Alibaba Group Holding Limited Q2 2024 Earnings Analysis
Revenue grew 8.5% year over year and fell 4% sequentially. Margins weakened from the previous quarter, indicating ongoing pressure on profitability. Year-over-year earnings remained under pressure, showing that the recovery in profitability is still incomplete.
Revenue trend
Revenue growth stayed positive, supporting a healthier topline trend.
Margin and earnings quality
Margins deteriorated from last quarter, indicating weaker profit conversion.
What matters next
Investor focus is likely to remain on whether management can restore earnings momentum over coming quarters.
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 $224.8B in revenue for Q2 2024, up 8.5% YoY and down 4% QoQ. Positive year-over-year growth suggests healthier revenue momentum.
Profitability Analysis
Net income came in at $27.8B, down 236.3% YoY and down 18.7% QoQ. Net margin was 12.4%. Sequential margin deterioration suggests profitability remains under pressure.
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 Q2 2024?
Alibaba Group Holding Limited reported revenue of $224.8B in Q2 2024.
What was Alibaba Group Holding Limited's net income in Q2 2024?
Alibaba Group Holding Limited reported net income of $27.8B in Q2 2024.
How did Alibaba Group Holding Limited's revenue change year over year?
Alibaba Group Holding Limited's revenue increased by 8.5% year over year in Q2 2024.
What was Alibaba Group Holding Limited's net margin in Q2 2024?
Alibaba Group Holding Limited's net margin was 12.4% in Q2 2024.
Compare this quarter with the previous earnings report.
Explore company profile, industry, and historical context.
View more quarterly financial trend pages for this company.
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.
