Alibaba Group (BABA)
NYSE:BABA
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Earnings Data
Report Date
Aug 28, 2026Before Open (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
1.48Last Year’s EPS
2.17Same Quarter Last Year
Strong Buy
Based on 17 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a clear strategic story: strong top-line growth driven by accelerating AI + Cloud momentum (Cloud external revenue +40%, triple-digit AI growth, ARR targets) and improving unit economics in quick commerce, supported by a strong net cash position. However, near-term profitability and free cash flow are under material pressure (adjusted EBITA down 84%, FCF outflow RMB 17.3b) due to deliberate, large-scale investments and heightened capital intensity (compute demand ~10x vs 2022, server cost inflation >100%). Management frames these as intentional, long-term investments with clear monetization paths (MaaS, higher-margin AI services, T-Head chip upside), but the short-term trade-offs on margins and cash are significant. Overall, positives on growth and secular AI positioning are balanced by sizable short-term financial headwinds.Company Guidance
Group Revenue Growth
Total consolidated revenue of RMB 243.4 billion, with like-for-like group revenue growth of 11% year-over-year (excluding Sun Art and Intime).
Cloud Intelligence External Revenue Acceleration
Cloud Intelligence Group external revenue growth accelerated to 40% year-over-year; AI-related product revenue now represents 30% of external cloud revenue and continues to expand rapidly.
Sustained Triple-Digit AI Revenue Growth
AI-related product revenue achieved triple-digit growth for the 11th consecutive quarter; this quarter's AI revenue was RMB 9 billion and the annualized AI revenue run-rate is ~RMB 36 billion (USD ~5.3 billion).
Model & Application Services ARR Momentum
Management expects model and application services ARR (including Model Studio) to surpass RMB 10 billion in the June quarter and RMB 30 billion by year-end; reported ARR already >RMB 8 billion with >10x growth in token consumption since Nov/Dec to May.
China E‑commerce Recovery (Like‑for‑Like)
China e-commerce customer management revenue (CMR) grew 8% year-over-year on a like-for-like basis (reported CMR +1% due to accounting contra-revenue from a merchant program); China e-commerce revenue was RMB 122 billion, up 6% year-over-year.
Quick Commerce Expansion and Unit Economics Improvement
Quick commerce revenue increased 57% year-over-year to RMB 20 billion; unit economics improved (UE and AOV up quarter-over-quarter) and management expects UE to turn positive by end of fiscal 2027.
AI Infrastructure and Proprietary Chip Progress
T-Head proprietary GPU chips have reached scaled MaaS production with over 60% of compute capacity already serving external customers, providing supply-chain autonomy and competitive AI inference/training capabilities.
Profitability Turning Points in Logistics & AIDC
AIDC revenue grew 6% and adjusted EBITA loss narrowed substantially, approaching breakeven; logistics unit economics (AliExpress' Choice) improved sequentially.
Strong Balance Sheet
Net cash position of approximately USD 38 billion (and ~USD 58–59 billion when excluding debt with maturities beyond 5 years), supporting continued investment in AI and cloud.
BABA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BABA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | $134.78 | $145.81 | +8.18% |
Mar 19, 2026 | $134.43 | $124.90 | -7.09% |
Nov 25, 2025 | $160.73 | $157.01 | -2.31% |
Aug 29, 2025 | $119.57 | $135.00 | +12.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Alibaba Group (BABA) report earnings?
Alibaba Group (BABA) is schdueled to report earning on Aug 28, 2026, Before Open (Confirmed).
What is Alibaba Group (BABA) earnings time?
Alibaba Group (BABA) earnings time is at Aug 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BABA EPS forecast?
BABA EPS forecast for the fiscal quarter 2027 (Q1) is 1.48.
