$145.6B	$136.4B	$150.8B	$169.5B	$159.4B	$166.3B
Gross Profit	$92.5B	$117.6B	$90.8B	$111.2B	$97.0B	$115.3B	$84.0B	$101.9B
Gross Margin	39.1%	42.0%	38.4%	44.9%	39.2%	40.5%	34.5%	38.0%
R&D Expenses	$14.2B	$14.7B	$14.9B	$15.0B	$17.1B	$15.5B	$19.0B	$22.5B
SG&A Expenses	$42.2B	$53.5B	$46.5B	$60.6B	$73.9B	$80.3B	$63.4B	$60.2B
Operating Expenses	$57.2B	$76.4B	$62.4B	$76.2B	$91.6B	$95.1B	$84.8B	$82.6B
Operating Income	$35.2B	$41.2B	$28.5B	$35.0B	$5.4B	$20.2B	-$848M	$19.3B
Operating Margin	14.9%	14.7%	12.0%	14.1%	2.2%	7.1%	-0.3%	7.2%
Interest Expense	$2.4B	$2.5B	$2.5B	$2.5B	$2.5B	$2.6B	$2.2B	$2.3B
Income Before Tax	$50.9B	$57.6B	$18.8B	$51.2B	$26.2B	$24.1B	$30.7B	$23.2B
Tax Expense	$7.4B	$11.1B	$6.9B	$8.9B	$5.5B	$8.5B	$7.2B	$12.8B
Net Income	$44.0B	$49.1B	$12.6B	$40.6B	$21.0B	$16.4B	$25.5B	$10.6B
Net Margin	18.6%	17.5%	5.3%	16.4%	8.5%	5.8%	10.5%	3.9%
EPS (Diluted)	$18.16	$20.40	$5.20	$18.00	$8.72	$6.64	$10.40	$3.68
EBITDA	$54.0B	$59.0B	$21.8B	$53.5B	$35.5B	$37.9B	$47.5B	$31.8B
Shares Outstanding	2.42B	2.40B	2.39B	2.39B	2.40B	2.41B	2.40B	2.42B

BABA NYSE