BABA Q1 2027 Earnings — Income Statement Breakdown
For its Q1 2027 period (ending 2026-06-30), BABA reported revenue of $269.0B, gross profit of $102.9B (38.2% gross margin), operating income of $15.2B, and net income of $10.5B (3.9% net margin). The flow of revenue into costs and profit is visualized below.
What changed
BABA was profitable; revenue grew 8.6% year over year.
| Comparison | Revenue | Net income | Net margin |
|---|---|---|---|
| Year over year | +8.6% | −75.1% | −13.2 pp |
| Quarter over quarter | +10.5% | −89.7% | −38.0 pp |
Consensus estimate data is not available for this report.
BABA Q1 2027 Income Statement
| Line item | Amount (RMB) | % of revenue |
|---|---|---|
| Revenue | $269.0B | 100% |
| Cost of Revenue | −$166.1B | 61.8% |
| Gross Profit | $102.9B | 38.2% |
| Research & Development | — | 0.0% |
| Selling, General & Administrative | — | 0.0% |
| Other Operating Expenses | −$87.7B | 32.6% |
| Operating Income | $15.2B | 5.6% |
| Other Income, net | $8.2B | 3.0% |
| Income Tax Expense | −$12.8B | 4.8% |
| Net Income | $10.5B | 3.9% |
Source: original SEC filing (filed 2026-08-20). Accession 0001104659-26-099220. Data normalized by EarningsFyi.