Baidu, Inc. (BIDU)
NASDAQ: BIDU · Real-Time Price · USD
109.33
-1.78 (-1.60%)
At close: Aug 6, 2026, 4:00 PM EDT
109.26
-0.07 (-0.06%)
After-hours: Aug 6, 2026, 7:59 PM EDT
Baidu Financials Overview
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 128,702 | 129,079 | 133,125 | 134,598 | 123,675 | 124,493 |
Revenue Growth | -4.00% | -3.04% | -1.09% | 8.83% | -0.66% | 16.27% |
Gross Profit Gross Profit Growth | 54,164 | 56,643 | 67,023 | 69,567 | 59,740 | 60,179 |
Operating Income Operating Income Growth | -7,138 | -5,823 | 21,270 | 21,856 | 15,911 | 10,518 |
Net Income Net Income Growth | 1,317 | 5,589 | 23,760 | 20,315 | 7,559 | 10,226 |
Earnings Per Share EPS Growth | -1.04 | 11.76 | 65.92 | 55.12 | 19.84 | 28.08 |
EPS Growth | - | -82.16% | 19.59% | 177.82% | -29.34% | -56.77% |
| Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Online Marketing Services Online Marketing Services Growth | - | 72,972 | 75,112 | 69,522 | 73,919 |
Cloud Services Cloud Services Growth | - | 21,860 | 18,718 | 17,721 | 15,070 |
Other Baidu Core Other Baidu Core Growth | - | 9,880 | 9,635 | 8,188 | 6,174 |
Membership Services Membership Services Growth | - | 17,763 | 20,314 | 17,711 | 16,714 |
Online Advertising Services Online Advertising Services Growth | - | 5,714 | 6,224 | 5,332 | 7,067 |
Content Distribution Content Distribution Growth | - | 2,847 | 2,459 | 2,562 | 3,007 |
Other iQIYI Other iQIYI Growth | - | 2,901 | 2,876 | 3,393 | 3,766 |
Revenue (Total) Revenue (Total) Growth | 128,702 | 133,125 | 134,598 | 123,675 | 124,493 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 116,890 | 115,267 | 127,440 | 193,901 | 173,995 | 180,093 |
Total Debt Total Debt Growth | 94,136 | 97,077 | 79,324 | 84,595 | 91,354 | 91,507 |
Net Cash (Debt) Net Cash Growth | 22,754 | 18,190 | 48,116 | 109,306 | 82,641 | 88,586 |
Net Cash Growth | -42.71% | -62.20% | -55.98% | 32.27% | -6.71% | 11.30% |
Net Cash Per Share Net Cash Per Share Growth | 66.40 | 53.03 | 137.57 | 308.23 | 235.36 | 251.84 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 5,658 | -3,013 | 21,234 | 36,615 | 26,170 | 20,122 |
Capital Expenditures CapEx Growth | - | -12,073 | -8,134 | -11,190 | -8,286 | -10,896 |
Free Cash Flow Free Cash Flow Growth | 5,658 | -15,086 | 13,100 | 25,425 | 17,884 | 9,226 |
Free Cash Flow Growth | -37.22% | - | -48.48% | 42.17% | 93.84% | -51.74% |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 42.08% | 43.88% | 50.35% | 51.69% | 48.30% | 48.34% |
Operating Margin | -5.55% | -4.51% | 15.98% | 16.24% | 12.87% | 8.45% |
Pretax Margin | 1.20% | 5.20% | 21.50% | 18.72% | 8.18% | 8.66% |
Profit Margin | 0.72% | 4.23% | 18.16% | 16.01% | 6.09% | 6.10% |
FCF Margin | 4.40% | -11.69% | 9.84% | 18.89% | 14.46% | 7.41% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 7, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 654.16 | 77.73 | 9.34 | 15.29 | 39.77 | 33.68 |
Forward PE | 15.00 | 18.01 | 9.62 | 11.30 | 12.72 | 17.34 |
P/FCF Ratio | - | - | 129.82 | 93.01 | 123.38 | 283.35 |
PS Ratio | 1.99 | 2.41 | 12.78 | 17.57 | 17.84 | 21.00 |