Revenue segments as reported by the company.

Core Commerce

Cloud Computing

Digital Media & Entertainment

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Product Development

Amortization of intangible assets

Impairment of goodwill

Other gains, net

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Alibaba

Taobao is a Chinese online shopping website, which is operated in Hangzhou, Zhejiang by Alibaba Group. It is one of the world's biggest e-commerce websites, as well as one of the world's top 10 most visited websites according to Alexa. As of February 2018, Taobao has over 580 million monthly active users. Founded by Alibaba Group on May 10, 2003, Taobao Marketplace facilitates consumer-to-consumer (C2C) retail by providing a platform for small businesses and individual entrepreneurs to open online stores that mainly cater to consumers in Chinese-speaking regions (Mainland China, Hong Kong, Macau and Taiwan) and also abroad.

Taobao

South China Morning Post is a century old Hong Kong-based, English-language newspaper. It was aquired in December 2015 for about $266 million as part of its plan to grow its media and entertainment business.

South China Morning Post

Lazada is an e-commerce company in six Southeast Asian countries: Vietnam, Indonesia, Malaysia, Singapore, the Philippines and Thailand and is based in Singapore. Lazada was aquired in April 2016 in a $1 billion deal with its founder, Rocket Internet, making it Alibaba’s largest acquisition to date.

Lazada

AutoNavi is a Chinese map and navigation company, in 2014. The company has been providing mapping data to Google for more than a decade, and it also has connections with Apple Inc.

AutoNavi

Ant Financial (Alipay) is a third-party mobile and online payment platform, established in Hangzhou, China in February 2004 by Alibaba Group and its founder Jack Ma. In 2015, Alipay moved its headquarters to Pudong, Shanghai, although its parent company Ant Financial remains Hangzhou-based.  Alipay overtook PayPal as the world's largest mobile payment platform in 2013. In the fourth quarter of 2016, Alipay had a 54% share of China's US$5.5 trillion mobile payment market, by far the largest in the world, although its share fell from 71% in 2015 as its rival Tencent's WeChat Pay was rapidly catching up.

Ant Financial

Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Alibaba reports steady Q1 revenue growth and plans cloud spin-off

Alibaba reported steady revenue growth and a strong focus on core strategies in response to market opportunities. The decision to fully spin off its cloud intelligence group and explore raising external capital reflects a strategic shift towards unlocking shareholder value and global expansion.

Alibaba reports strong Q2 earnings, focuses on AI and international growth

Alibaba Group's Q2 2023 earnings call showcased strong financial performance across various business segments, with a focus on forward-looking statements and strategic investments. The company's digital commerce platforms, cloud segment, and digital media entertainment business group demonstrated notable strengths. However, challenges in navigating the competitive landscape and addressing margin performance for Tmall and Taobao were highlighted. Opportunities lie in leveraging AI and the unique advantage of supply from China for international business growth.

Alibaba reports steady Q3 growth, focuses on AI and cloud

Alibaba's Q3 performance showed revenue growth and improved EBITDA despite challenges in the China market due to COVID.
Strategic investments in AI, cloud computing, and public cloud offerings highlight Alibaba's focus on future growth and innovation.
The company faces challenges in balancing growth, deploying the buyback program effectively, and navigating the impact of COVID on operations.

Alibaba reports solid Q4 results, eyes cloud and global expansion

Alibaba's Q4 performance reflects growth in revenue and EBITDA, driven by strategic focus areas.
Strengths lie in cloud leadership, diversified portfolio, and commitment to enhancing shareholder value.
Challenges include cloud revenue growth, market competition, and balancing profitability with investments.
Opportunities exist in cloud services, AI technology, market expansion, and operational efficiencies.

Alibaba reports solid Q1 earnings, eyes AI revolution and global growth

Alibaba's Q1 2024 earnings call highlighted strong revenue growth, improved EBITDA, and robust free cash flow generation.
The company's focus on user experience, technology innovation, and strategic investments positions it for future growth.
Challenges include margin performance, international competition, and evolving AI landscape, while opportunities exist in AI revolution, cloud services, and overseas commerce.
Alibaba remains confident in maintaining leadership through ongoing investments and strategic positioning in key growth areas.

Alibaba reports robust Q2 earnings, eyes global expansion opportunities

Alibaba's Q2 2024 earnings call highlighted strong financial performance, strategic focus on technology-driven businesses, and market expansion efforts in key regions. Despite challenges related to regulatory restrictions, the company remains well-positioned for growth and value creation for shareholders.

