As of Q2'26 (2025-09-30), Alibaba's diluted EPS stands at 8.72 USD, reflecting a year-over-year decline of -51.77%. This marks a significant drop from the previous quarter's EPS of 18 USD and a YoY growth rate of 81.45% in Q1'26. Over the period from Q3'23 to Q2'26, Alibaba's diluted EPS has exhibited considerable volatility, with notable peaks in Q3'25 (20.4 USD) and Q1'26 (18 USD), interspersed with sharp declines such as in Q4'24 (1.52 USD) and Q4'25 (5.28 USD). The YoY EPS growth rate has fluctuated dramatically, ranging from strong positive growth above 200% in several quarters to steep negative growth in others, indicating an unstable earnings trend and significant earnings variability across quarters.