The chart above displays the net income of Alibaba group from 2015 to 2022 in millions of US dollars.
In fiscal 2022, Alibaba group experienced 19% growth in its annual net revenue compared to the prior year. The company generated $134.6 billion in net revenue in 2022 compared to $109.5 billion in 2021. However, its net income declined in 2022 compared to the prior year, falling to $7,427 million compared to $21,869 million in the prior year.
| Year | Net Income (RMB Million) | Net Income ($ million) |
| 2022 | ¥47,079 | $7,427 |
| 2021 | ¥143,284 | $21,869 |
| 2020 | ¥140,350 | $19,821 |
| 2019 | ¥80,234 | $11,955 |
| 2018 | ¥61,412 | $9,791 |
| 2017 | ¥41,226 | $ 5,989 |
| 2016 | ¥71,289 | $11,056 |
| 2015 | ¥24,320 | $ 3,923 |
| 2014 | ¥23,403 | |
| 2013 | ¥8,649 | |
| 2012 | ¥4,665 | |
| 2011 | ¥1,608 |
The net income of the Alibaba group in 2021 increased to $21,869 million or ¥143,284 million compared to $19,821 million in 2020 or ¥140,350 million. From 2020 to 2021, the net revenues of the company grew by 41%.
In FY 2019, the net income of Alibaba group climbed to ¥80,234 million or $11,955 million. Its net income in FY 2018 was ¥61,412 million or $9,791 million. There was an increase of 31% in the net income of Alibaba group in the FY 2019 compared to the previous fiscal year.