Earnings$BABA5:33 AM ETdeveloping · v3

Alibaba Q1 adj. EPS misses estimates, revenue in line; AI revenue triple-digit growth

By BORSA NewsroomPublished Aug 20, 2026, 5:33 AM EDTUpdated Aug 22, 2026, 3:54 AM EDT

Alibaba reported Q1 adjusted EPS of 8.52 yuan, missing the 11.28 yuan estimate. Revenue of 268.95B yuan was roughly in line. Adj. EBITDA beat. AI product revenue grew triple digits for 12th straight quarter. CapEx surged to 67.7B yuan, well above estimates. Net income fell 75% YoY.

Sentimentbearish 30

Bearish · 30 of 100

Impact70

medium · sector-wide

Confidence85%

high confidence · 3 wires

Eventdeveloping

v3 · alerted to followers

WHAT WE KNOW

Adj. EPS: 8.52 yuan vs est. 11.28 yuan.