Alibaba Group Holding Limited Q1 2024 Earnings Analysis
Revenue grew 13.9% year over year and fell 75.1% sequentially. Margins improved from the previous quarter, suggesting stronger cost discipline and operational efficiency. Alibaba Group Holding Limited also posted year-over-year earnings growth, reinforcing a more resilient operating profile.
Revenue trend
Revenue growth stayed positive, supporting a healthier topline trend.
Margin and earnings quality
Margins improved from last quarter, suggesting that cost controls are starting to offset topline weakness.
What matters next
Investors will continue watching execution quality.
Revenue & YoY Growth
QuarterlyRevenue trend and year-over-year growth across recent reported quarterly periods.
Net Income & Net Margin
QuarterlyNet income and net margin trend over recent reported quarterly periods.
Revenue Analysis
Alibaba Group Holding Limited reported $234.2B in revenue for Q1 2024, up 13.9% YoY and down 75.1% QoQ. Positive year-over-year growth suggests healthier revenue momentum.
Profitability Analysis
Net income came in at $34.2B, up 51.1% YoY and up 44.8% QoQ. Net margin was 14.6%. Sequential margin improvement suggests stronger operating discipline despite a mixed revenue environment.
Frequently Asked Questions
Quick factual answers for this report. Need the why behind them? Ask the report assistant.
What was Alibaba Group Holding Limited's revenue in Q1 2024?
Alibaba Group Holding Limited reported revenue of $234.2B in Q1 2024.
What was Alibaba Group Holding Limited's net income in Q1 2024?
Alibaba Group Holding Limited reported net income of $34.2B in Q1 2024.
How did Alibaba Group Holding Limited's revenue change year over year?
Alibaba Group Holding Limited's revenue increased by 13.9% year over year in Q1 2024.
What was Alibaba Group Holding Limited's net margin in Q1 2024?
Alibaba Group Holding Limited's net margin was 14.6% in Q1 2024.
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Data Source & Methodology
Financial data is sourced from company filings and internal processed earnings data.
YoY and QoQ values are derived from reported quarterly figures when not directly available.
This page is for informational purposes only and does not constitute investment advice.
