STOCK TITAN

Alibaba Group Holding Limited (BABA) Financials

BABA
FY2026 annual
Revenue $148.4B +8.1% YoY
Net Income $15.0B -16.2% YoY
EPS (Diluted) $0.80 YoY not available
Operating Cash Flow $11.0B -51.0% YoY
Market Cap $271.8B as of Oct 7, 2026
Price / Sales 1.8x on $148.4B revenue, FY2026
Price / Earnings 18.1x on $15.0B net income, FY2026
Price / Book 1.8x on $153.8B equity, Q4 FY2026

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.

Source SEC Filings (10-K/10-Q) Latest period FY2026, ended Mar 31, 2026 Reported Currency USD FYE March

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).

Rhea AI BABA FY2026

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 from 14.1% to 4.9% in FY2026. Net margin remained 10.1%, so reported earnings were supported by items below operating income rather than by core operations.

Gross margin held near 39.8% in FY2026 while operating margin dropped to 4.9%; the deterioration was therefore concentrated after gross profit, not in direct production costs. This points to weaker operating-cost absorption or other core expenses taking a larger share of sales.

Operating cash flow fell to $11.0B while net income was $15.0B, meaning accounting profit did not translate fully into cash in FY2026. The current ratio moved from 1.5x to 1.3x, indicating less short-term balance-sheet flexibility as liabilities increased.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Profitability Growth Leverage Liquidity CashFlow Returns 44 / 100
Financial Health Score 44/100

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.

Profitability
65

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.

Growth
56

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.

Leverage
53

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.

Liquidity
33

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.

Cash Flow
0

Not available for Alibaba Group Holding Limited, and counted as zero in the overall score.

Returns
57

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.

Piotroski F-Score Partial
3/8

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.

Earnings Quality Mixed
0.74x

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.

Interest Coverage Safe
5.12x

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

Export CSV

Earnings & Revenue

None of these metrics is reported for Q4 2026.

Cash & Balance Sheet

Cash & Debt
$19.1B
YoY-4.9%
QoQ-4.9%

Alibaba Group Holding Limited held $19.1B in cash as of Q4 2026; long-term debt is not reported for that period.

Shares Outstanding
1.86B

Alibaba Group Holding Limited had 1.86B shares outstanding in Q4 2026.

Free Cash Flow

Not reported for Q4 2026.

Dividends Per Share

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.

BABA quarterly income statement
MetricQ4'2610-KQ4'2520-FQ4'2410-KQ4'2310-KQ4'2210-KQ4'2110-KQ2'2110-QQ4'2010-K

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.

BABA quarterly balance sheet
MetricQ4'2610-KQ4'2520-FQ4'2410-KQ4'2310-KQ4'2210-KQ4'2110-KQ2'2110-QQ4'2010-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.

BABA quarterly cash flow statement
MetricQ4'2610-KQ4'2520-FQ4'2410-KQ4'2310-KQ4'2210-KQ4'2110-KQ2'2110-QQ4'2010-K

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.

BABA quarterly financial ratios
MetricQ4'2610-KQ4'2520-FQ4'2410-KQ4'2310-KQ4'2210-KQ4'2110-KQ2'2110-QQ4'2010-K
Current Ratio1.28-0.3x1.55-0.2x1.790.0x1.81+0.1x1.660.0x1.70-0.2x1.991.91+0.6x
Debt-to-Equity0.740.0x0.710.0x0.660.0x0.640.0x0.650.0x0.65+0.1x0.530.57-0.1x

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

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%.

Alibaba Group Holding Limited (BABA) reported diluted earnings per share of $0.80 for fiscal year 2026. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

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.

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.

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.

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.

Alibaba Group Holding Limited (BABA) generated $11.0B in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

Alibaba Group Holding Limited (BABA) had $276.8B in total assets as of fiscal year 2026, including both current and long-term assets.

Alibaba Group Holding Limited (BABA) invested $9.6B in research and development during fiscal year 2026.

Yes, Alibaba Group Holding Limited (BABA) spent $1.1B on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

Alibaba Group Holding Limited (BABA) had 1.86B shares outstanding as of fiscal year 2026.

Alibaba Group Holding Limited (BABA) had a current ratio of 1.28 as of fiscal year 2026, which is considered adequate.

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.

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.

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.

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.

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.

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.

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.

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.

Back to top