By Tracy Qu
Alibaba Group is scheduled to report results for its fiscal fourth quarter on Wednesday. Here's what you need to know:
NET PROFIT FORECAST: The Chinese e-commerce titan is expected to report net profit of 11.16 billion yuan, equivalent to $1.64 billion, for the three months ended March, according to the FactSet consensus estimate. Alibaba posted net profit of 12.38 billion yuan in the year-earlier period.
REVENUE FORECAST: Fourth-quarter revenue is estimated at 246.475 billion yuan, according to FactSet, higher than 236.45 billion yuan the previous year.
The company's Hong Kong-listed shares rose 13% in the first three months of the year amid broad optimism over tech stocks in Hong Kong.
WHAT TO WATCH:
--QUICK COMMERCE: Analysts think Alibaba's quick-commerce segment losses likely narrowed during the quarter. Revenue for quick-commerce business is projected to have grown 40%, partly thanks to increasing order volume scale, CGS International analysts say in a note. This segment could turn profitable in fiscal year 2029, they added.
--AI: Alibaba likely invested more in artificial intelligence in the first three months, Daiwa analysts said in a research note. Losses from model training and heavy Qwen app marketing efforts may have weighed on earnings, the Daiwa analysts said. That said, the analysts are positive about Alibaba's AI potential and medium-term AI monetization outlook.
Write to Tracy Qu at tracy.qu@wsj.com
(END) Dow Jones Newswires
May 11, 2026 03:39 ET (07:39 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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