A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 7, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2026, filed May 20, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the BABA SEC filings page.
Alibaba Group Holding Limited (BABA) reported $148.4B in revenue for fiscal year 2026, up 8.1% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 12 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue still grew in FY2026, but a sharp operating-margin drop and weaker cash conversion made the business less efficient despite higher sales.
Operating margin fell from14.1% to4.9% in FY2026. Net margin remained10.1% , so reported earnings were supported by items below operating income rather than by core operations.
Gross margin held near
Operating cash flow fell to
Financial Health Signals
Scored against operating companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Alibaba Group Holding Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Alibaba Group Holding Limited has an operating margin of 4.9%, meaning the company retains $5 of operating profit per $100 of revenue. This strong profitability earns a score of 65/100, reflecting efficient cost management and pricing power. This is down from 14.1% the prior year.
Alibaba Group Holding Limited's revenue grew 8.1% year-over-year to $148.4B, a solid pace of expansion. This earns a growth score of 56/100.
Alibaba Group Holding Limited has a moderate D/E ratio of 0.74. This balance of debt and equity financing earns a leverage score of 53/100.
Alibaba Group Holding Limited's current ratio of 1.28 indicates adequate short-term liquidity, earning a score of 33/100. The company can meet its near-term obligations, though with limited headroom.
Not available for Alibaba Group Holding Limited, and counted as zero in the overall score.
Alibaba Group Holding Limited's ROE of 9.8% shows moderate profitability relative to equity, earning a score of 57/100. This is down from 12.9% the prior year.
Alibaba Group Holding Limited passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 2 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Alibaba Group Holding Limited generates $0.74 in operating cash flow ($11.0B OCF vs $15.0B net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.
Alibaba Group Holding Limited earns $5.12 in operating income for every $1 of interest expense ($7.3B vs $1.4B). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.
Key Financial Metrics
Earnings & Revenue
None of these metrics is reported for Q4 2026.
Cash & Balance Sheet
Alibaba Group Holding Limited held $19.1B in cash as of Q4 2026; long-term debt is not reported for that period.
Not reported for Q4 2026.
Not reported for Q4 2026.
Margins & Returns
None of these metrics is reported for Q4 2026.
Capital Allocation
None of these metrics is reported for Q4 2026.
BABA Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
BABA Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q4'2610-K | Q4'2520-F | Q4'2410-K | Q4'2310-K | Q4'2210-K | Q4'2110-K | Q2'2110-Q | Q4'2010-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $276.8B+11.3% | $248.6B+1.7% | $244.4B-4.2% | $255.3B-4.6% | $267.5B+3.7% | $258.0B+39.1% | $211.2B | $185.4B+28.9% |
| Current Assets | $88.5B-4.7% | $92.9B-10.9% | $104.3B+2.6% | $101.6B+0.9% | $100.7B+2.6% | $98.2B+50.2% | $77.0B | $65.4B+62.3% |
| Cash & Equivalents | $19.1B-4.9% | $20.0B-41.7% | $34.4B+22.2% | $28.1B-6.1% | $30.0B-38.9% | $49.0B+5.1% | $44.4B | $46.7B+64.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $35.9B+1.9% | $35.2B-2.1% | $36.0B-7.9% | $39.0B-8.2% | $42.5B-4.8% | $44.7B+14.3% | $40.7B | $39.1B-1.0% |
| Total Liabilities | $113.6B+15.4% | $98.4B+8.9% | $90.3B-1.5% | $91.8B-5.2% | $96.8B+4.5% | $92.6B+51.3% | $66.6B | $61.2B+17.5% |
| Current Liabilities | $69.1B+15.1% | $60.0B+2.8% | $58.4B+4.0% | $56.1B-7.3% | $60.5B+5.1% | $57.6B+68.6% | $38.7B | $34.2B+10.4% |
| Non-Current Liabilities | $44.5B+15.8% | $38.4B+20.2% | $32.0B-10.3% | $35.6B-1.6% | $36.2B+3.5% | $35.0B+29.4% | $27.9B | $27.0B+27.8% |
| Total Equity | $153.8B+10.5% | $139.2B+1.8% | $136.6B-5.2% | $144.1B-3.7% | $149.6B+4.6% | $143.1B+34.1% | $126.3B | $106.7B+45.4% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Long-Term Debt, Retained Earnings.
