Baidu Balance Sheet

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
Cash & Equivalents	29,948	24,606	38,620	29,940	49,202	24,832	28,682	43,534	30,418	25,231	34,908	42,060	23,638	53,156	55,164	42,533	36,832	36,850	40,701	42,896
Short-Term Investments	86,942	90,661	86,195	93,926	92,567	102,608	104,129	106,821	149,781	168,670	156,359	148,095	159,127	120,839	118,148	135,753	143,172	143,243	143,127	126,387
Cash & Short-Term Investments	116,890	115,267	124,815	123,866	141,769	127,440	132,811	150,355	180,199	193,901	191,267	190,155	182,765	173,995	173,312	178,286	180,004	180,093	183,828	169,283
Cash Growth	-17.55%	-9.55%	-6.02%	-17.62%	-21.33%	-34.28%	-30.56%	-20.93%	-1.40%	11.44%	10.36%	6.66%	1.53%	-3.39%	-5.72%	5.32%	10.88%	11.04%	26.52%	10.99%
Accounts Receivable	14,167	12,972	11,784	11,568	11,078	10,104	9,848	11,112	10,935	10,848	10,712	11,624	10,798	11,733	10,677	10,034	9,671	9,981	8,704	9,197
Other Receivables	781	761	738	758	743	790	1,379	1,396	1,173	1,424	4,962	4,806	5,211	5,432	3,880	1,009	903	1,368	947	866
Total Trade Receivables	14,948	13,733	12,522	12,326	11,821	10,894	11,227	12,508	12,108	12,272	15,674	16,430	16,009	17,165	14,557	11,043	10,574	11,349	9,651	10,063
Other Current Assets	23,451	22,970	20,957	21,026	22,239	30,515	28,080	24,403	25,171	24,082	23,476	22,189	30,431	21,690	21,051	20,183	20,925	21,873	21,915	20,588
Total Current Assets	155,289	151,970	158,294	157,218	175,829	168,849	172,118	187,266	217,478	230,255	230,417	228,774	229,205	212,850	208,920	209,512	211,503	213,315	215,394	199,934
Net Property, Plant & Equipment	35,398	34,891	33,822	43,138	41,894	41,000	40,389	40,073	38,849	38,811	36,993	34,758	33,158	34,338	35,029	33,830	33,902	35,092	31,213	28,612
Other Intangible Assets	25,085	24,429	23,846	24,404	23,447	22,397	21,924	22,046	21,406	21,225	20,630	20,249	20,487	21,097	21,312	20,820	20,684	19,898	18,660	17,273
Goodwill	36,783	36,783	37,637	37,637	37,637	22,586	22,586	22,586	22,586	22,586	22,586	22,586	22,589	22,477	22,602	22,602	22,605	22,605	22,605	22,592
Long-Term Investments	159,334	168,780	158,453	155,226	149,682	140,256	133,184	118,690	92,354	72,623	77,813	77,300	74,139	78,926	77,676	74,321	64,247	67,332	74,012	101,310
Other Long-Term Assets	37,677	32,304	32,020	32,946	25,493	32,692	27,115	24,866	22,024	21,259	22,595	22,655	21,401	21,285	23,494	24,034	22,692	21,792	22,472	19,566
Total Assets	449,566	449,157	444,072	450,569	453,982	427,780	417,316	415,527	414,697	406,759	411,034	406,322	400,979	390,973	389,033	385,119	375,633	380,034	384,356	389,287
Accounts Payable	39,479	38,891	36,662	38,208	38,770	41,443	39,000	37,988	36,739	37,717	37,184	36,046	34,043	38,014	38,689	35,783	35,693	41,384	40,461	38,276
Short-Term Debt	3,979	7,626	6,695	7,048	7,724	10,669	11,969	12,514	13,716	10,257	11,735	8,479	6,833	5,343	4,977	4,100	4,442	4,168	3,990	3,025
