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NAS:BABA

Second quarter 2026 results:

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  • EPS: CN¥9.05 (down from CN¥18.71 in 2Q 2025).
  • Revenue: CN¥247.8b (up 4.8% from 2Q 2025).
  • Net income: CN¥21.0b (down 52% from 2Q 2025).
  • Profit margin: 8.5% (down from 19% in 2Q 2025). The decrease in margin was driven by higher expenses.

Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates significantly.

Revenue is forecast to grow 8.4% p.a. on average during the next 3 years.

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