Alibaba posts 3% increase in revenues in FY2025-2026

Hong Kong, 13th May: Earlier this week, China’s largest e-commerce company, the Alibaba Group, announced its financial results for the year ended 31st March 2026. Revenues in the financial year were US$148 billion, representing year-on-year growth of 3%. However, net income in the year dropped 19% from the previous year, down to US$15 billion. Diluted earnings per share for the year were RMB 44 (US$6.38).

In terms of its B2B business, revenues generated from Alibaba’s B2B business in China under the Taobao and Tmall Group, mainly through its 1688.com platform, were US$3.82 billion, resulting in a year-on-year increase of 8%. The international B2B business under the Alibaba International Digital Commerce Group, primarily on Alibaba.com, posted an 11% increase in revenues, amounting at US$3.83 billion. The B2B businesses only accounted for just 5.2% of Alibaba’s total revenues.

The Alibaba Group also released its results for the quarter ended 31st March, with revenues of US$35 billion, representing growth of 3% year-on-year. Net profit in the quarter jumped 96% over the same quarter in 2025, amounting at US$3.4 million.

Eddie Wu, Chief Executive Officer of Alibaba Group, said, “Alibaba’s full-stack AI investments have progressed from incubation to commercialization at scale. This quarter, we achieved accelerated breakthroughs across models, cloud infrastructure, and applications. Cloud Intelligence Group’s external revenue growth accelerated to 40%, with AI-related products accounting for 30% of this revenue. Our Qwen LLM demonstrated leadership in reasoning and coding while we strengthened our multimodal model portfolio with the launch of video generation and world models. As we see massive potential for agentic AI, we launched multiple enterprise AI agents for office and coding use cases, and we fully integrated e-commerce capabilities into the consumer-facing Qwen app, deepening synergies between AI and our consumer ecosystem.”