Alibaba Group Holding Income Statement

Financials in millions CNY. Fiscal year is April - March.

Millions CNY. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Revenue	1,044,971	1,023,670	996,347	941,168	868,687	853,062
Revenue Growth	4.42%	2.74%	5.86%	8.34%	1.83%	18.93%
Cost of Revenue	645,803	616,136	598,285	586,323	548,562	538,705
Gross Profit	399,168	407,534	398,062	354,845	320,125	314,357
Selling, General & Admin	277,862	278,105	188,260	157,126	145,679	151,721
Research & Development	74,061	66,533	57,151	52,256	56,744	55,465
Amortization of Goodwill & Intangibles	1,619	1,761	1,725	6,745	11,582	10,674
Other Operating Expenses	-1,988	-1,848	-761	-	-	-
Operating Expenses	351,554	344,551	246,375	216,127	214,005	217,860
Operating Income	47,614	62,983	151,687	138,718	106,120	96,497
Interest Expense	-9,667	-9,793	-9,596	-7,947	-5,918	-4,909
Interest & Investment Income	79,140	87,512	20,759	-	-	-
Earnings From Equity Investments	2,706	2,785	5,966	-7,735	-8,063	14,344
Other Non Operating Income (Expenses)	1,665	1,518	3,387	6,157	5,823	10,523
EBT Excluding Unusual Items	121,458	145,005	172,203	129,193	97,962	116,455
Impairment of Goodwill	-13,973	-9,515	-6,171	-10,521	-2,714	-25,141
Gain (Loss) on Sale of Investments	-	-	-	-9,964	-11,071	-15,702
Asset Writedown	-3,318	-3,318	-4,611	-14,847	-3,055	-1,718
Pretax Income	104,167	132,172	161,421	93,861	81,122	73,894
Income Tax Expense	33,978	30,045	35,445	22,529	15,549	26,815
Earnings From Continuing Operations	70,189	102,127	125,976	71,332	65,573	47,079
Minority Interest in Earnings	3,368	1,465	4,133	8,677	7,210	15,170
Net Income	73,557	103,592	130,109	80,009	72,783	62,249
Preferred Dividends & Other Adjustments	232	-2,312	639	268	274	290
Net Income to Common	73,325	105,904	129,470	79,741	72,509	61,959
Net Income Growth	-50.56%	-18.20%	62.36%	9.97%	17.03%	-58.78%
Shares Outstanding (Basic)	2,324	2,321	2,349	2,523	2,623	2,695
Shares Outstanding (Diluted)	2,410	2,404	2,415	2,545	2,639	2,723
Shares Change	0.39%	-0.43%	-5.11%	-3.58%	-3.09%	-0.89%
EPS (Basic)	31.55	45.63	55.12	31.61	27.65	22.99
EPS (Diluted)	29.76	44.00	53.59	31.24	27.46	22.74
EPS Growth	-51.79%	-17.89%	71.52%	13.79%	20.77%	-58.42%

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun '26 Jun 30, 2026	Mar '26 Mar 31, 2026	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022
Free Cash Flow	-76,579	-49,850	77,537	150,506	165,422	89,450
Free Cash Flow Per Share	-31.77	-20.73	32.11	59.14	62.68	32.84
Dividend Per Share	7.242	7.242	7.619	7.221	6.869	-
Dividend Growth	-4.95%	-4.95%	5.52%	5.11%	-	-
Gross Margin	38.20%	39.81%	39.95%	37.70%	36.85%	36.85%
Operating Margin	4.56%	6.15%	15.22%	14.74%	12.22%	11.31%
Profit Margin	7.02%	10.35%	12.99%	8.47%	8.35%	7.26%
Free Cash Flow Margin	-7.33%	-4.87%	7.78%	15.99%	19.04%	10.49%
EBITDA	99,513	110,101	194,146	183,222	153,058	144,562
EBITDA Margin	9.52%	10.76%	19.49%	19.47%	17.62%	16.95%
D&A For EBITDA	51,899	47,118	42,459	44,504	46,938	48,065
EBIT	47,614	62,983	151,687	138,718	106,120	96,497
EBIT Margin	4.56%	6.15%	15.22%	14.74%	12.22%	11.31%
Effective Tax Rate	32.62%	22.73%	21.96%	24.00%	19.17%	36.29%
Advertising Expenses	-	214,246	113,573	88,217	76,818	91,103