Alibaba Group Holding Limited (BABA) Announced Q4 2026 Earnings on May 13, 2026, Reporting "total revenue was RMB 243.4 billion".

Alibaba Group Holding Limited reported its financial results for the quarter, stating that "total revenue was RMB 243.4 billion". Management noted that "Our GAAP net income was RMB 23.5 billion, an increase of 96%", while "Total adjusted EBITA decreased 84%" primarily due to strategic investments in technology businesses, quick commerce and user experience.

For the quarter, the company reported that "Operating cash flow was an inflow of RMB 9.4 billion" and "Free cash flow was an outflow of RMB 17.3 billion".During the quarter, Alibaba emphasized its two strategic priorities of AI plus Cloud and consumption.

The Cloud Intelligence Group saw revenue from external customers accelerate to grow 40 percent.

Management highlighted that AI-related products continued to lead this momentum, noting, "We delivered our 11th consecutive quarter of triple-digit growth in AI revenue". This AI revenue now accounts for 30 percent of external cloud revenue.

Additionally, the company reported exponential growth in its model and application services, and noted that T-Head proprietary GPU chips have achieved scaled MaaS production.On the consumption front, revenue from the China E-commerce Group was RMB 122 billion for the quarter.

The company stated that "Revenue from our quick commerce business increased 57% to RMB 20 billion". Management noted that the quick commerce business further improved its unit economics and increased the average order value quarter-over-quarter.

Additionally, the Qwen app fully integrated Taobao and Tmall commerce service capabilities during the quarter, positioning it as an all-in-one personal assistant.

Looking forward, management provided guidance for its AI model and application services, expecting annualized recurring revenue to surpass RMB 10 billion in the June quarter and RMB 30 billion by year-end.

For the quick commerce segment, management stated they are confident that unit economics will turn positive by the end of fiscal year 27.

Furthermore, the Board of Directors approved an annual dividend of USD 1.05 per ADS.