Categories AlphaGraphs, Retail

Alibaba (BABA) Earnings: Key financials and quarterly highlights for Q2 2021

Alibaba Group Holding Limited (NYSE: BABA) reported its second quarter 2021 earnings results today.

Revenue increased 30% year-over-year to RMB155,059 million ($22.8 billion).

Net income attributable to ordinary shareholders fell 60% to RMB28,769 million ($4.2 billion) and diluted earnings per ADS dropped 62% to RMB10.48 ($1.54) compared to last year.  

Adjusted net income was RMB47,088 million ($6.9 billion), up 44% year-over-year and adjusted earnings per ADS was RMB17.97 ($2.65), up 37% year-over-year.

Annual active consumers on Alibaba’s China retail marketplaces reached 757 million, up 15 million from the twelve months period ended June 30, 2020.

Prior performance

Alibaba reports Q1 2021 earnings results

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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