Alibaba Net Income 2011-2024 | BABA

Alibaba annual/quarterly net income history and growth rate from 2011 to 2024. Net income can be defined as company's net profit or loss after all revenues, income items, and expenses have been accounted for.
  • Alibaba net income for the quarter ending March 31, 2024 was $0.479B, a 85.33% decline year-over-year.
  • Alibaba net income for the twelve months ending March 31, 2024 was $11.044B, a 4.6% increase year-over-year.
  • Alibaba annual net income for 2024 was $11.044B, a 4.6% increase from 2023.
  • Alibaba annual net income for 2023 was $10.558B, a 8.02% increase from 2022.
  • Alibaba annual net income for 2022 was $9.774B, a 57.4% decline from 2021.
Alibaba Annual Net Income
(Millions of US $)
2024 $11,044
2023 $10,558
2022 $9,774
2021 $22,941
2020 $21,080
2019 $13,053
2018 $10,201
2017 $6,345
2016 $11,083
2015 $3,896
2014 $3,720
2013 $1,352
2012 $662
2011 $177
2010 $-118
Alibaba Quarterly Net Income
(Millions of US $)
2024-03-31 $479
2023-12-31 $2,033
2023-09-30 $3,797
2023-06-30 $4,735
2023-03-31 $3,265
2022-12-31 $6,788
2022-09-30 $-2,890
2022-06-30 $3,395
2022-03-31 $-1,256
2021-12-31 $3,206
2021-09-30 $833
2021-06-30 $6,991
2021-03-31 $-205
2020-12-31 $12,173
2020-09-30 $4,237
2020-06-30 $6,736
2020-03-31 $321
2019-12-31 $7,514
2019-09-30 $10,149
2019-06-30 $3,096
2019-03-31 $4,016
2018-12-31 $4,807
2018-09-30 $2,917
2018-06-30 $1,313
2018-03-31 $1,679
2017-12-31 $3,700
2017-09-30 $2,656
2017-06-30 $2,166
2017-03-31 $1,494
2016-12-31 $2,572
2016-09-30 $1,143
2016-06-30 $1,136
2016-03-31 $599
2015-12-31 $1,929
2015-09-30 $3,580
2015-06-30 $4,975
2015-03-31 $464
2014-12-31 $957
2014-09-30 $485
2014-06-30 $1,990
2013-12-31 $1,350
2013-09-30 $802
2013-03-31
2012-03-31
2011-03-31
2010-03-31
Sector Industry Market Cap Revenue
Retail/Wholesale Internet Commerce $189.780B $130.350B
Alibaba Group Holding is one of the leading e-commerce giants in China. Over the last few years, the company has transformed itself from being a traditional e-commerce company to a conglomerate that has businesses ranging from logistics and food delivery to cloud computing. Alibaba Group is represented by three businesses' Alibaba.com, Taobao, and Tmall. The company's businesses account for more than half of all online retail sales in China, which is one of the world's fastest-growing e-commerce markets. Taobao is one of Alibaba Group's most profitable marketplaces that generates for more than 80% of its sales, thanks to soaring demand for high-quality imported brands in China.The company is well positioned in the New Retail space. In this space, it aims to bring together digital payments, e-commerce, food delivery and other parts of the business into one big ecosystem. The ubiquity of smartphones and evolution of physical and online commerce are helping the company to gain momentum in this space.
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