As of Q2'26 (2025-09-30), Alibaba's latest Revenue Surprise % stands at -16.72%, indicating a significant shortfall relative to analyst expectations for the most recent quarter. Meanwhile, the Revenue Growth (YoY) for the same period is 4.77%, reflecting continued but modest year-over-year expansion. Over the period from Q3'23 (2022-12-31) to Q2'26 (2025-09-30), Alibaba's Revenue Surprise % has shown considerable volatility, with several quarters of both positive and negative surprises. Notably, there were substantial negative surprises in Q4'25 (-9.86%) and Q2'26 (-16.72%), while positive surprises were observed in Q1'24 (2.54%) and Q2'25 (1.29%). Revenue Growth (YoY) peaked at 13.91% in Q1'24 and has since moderated, generally trending downward but remaining positive throughout the period, suggesting that while growth persists, it has decelerated and is accompanied by increasing variability in revenue performance versus expectations.