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阿里巴巴Alibaba Group(BABA)2026财年第一季度财务业绩演示报告「NYSE」(英文版)(17页).pdf

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1、August 29,2025June Quarter 2025 ResultsDisclaimerThis presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States(“GAAP”),including adjusted EBITDA(including adjusted EBITDA margin),adjusted EBITA(including adjusted EBI

2、TA margin),non-GAAP net income,non-GAAP diluted earnings per share/ADS and free cash flow.For a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP measures,see GAAP to Non-GAAP Measures Reconciliation,GAAP to Non-GAAP Net Income Attributable to Ordinary Sharehol

3、ders and the slides presenting revenue and EBITA by segments.This presentation contains forward-looking statements.These statements are made under the“safe harbor”provisions of the U.S.Private Securities Litigation Reform Act of 1995.These forward-looking statements can be identified by terminology

4、such as“may,”“will,”“expect,”“anticipate,”“future,”“aim,”“estimate,”“intend,”“seek,”“plan,”“believe,”“potential,”“continue,”“ongoing,”“target,”“guidance,”“is/are likely to”and similar statements.In addition,statements that are not historical facts,including statements about Alibabas strategies and b

5、usiness and operational plans,Alibabas beliefs,expectations and guidance regarding the growth of its business,its financial results,return on investments,strategic investments and dispositions and share repurchases,and the business outlook and quotations from management in this presentation,are or c

6、ontain forward-looking statements.Forward-looking statements involve inherent risks and uncertainties.A number of factors could cause actual results to differ materially from those contained in any forward-looking statement,including but not limited to:Alibabas ability to compete,innovate and mainta

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- **战略投资与业务转型**:阿里巴巴投资消费和AI+云两大战略支柱,合并淘宝、天猫、饿了么和飞猪为阿里巴巴中国电商集团,打造全面消费平台。 - **业务增长**:淘宝应用月活跃用户增长25%,云计算业务收入增长26%,AI相关产品收入连续八季度保持三位数增长。 - **财务表现**:2025年第二季度总收入2476.52亿元人民币,同比增长2%;净利润423.82亿元人民币,同比增长76%。 - **云业务**:云业务收入增长26%,调整后EBITA增长26%,AI相关产品收入连续八季度保持三位数增长。 - **电商业务**:中国电商集团收入增长10%,调整后EBITA下降21%,主要由于“淘宝即时购物”的投资。 - **国际数字商业集团**:收入增长19%,调整后EBITA亏损5900万元人民币,主要由于AliExpress运营效率提升。 - **其他业务**:收入下降28%,调整后EBITA亏损14.15亿元人民币,主要由于技术业务投资增加。
"阿里云业务增长惊人,AI产品助力突破" "淘宝、天猫合并,新电商时代来临" "阿里国际业务逆势增长,跨境电商再发力"
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