What is Alibaba Group Holding Ltd's earnings per share (EPS)?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd Financials

BBAAY

Source SEC Filings (10-K/10-Q) Data as of Mar 31, 2026 Currency USD FYE March

This page shows Alibaba Group Holding Ltd (BBAAY) financial statements, including the 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 BBAAY FY2025 2026-04-22

A margin-led earnings rebound improved reported profit, but cash conversion weakened as buybacks and investment consumed liquidity.

In FY2025, net income reached $17.9B while operating cash flow fell to $22.5B, reversing the prior year pattern of cash rising with profit. Because cash also declined to $20.0B even after margins improved to 14.1%, the rebound looks less like pure cash throughput and more like an income-statement recovery that still demanded funding elsewhere.

From FY2023 to FY2025, revenue changed far less dramatically than operating margin, which expanded from 11.6% to 14.1%; that pattern points to better cost absorption or mix rather than simple volume dependence. Gross margin returning to about 40.0% while research spending stayed near $7.9B suggests the recovery was not created mainly by cutting core development expense.

The balance sheet remains equity-funded — liabilities of $98.4B sit below equity of $139.2B — but near-term flexibility narrowed. Buybacks and dividends absorbed $15.9B in FY2025, which helps explain why the current ratio eased to 1.5x even though leverage still looks manageable.

Financial Health Signals

Financial health score pending refresh

We are recalculating Alibaba Group Holding Ltd's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

3/8

Alibaba Group Holding Ltd 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 Ltd 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

5.1x

Alibaba Group Holding Ltd earns $5.1 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

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Earnings & Revenue

Revenue

$148.4B

YoY+8.1%

5Y CAGR+6.3%

10Y CAGR+25.2%

Alibaba Group Holding Ltd generated $148.4B in revenue in fiscal year 2026. This represents an increase of 8.1% from the prior year.

EBITDA

N/A

Net Income

$15.0B

YoY-16.2%

5Y CAGR-8.2%

10Y CAGR+3.1%

Alibaba Group Holding Ltd reported $15.0B in net income in fiscal year 2026. This represents a decrease of 16.2% from the prior year.

EPS (Diluted)

$0.80

Alibaba Group Holding Ltd earned $0.80 per diluted share (EPS) in fiscal year 2026.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$19.1B

YoY-4.9%

5Y CAGR-17.2%

10Y CAGR+2.1%

Alibaba Group Holding Ltd held $19.1B in cash against $0 in long-term debt as of fiscal year 2026.

Dividends Per Share

N/A

Shares Outstanding

1.86B

Alibaba Group Holding Ltd had 1.86B shares outstanding in fiscal year 2026.

Margins & Returns

Gross Margin

39.8%

YoY-0.1pp

5Y CAGR-1.5pp

10Y CAGR-26.2pp

Alibaba Group Holding Ltd's gross margin was 39.8% in fiscal year 2026, indicating the percentage of revenue retained after direct costs. This is down 0.1 percentage points from the prior year.

Operating Margin

4.9%

YoY-9.2pp

5Y CAGR-7.6pp

10Y CAGR-23.9pp

Alibaba Group Holding Ltd's operating margin was 4.9% in fiscal year 2026, reflecting core business profitability. This is down 9.2 percentage points from the prior year.

Net Margin

10.1%

YoY-2.9pp

5Y CAGR-10.9pp

10Y CAGR-60.5pp

Alibaba Group Holding Ltd's net profit margin was 10.1% in fiscal year 2026, showing the share of revenue converted to profit. This is down 2.9 percentage points from the prior year.

Return on Equity

9.8%

YoY-3.1pp

5Y CAGR-6.3pp

10Y CAGR-23.2pp

Alibaba Group Holding Ltd's ROE was 9.8% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is down 3.1 percentage points from the prior year.

Capital Allocation

R&D Spending

$9.6B

YoY+22.5%

5Y CAGR+2.0%

10Y CAGR+16.3%

Alibaba Group Holding Ltd invested $9.6B in research and development in fiscal year 2026. This represents an increase of 22.5% from the prior year.

Share Buybacks

$1.1B

YoY-90.7%

5Y CAGR+56.5%

10Y CAGR-9.7%

Alibaba Group Holding Ltd spent $1.1B on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 90.7% from the prior year.

