Alibaba Group Holding Ltd

BABA · XNYS

CIK 1577552fmd_068Y782KS5H5KG3C0BP3MV0PY6Services · Services-Business Services, NECTemplate: Standard

Coverage: Apr 01, 2012 to Mar 31, 2026, 16 periods

Income Statement · Annual · Millions · CNY
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	158,273	250,266	376,844	509,711	717,289	853,062	868,687	941,168	996,347	1,023,670
Cost of revenue	59,483	107,044	206,929	282,367	421,205	539,450	549,695	586,323	598,285	616,136
Gross profit	98,790	143,222	169,915	227,344	296,084	313,612	318,992	354,845	398,062	407,534
Realized investment gains (losses)	5,488	70	–	–	–	–	–	–	–	–
Provision for credit losses	1,680	601	383	1,989	1,935	1,739	2,802	–	–	–
Research and development	17,060	22,754	37,435	43,080	57,236	55,465	56,744	52,256	57,151	66,533
Selling, general and administrative	28,553	43,540	64,669	78,870	136,743	151,721	145,679	157,126	188,260	278,105
Operating income	48,055	69,314	57,084	91,430	89,678	69,638	100,351	113,350	140,905	50,150
Interest expense	2,671	3,566	5,190	5,180	4,476	4,909	5,918	7,947	9,596	9,793
Other non-operating income (expense)	6,086	4,160	221	7,439	7,582	10,523	5,823	6,157	3,387	1,518
Income before taxes	60,029	100,403	96,221	166,645	165,578	59,550	89,185	101,596	155,455	129,387
Income tax expense	13,776	18,199	16,553	20,562	29,278	26,815	15,549	22,529	35,445	30,045
Net income from continuing operations	46,253	82,204	79,668	146,083	136,300	32,735	73,636	79,067	120,010	99,342
Net income	43,675	64,093	87,886	149,433	150,578	62,249	72,783	80,009	130,109	103,592
Net income to common shareholders	43,675	63,985	87,600	149,263	150,308	61,959	72,509	79,741	129,470	105,904