Alibaba Group Holding Limited · BABA · Next earnings

Alibaba Group Holding Limited reports Tuesday, Nov 24, 2026

BABA reports before market open with consensus EPS at $1.61 and revenue at $40.25B. Last quarter: Alibaba leans harder into AI as capex and execution risks rise

Reports Before market open19 days awayDate estimated Consumer Cyclical

What the street expects

Consensus for the coming report
Consensus EPS $1.61 Calendar consensus
Consensus revenue $40.25B Calendar consensus
Report date Nov 24, 2026 Tuesday, date estimated
Session Before market open 19 days away

Where BABA left off: FY2027 Q1

Full report

Alibaba leans harder into AI as capex and execution risks rise

EPS surprise -35.6% Reported $1.25 vs $1.94
Revenue surprise +0.3% Reported $39.64B vs $39.52B
Stock move +1.3% Event window
Subsequent drift -13.2% Up to 20 sessions

No explicit guidance change was provided in the supplied analysis.

What to watch on the call

Carried forward from the last transcript

Risks management flagged

  • High AI-related capex and negative free cash flow.
  • Macroeconomic pressure on domestic e-commerce demand.
  • Intense competition in cloud and AI services.
  • AI-compute supply constraints that could pressure margins.
  • Execution risk around quick-commerce profitability.

Questions analysts left open

  • Whether elevated AI capex will generate adequate returns.
  • The path to quick-commerce profitability and its contribution to GMV.
  • How the mix of chips, models, and services affects long-term value creation.

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Recent BABA quarters

All BABA earnings
+1.3%FY2027 Q1+8.2%FY2026 Q4-7.1%FY2026 Q3-2.3%FY2026 Q2

Sources

  1. FN2 corporate events calendar, resolved from the earnings calendar feed
  2. FN2 earnings calendar analyst consensus
  3. Earnings call transcript analysis, FY2027 Q1

Methodology

The report date comes from FN2's resolved corporate-events calendar and is marked estimated until the company confirms it. Consensus figures are the calendar's latest analyst estimates for the fiscal period and are not an FN2 forecast.

Risks and open questions are carried forward verbatim from FN2's structured analysis of the previous earnings call. Missing values stay missing and are never estimated.

By FN2 Research · Updated . For educational purposes only; not investment advice.