Capital Expenditures

N/A

BBAAY Income Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Revenue	$148.4B+8.1%	$137.3B+5.3%	$130.3B+3.1%	$126.5B-6.0%	$134.6B+22.9%	$109.5B
Cost of Revenue	$89.3B+8.3%	$82.4B+1.5%	$81.2B+1.5%	$80.0B-5.9%	$85.1B+32.4%	$64.3B
Gross Profit	$59.1B+7.7%	$54.9B+11.6%	$49.1B+5.8%	$46.4B-6.1%	$49.5B+9.5%	$45.2B
R&D Expenses	$9.6B+22.5%	$7.9B+8.8%	$7.2B-12.4%	$8.3B-5.6%	$8.7B+0.1%	$8.7B
SG&A Expenses	$4.8B-21.3%	$6.1B+4.8%	$5.8B-5.3%	$6.1B+22.0%	$5.0B-40.3%	$8.4B
Operating Income	$7.3B-62.6%	$19.4B+23.7%	$15.7B+7.4%	$14.6B+33.0%	$11.0B-19.7%	$13.7B
Interest Expense	$1.4B+7.3%	$1.3B+20.2%	$1.1B+27.7%	$862.0M+11.4%	$774.0M+13.3%	$683.0M
Income Tax	$4.4B-10.8%	$4.9B+56.5%	$3.1B+37.8%	$2.3B-46.5%	$4.2B-5.3%	$4.5B
Net Income	$15.0B-16.2%	$17.9B+61.8%	$11.1B+4.6%	$10.6B+7.9%	$9.8B-57.3%	$23.0B
EPS (Diluted)	$0.80	$0.92+70.4%	$0.54+8.0%	$0.50+11.1%	$0.45-56.7%	$1.04

Metric	Q4'26	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q2'21	Q4'20
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BBAAY Balance Sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Total Assets	$276.8B+11.3%	$248.6B+1.7%	$244.4B-4.2%	$255.3B-4.6%	$267.5B+3.7%	$258.0B
Current Assets	$88.5B-4.7%	$92.9B-10.9%	$104.3B+2.6%	$101.6B+0.9%	$100.7B+2.6%	$98.2B
Cash & Equivalents	$19.1B-4.9%	$20.0B-41.7%	$34.4B+22.2%	$28.1B-6.1%	$30.0B-38.9%	$49.0B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$35.9B+1.9%	$35.2B-2.1%	$36.0B-7.9%	$39.0B-8.2%	$42.5B-4.8%	$44.7B
Total Liabilities	$113.6B+15.4%	$98.4B+8.9%	$90.3B-1.5%	$91.8B-5.2%	$96.8B+4.5%	$92.6B
Current Liabilities	$69.1B+15.1%	$60.0B+2.8%	$58.4B+4.0%	$56.1B-7.3%	$60.5B+5.1%	$57.6B
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$153.8B+10.5%	$139.2B+1.8%	$136.6B-5.2%	$144.1B-3.7%	$149.6B+4.6%	$143.1B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'26	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q2'21	Q4'20
Total Assets	$276.8B+11.3%	$248.6B+1.7%	$244.4B-4.2%	$255.3B-4.6%	$267.5B+3.7%	$258.0B+22.2%	$211.2B+13.9%	$185.4B
Current Assets	$88.5B-4.7%	$92.9B-10.9%	$104.3B+2.6%	$101.6B+0.9%	$100.7B+2.6%	$98.2B+27.5%	$77.0B+17.8%	$65.4B
Cash & Equivalents	$19.1B-4.9%	$20.0B-41.7%	$34.4B+22.2%	$28.1B-6.1%	$30.0B-38.9%	$49.0B+10.4%	$44.4B-4.9%	$46.7B
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$35.9B+1.9%	$35.2B-2.1%	$36.0B-7.9%	$39.0B-8.2%	$42.5B-4.8%	$44.7B+9.9%	$40.7B+4.1%	$39.1B
Total Liabilities	$113.6B+15.4%	$98.4B+8.9%	$90.3B-1.5%	$91.8B-5.2%	$96.8B+4.5%	$92.6B+38.9%	$66.6B+8.9%	$61.2B
Current Liabilities	$69.1B+15.1%	$60.0B+2.8%	$58.4B+4.0%	$56.1B-7.3%	$60.5B+5.1%	$57.6B+48.7%	$38.7B+13.4%	$34.2B
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$153.8B+10.5%	$139.2B+1.8%	$136.6B-5.2%	$144.1B-3.7%	$149.6B+4.6%	$143.1B+13.3%	$126.3B+18.4%	$106.7B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BBAAY Cash Flow Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$11.0B-51.0%	$22.5B-10.9%	$25.3B-13.1%	$29.1B+29.2%	$22.5B-36.3%	$35.4B
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	-$9.8B+61.8%	-$25.6B-745.2%	-$3.0B+84.7%	-$19.7B+37.0%	-$31.3B+15.9%	-$37.3B
Financing Cash Flow	-$3.0B+71.6%	-$10.5B+29.9%	-$15.0B-56.9%	-$9.6B+6.0%	-$10.2B-321.5%	$4.6B
Dividends Paid	$4.9B+22.0%	$4.0B+61.2%	$2.5B	N/A	$0	N/A
Share Buybacks	$1.1B-90.7%	$11.9B-2.8%	$12.3B+12.9%	$10.9B+12.7%	$9.7B+8084.7%	$118.0M

