BABA(BABA) - 2026 Q3 - Earnings Call Presentation

December Quarter 2025 Results March 19, 2026 Disclaimer On AI + Cloud Businesses, Note: (1) Excluding revenue from the disposed businesses of Sun Art and Intime on a like-for-like basis. This presentation contains certain financial measures that are not recognized under generally accepted accounting principles in the United States ("GAAP"), including but not limited to adjusted EBITDA (including adjusted EBITDA margin), adjusted EBITA (including adjusted EBITA margin), non-GAAP net income, non-GAAP diluted ...