On May 13, Alibaba rose 3.21% in regular trading, trading at $139.2/share, with trading volume of $1.265 billion. The rally was driven by the release of its fiscal year 2026 Q4 earnings report, which significantly outperformed market expectations on the profit side.
Alibaba reported Q4 revenue of 243.38 billion yuan, up 3% year-over-year (or 11% on a like-for-like basis excluding disposed businesses). Net profit surged to 254.76 billion yuan, compared to 123.82 billion yuan in the prior-year period — a dramatic beat versus consensus estimates that had projected adjusted net profit of just 144 billion yuan with a potential decline of over 50%. The standout metric was AI-related product revenue reaching 8.971 billion yuan, surpassing 30% of cloud external revenue for the first time and marking the eleventh consecutive quarter of triple-digit growth. Alibaba Cloud's external commercialization revenue accelerated to 40% growth, fueled by an 8x surge in Bailian MaaS platform customers and a multi-fold increase in token consumption. The company also launched its enterprise-grade intelligent agent platform and deepened integration of its Qwen AI application with its e-commerce ecosystem.
Within the Broadline Retail sector, sector performance was mixed. Among peers, JD.com rose 5.56%, PDD Holdings rose 2.34%, while Amazon.com fell 0.36%, MercadoLibre fell 4.86%, and Sea Ltd fell 0.33%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
