BABA Q2 2019 Earnings Report — Alibaba Group Holding Limited Revenue & Financial Results | Market Cap Arena

Alibaba Group Holding LimitedBABA

Q2 2019 Earnings

Reported September 29, 2018

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	Q2 2019	Q1 2019	Q2 2018	QoQ Change	YoY Change
Revenue	$12.4B	—	$8.1B	—	54.5%
Op. Income	$2.0B	—	$2.4B	—	-18.6%
Gross Margin	45.1%	—	60.1%	—	-15.0pp
Net Margin	23.6%	—	32.1%	—	-8.4pp
EPS (Diluted)	$8.91	—	$-17.15	—	151.9%
Free Cash Flow	$2.6B	—	$3.3B	—	-21.7%

Revenue Flow

Item	Amount
REVENUE	$12.4B
Cost of Revenue	$6.8B
GROSS PROFIT	$5.6B
R&D Expenses	$1.2B
Selling & Marketing	$1.3B
General & Administrative	$698M
SG&A Expenses	$2.0B
Other Expenses	$382M
Operating Expenses	$3.6B
Cost & Expenses	$10.5B
OPERATING INCOME	$2.0B
Interest Income	$969M
Interest Expense	$196M
Other Income/Expenses	$733M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$40M
Net Income from Continuing Ops	$2.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.9B
Net Income Deductions	$2M
BOTTOM LINE NET INCOME	$2.9B
D&A	$382M
EBIT	$2.7B
EBITDA	$3.1B
EPS	$9
EPS Diluted	$9

Income Statement

Item	Amount
REVENUE	$12.4B
Cost of Revenue	$6.8B
GROSS PROFIT	$5.6B
R&D Expenses	$1.2B
Selling & Marketing	$1.3B
General & Administrative	$698M
SG&A Expenses	$2.0B
Other Expenses	$382M
Operating Expenses	$3.6B
Cost & Expenses	$10.5B
OPERATING INCOME	$2.0B
Interest Income	$969M
Interest Expense	$196M
Other Income/Expenses	$733M
INCOME BEFORE TAX	$2.7B
Income Tax Expense	$40M
Net Income from Continuing Ops	$2.7B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$2.9B
Net Income Deductions	$2M
BOTTOM LINE NET INCOME	$2.9B
D&A	$382M
EBIT	$2.7B
EBITDA	$3.1B
EPS	$9
EPS Diluted	$9

Cash Flow Statement

Item	Amount
Net Income	$3.0B
Depreciation & Amortization	$913M
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$411M
Change in Working Capital	$0
OPERATING CASH FLOW	$4.3B
Capital Expenditure	-$1.7B
Acquisitions (Net)	$0
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$2.2B
NET CASH FROM INVESTING	-$4.0B
Net Debt Issuance	$0
Common Stock Repurchased	$0
Common Dividends Paid	$0
Other Financing Activities	-$557M
NET CASH FROM FINANCING	-$557M
FREE CASH FLOW	$2.6B
Net Change in Cash	-$1.5B

Balance Sheet

Item	Amount
Cash & Equivalents	$24.0B
Short-Term Investments	$2.5B
Net Receivables	$0
Inventory	$0
Other Current Assets	$8.2B
TOTAL CURRENT ASSETS	$34.7B
PP&E (Net)	$12.7B
Goodwill	$29.7B
Intangible Assets	$7.4B
Long-Term Investments	$32.0B
Tax Assets	$0
Other Non-Current Assets	$3.8B
TOTAL NON-CURRENT ASSETS	$85.7B
TOTAL ASSETS	$120.4B
Account Payables	$15.3B
Short-Term Debt	$1.3B
Deferred Revenue	$3.9B
Other Current Liabilities	$2.2B
TOTAL CURRENT LIABILITIES	$24.5B
Long-Term Debt	$18.9B
Deferred Revenue NC	$176M
Deferred Tax Liabilities	$2.9B
Other Non-Current Liabilities	$773M
TOTAL NON-CURRENT LIABILITIES	$22.7B
TOTAL LIABILITIES	$47.2B
Common Stock	$146.0K
Additional Paid-In Capital	$31.1B
Retained Earnings	$30.3B
Treasury Stock	-$206M
Accum. Other Comp. Income	$383M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$61.6B
Minority Interest	$11.6B
TOTAL EQUITY	$73.2B
TOTAL LIABILITIES & EQUITY	$120.4B
Total Debt	$20.2B
Net Debt	-$3.8B