Alibaba's (HKG:9988) attributable profit soared 106% in the fiscal fourth quarter on the effects of its investments, especially in the cloud intelligence segment.

Attributable net income rose 106% to about 25.5 billion yuan in the fourth fiscal quarter ended March 31 from 12.38 billion yuan a year prior, according to a Wednesday disclosure to the Hong Kong bourse.

Earnings per share at the Chinese e-commerce and tech giant increased 101% year over year to 1.30 yuan from 0.65 yuan.

Revenue edged up 3% to 243.4 billion yuan from 236.5 billion yuan in the year-ago period.

The top line from its cloud intelligence group jumped 38% year over year to 41.6 billion yuan, while revenue from external customers jumped 40% on public cloud revenue growth and AI-related products.

"Our strategic investments continued to translate into business growth," Alibaba Chief Financial Officer Toby Xu said in a statement, adding AI-related product revenue surged in triple digits for the 11th straight month.

The rise of its cloud intelligence revenue is also attributable to Alibaba's full-stack AI investments that have progressed from incubation to commercialization, CEO Eddie Wu said.

Revenue from the quick commerce segment surged 57% to 20 billion yuan from 12.7 billion yuan a year earlier, thanks to the rollout of its Taobao Instant Commerce product at the end of April 2025.

The China commerce wholesale operations saw a top line of 5.94 billion yuan, up 3% from 5.79 billion yuan due to higher revenue from its value-added services.

For the fiscal year ended March 31, 2026, attributable net income slipped 18% year over year to 105.9 billion yuan from 129.5 billion yuan. Revenue jumped 3% to 1.024 trillion yuan from 996.4 billion yuan previously.

The company's board approved a cash dividend of $0.13125 per ordinary share or $1.05 per American depositary share for the fiscal year 2026, payable to shareholders of record on June 11.