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Alibaba Group Holding Limited (BABA)
NYSE: BABA · Real-Time Price · USD
133.27
-2.32 (-1.71%)
At close: Mar 4, 2026, 4:00 PM EST
129.88
-3.39 (-2.54%)
Pre-market: Mar 5, 2026, 6:45 AM EST

Alibaba Revenue by Segment
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017
Commerce
- - - - - - - - - - - - - - - - - - - - 72.40B 68.10B 63.20B 61.03B 55.43B 51.27B 46.87B 42.87B
Commerce Growth
- - - - - - - - - - - - - - - - - - - - 30.61% 32.83% 34.85% 42.37% 43.69% 47.29% 51.11% 52.23%
Taobao and Tmall Group
- - 65.19B 64.01B 62.99B 62.80B 63.03B 69.24B 75.17B 80.64B - - - - - - - - - - - - - - - - - -
Taobao and Tmall Group Growth
- - 3.43% -7.55% -16.20% -22.13% -25.46% -18.71% -12.03% -5.87% - - - - - - - - - - - - - - - - - -
Innovation Initiatives and Other
- - 29.96B 29.58B 28.70B 28.11B 27.89B 20.46B 13.76B 6.86B
Innovation Initiatives and Other Growth
- - 7.40% 44.59% 108.53% 309.69% 8,363.98% 6,638.85% 4,018.78% 1,696.43%
International Commerce
20.42B 19.96B 19.17B 18.28B 16.95B 15.91B 14.87B 13.58B - - - - - - - - - - - - - - - - - -
International Commerce Growth
20.48% 25.49% 28.95% 34.67% 38.15% 44.67% 48.25% 44.14% - - - - - - - - - - - - - - - - - -
Cloud
19.58B 18.10B 17.11B 16.45B 15.92B 15.63B 15.42B 14.41B
Cloud Growth
23.01% 15.78% 10.90% 14.16% 19.98% 27.43% 37.86% 28.13%
Cainiao
- - 14.68B 15.11B 15.14B 14.88B 14.35B 10.99B 9.26B 7.89B - - - - - - - - - - - - - - - - - -
Cainiao Growth
- - 2.27% 37.50% 63.52% 88.57% 128.03% 41.35% 27.37% 16.72% - - - - - - - - - - - - - - - - - -
Local Consumer Services
- - 9.72B 9.50B 9.24B 8.92B 8.67B 8.37B 8.08B 7.72B - - - - - - - - - - - - - - - - - -
Local Consumer Services Growth
- - 12.16% 13.59% 14.38% 15.68% 21.01% 22.00% 19.54% 20.04% - - - - - - - - - - - - - - - - - -
Digital Media and Entertainment
- - 3.23B 3.14B 3.08B 3.09B 3.06B 3.55B 3.92B 4.29B
Digital Media and Entertainment Growth
- - 5.31% -11.50% -21.31% -27.97% -32.83% -21.60% -14.88% -5.72%

Operating Income by Segment
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017
China Commerce
- - 28.44B 27.97B 27.80B 28.16B 28.23B 27.95B 26.96B 26.12B - - - - - - - - - - - - - - - - - -
China Commerce Growth
- - 0.72% 0.07% 3.11% 7.80% 13.29% 14.85% 9.86% 8.76% - - - - - - - - - - - - - - - - - -
Commerce
- - - - - - - - - - - - - - - - - - - - 21.39B 21.56B 20.09B 20.30B 18.71B 17.58B 15.84B 15.41B
Commerce Growth
- - - - - - - - - - - - - - - - - - - - 14.31% 22.61% 26.82% 31.74% 27.32% 20.19% 6.39% 5.72%
Cloud
1.76B 1.62B 1.53B 1.39B 1.27B 1.09B 810.41M 471.00M
Cloud Growth
37.78% 48.14% 88.77% 194.40% - - - -
Cainiao
- - 43.77M -62.90M 42.32M 165.65M 203.18M 228.54M -53.19M -280.28M - - - - - - - - - - - - - - - - - -
Cainiao Growth
- - -78.46% - - - - - - - - - - - - - - - - - - - - - - - - -
Digital Media and Entertainment
- - -80.29M -213.62M -243.76M -247.09M -223.04M -341.58M -415.06M -486.94M
Local Consumer Services
- - -534.62M -662.44M -875.77M -1.19B -1.42B -1.91B -2.41B -2.86B - - - - - - - - - - - - - - - - - -
Unallocated
-555.78M -563.03M -628.53M -754.62M -847.80M -811.28M -897.08M -1.27B
International Commerce
-1.22B -1.67B -2.19B -2.27B -2.01B -1.64B -1.16B -910.12M - - - - - - - - - - - - - - - - - -
Innovation Initiatives and Other
- - -1.24B -1.28B -1.28B -1.26B -1.25B -1.20B -1.02B -1.17B

Operating Expense Breakdown
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018Sep 30, 2018Jun 30, 2018Mar 31, 2018Dec 31, 2017Sep 30, 2017Jun 30, 2017Mar 31, 2017
Sales and Marketing
28.77B 23.84B 20.87B 19.81B 18.52B 17.51B 16.69B 16.12B
Sales and Marketing Growth
55.37% 36.19% 25.08% 22.85% 18.21% 15.08% 11.25% 5.18%
Product Development
8.94B 8.52B 8.28B 8.16B 7.99B 7.99B 7.57B 7.54B
Product Development Growth
11.91% 6.55% 9.37% 8.17% 5.84% 4.05% -7.91% -3.27%
General and Administrative
5.21B 5.56B 6.41B 6.95B 7.01B 6.95B 6.08B 5.91B
General and Administrative Growth
-25.61% -20.04% 5.37% 17.47% 21.25% 16.86% -0.47% 10.97%
Goodwill Impairment
- - - 2.81B - - - 5.56B - 4.41B - 4.19B - - - - - - - - - - - - - - - - - - - - - - -
Amortization and Impairment
656.21M 775.48M 918.23M 1.10B 2.92B 3.03B 3.13B 3.19B
Amortization and Impairment Growth
-77.50% -74.40% -70.66% -65.54% 55.58% 57.99% 59.89% 58.98%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.