Alibaba reports Q3 revenue growth and plans U.S. market expansion

Alibaba's Q3 2024 earnings call showcased revenue growth, strategic focus on core businesses, and significant shareholder return initiatives. Challenges included decreased non-GAAP net income and widened losses in the AIDC business. Opportunities lie in expanding investments in the U.S. market and improving efficiency in local businesses.

Alibaba reports robust Q4 performance, eyes growth amid challenges

Alibaba's Q4 2024 earnings call highlighted strong financial performance, positive consumer confidence, and strategic initiatives for future growth.
The company's focus on core businesses, AI development, and shareholder returns underscores its commitment to long-term success.
While facing challenges in competitive markets and macroeconomic conditions, Alibaba is well-positioned to leverage opportunities in consumer spending and technology innovation.
By optimizing operations, enhancing user experience, and expanding supply chain capabilities, Alibaba aims to drive sustained growth and shareholder value.

Alibaba excels in Q1 2025 with user-first strategy and cloud growth

Alibaba's Q1 2025 earnings call reflects robust performance, strategic initiatives driving growth, and a focus on profitability. The company's strengths in key segments and plans for expansion signal long-term resilience. Challenges in monetization and competition require careful navigation, while opportunities in new markets and technology advancements offer growth potential.

Alibaba excels in Q2 2025, eyes AI innovation for growth

Alibaba's Q2 2025 performance reflects strong growth in core segments and successful initiatives like the 11-11 Global Shopping Festival. The company's focus on AI and cloud technologies underscores a commitment to innovation and market leadership.
While facing margin and profitability challenges, Alibaba's solid financial position and ongoing investments position it well for future growth. Careful management of fee implementations and a focus on AI-driven efficiencies present avenues for sustained success.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Alibaba (BABA) Right Now?

JD.com

U.S.-listed shares of China-based e-commerce platforms Alibaba Group Holding Ltd (NYSE:BABA) and JD.Com Inc (NASDAQ:JD) are both lower Tuesday, as Chinese markets return to trading after the Golden Week holiday.

2 China Stocks Falling on Lack of Stimulus Support

Alibaba's shares have surged 38.30% in the past month, driven by China's largest stimulus package since the pandemic and positive Q1 2025 earnings. Despite recent gains, Alibaba remains undervalued compared to U.S. tech stocks, trading at 11.57 times forward EPS and 15.76 times FCF. Risks include potential policy changes by the CCP, geopolitical tensions, and emerging competitors, but Alibaba's strong balance sheet and liquidity mitigate these concerns.

Alibaba Has Gone Parabolic And This Could Be Just The Beginning

Baidu

Weibo

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.

Alibaba, Baidu, Weibo And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Dr. Michael Burry, the brilliant investor who bet against the housing market before the 2008 meltdown, is a smart investor who has no problems making the types of contrarian deep-value bets that would make most market participants feel incredibly uncomfortable.

2 Michael Burry Stocks to Buy on China's Stimulus Plan

Bilibili

Chinese stocks returned from their week-long vacation with an almighty hangover as investors fretted about how serious Beijing is in its commitment to revive stagnant growth.

The China Rally Is Stalling. What Just Happened to Bilibili, NIO, and Alibaba Stocks.

Alibaba's stock is poised to rise due to multiple positive catalysts and a reasonable valuation. China's recent economic measures, including lowering the 7-day reverse purchase rate and required reserve ratio, aim to boost liquidity and stimulate economic activity. These economic stimuli are expected to benefit BABA and other China-based companies by increasing economic activity/consumer sentiment.

Alibaba: Game-Changing Catalysts To Drive The Stock

Air Products and Chemicals

Coupang

Netflix

Pinduoduo Inc - ADR

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

This Alibaba Analyst Turns Bullish; Here Are Top 5 Upgrades For Monday

Alibaba, PDD and JD.com are included in this Analyst Blog.

The Zacks Analyst Blog Alibaba, PDD and JD.com

Alibaba is poised to benefit significantly from China's massive stimulus program, which is set to boost its e-Commerce, logistics business and delivery business. The stimulus package is geared chiefly towards easing lending restrictions and spurring consumer spending. The program improves Alibaba's attractiveness, promising continued upside momentum for its share price.

Alibaba: China Stimulus Plan Is A Game Changer

Dublin, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The "Snapshot of China B2B E-Commerce Marketplaces Player Overview 2024" report has been added to ResearchAndMarkets.com's offering.

