Alibaba Group reported quarter ended June 30, 2026: group revenue rose 9% YoY.
Management said Alibaba Cloud's external commercialization revenue growth
accelerated to 45% YoY and AI-related product revenue posted triple-digit YoY
gains for a 12th consecutive quarter. The company launched AI productivity
platform Qianwen Office. Cloud revenue continues to accelerate; a higher-quality
revenue mix and operating leverage lifted group EBITA margin to 12%. Instant
retail kept market share while improving efficiency and e‑commerce profits
remained steady. Management reiterated disciplined, ongoing investment in
full‑stack AI as AI commercialization scales, which it said will increase
strategic and financial flexibility.
