Operating Income for Alibaba (BABA)
According to Alibaba's latest reported financial statements, the company's current operating income (TTM) is $87.26B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

BABA
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TTM (last 4 quarters)
$87.26B
YoY change
+24.3%
5Y CAGR
+9.0%
Peak year (2025)
$140.91B
Cumulative operating income
$881.21B
Operating Income history chart for Alibaba (BABA) from 2007 to 2025
Operating Income history table for Alibaba (BABA) from 2007 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $140.91B | +24.3% | ||
| 2024 | $113.35B | +13.0% | ||
| 2023 | $100.35B | +44.1% | ||
| 2022 | $69.64B | -22.3% | ||
| 2021 | $89.68B | -1.9% | ||
| 2020 | $91.43B | +60.2% | ||
| 2019 | $57.08B | -17.6% | ||
| 2018 | $69.31B | +44.2% | ||
| 2017 | $48.05B | +65.1% | ||
| 2016 | $29.10B | +25.8% | ||
| 2015 | $23.14B | -7.2% | ||
| 2014 | $24.92B | +72.9% | ||
| 2013 | $14.41B | +187.4% | ||
| 2012 | $5.01B | +226.4% | ||
| 2011 | $1.54B | +43.2% | ||
| 2010 | $1.07B | -6.0% | ||
| 2009 | $1.14B | +41.9% | ||
| 2008 | $804.35M | +199.6% | ||
| 2007 | $268.50M | — |
Operating Income values are taken from Alibaba's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in CNY as filed.
Analysis
As of the 2025 fiscal year, Alibaba (BABA) reported operating income of $140.91B – grew 24.3% year-over-year.
Across 2020–2025 (5 years), Alibaba operating income produced a CAGR of +9.0% – sustaining 3 straight years of year-over-year growth.
2025 marks the peak operating income at $140.91B, with the historical low of $268.50M recorded in 2007.
Within Consumer Cyclical, Alibaba (BABA) ranks 1st among 8 peers we track. The peer median for operating income is $11.27B.
Alibaba Operating Income by Year
Alibaba Operating Income 2025: $140.91B
Alibaba operating income in 2025 was $140.91B, grew 24.3% from 2024. This figure represents the highest annual value in the available history.
Alibaba Operating Income 2024: $113.35B
Alibaba operating income in 2024 was $113.35B, grew 13.0% from 2023.
Alibaba Operating Income 2023: $100.35B
Alibaba operating income in 2023 was $100.35B, surged 44.1% from 2022.
Alibaba Operating Income 2022: $69.64B
Alibaba operating income in 2022 was $69.64B, declined 22.3% below 2021.
Alibaba Operating Income 2021: $89.68B
Alibaba operating income in 2021 was $89.68B.
See more financial history for Alibaba (BABA).
Sector peers — Operating Income
Companies in the same sector as Alibaba, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Lowe's Companies, Inc. (LOW) | $10.15B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Alibaba's operating income?
- Latest reported operating income for Alibaba (BABA) is $87.26B (period ending December 31, 2025).
How has Alibaba operating income changed year-over-year?
- Alibaba (BABA) operating income changed +24.3% year-over-year on the latest annual filing.
What is the long-term growth rate of Alibaba operating income?
- Alibaba (BABA) operating income compound annual growth rate is +9.0% over the most recent 5 years available.
When did Alibaba operating income hit its highest annual value?
- Alibaba operating income reached its highest annual value of $140.91B in 2025.
What was Alibaba operating income in 2024?
- Alibaba (BABA) operating income in 2024 was $113.35B.
What was Alibaba operating income in 2025?
- Alibaba (BABA) operating income in 2025 was $140.91B.
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