BABA Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
BABA Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Alibaba Group Holding Limited BABA | FY2026 | $148.4B | $15.0B | 10.1% | $271.8B | 44/100 |
| Amazon.com, Inc. AMZN | FY2025 | $716.9B | $77.7B | 10.8% | $2.8T | 59/100 |
| PDD Holdings Inc. PDD | FY2025 | $61.8B | $14.0B | 22.7% | $111.6B | 65/100 |
| Mercado Libre, Inc MELI | FY2025 | $28.9B | $2.0B | 6.9% | $94.2B | 75/100 |
| Sea Limited SE | FY2025 | $22.9B | $1.6B | 6.9% | $59.1B | 58/100 |
| DoorDash, Inc. DASH | FY2025 | $13.7B | $935.0M | 6.8% | $83.9B | 54/100 |
Where Alibaba Group Holding Limited Ranks
Frequently Asked Questions
What is Alibaba Group Holding Limited's annual revenue?
Alibaba Group Holding Limited (BABA) reported $148.4B in total revenue for fiscal year 2026. This represents a 8.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Alibaba Group Holding Limited's revenue growing?
Alibaba Group Holding Limited (BABA) revenue grew by 8.1% year-over-year, from $137.3B to $148.4B in fiscal year 2026.
Is Alibaba Group Holding Limited profitable?
Yes, Alibaba Group Holding Limited (BABA) reported a net income of $15.0B in fiscal year 2026, with a net profit margin of 10.1%.
What is Alibaba Group Holding Limited's gross margin?
Alibaba Group Holding Limited (BABA) had a gross margin of 39.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Alibaba Group Holding Limited's operating margin?
Alibaba Group Holding Limited (BABA) had an operating margin of 4.9% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.
What is Alibaba Group Holding Limited's net profit margin?
Alibaba Group Holding Limited (BABA) had a net profit margin of 10.1% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.
What is Alibaba Group Holding Limited's return on equity (ROE)?
Alibaba Group Holding Limited (BABA) has a return on equity of 9.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.
What is Alibaba Group Holding Limited's operating cash flow?
Alibaba Group Holding Limited (BABA) generated $11.0B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.
What are Alibaba Group Holding Limited's total assets?
Alibaba Group Holding Limited (BABA) had $276.8B in total assets as of fiscal year 2026, including both current and long-term assets.
How much does Alibaba Group Holding Limited spend on research and development?
Alibaba Group Holding Limited (BABA) invested $9.6B in research and development during fiscal year 2026.
What is Alibaba Group Holding Limited's current ratio?
Alibaba Group Holding Limited (BABA) had a current ratio of 1.28 as of fiscal year 2026, which is considered adequate.
What is Alibaba Group Holding Limited's debt-to-equity ratio?
Alibaba Group Holding Limited (BABA) had a debt-to-equity ratio of 0.74 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Alibaba Group Holding Limited's return on assets (ROA)?
Alibaba Group Holding Limited (BABA) had a return on assets of 5.4% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
What is Alibaba Group Holding Limited's P/E ratio?
Alibaba Group Holding Limited (BABA) trades at 18.1x earnings, its market capitalization divided by net income of $15.0B net income, FY2026. The market capitalization is $271.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Alibaba Group Holding Limited's price-to-sales ratio?
Alibaba Group Holding Limited (BABA) trades at 1.8x sales, its market capitalization divided by revenue of $148.4B revenue, FY2026. The market capitalization is $271.8B as of Oct 7, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Alibaba Group Holding Limited's Piotroski F-Score?
Alibaba Group Holding Limited (BABA) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Alibaba Group Holding Limited's earnings high quality?
Alibaba Group Holding Limited (BABA) has an earnings quality ratio of 0.74x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Alibaba Group Holding Limited cover its interest payments?
Alibaba Group Holding Limited (BABA) has an interest coverage ratio of 5.12x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Alibaba Group Holding Limited?
Alibaba Group Holding Limited (BABA) scores 44 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.