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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	1,012,055	957,307	941,168	876,687	853,062	717,289
Revenue Growth (YoY)	5.21%	1.71%	7.36%	2.77%	18.93%	40.73%
Cost of Revenue	605,360	598,285	586,323	550,463	539,450	422,968
Gross Profit	406,695	359,022	354,845	326,224	313,612	294,321
Selling, General & Admin	234,488	197,065	167,218	145,644	152,001	136,743
Depreciation & Amortization Expenses	4,527	6,336	12,592	13,504	13,647	10,430
Research & Development	63,692	57,151	52,256	56,744	55,465	74,057
Other Operating Expenses	5,669	5,410	10,521	2,714	25,141	-
Operating Income	110,052	140,905	113,350	100,351	69,638	89,678
Interest Income	40,998	20,759	-9,964	8,369	-14,799	79,855
Interest Expense	-9,976	-9,596	-7,947	-5,918	-5,909	-4,476
Other Non-Operating Income (Expense)	12,674	9,353	-1,578	-2,240	24,864	14,566
Total Non-Operating Income (Expense)	43,696	20,516	-19,489	211	4,156	89,945
Pretax Income	153,748	161,421	93,861	100,562	73,794	179,623
Provision for Income Taxes	32,418	35,445	22,529	15,549	26,815	29,278
Net Income	125,433	129,470	79,741	92,509	61,959	150,308
Minority Interest in Earnings	-1,953	-4,133	-8,677	-7,210	-15,170	-7,294
Net Income Attributable to Preferred Dividends	-2,079	639	268	274	290	270
Net Income to Common	125,433	129,470	79,741	92,509	61,959	150,308
Net Income Growth	46.11%	62.36%	-13.80%	49.31%	-58.78%	0.70%
Shares Outstanding (Basic)	2,319	2,349	2,523	2,623	2,695	2,702
Shares Outstanding (Diluted)	2,396	2,415	2,545	2,639	2,723	2,748
Shares Change (YoY)	-3.23%	-5.11%	-3.58%	-3.09%	-0.89%	2.98%
EPS (Basic)	54.00	55.12	31.60	27.68	22.96	55.68
EPS (Diluted)	52.32	53.60	31.28	27.44	22.72	54.72
EPS Growth	49.31%	71.36%	13.99%	20.77%	-58.48%	-2.15%
Free Cash Flow	129,206	77,537	150,506	165,422	89,450	190,336
Free Cash Flow Growth	66.64%	-48.48%	-9.02%	84.93%	-53.00%	28.56%
Free Cash Flow Per Share	53.93	32.11	59.14	62.68	32.85	69.27
Dividends Per Share	7.619	7.619	7.221	6.869	-	-
Dividend Growth	-	5.52%	5.11%	-	-	-
Gross Margin	40.19%	37.50%	37.70%	37.21%	36.76%	41.03%
Operating Margin	10.87%	14.72%	12.04%	11.45%	8.16%	12.50%
Profit Margin	12.00%	13.16%	7.58%	9.76%	5.52%	19.98%
FCF Margin	12.77%	8.10%	15.99%	18.87%	10.49%	26.54%
EBITDA	110,052	183,364	157,854	147,289	117,703	137,587
EBITDA Margin	10.87%	19.15%	16.77%	16.80%	13.80%	19.18%
EBIT	110,052	140,905	113,350	100,351	69,638	89,678
EBIT Margin	10.87%	14.72%	12.04%	11.45%	8.16%	12.50%
Effective Tax Rate	9.38%	21.96%	24.00%	15.46%	36.34%	16.30%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.