Alibaba’s adjusted earnings per share for the third quarter of 2026 were $1.01, falling short of analyst estimates of $1.73. This marks a decrease of 65.5 percent from the same period last year.
The company reported a revenue of $40.73 billion for the third quarter of 2026, which was 1.29% below market expectations. However, this represents a 6.1 percent increase from the same quarter last year.
Revenue from the Cloud Intelligence Group for the quarter ended December 31, 2025, was RMB43,284 million or US$6,190 million, while the E-commerce business generated RMB131,583 million or US$18,816 million in revenue for the same period. Further Quick commerce business revenue was RMB20,842 million or US$2,980 million, and China commerce wholesale business revenue was RMB6,922 million US$990 million.
Adjusted EBITDA for the quarter ended December 31, 2025, decreased 45% year-over-year to RMB34,057 million or US$4,870 million, compared to RMB62,054 million in the same quarter year-ago.
“This quarter, Alibaba maintained strong investments across our core pillars of AI and consumption. AI is and will continue to be one of our primary growth engines. Our Cloud Intelligence Group’s revenue is up 36% with AI-related product revenue delivering triple-digit growth for the tenth consecutive quarter,” said Eddie Wu, Chief Executive Officer of Alibaba Group.
 reported mixed results for Q3 2026, with revenue increasing 6.11% year-over-year to $40.73 billion but missing market expectations by 1.29%.){kind=link}