China B2B E-Commerce Marketplace Player Overview 2024: Alibaba, China's Leading B2B E-Commerce Platform, Generated Close to USD 130 Billion in Revenue in 2023

NVIDIA

Palantir Technologies

Advanced Micro Devices

AT&T

Tesla

September proved to be an unseasonably strong month for the market, with the S&P 500, a measure of broader market performance, ending the month up 2.02%. Trading volume on full-range brokerage services provider Charles Schwab Corporation's SCHW platforms, however, dipped.

Schwab Trading Activity Falls In September Despite Market Strength: Nvidia, Palantir Among Most Sought-After Stocks But These 5 Fell Out Of Favor

Citigroup

iShares China Large-Cap ETF

KraneShares CSI China Internet ETF

iShares MSCI China ETF

As the Chinese stock market reopens after the National Day holiday, investors are keen to see if the pre-holiday rally will continue. Goldman Sachs has raised its rating on Chinese stocks to "overweight," anticipating an increase in benchmark valuations.

Goldman and Citigroup Boost Ratings on Chinese Stocks Amid Positive Outlook

The CCP's regulatory scrutiny has eased, boosting Chinese equities; Alibaba Group Holding Limited surged 37% to ~$113. Alibaba repurchased $4.1 billion in shares, reducing outstanding shares by 2.1%, with $22 billion left for buybacks. China's stimulus measures, including CNY2 trillion bonds, positively impact Alibaba's e-commerce and cloud sectors.

Alibaba: The Bull Run Has Just Begun

Chow Tai Fook Jewellery Group Ltd

HSBC Holdings

Tencent Holdings Limited

China recently rolled out a massive stimulus program that lifted its equity market. Tech stocks like Alibaba and PDD Holdings were seen rallying through the week. However, many high-yield names that joined the rally were not as widely discussed in the media.

3 High-Yield Dividend Stocks Gaining From China's Stimulus

Relative strength focuses on stocks that have performed well compared to a relevant benchmark. For our purposes, the S&P 500 will be the benchmark.

What's Going on With China Stocks? BABA, JD, PDD

Amazon

Microsoft

David Tepper is a notable figure in finance, most notably the billionaire founder of global hedge fund Appaloosa management based in Florida.

Billionaire David Tepper Likes These 3 Stocks, Are They Must Buys?

Recently, Chinese technology stocks have experienced a significant surge following the announcement of economic stimulus policies by the Chinese government. New buying activity has been identified as the primary driver of this growth, according to data from S3 Partners and JPMorgan.

Chinese Tech Stocks Surge Amid Economic Stimulus Policies, BABA Leads Growth

Shares of some of the country's biggest companies clawed back some of Thursday's losses and Hang Seng index closed 2.8% higher Friday.

China Stocks Rally Reignites as Alibaba, JD.com, Tencent Rise. What's Driving It.

Chinese stocks are up 30% in the last five days (they're now historically overvalued). Investors seeking hyper growth (15%-plus growth for the next five-plus years) don't have to take on speculative risk buying Chinese ADRs. Here are 10 Super Sleep Well At Night quality blue chips that are 27% historically undervalued and have strong upside potential in the next year.

Forget Chinese Stocks And Buy These 23% Growth Blue Chips Instead

Futu Holdings

Ctrip.com

Li Auto Inc.

Chinese stocks experienced significant gains. Notably, Trip.com Group (CTRP, Financial) saw its shares increase by 8%.

Chinese Stocks Surge: CTRP, LI, JD, FUTU, BABA, BIDU Post Gains

KE Holdings

New Oriental Education & Technology Group

Lufax Holding

NetEase

Taiwan Semiconductor Manufacturing

XPeng

Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial), which saw an impressive increase of 8.81%.

Mixed Performance for Chinese Stocks with HXC Index Down 2.37%

Michael Burry (Trades, Portfolio), known for his contrarian investment strategies, has reaped significant gains from his timely investments in Chinese assets. Scion, his investment firm, disclosed that nearly half of its asset portfolio is allocated to Chinese stocks, with Alibaba (BABA, Financial) being its largest holding.

Michael Burry's Strategic Investment in Chinese Assets Boosts Returns

BYD Company Limited

BYD Co Ltd

Hong Kong's Hang Seng index ended the Thursday trading session 1.5% lower.

Alibaba, NIO, BYD Stocks Slump as China Rally Pauses

Morgan Stanley anticipates that if the Chinese government unveils additional spending measures in the coming weeks, China's stock market might climb by 10% to 15%. This potential fiscal expansion has reignited investor interest in China, focusing on re-inflationary prospects.

News for Alibaba Stock (BABA)