Alibaba Q1 Earnings Miss Estimates, Revenues Rise 9%

Earnings Impact 4
โดย Zacks Investment Research·CN·Read original
Summary · why it matters

Alibaba Group reported non-GAAP adjusted earnings of $1.26 per ADS for the first quarter of fiscal 2027, missing the Zacks Consensus Estimate by 35.05%, while revenues of $39.64 billion beat estimates by 2.61%. In domestic currency, adjusted earnings fell 42% year over year to RMB 8.52, and revenues rose 9% to RMB 268.95 billion. The company attributed revenue growth to accelerated performance in AI Cloud and Compute Services and expansion of China Quick Commerce, while heavy AI infrastructure investments pressured margins. Alibaba also realigned its reporting segments, combining China and international e-commerce with Freshippo into a unified Alibaba E-commerce Group, merging Cloud Intelligence with T-Head into AI Cloud and Compute Services, and creating a new AI Labs and Applications segment. Adjusted EBITDA declined 14% to RMB 39.1 billion, and free cash flow was an outflow of RMB 44.7 billion, driven by a 75% increase in capital expenditures to RMB 67.7 billion.

Impact on stocks 4

Consumer Discretionary▲ · 2 stocks
Artificial Intelligence▼ · 1 stocks
Alibaba Group Holding Ltd
9988
▼ NegativeCapitalrelevance

Q1 earnings miss estimates and adjusted earnings fell 42% YoY, while heavy AI capex pressured margins and FCF turned negative.

Consumer Staples▲ · 1 stocks

Theme Impact 4

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