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Alibaba
(NYSE:BABA)
Alibaba (BABA) vs. SPDR S&P 500 ETF (SPY)
Alibaba Business Overview & Revenue Model
Alibaba Key Performance Indicators (KPIs)
Breaks down sales across Alibaba’s various business areas, revealing which segments are contributing most to growth and where there might be potential risks or opportunities.
Main Street DataAlibaba Earnings Call Summary
Alibaba Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.00T | 996.35B | 941.17B | 868.69B | 853.06B | 717.29B |
| Gross Profit | 412.15B | 398.06B | 354.85B | 318.99B | 313.61B | 296.08B |
| EBITDA | 205.00B | 182.67B | 164.01B | 153.11B | 128.23B | 217.96B |
| Net Income | 146.37B | 130.11B | 80.01B | 72.78B | 62.25B | 150.58B |
Balance Sheet | ||||||
| Total Assets | 1.85T | 1.80T | 1.76T | 1.75T | 1.70T | 1.69T |
| Cash, Cash Equivalents and Short-Term Investments | 416.42B | 428.09B | 571.03B | 524.47B | 455.08B | 483.44B |
| Total Debt | 232.10B | 248.35B | 205.61B | 195.57B | 176.60B | 181.44B |
| Total Liabilities | 753.77B | 714.12B | 652.23B | 630.12B | 613.36B | 606.58B |
| Stockholders Equity | 1.01T | 1.01T | 986.54B | 989.66B | 948.48B | 937.47B |
Cash Flow | ||||||
| Free Cash Flow | 25.90B | 77.54B | 149.66B | 165.40B | 89.44B | 188.60B |
| Operating Cash Flow | 150.54B | 163.51B | 182.59B | 199.75B | 142.76B | 231.79B |
| Investing Cash Flow | -131.26B | -185.41B | -21.82B | -135.51B | -198.59B | -244.19B |
| Financing Cash Flow | -59.36B | -76.22B | -108.24B | -65.62B | -64.45B | 30.08B |
Alibaba Technical Analysis
Alibaba Risk Analysis
Alibaba Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | $392.80B | 18.81 | 15.22% | 1.19% | 5.48% | 128.65% | |
78 Outperform | $106.90B | 51.47 | 40.65% | ― | 38.01% | 44.52% | |
76 Outperform | $2.61T | 34.53 | 24.33% | ― | 11.48% | 50.70% | |
76 Outperform | $188.57B | 14.70 | 32.01% | ― | 20.59% | -1.29% | |
72 Outperform | $50.99B | 8.98 | 17.26% | 3.08% | 14.61% | 32.78% | |
66 Neutral | $52.75B | 136.68 | 8.73% | ― | 16.63% | -62.54% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
Alibaba Corporate Events
On October 9, 2025, Alibaba Group Holding Limited submitted its Monthly Return for September 2025 to the Hong Kong Stock Exchange, as required by the Hong Kong Listing Rules. The report detailed movements in its authorized share capital and issued shares, noting an increase of 15,648,800 in issued shares during the month. This submission underscores Alibaba’s compliance with regulatory requirements and reflects its ongoing activities in managing its share capital, which may impact its market positioning and shareholder interests.
On October 9, 2025, Alibaba Group announced the completion of its exchange offer for USD-denominated senior unsecured notes issued in November 2024. The exchange offer, which began on September 4, 2025, involved exchanging up to $2.65 billion in aggregate principal amount of its senior notes due in 2030, 2035, and 2054. The offer expired on October 2, 2025, with a high participation rate, as 99.6% of the 2030 and 2035 notes and 99.2% of the 2054 notes were tendered and subsequently canceled. This successful exchange offer is a strategic move for Alibaba, potentially improving its financial flexibility and strengthening its market position.
On October 2, 2025, Alibaba announced a share repurchase update for the quarter ending September 30, 2025. The company repurchased 17 million ordinary shares, equivalent to approximately 2 million ADSs, totaling US$241 million in the U.S. market. This repurchase resulted in a net decrease of 3 million ordinary shares, or a 0.02% reduction in outstanding shares after accounting for shares issued under the ESOP. As of September 30, 2025, Alibaba had 18,552 million ordinary shares outstanding, with a remaining authorization of US$19.1 billion for its share repurchase program, effective through March 2027. This strategic move is part of Alibaba’s ongoing efforts to enhance shareholder value and optimize its capital structure.
On September 25, 2025, Alibaba Group Holding Limited held its Annual General Meeting where shareholders approved several key resolutions. These included granting the Board a mandate to issue and repurchase up to 10% of the company’s Ordinary Shares, electing directors Eddie Yongming Wu, Jerry Yang, Wan Ling Martello, and Albert Kong Ping Ng, and appointing PricewaterhouseCoopers as the company’s independent auditors. The resolutions passed with significant majorities, reflecting strong shareholder support and potentially impacting Alibaba’s strategic flexibility and governance structure.
On September 4, 2025, Alibaba Group Holding Limited announced the grant of awards involving 2,477,630 underlying shares to certain employees under its 2024 Plan. This move, which does not require shareholder approval, aims to attract and retain talent by rewarding employees for their contributions to the company. The awards, which have a mixed vesting schedule ranging from 12 months to 4 years, are intended to align the interests of the grantees with those of the company and its shareholders. This strategic initiative is part of Alibaba’s efforts to incentivize employees and ensure the company’s continued success and development.
On September 4, 2025, Alibaba Group announced the commencement of an exchange offer for its outstanding senior notes. This offer, which does not represent new financing, aims to satisfy obligations under a registration rights agreement from November 2024. The exchange offer involves swapping existing notes for new ones with similar terms but without transfer restrictions and registration rights. The offer will expire on October 2, 2025, unless extended, and is detailed in a prospectus filed with the SEC.
On September 4, 2025, Alibaba Group Holding Limited submitted its monthly return for August 2025 to the Hong Kong Stock Exchange, as required by the Hong Kong Listing Rules. The report detailed movements in the company’s share capital, including a decrease of 6,072,000 in the number of issued shares, primarily due to share repurchases in August 2025. This activity reflects Alibaba’s ongoing efforts to manage its capital structure and could have implications for its market valuation and shareholder returns.
Alibaba Group Holding Limited has disclosed a series of Next Day Disclosure Returns to the Hong Kong Stock Exchange, detailing changes in its issued shares and treasury shares. The disclosures, dated August 20, 21, and 22, 2025, highlight the company’s recent activities in share repurchases and cancellations on the New York Stock Exchange. Notably, Alibaba repurchased and canceled shares between July 30 and August 12, 2025, impacting its total number of issued shares. These actions reflect Alibaba’s ongoing efforts to manage its share capital and potentially enhance shareholder value.
On August 8, 2025, Alibaba Group Holding Limited submitted a series of Next Day Disclosure Returns to the Hong Kong Stock Exchange, detailing changes in its issued and treasury shares from August 4 to August 8, 2025. These disclosures are part of regulatory requirements and reflect Alibaba’s ongoing share repurchase activities, which include shares repurchased on the New York Stock Exchange in late July and early August 2025. These actions are indicative of Alibaba’s strategic financial management and may impact shareholder value and market perceptions.
On August 1, 2025, Alibaba Group Holding Limited reported several Next Day Disclosure Returns to the Hong Kong Stock Exchange, detailing changes in its issued shares and treasury shares from July 28 to August 1, 2025. The company also disclosed repurchases of shares on the New York Stock Exchange during July 2025, indicating strategic financial maneuvers that could impact its market positioning and shareholder value.