12 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2026 | $148.4B | $15.0B | 39.8% | 4.9% | — | — | $19.1B |
| 2025 | $137.3B | $17.9B | 40.0% | 14.1% | — | — | $20.0B |
| 2024 | $130.3B | $11.1B | 37.7% | 12.0% | — | — | $34.4B |
| 2023 | $126.5B | $10.6B | 36.7% | 11.6% | — | — | $28.1B |
| 2022 | $134.6B | $9.8B | 36.8% | 8.2% | — | — | $30.0B |
| 2021 | $109.5B | $23.0B | 41.3% | 12.5% | — | — | $49.0B |
| 2020 | $72.0B | $21.1B | 44.6% | 17.9% | — | — | $46.7B |
| 2019 | $56.2B | $13.1B | 45.1% | 15.1% | — | — | $28.3B |
| 2018 | $39.9B | $10.2B | 57.2% | 27.7% | — | — | $31.8B |
| 2017 | $23.0B | $6.3B | 62.4% | 30.4% | — | — | $22.9B |
| 2016 | $15.7B | $11.1B | 66.0% | 28.8% | — | — | $15.5B |
| 2015 | $12.3B | $3.9B | 68.7% | 30.4% | — | — | $16.8B |
How the market has priced BABA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Alibaba Group Holding Ltd's revenue has grown 6.3% per year, and net income declined 8.2% per year. These are computed facts, not advice.
As of FY2026, Alibaba Group Holding Ltd reported — of total debt against $19.1B of cash; operating income covered interest expense 5.1×.
In FY2026, gross margin was 39.8%, operating margin 4.9%, and net margin 10.1%.
As of Jun '26, Alibaba Group Holding Ltd traded at a price-to-earnings ratio of about 121.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.