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Side-by-side financial comparison of Alibaba Group Holding Ltd (BABA) and Spotify Technology S.A. (SPOT). Click either name above to swap in a different company.

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...

Spotify is a Swedish audio streaming and media service provider founded in April 2006 by Daniel Ek and Martin Lorentzon. As of December 2025, it was one of the largest providers of music streaming services, with over 751 million monthly active users comprising 290 million paying subscribers. Spotify is listed on the New York Stock Exchange in the form of American depositary receipts.

8-Quarter Revenue & Profit Trend

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

Revenue
BABA
BABA
SPOT
SPOT
Q4 25
$38.8B
Q3 25
$34.2B
Q2 25
$32.6B
Q4 24
$38.7B
Net Profit
BABA
BABA
SPOT
SPOT
Q4 25
$2.2B
Q3 25
$2.9B
Q2 25
$1.7B
Q4 24
$6.8B
Gross Margin
BABA
BABA
SPOT
SPOT
Q4 25
40.2%
Q3 25
39.2%
Q2 25
38.4%
Q4 24
42.0%
Operating Margin
BABA
BABA
SPOT
SPOT
Q4 25
6.6%
Q3 25
2.2%
Q2 25
12.0%
Q4 24
14.7%
Net Margin
BABA
BABA
SPOT
SPOT
Q4 25
5.8%
Q3 25
8.5%
Q2 25
5.3%
Q4 24
17.5%
EPS (diluted)
BABA
BABA
SPOT
SPOT
Q4 25
$6.64
Q3 25
$8.72
Q2 25
$5.20
Q4 24
$20.40

Financial Flow Comparison

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

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