Segment information (Tables)
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12 Months Ended |
Mar. 31, 2026 |
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| Segment Reporting [Abstract] |
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| Schedule of segment reporting |
The following table presents the information by segment for the years ended March 31, 2024, 2025 and 2026:
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Year ended March 31, |
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2024 |
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2025 |
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2026 |
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RMB |
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RMB |
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RMB |
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(in millions) |
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Alibaba China E-commerce Group |
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Revenue |
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490,101 |
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|
508,380 |
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|
554,217 |
|
Costs and expenses (i) |
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(303,131 |
) |
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(315,157 |
) |
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(446,708 |
) |
Adjusted EBITA (ii) |
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|
186,970 |
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|
193,223 |
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|
107,509 |
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Alibaba International Digital Commerce Group |
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Revenue |
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102,598 |
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|
132,300 |
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|
144,170 |
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Costs and expenses (i) |
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(110,633 |
) |
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(147,437 |
) |
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(146,221 |
) |
Adjusted EBITA (ii) |
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(8,035 |
) |
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(15,137 |
) |
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(2,051 |
) |
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Cloud Intelligence Group |
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Revenue |
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106,374 |
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118,028 |
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158,132 |
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Costs and expenses (i) |
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(100,253 |
) |
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(107,472 |
) |
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(143,867 |
) |
Adjusted EBITA (ii) |
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6,121 |
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|
10,556 |
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|
14,265 |
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All others |
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Revenue |
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317,539 |
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338,347 |
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254,367 |
|
Costs and expenses (i) |
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(328,791 |
) |
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(347,846 |
) |
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(290,104 |
) |
Adjusted EBITA (ii) |
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(11,252 |
) |
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(9,499 |
) |
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(35,737 |
) |
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| Schedule of reconciliation from the adjusted EBITA to the consolidated net income |
The following table presents the reconciliation from the total segments Adjusted EBITA to the consolidated net income for the years ended March 31, 2024, 2025 and 2026:
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Year ended March 31, |
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2024 |
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2025 |
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2026 |
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RMB |
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RMB |
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RMB |
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(in millions) |
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Total segments Adjusted EBITA |
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173,804 |
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179,143 |
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83,986 |
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Unallocated (iii) |
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(6,190 |
) |
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(4,337 |
) |
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(5,150 |
) |
Inter-segment elimination |
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(2,586 |
) |
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(1,741 |
) |
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(2,420 |
) |
Non-cash share-based compensation expense |
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(18,546 |
) |
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(13,970 |
) |
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(11,180 |
) |
Amortization and impairment of intangible assets |
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(21,592 |
) |
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(6,336 |
) |
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(5,079 |
) |
Impairment of goodwill, and others |
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(11,540 |
) |
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(11,854 |
) |
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(10,007 |
) |
Consolidated income from operations |
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113,350 |
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140,905 |
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|
50,150 |
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Interest and investment income, net |
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(9,964 |
) |
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20,759 |
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87,512 |
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Interest expense |
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(7,947 |
) |
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(9,596 |
) |
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(9,793 |
) |
Other income, net |
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6,157 |
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3,387 |
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1,518 |
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Income tax expenses |
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(22,529 |
) |
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(35,445 |
) |
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(30,045 |
) |
Share of results of equity method investees |
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(7,735 |
) |
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5,966 |
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|
2,785 |
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Consolidated net income |
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71,332 |
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|
125,976 |
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102,127 |
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| Schedule of depreciation and impairment of property and equipment and land use rights by segment |
The following table presents the depreciation and impairment of property and equipment, and operating lease cost relating to land use rights by segment for the years ended March 31, 2024, 2025 and 2026:
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Year ended March 31, |
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2024 |
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2025 |
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2026 |
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RMB |
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RMB |
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RMB |
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(in millions) |
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Alibaba China E-commerce Group |
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|
532 |
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|
155 |
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|
94 |
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Alibaba International Digital Commerce Group |
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|
961 |
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1,137 |
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|
878 |
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Cloud Intelligence Group |
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14,335 |
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15,911 |
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28,921 |
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All others |
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8,622 |
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|
7,818 |
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|
3,589 |
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Total segments depreciation and impairment of property and
equipment, and operating lease cost relating to land use rights |
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24,450 |
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25,021 |
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33,482 |
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(i)Segment costs and expenses primarily comprise components that are included in cost of revenue, product development expenses, sales and marketing expenses, as well as general and administrative expenses. (ii)Adjusted EBITA represents net income before interest and investment income, net, interest expense, other income, net, income tax expenses, share of results of equity method investees, certain non-cash expenses, consisting of share-based compensation expense, amortization and impairment of intangible assets, impairment of goodwill, and others, which the Company does not believe are reflective of the Company's core operating performance during the periods presented. (iii)Unallocated primarily relates to certain costs incurred by corporate functions and other miscellaneous items that are not allocated to individual segments.
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