BABA Q1 2020 Earnings Report — Alibaba Group Holding Limited Revenue & Financial Results | Market Cap Arena

Alibaba Group Holding LimitedBABA

Q1 2020 Earnings

Reported June 29, 2019

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q1 2020	Q4 2019	Q1 2019	QoQ Change	YoY Change
Revenue	$16.8B	$13.7B	—	22.9%	—
Op. Income	$3.6B	$1.3B	—	178.1%	—
Gross Margin	47.8%	40.5%	—	7.3pp	—
Net Margin	18.7%	27.7%	—	-9.1pp	—
EPS (Diluted)	$9.42	$-22.70	—	141.5%	—
Free Cash Flow	$5.1B	$3.2B	—	58.7%	—

Revenue Flow

Item	Amount
REVENUE	$16.8B
Cost of Revenue	$8.8B
GROSS PROFIT	$8.0B
R&D Expenses	$1.5B
Selling & Marketing	$1.6B
General & Administrative	$923M
SG&A Expenses	$2.5B
Other Expenses	$448M
Operating Expenses	$4.5B
Cost & Expenses	$13.2B
OPERATING INCOME	$3.6B
Interest Income	$27M
Interest Expense	$197M
Other Income/Expenses	$213M
INCOME BEFORE TAX	$3.8B
Income Tax Expense	$981M
Net Income from Continuing Ops	$2.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.1B
Net Income Deductions	$2M
BOTTOM LINE NET INCOME	$3.1B
D&A	$448M
EBIT	$3.9B
EBITDA	$4.3B
EPS	$10
EPS Diluted	$9

Income Statement

Item	Amount
REVENUE	$16.8B
Cost of Revenue	$8.8B
GROSS PROFIT	$8.0B
R&D Expenses	$1.5B
Selling & Marketing	$1.6B
General & Administrative	$923M
SG&A Expenses	$2.5B
Other Expenses	$448M
Operating Expenses	$4.5B
Cost & Expenses	$13.2B
OPERATING INCOME	$3.6B
Interest Income	$27M
Interest Expense	$197M
Other Income/Expenses	$213M
INCOME BEFORE TAX	$3.8B
Income Tax Expense	$981M
Net Income from Continuing Ops	$2.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$3.1B
Net Income Deductions	$2M
BOTTOM LINE NET INCOME	$3.1B
D&A	$448M
EBIT	$3.9B
EBITDA	$4.3B
EPS	$10
EPS Diluted	$9

Cash Flow Statement

Item	Amount
Net Income	$3.1B
Depreciation & Amortization	$1.1B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$828M
Change in Working Capital	$0
OPERATING CASH FLOW	$5.1B
Capital Expenditure	$0
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$3.1B
NET CASH FROM INVESTING	-$3.1B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	$663M
NET CASH FROM FINANCING	$663M
FREE CASH FLOW	$5.1B
Net Change in Cash	$3.3B

Balance Sheet

Item	Amount
Cash & Equivalents	$31.8B
Short-Term Investments	$1.5B
Net Receivables	$0
Inventory	$0
Other Current Assets	$9.2B
TOTAL CURRENT ASSETS	$42.5B
PP&E (Net)	$13.8B
Goodwill	$39.0B
Intangible Assets	$9.6B
Long-Term Investments	$37.2B
Tax Assets	$0
Other Non-Current Assets	$6.8B
TOTAL NON-CURRENT ASSETS	$106.4B
TOTAL ASSETS	$148.9B
Account Payables	$17.5B
Short-Term Debt	$3.4B
Deferred Revenue	$4.7B
Other Current Liabilities	$2.6B
TOTAL CURRENT LIABILITIES	$30.8B
Long-Term Debt	$17.0B
Deferred Revenue NC	$242M
Deferred Tax Liabilities	$3.2B
Other Non-Current Liabilities	$3.4B
TOTAL NON-CURRENT LIABILITIES	$23.8B
TOTAL LIABILITIES	$54.6B
Common Stock	$146.1K
Additional Paid-In Capital	$34.8B
Retained Earnings	$40.8B
Treasury Stock	$0
Accum. Other Comp. Income	$559M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$76.1B
Minority Interest	$18.1B
TOTAL EQUITY	$94.3B
TOTAL LIABILITIES & EQUITY	$148.9B
Total Debt	$20.4B
Net Debt	-$11.5B