BABA Q1 2025 Earnings — Income Statement Breakdown
For its Q1 2025 period (ending 2024-06-30), BABA reported revenue of $243.2B, gross profit of $97.1B (39.9% gross margin), operating income of $36.0B, and net income of $24.0B (9.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
BABA was profitable; revenue grew 9.6% quarter over quarter.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | Not available | Not available | Not available |
| Quarter over quarter | +9.6% | +2513.9% | +9.5 pp |
Consensus estimate data is not available for this report.
BABA Q1 2025 Income Statement
| Line item | Amount (RMB) | % of revenue |
|---|---|---|
| Revenue | $243.2B | 100% |
| Cost of Revenue | −$146.1B | 60.1% |
| Gross Profit | $97.1B | 39.9% |
| Research & Development | −$13.4B | 5.5% |
| Selling, General & Administrative | −$46.0B | 18.9% |
| Other Operating Expenses | −$1.8B | 0.7% |
| Operating Income | $36.0B | 14.8% |
| Other Income, net | −$1.9B | 0.8% |
| Income Tax Expense | −$10.1B | 4.1% |
| Net Income | $24.0B | 9.9% |
Source: original SEC filing (filed 2024-08-15). Accession 0001104659-24-090102. Data normalized by EarningsFyi.