Baidu, Inc. (BIDU)
NASDAQ: BIDU · Real-Time Price · USD
111.76
+0.15 (0.13%)
At close: Jun 18, 2026, 4:00 PM EDT
112.46
+0.70 (0.63%)
After-hours: Jun 18, 2026, 7:51 PM EDT
Baidu Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 32,075 | 32,740 | 31,174 | 32,713 | 32,452 | 34,124 | 33,557 | 33,931 | 31,513 | 34,951 | 34,447 | 34,056 | 31,144 | 33,077 | 32,540 | 29,647 | 28,411 | 33,088 | 31,921 | 31,350 | |
Revenue Growth (YoY) | -1.16% | -4.06% | -7.10% | -3.59% | 2.98% | -2.37% | -2.58% | -0.37% | 1.19% | 5.67% | 5.86% | 14.87% | 9.62% | -0.03% | 1.94% | -5.43% | 0.98% | 9.34% | 13.07% | 20.42% |
Cost of Revenue | 19,589 | 18,277 | 18,315 | 18,357 | 17,487 | 18,014 | 16,399 | 16,398 | 15,291 | 17,418 | 16,294 | 16,167 | 15,152 | 16,945 | 16,273 | 15,171 | 15,546 | 17,289 | 16,126 | 15,897 |
Gross Profit | 12,486 | 14,463 | 12,859 | 14,356 | 14,965 | 16,110 | 17,158 | 17,533 | 16,222 | 17,533 | 18,153 | 17,889 | 15,992 | 16,132 | 16,267 | 14,476 | 12,865 | 15,799 | 15,795 | 15,453 |
Selling, General & Admin | 4,912 | 7,389 | 6,581 | 5,960 | 5,913 | 6,678 | 5,867 | 5,700 | 5,375 | 5,854 | 5,778 | 6,298 | 5,589 | 5,881 | 5,193 | 4,784 | 4,656 | 6,451 | 7,320 | 5,707 |
Research & Development | 4,381 | 5,591 | 5,179 | 5,119 | 4,544 | 5,515 | 5,366 | 5,889 | 5,363 | 6,287 | 6,101 | 6,381 | 5,423 | 5,658 | 5,757 | 6,292 | 5,608 | 7,390 | 6,167 | 6,283 |
Other Operating Expenses | - | - | 16,190 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Total Operating Expenses | 9,293 | 12,980 | 27,950 | 11,079 | 10,457 | 12,193 | 11,233 | 11,589 | 10,738 | 12,141 | 11,879 | 12,679 | 11,012 | 11,539 | 10,950 | 11,076 | 10,264 | 13,841 | 13,487 | 11,990 |
Operating Income | 3,193 | 1,483 | -15,091 | 3,277 | 4,508 | 3,917 | 5,925 | 5,944 | 5,484 | 5,392 | 6,274 | 5,210 | 4,980 | 4,593 | 5,317 | 3,400 | 2,601 | 1,958 | 2,308 | 3,463 |
Interest Income | 1,963 | 2,051 | 1,930 | 1,957 | 2,664 | 2,001 | 1,877 | 1,993 | 2,091 | 2,064 | 2,082 | 1,948 | 1,915 | 1,647 | 1,619 | 1,525 | 1,454 | 1,514 | 1,462 | 1,342 |
Interest Expense | -636 | -651 | -631 | -701 | -801 | -643 | -673 | -742 | -766 | -774 | -853 | -817 | -804 | -738 | -724 | -741 | -710 | -873 | -880 | -845 |
Other Non-Operating Income (Expense) | -701 | -157 | 647 | 3,607 | 2,624 | 1,302 | 1,471 | -480 | -79 | -3,817 | 676 | 238 | 1,484 | 872 | -5,665 | -633 | -3,705 | -234 | -22,076 | -2,927 |
Total Non-Operating Income (Expense) | 626 | 1,243 | 1,946 | 4,863 | 4,487 | 2,660 | 2,675 | 771 | 1,246 | -2,527 | 1,905 | 1,369 | 2,595 | 1,781 | -4,770 | 151 | -2,961 | 407 | -21,494 | -2,430 |
Pretax Income | 3,819 | 2,726 | -13,145 | 8,140 | 8,995 | 6,577 | 8,600 | 6,715 | 6,730 | 2,865 | 8,179 | 6,579 | 7,575 | 6,374 | 547 | 3,551 | -360 | 2,365 | -19,186 | 1,033 |
Provision for Income Taxes | 528 | 1,029 | 1,828 | 881 | 1,177 | 1,619 | 814 | 1,131 | 883 | 96 | 1,282 | 1,270 | 1,193 | 1,254 | 908 | 25 | 391 | 1,295 | 1,839 | 2,197 |
Net Income | 3,291 | 1,697 | -11,317 | 7,259 | 7,818 | 4,958 | 7,786 | 5,584 | 5,847 | 2,961 | 6,897 | 5,309 | 6,382 | 5,120 | -361 | 3,526 | -751 | 1,070 | -17,347 | -1,164 |
Minority Interest in Earnings | -154 | -85 | -85 | -63 | 101 | -234 | 154 | 96 | 399 | 362 | 216 | 99 | 557 | 167 | -215 | -111 | 134 | -645 | -788 | -581 |
