Cloud Services was Alibaba Group Holding’s largest product and service line in fiscal 2026, bringing in $224.15B of $297.01B (75%).
| Product and Service | FY 2014 | FY 2015 | FY 2017 | FY 2018 | FY 2019 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Customer Management Services | — | $773.14B | $653.54B | — | ||||||
| Sales Of Goods | — | $566.55B | $548.55B | — | ||||||
| Direct Sales & Others | — | — | $207.44B | — | ||||||
| Cloud Services | — | $152.92B | $169.03B | $224.15B | ||||||
| Logistics Services | $178.43B | $228.15B | $246.76B | — | ||||||
| P4P & Display Marketing | — | — | — | — | ||||||
| Other Revenue | $73.17B | $77.67B | $85.37B | $72.85B | ||||||
| Others | — | — | — | — | ||||||
| Membership Fees & Value Added Services | — | $83.91B | $93.23B | — | ||||||
| Membership Fees & Value-Added Services | — | — | — | — | ||||||
| Commission | — | — | — | — | ||||||
| Local Consumer Services | — | — | — | — | ||||||
| Membership Fees | — | — | — | — | ||||||
| Cloud Computing Services | — | — | — | — | ||||||
| Other Customer Management Services | — | — | — | — | ||||||
| Other | — | — | — | — | ||||||
| Other Online Marketing Services | — | — | — | — | ||||||
| Total | $251.60B | $1,882.34B | $2,003.92B | $297.01B |
Alibaba Group Holding brought in $297.01B from its two product and service lines in fiscal 2026, the year ended March 31, 2026. Alibaba Group Holding regrouped these lines after fiscal 2025, so the total does not compare directly with that year's $2,003.92B. Cloud Services was the largest at $224.15B (75.5%), ahead of Other Revenue at $72.85B (24.5%).
Compared with fiscal 2025, Cloud Services grew 32.6% to $224.15B, while Other Revenue fell 14.7% to $72.85B.
Alibaba Group Holding began breaking out Cloud Services in fiscal 2024, when it brought in $152.92B. Alibaba Group Holding stopped reporting Customer Management Services ($653.54B in fiscal 2025), Sales Of Goods ($548.55B in fiscal 2025), Logistics Services ($246.76B in fiscal 2025) and two others as separate lines.
Alibaba China E-Commerce Group was Alibaba Group Holding’s largest segment in fiscal 2025, bringing in $968.16B of $1,781.08B (54%).
| Segment | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Alibaba China E-Commerce Group | — | — | $717.60B | $968.16B | |||||||
| All Others | — | — | $635.08B | — | |||||||
| Cloud Intelligence Group | — | — | $212.75B | $236.06B | |||||||
| Alibaba International Digital Commerce Group | — | $141.01B | — | $264.60B | |||||||
| International Digital Commerce Group | $37.01B | $180.16B | $41.89B | $312.27B | |||||||
| Taobao & Tmall Group | $193.59B | $35.71B | — | — | |||||||
| International Commerce | — | — | — | — | |||||||
| Core Commerce | — | — | — | — | |||||||
| Cainiao | — | — | — | — | |||||||
| Hujing Digital Media & Entertainment Group | — | $36.89B | — | — | |||||||
| Digital Media & Entertainment Group | $36.21B | — | — | — | |||||||
| Digital Media & Entertainment | — | — | — | — | |||||||
| China Commerce | — | — | — | — | |||||||
| Cloud Computing | — | — | — | — | |||||||
| Innovation Initiatives & Others | — | — | — | — | |||||||
| Total | $266.81B | $393.77B | $1,607.32B | $1,781.08B |
Alibaba Group Holding brought in $1,781.08B from its four segments in fiscal 2025, the year ended March 31, 2025. Alibaba Group Holding regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $1,607.32B. Alibaba China E-Commerce Group was the largest at $968.16B (54.4%), ahead of International Digital Commerce Group at $312.27B (17.5%) and Alibaba International Digital Commerce Group at $264.60B (14.9%). The remaining segment, Cloud Intelligence Group, brought in $236.06B.
Compared with fiscal 2024, International Digital Commerce Group grew fastest, up 645.5% to $312.27B. Every segment above 2% of revenue grew.
Alibaba Group Holding began breaking out Alibaba China E-Commerce Group in fiscal 2024, Cloud Intelligence Group in fiscal 2024 and Alibaba International Digital Commerce Group in fiscal 2023. Alibaba Group Holding stopped reporting All Others ($635.08B in fiscal 2024), Hujing Digital Media & Entertainment Group ($36.89B in fiscal 2023), Digital Media & Entertainment Group ($36.21B in fiscal 2022) and one other as separate segments.
E-Commerce was Alibaba Group Holding’s largest revenue line in fiscal 2025, bringing in $860.98B of $1,126.51B (76%).
| Collaborative Arrangement and Arrangement Other than Collaborative | FY 2013 | FY 2014 | FY 2017 | FY 2018 | FY 2019 | FY 2022 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| E-Commerce | — | $837.54B | $860.98B | |||||
| Retail | $193.59B | — | $216.93B | |||||
| Quick Commerce | — | $101.70B | — | |||||
| Wholesale | $37.01B | $41.89B | $48.60B | |||||
| Others | — | — | — | |||||
| Cloud Computing | — | — | — | |||||
| Cloud Computing & Internet Infrastructure | — | — | — | |||||
| Total | $230.60B | $981.13B | $1,126.51B |
Alibaba Group Holding brought in $1,126.51B from its three revenue lines in fiscal 2025, the year ended March 31, 2025. That is less than the $1,781.08B it reports by segment, so these revenue lines do not cover all of its revenue. E-Commerce was the largest at $860.98B (76.4%), ahead of Retail at $216.93B (19.3%) and Wholesale at $48.60B (4.3%).
Compared with fiscal 2024, Wholesale grew 16.0% to $48.60B and E-Commerce grew 2.8% to $860.98B. Some of that change comes from Alibaba Group Holding regrouping its revenue lines.
Alibaba Group Holding began breaking out E-Commerce in fiscal 2024, when it brought in $837.54B. Alibaba Group Holding stopped reporting Quick Commerce as a separate revenue line after fiscal 2024, when it brought in $101.70B.
Alibaba Group Holding (BABA) reports its revenue by product and service, by segment and by collaborative arrangement and arrangement other than collaborative. In fiscal 2026, Cloud Services was its largest product and service line, bringing in $224.15B (75.5% of the total), followed by Other Revenue at $72.85B (24.5%).
Cloud Services was Alibaba Group Holding's largest product and service line in fiscal 2026, bringing in $224.15B, or 75.5% of the $297.01B total across its two product and service lines.
Alibaba China E-Commerce Group was Alibaba Group Holding's largest segment in fiscal 2025, bringing in $968.16B, or 54.4% of the $1,781.08B total across its four segments.
E-Commerce was Alibaba Group Holding's largest revenue line in fiscal 2025, bringing in $860.98B, or 76.4% of the $1,126.51B total across its three revenue lines.
Every figure comes from Alibaba Group Holding's annual financial filings, as reported. Each line keeps the name Alibaba Group Holding gives it, and years follow its fiscal calendar.
Alibaba Group Holding's revenue by product and service goes back to fiscal 2014, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.