Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2024 Rev YoY: +7.6% EPS YoY: +251.4% Move: +0.37%

Alibaba Group Holding

BABA

$130.83 0.37%

Exchange NYSE Sector Consumer Cyclical Industry Specialty Retail

Q3 2024

Published: Nov 16, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for BABA

Reported

Report Date

Nov 16, 2023

Quarter Q3 2024

Revenue

260.35B

YoY: +7.6%

EPS

0.71

YoY: +251.4%

Market Move

+0.37%

Previous quarter: Q2 2024

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Earnings Highlights

Revenue of $260.35B up 7.6% year-over-year
EPS of $0.71 increased by 251.4% from previous year
Gross margin of 40.0%
Net income of 14.56B
"Eddie Wu stated, ‘We will increase investment in core user experiences to enhance the customer shopping experience.’" - Eddie Wu (CEO)

BABA

Alibaba Group Holding Limited

Period Q3 2024

Currency CNY

Report Type Quarterly Earnings

Generated Mar 7, 2026

Executive Summary

Alibaba Group Holding Limited reported strong financial results for Q3 2024, with total revenue reaching RMB 260.3 billion, reflecting a year-over-year increase of 5%. The key drivers of this growth include the performance of the Taobao and Tmall Group, which saw double-digit increases in active buyers and order volumes. Management highlighted the importance of strategic investments in core capabilities, particularly in e-commerce and cloud computing, as vital to maintaining competitive advantage in a challenging market environment. Significant gains were recorded in international commerce, with rising revenue from AliExpress and substantial growth in cross-border fulfillment provided by Cainiao, indicating a robust recovery by leveraging global markets.

Key Performance Indicators

Revenue

Increasing

260.35B

QoQ: 18.46% | YoY: 7.61%

Gross Profit

Increasing

104.13B

40.00% margin

QoQ: 27.20% | YoY: 12.96%

Operating Income

Increasing

22.51B

QoQ: 16.91% | YoY: 83.04%

Net Income

Increasing

14.56B

QoQ: 11.57% | YoY: 237.53%

EPS

Increasing

0.72

QoQ: 8.12% | YoY: 251.39%

Revenue Trend

Margin Analysis

Financial Highlights

Financial Highlights:
- Revenue: RMB 260.3 billion, up 5% YoY
- Net Income: RMB 14.6 billion, a notable increase driven by improved operational efficiency and strategic investments.
- EBITDA: RMB 37.6 billion, with a 2% increase, underscoring operational resilience despite market headwinds.
- Gross Profit: RMB 104.1 billion, reflecting a gross margin of 40.0%.
- Cash Position: Maintained strong cash flow with net cash provided by operating activities amounting to RMB 64.7 billion.

The company also reported an increase in free cash flow to RMB 55.9 billion, indicating healthy cash generation. Management mentioned that the revenue growth was primarily supported by effective promotional strategies and a focus on user experience, which are pivotal for maintaining market leadership in the competitive Chinese e-commerce landscape.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	260.35B	7.61%	18.46%
Gross Profit	104.13B	12.96%	27.20%
Operating Income	22.51B	83.04%	16.91%
Net Income	14.56B	237.53%	11.57%
EPS	0.72	251.39%	8.12%

Key Financial Ratios

Gross Profit Margin

Good

40.00%

Gross profit margin is healthy and competitive within industry standards

Operating Profit Margin

Fair

8.65%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

5.59%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

0.80%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

1.44%

Return on equity suggests inefficient capital allocation

Current Ratio

Healthy

1.80

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Conservative

0.16

Debt-to-equity shows conservative leverage and low financial risk

P/E Ratio

Fair Value

23.79x

P/E ratio in line with market averages

Price to Book

Fair Value

1.37x

Price-to-book ratio reasonable for profitable companies

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q4 2024	221,874.00	0.16	+6.6%	View
Q3 2024	260,348.00	0.71	+7.6%	View
Q2 2024	224,790.00	1.35	+5.2%	View
Q1 2024	234,156.00	1.66	+3.9%	View

Alibaba Group Holding (BABA) Q3 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

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