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Side-by-side financial comparison of American Well Corp (AMWL) and Alibaba Group Holding Ltd (BABA). Click either name above to swap in a different company.

Alibaba Group Holding Ltd is the larger business by last-quarter revenue ($38.8B vs $55.3M, roughly 700.9× American Well Corp). Alibaba Group Holding Ltd runs the higher net margin — 5.8% vs -45.1%, a 50.8% gap on every dollar of revenue.

The American Tobacco Company was a tobacco company founded in 1890 by J. B. Duke through a merger between a number of U.S. tobacco manufacturers including Allen and Ginter, Goodwin & Company, and Kinney Brothers. The company was one of the original 12 members of the Dow Jones Industrial Average in 1896. The American Tobacco Company dominated the industry by acquiring the Lucky Strike Company and over 200 other rival firms. Federal Antitrust action begun in 1907 broke the company into several ...

Alibaba Group Holding Limited, branded as Alibaba, is a Chinese multinational technology company specializing in e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse...

AMWL vs BABA — Head-to-Head

Bigger by revenue
BABA
BABA
700.9× larger
BABA
$38.8B
$55.3M
AMWL
Higher net margin
BABA
BABA
50.8% more per $
BABA
5.8%
-45.1%
AMWL

Income Statement — Q4 2025 vs Q4 2025

Metric
AMWL
AMWL
BABA
BABA
Revenue
$55.3M
$38.8B
Net Profit
$-24.9M
$2.2B
Gross Margin
40.2%
Operating Margin
-45.5%
6.6%
Net Margin
-45.1%
5.8%
Revenue YoY
-22.1%
Net Profit YoY
41.6%
EPS (diluted)
$-1.53
$6.64

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AMWL
AMWL
BABA
BABA
Q4 25
$55.3M
$38.8B
Q3 25
$56.3M
$34.2B
Q2 25
$70.9M
$32.6B
Q1 25
$66.8M
Q4 24
$71.0M
$38.7B
Q3 24
$61.0M
Q2 24
$62.8M
Q1 24
$59.5M
Net Profit
AMWL
AMWL
BABA
BABA
Q4 25
$-24.9M
$2.2B
Q3 25
$-32.4M
$2.9B
Q2 25
$-19.7M
$1.7B
Q1 25
$-18.7M
Q4 24
$-42.7M
$6.8B
Q3 24
$-43.5M
Q2 24
$-49.9M
Q1 24
$-72.1M
Gross Margin
AMWL
AMWL
BABA
BABA
Q4 25
40.2%
Q3 25
39.2%
Q2 25
38.4%
Q1 25
Q4 24
42.0%
Q3 24
Q2 24
Q1 24
Operating Margin
AMWL
AMWL
BABA
BABA
Q4 25
-45.5%
6.6%
Q3 25
-52.1%
2.2%
Q2 25
-28.7%
12.0%
Q1 25
-45.5%
Q4 24
-60.2%
14.7%
Q3 24
-77.6%
Q2 24
-83.4%
Q1 24
-126.1%
Net Margin
AMWL
AMWL
BABA
BABA
Q4 25
-45.1%
5.8%
Q3 25
-57.5%
8.5%
Q2 25
-27.8%
5.3%
Q1 25
-28.0%
Q4 24
-60.1%
17.5%
Q3 24
-71.2%
Q2 24
-79.5%
Q1 24
-121.1%
EPS (diluted)
AMWL
AMWL
BABA
BABA
Q4 25
$-1.53
$6.64
Q3 25
$-2.00
$8.72
Q2 25
$-1.24
$5.20
Q1 25
$-1.19
Q4 24
$-2.71
$20.40
Q3 24
$-2.87
Q2 24
$-3.36
Q1 24
$-4.94

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AMWL
AMWL
BABA
BABA
Cash + ST InvestmentsLiquidity on hand
$182.3M
$18.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$235.6M
$148.7B
Total Assets
$323.8M
$268.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AMWL
AMWL
BABA
BABA
Q4 25
$182.3M
$18.3B
Q3 25
$200.9M
$19.0B
Q2 25
$219.1M
$20.0B
Q1 25
$222.4M
Q4 24
$228.3M
$22.3B
Q3 24
$244.6M
Q2 24
$276.9M
Q1 24
$308.6M
Stockholders' Equity
AMWL
AMWL
BABA
BABA
Q4 25
$235.6M
$148.7B
Q3 25
$254.9M
$145.0B
Q2 25
$282.6M
$139.2B
Q1 25
$294.0M
Q4 24
$304.8M
$137.2B
Q3 24
$336.7M
Q2 24
$363.9M
Q1 24
$408.7M
Total Assets
AMWL
AMWL
BABA
BABA
Q4 25
$323.8M
$268.6B
Q3 25
$359.4M
$264.6B
Q2 25
$388.7M
$248.6B
Q1 25
$419.5M
Q4 24
$436.0M
$254.1B
Q3 24
$483.0M
Q2 24
$507.8M
Q1 24
$548.4M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AMWL
AMWL
BABA
BABA
Operating Cash FlowLast quarter
$-17.4M
$5.2B
Free Cash FlowOCF − Capex
$-17.4M
FCF MarginFCF / Revenue
-31.4%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
2.31×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AMWL
AMWL
BABA
BABA
Q4 25
$-17.4M
$5.2B
Q3 25
$-18.8M
$1.4B
Q2 25
$-4.7M
$3.8B
Q1 25
$-25.1M
Q4 24
$-13.4M
$9.7B
Q3 24
$-32.4M
Q2 24
$-21.8M
Q1 24
$-59.8M
Free Cash Flow
AMWL
AMWL
BABA
BABA
Q4 25
$-17.4M
Q3 25
Q2 25
Q1 25
$-25.1M
Q4 24
$-13.4M
Q3 24
$-32.4M
Q2 24
$-21.8M
Q1 24
$-59.8M
FCF Margin
AMWL
AMWL
BABA
BABA
Q4 25
-31.4%
Q3 25
Q2 25
Q1 25
-37.6%
Q4 24
-18.9%
Q3 24
-53.0%
Q2 24
-34.7%
Q1 24
-100.5%
Capex Intensity
AMWL
AMWL
BABA
BABA
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.0%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.1%
Cash Conversion
AMWL
AMWL
BABA
BABA
Q4 25
2.31×
Q3 25
0.49×
Q2 25
2.19×
Q1 25
Q4 24
1.43×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AMWL
AMWL

Platform Subscription$28.8M52%
Visits$23.7M43%
Others$2.8M5%

BABA
BABA

Alibaba China E-commerce Group$22.8B59%
All others$9.6B25%
Cloud Intelligence Group$6.2B16%

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