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Alibaba vs Home Depot: revenue, profit, margins and growth compared

Alibaba brought in $148.4B of revenue in fiscal 2026, Home Depot $164.7B in fiscal 2025. Revenue changed by +8.1% at Alibaba and +3.2% at Home Depot on the year before, so Alibaba grew faster. Alibaba kept 10.1% of its revenue as net profit, Home Depot 8.6%.

Side by side, latest fiscal year

BABAHD
Fiscal year endedFY2026 (March 31, 2026)FY2025 (February 1, 2026)
Revenue$148.4B$164.7B
Revenue growth+8.1%+3.2%
Net income$15B$14.2B
Net margin10.1%8.6%
Free cash flown/a$12.6B
Free cash flow marginn/a7.7%
Earnings per share (diluted)$0.80$14.23
Cash$19.1B$1.4B
Debtn/a$49.4B
Price to earningsn/a20.6
Market value$256.1B$292.4B
Dividend yieldn/a3.14%
Rank by revenue in sector#5 of 955 · Consumer discretionary#4 of 955 · Consumer discretionary

Over the years

Revenue
BABA FY2019: $56.2BBABA FY2020: $72BBABA FY2021: $109.5BBABA FY2022: $134.6BBABA FY2023: $126.5BBABA FY2024: $130.4BBABA FY2025: $137.3BBABA FY2026: $148.4BHD FY2018: $108.2BHD FY2019: $110.2BHD FY2020: $132.1BHD FY2021: $151.2BHD FY2022: $157.4BHD FY2023: $152.7BHD FY2024: $159.5BHD FY2025: $164.7BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BABA $148.4BHD $164.7B
Net income
BABA FY2019: $13.1BBABA FY2020: $21.1BBABA FY2021: $23BBABA FY2022: $9.8BBABA FY2023: $10.6BBABA FY2024: $11.1BBABA FY2025: $17.9BBABA FY2026: $15BHD FY2018: $11.1BHD FY2019: $11.2BHD FY2020: $12.9BHD FY2021: $16.4BHD FY2022: $17.1BHD FY2023: $15.1BHD FY2024: $14.8BHD FY2025: $14.2BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BABA $15BHD $14.2B
Net margin
BABA FY2019: 23.3%BABA FY2020: 29.3%BABA FY2021: 21.0%BABA FY2022: 7.3%BABA FY2023: 8.4%BABA FY2024: 8.5%BABA FY2025: 13.1%BABA FY2026: 10.1%HD FY2018: 10.3%HD FY2019: 10.2%HD FY2020: 9.7%HD FY2021: 10.9%HD FY2022: 10.9%HD FY2023: 9.9%HD FY2024: 9.3%HD FY2025: 8.6%FY18FY19FY20FY21FY22FY23FY24FY25FY26
BABA 10.1%HD 8.6%
Revenue growth
BABA FY2020: +28.2%BABA FY2021: +52.1%BABA FY2022: +22.9%BABA FY2023: -6.0%BABA FY2024: +3.1%BABA FY2025: +5.3%BABA FY2026: +8.1%HD FY2019: +1.9%HD FY2020: +19.9%HD FY2021: +14.4%HD FY2022: +4.1%HD FY2023: -3.0%HD FY2024: +4.5%HD FY2025: +3.2%FY19FY20FY21FY22FY23FY24FY25FY26
BABA +8.1%HD +3.2%
Free cash flow
HD FY2018: $10.7BHD FY2019: $11BHD FY2020: $16.4BHD FY2021: $14BHD FY2022: $11.5BHD FY2023: $17.9BHD FY2024: $16.3BHD FY2025: $12.6BFY18FY19FY20FY21FY22FY23FY24FY25
BABAHD $12.6B

Fiscal years as each company reports them; the two may end in different months.

Questions about Alibaba and Home Depot

Which is bigger by revenue, Alibaba or Home Depot?

Home Depot is bigger by revenue: $164.7B in fiscal 2025, against $148.4B for Alibaba in fiscal 2026.

Which keeps more of its revenue as profit, Alibaba or Home Depot?

Alibaba had a net margin of 10.1% in fiscal 2026; Home Depot had 8.6% in fiscal 2025.

Which grew revenue faster, Alibaba or Home Depot?

In their latest fiscal years revenue changed by +8.1% at Alibaba and +3.2% at Home Depot.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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