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Alibaba Group Holding Limited (BABA)
NYSE: BABA · Real-Time Price · USD
171.91
-3.56 (-2.03%)
At close: Sep 26, 2025, 4:00 PM EDT
172.38
+0.47 (0.27%)
After-hours: Sep 26, 2025, 7:59 PM EDT

Alibaba Revenue by Segment
Period Ending Jun 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
- - - - - - - - - - - - - - - - - - - 70.24B 66.07B 61.32B 59.21B 53.78B 49.74B 45.47B 41.59B
Commerce Growth
- - - - - - - - - - - - - - - - - - - 30.61% 32.83% 34.85% 42.37% 43.69% 47.29% 51.11% 52.23%
Taobao and Tmall Group
- 63.25B 62.10B 61.11B 60.93B 61.15B 67.17B 72.93B 78.24B - - - - - - - - - - - - - - - - - -
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
- 29.06B 28.70B 27.85B 27.27B 27.06B 19.85B 13.35B 6.66B
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
19.37B 18.60B 17.74B 16.44B 15.43B 14.43B 13.17B 11.90B - - - - - - - - - - - - - - - - - -
International Commerce Growth
25.49% 28.95% 34.67% 38.15% 44.67% 48.25% 44.14% 36.56% - - - - - - - - - - - - - - - - - -
Cloud
17.56B 16.60B 15.96B 15.44B 15.17B 14.96B 13.98B 12.87B
Cloud Growth
15.78% 10.90% 14.16% 19.98% 27.43% 37.86% 28.13% 18.95%
Cainiao
- 14.24B 14.66B 14.69B 14.44B 13.92B 10.66B 8.98B 7.66B - - - - - - - - - - - - - - - - - -
Cainiao Growth
- 2.27% 37.50% 63.52% 88.57% 128.03% 41.35% 27.37% 16.72% - - - - - - - - - - - - - - - - - -
Local Consumer Services
- 9.43B 9.22B 8.96B 8.66B 8.41B 8.12B 7.84B 7.49B - - - - - - - - - - - - - - - - - -
Local Consumer Services Growth
- 12.16% 13.59% 14.38% 15.68% 21.01% 22.00% 19.54% 20.04% - - - - - - - - - - - - - - - - - -
Digital Media and Entertainment
- 3.13B 3.05B 2.99B 3.00B 2.97B 3.44B 3.80B 4.17B
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 Jun 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
- 27.59B 27.13B 26.97B 27.32B 27.39B 27.12B 26.16B 25.34B - - - - - - - - - - - - - - - - - -
China Commerce Growth
- 0.72% 0.07% 3.11% 7.80% 13.29% 14.85% 9.86% 8.76% - - - - - - - - - - - - - - - - - -
Commerce
- - - - - - - - - - - - - - - - - - - 20.75B 20.92B 19.49B 19.70B 18.15B 17.06B 15.37B 14.95B
Commerce Growth
- - - - - - - - - - - - - - - - - - - 14.31% 22.61% 26.82% 31.74% 27.32% 20.19% 6.39% 5.72%
Cloud
1.57B 1.48B 1.35B 1.24B 1.06B 786.26M 456.96M -85.63M
Cloud Growth
48.14% 88.77% 194.40% - - - - -
Cainiao
- 42.46M -61.02M 41.06M 160.71M 197.13M 221.73M -51.60M -271.93M - - - - - - - - - - - - - - - - - -
Cainiao Growth
- -78.46% - - - - - - - - - - - - - - - - - - - - - - - - -
Digital Media and Entertainment
- -77.89M -207.25M -236.50M -239.73M -216.39M -331.40M -402.69M -472.43M
Local Consumer Services
- -518.69M -642.70M -849.67M -1.16B -1.38B -1.86B -2.34B -2.78B - - - - - - - - - - - - - - - - - -
Unallocated
-546.25M -609.80M -732.13M -822.53M -787.10M -870.34M -1.24B -1.90B
Innovation Initiatives and Other
- -1.20B -1.24B -1.24B -1.22B -1.21B -1.16B -985.77M -1.14B
International Commerce
-1.62B -2.13B -2.20B -1.95B -1.59B -1.13B -882.99M -674.20M - - - - - - - - - - - - - - - - - -

Operating Expense Breakdown
Period Ending Jun 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
23.13B 20.25B 19.22B 17.97B 16.98B 16.19B 15.64B 15.20B
Sales and Marketing Growth
36.19% 25.08% 22.85% 18.21% 15.08% 11.25% 5.18% -3.35%
Product Development
8.26B 8.04B 7.92B 7.75B 7.76B 7.35B 7.32B 7.32B
Product Development Growth
6.55% 9.37% 8.17% 5.84% 4.05% -7.91% -3.27% -6.98%
General and Administrative
5.39B 6.22B 6.74B 6.80B 6.74B 5.90B 5.74B 5.61B
General and Administrative Growth
-20.04% 5.37% 17.47% 21.25% 16.86% -0.47% 10.97% 14.21%
Goodwill Impairment
- - 2.73B - - - 5.40B - 4.28B - 4.07B - - - - - - - - - - - - - - - - - - - - - - -
Amortization and Impairment
752.37M 890.87M 1.07B 2.83B 2.94B 3.04B 3.09B 1.82B
Amortization and Impairment Growth
-74.40% -70.66% -65.54% 55.58% 57.99% 59.89% 58.98% 16.02%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.