Net Income to Common | 3,445 | 1,782 | -11,232 | 7,322 | 7,717 | 5,192 | 7,632 | 5,488 | 5,448 | 2,599 | 6,681 | 5,210 | 5,825 | 4,953 | -146 | 3,637 | -885 | 1,715 | -16,559 | -583 |
Net Income Growth | -55.36% | -65.68% | - | 33.42% | 41.65% | 99.77% | 14.23% | 5.34% | -6.47% | -47.53% | - | 43.25% | - | 188.81% | - | - | - | -66.85% | - | - |
Shares Outstanding (Basic) | 340 | 340 | 339 | 340 | 344 | 347 | 348 | 350 | 351 | 352 | 352 | 351 | 350 | 349 | 349 | 348 | 346 | 348 | 347 | 348 |
Shares Outstanding (Diluted) | 346 | 345 | 339 | 341 | 345 | 348 | 349 | 351 | 352 | 354 | 356 | 354 | 355 | 350 | 349 | 351 | 346 | 352 | 347 | 348 |
Shares Change (YoY) | 0.07% | -0.90% | -2.73% | -2.64% | -1.92% | -1.66% | -2.00% | -1.06% | -0.74% | 1.03% | 2.01% | 0.82% | 2.53% | -0.53% | 0.43% | 1.04% | -0.36% | 2.96% | 1.13% | 0.80% |
EPS (Basic) | 9.36 | 4.48 | -33.84 | 20.88 | 21.84 | 14.40 | 21.92 | 15.12 | 14.96 | 6.88 | 18.48 | 14.32 | 16.16 | 13.76 | -0.88 | 10.08 | -2.88 | 4.56 | -48.16 | -1.68 |
EPS (Diluted) | 8.80 | 3.68 | -33.84 | 20.32 | 21.60 | 14.24 | 21.60 | 15.04 | 14.88 | 6.80 | 18.24 | 14.16 | 15.92 | 13.60 | -0.88 | 10.00 | -2.88 | 4.48 | -48.16 | -1.68 |
EPS Growth | -59.26% | -74.16% | - | 35.11% | 45.16% | 109.41% | 18.42% | 6.21% | -6.53% | -50.00% | - | 41.60% | - | 203.57% | - | - | - | -70.21% | - | - |
Free Cash Flow | 2,670 | 2,609 | 1,256 | -877 | -6,001 | 2,356 | 4,279 | 8,379 | 6,220 | 10,618 | 9,525 | 10,632 | 5,840 | 7,853 | 8,739 | 7,706 | 1,872 | 4,714 | 3,355 | 7,936 |
Free Cash Flow Growth | - | 10.74% | -70.65% | - | - | -77.81% | -55.08% | -21.19% | 6.51% | 35.21% | 8.99% | 37.97% | 211.97% | 66.59% | 160.48% | -2.90% | -54.53% | -21.79% | -56.92% | -3.09% |
Free Cash Flow Per Share | 7.73 | 7.57 | 3.70 | -2.57 | -17.38 | 6.77 | 12.27 | 23.91 | 17.67 | 30.02 | 26.77 | 30.01 | 16.47 | 22.43 | 25.06 | 21.93 | 5.41 | 13.39 | 9.66 | 22.82 |
Gross Margin | 38.93% | 44.18% | 41.25% | 43.88% | 46.11% | 47.21% | 51.13% | 51.67% | 51.48% | 50.16% | 52.70% | 52.53% | 51.35% | 48.77% | 49.99% | 48.83% | 45.28% | 47.75% | 49.48% | 49.29% |
Operating Margin | 9.95% | 4.53% | -48.41% | 10.02% | 13.89% | 11.48% | 17.66% | 17.52% | 17.40% | 15.43% | 18.21% | 15.30% | 15.99% | 13.89% | 16.34% | 11.47% | 9.15% | 5.92% | 7.23% | 11.05% |
Profit Margin | 10.26% | 5.18% | -36.30% | 22.19% | 24.09% | 14.53% | 23.20% | 16.46% | 18.55% | 8.47% | 20.02% | 15.59% | 20.49% | 15.48% | -1.11% | 11.89% | -2.64% | 3.23% | -54.34% | -3.71% |
FCF Margin | 8.32% | 7.97% | 4.03% | -2.68% | -18.49% | 6.90% | 12.75% | 24.69% | 19.74% | 30.38% | 27.65% | 31.22% | 18.75% | 23.74% | 26.86% | 25.99% | 6.59% | 14.25% | 10.51% | 25.31% |
EBITDA | 3,193 | 1,483 | -15,091 | 3,277 | 4,508 | 3,917 | 5,925 | 5,944 | 5,484 | 5,392 | 6,274 | 5,210 | 4,980 | 4,593 | 5,317 | 3,400 | 2,601 | 1,958 | 2,308 | 3,463 |
EBIT | 3,193 | 1,483 | -15,091 | 3,277 | 4,508 | 3,917 | 5,925 | 5,944 | 5,484 | 5,392 | 6,274 | 5,210 | 4,980 | 4,593 | 5,317 | 3,400 | 2,601 | 1,958 | 2,308 | 3,463 |
EBIT Margin | 9.95% | 4.53% | -48.41% | 10.02% | 13.89% | 11.48% | 17.66% | 17.52% | 17.40% | 15.43% | 18.21% | 15.30% | 15.99% | 13.89% | 16.34% | 11.47% | 9.15% | 5.92% | 7.23% | 11.05% |
Effective Tax Rate | 13.83% | 37.75% | -13.91% | 10.82% | 13.08% | 24.62% | 9.47% | 16.84% | 13.12% | 3.35% | 15.67% | 19.30% | 15.75% | 19.67% | 166.00% | 0.70% | -108.61% | 54.76% | -9.59% | 212.68% |