Q2 25 EPS
$N/A
Q2 25 Revenue
N/A
vs S&P Since Q2 25
+28.4%
BEATING MARKET
BABA +50.9% vs S&P +22.5%
Market Reaction
Did BABA Beat Earnings? Q2 2025 Results
Alibaba delivered a study in contrasts for the six months ended September 30, 2024, with headline revenue growth masking a meaningful shift in strategic priorities that weighed heavily on cash generation. Consolidated revenue for the half-year period… Read more Alibaba delivered a study in contrasts for the six months ended September 30, 2024, with headline revenue growth masking a meaningful shift in strategic priorities that weighed heavily on cash generation. Consolidated revenue for the half-year period reached $69.42 billion, up 5% year-over-year, yet the more telling story was beneath that top line: GAAP operating income fell 6% to $10.31 billion as the company leaned aggressively into e-commerce competitiveness, pushing sales and marketing expenses to 13.6% of revenue from 11.4% a year earlier. That investment posture compressed adjusted EBITA by 3% to $12.39 billion and drove free cash flow down 63% to $4.50 billion. The standout performer was Alibaba International Digital Commerce, where international retail revenue surged 37% to $7.14 billion on the strength of AliExpress Choice and Trendyol, while the Cloud Intelligence Group posted 7% revenue growth with adjusted EBITA more than doubling as Alibaba accelerates its pivot toward AI-related cloud products. Core domestic e-commerce, however, grew just 1%, reflecting persistent weakness in Chinese consumer sentiment that management expects continued investment to address.
Key Takeaways
- • AliExpress Choice and Trendyol driving 37% international retail revenue growth
- • Cloud Intelligence Group shift to higher-margin public cloud and AI-related products driving 115% adjusted EBITA growth
- • Local Services Group operational efficiency improving, narrowing EBITA loss by 83%
- • Cross-border fulfillment solutions driving 12% Cainiao revenue growth
- • Mark-to-market gains on equity investments contributing to 13% net income growth
BABA Revenue by Segment
With YoY comparisons, source: SEC Filings
BABA Earnings Trends
BABA vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
BABA EPS Trend
Earnings per share: estimate vs actual
BABA Revenue Trend
Quarterly revenue: estimate vs actual
BABA Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q3 26 | — | $1.01 | — | $40.73B | — |
| Q2 26 MISS | $5.78 | $1.23 | -78.71% | $34.81B | -85.69% |
| Q1 26 MISS | $15.47 | $2.06 | -86.68% | $34.57B | -86.38% |
| Q3 25 MISS | $19.38 | $2.93 | -84.88% | $38.38B | -86.24% |
| Q2 25 | — | — | — | — | — |