06:05 AM EDT, 03/19/2026 (MT Newswires) -- Alibaba Group ( BABA ) reported fiscal Q3 non-GAAP earnings Thursday of 7.09 renminbi ($1.01) per diluted American depositary share, down from 21.39 renminbi a year earlier.

Analysts polled by FactSet expected 11.51 renminbi.

Revenue for the quarter ended Dec. 31 was 284.84 billion renminbi, compared with 280.15 billion renminbi a year earlier.

Analysts surveyed by FactSet expected 289.29 billion renminbi.

The company's shares were down 4% in recent Thursday premarket activity.