Metric	Q4'26	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q2'21	Q4'20
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

BBAAY Financial Ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Gross Margin	39.8%-0.1pp	40.0%+2.3pp	37.7%+1.0pp	36.7%-0.0pp	36.8%-4.5pp	41.3%
Operating Margin	4.9%-9.2pp	14.1%+2.1pp	12.0%+0.5pp	11.6%+3.4pp	8.2%-4.3pp	12.5%
Net Margin	10.1%-2.9pp	13.1%+4.6pp	8.5%+0.1pp	8.4%+1.1pp	7.3%-13.7pp	21.0%
Return on Equity	9.8%-3.1pp	12.9%+4.8pp	8.1%+0.8pp	7.3%+0.8pp	6.6%-9.5pp	16.1%
Return on Assets	5.4%-1.8pp	7.2%+2.7pp	4.5%+0.4pp	4.2%+0.5pp	3.7%-5.2pp	8.9%
Current Ratio	1.28-0.3	1.55-0.2	1.79-0.0	1.81+0.1	1.66-0.0	1.70
Debt-to-Equity	0.74+0.0	0.71+0.0	0.66+0.0	0.64-0.0	0.650.0	0.65
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q4'26	Q4'25	Q4'24	Q4'23	Q4'22	Q4'21	Q2'21	Q4'20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.28-0.3	1.55-0.2	1.79-0.0	1.81+0.1	1.66-0.0	1.70-0.3	1.99+0.1	1.91
Debt-to-Equity	0.74+0.0	0.71+0.0	0.66+0.0	0.64-0.0	0.650.0	0.65+0.1	0.53-0.0	0.57
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

Frequently Asked Questions

What is Alibaba Group Holding Ltd's annual revenue?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's revenue growing?

Alibaba Group Holding Ltd (BBAAY) revenue grew by 8.1% year-over-year, from $137.3B to $148.4B in fiscal year 2026.

Is Alibaba Group Holding Ltd profitable?

Yes, Alibaba Group Holding Ltd (BBAAY) reported a net income of $15.0B in fiscal year 2026, with a net profit margin of 10.1%.

What is Alibaba Group Holding Ltd's gross margin?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's operating margin?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's net profit margin?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's return on equity (ROE)?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's operating cash flow?

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

What are Alibaba Group Holding Ltd's total assets?

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

How much does Alibaba Group Holding Ltd spend on research and development?

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

Does Alibaba Group Holding Ltd buy back shares?

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

How many shares does Alibaba Group Holding Ltd have outstanding?

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

What is Alibaba Group Holding Ltd's current ratio?

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

What is Alibaba Group Holding Ltd's debt-to-equity ratio?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's return on assets (ROA)?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's Piotroski F-Score?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd's earnings high quality?

Alibaba Group Holding Ltd (BBAAY) 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 Ltd cover its interest payments?

Alibaba Group Holding Ltd (BBAAY) has an interest coverage ratio of 5.1x, 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.