Current Portion of Long-Term Debt	21,545	20,784	20,950	21,159	10,679	8,436	7,768	10,907	9,014	8,833	9,294	13,464	15,131	15,209	20,965	19,065	10,457	10,507	11,260	5,692
Current Portion of Leases	3,398	3,457	3,326	3,442	3,488	3,303	3,123	3,196	3,114	3,108	2,953	2,916	2,797	2,809	2,811	2,757	2,804	2,862	2,756	2,495
Unearned Revenue	13,488	13,582	13,726	13,632	14,520	15,308	14,610	14,329	13,873	14,933	15,194	14,726	14,055	13,188	14,054	13,107	13,240	13,803	13,624	13,508
Other Current Liabilities	1,960	1,988	1,653	1,636	1,683	1,794	1,959	1,831	1,475	1,603	5,241	5,067	5,211	5,067	3,482	1,388	1,553	1,764	1,824	1,802
Total Current Liabilities	83,849	86,328	83,012	85,125	76,864	80,953	78,429	80,765	77,931	76,451	81,601	80,698	78,070	79,630	84,978	76,200	68,189	74,488	73,915	64,798
Long-Term Debt	61,273	61,102	62,113	55,551	75,049	51,943	49,585	51,127	58,667	57,357	58,682	61,613	65,016	63,183	61,571	64,634	68,728	68,401	73,877	73,291
Long-Term Leases	3,941	4,108	4,153	4,643	5,113	4,973	4,911	5,056	4,886	5,040	4,830	4,794	4,650	4,810	5,165	4,957	5,149	5,569	4,900	4,696
Other Long-Term Liabilities	8,155	7,893	7,195	7,338	6,882	6,299	5,200	5,641	5,450	5,303	5,211	5,763	5,667	5,545	6,527	8,591	8,337	7,624	7,103	7,174
Total Long-Term Liabilities	73,369	73,103	73,461	67,532	87,044	63,215	59,696	61,824	69,003	67,700	68,723	72,170	75,333	73,538	73,263	78,182	82,214	81,594	85,880	85,161
Total Liabilities	157,218	159,431	156,473	152,657	163,908	144,168	138,125	142,589	146,934	144,151	150,324	152,868	153,403	153,168	158,241	154,382	150,403	156,082	159,795	149,959
Treasury Stock	-	-4,693	-	-	-	-6,236	-	-	-	-3,818	-	-	-	-5,264	-	-	-	-7,581	-	-
Additional Paid-in Capital	-	94,979	-	-	-	91,586	-	-	-	87,099	-	-	-	79,855	-	-	-	73,888	-	-
Accumulated Other Comprehensive Income	-	-1,650	-	-	-	-1,803	-	-	-	-895	-	-	-	546	-	-	-	-8	-	-
Retained Earnings	-	177,694	-	-	-	180,073	-	-	-	161,240	-	-	-	148,341	-	-	-	145,160	-	-
Total Common Shareholders' Equity	268,886	266,330	264,528	275,057	269,747	263,620	259,649	252,769	248,007	243,626	242,427	235,643	230,095	223,478	217,236	217,113	212,170	211,459	211,378	228,907
Minority Interest	23,462	23,396	23,071	22,855	20,327	19,992	19,542	20,169	19,756	18,982	18,283	17,811	17,481	14,327	13,556	13,624	13,060	12,493	13,183	10,421
Shareholders' Equity	292,348	289,726	287,599	297,912	290,074	283,612	279,191	272,938	267,763	262,608	260,710	253,454	247,576	237,805	230,792	230,737	225,230	223,952	224,561	239,328
Total Liabilities & Equity	449,566	449,157	444,072	450,569	453,982	427,780	417,316	415,527	414,697	406,759	411,034	406,322	400,979	390,973	389,033	385,119	375,633	380,034	384,356	389,287
Total Debt	94,136	97,077	97,237	91,843	102,053	79,324	77,356	82,800	89,397	84,595	87,494	91,266	94,427	91,354	95,489	95,513	91,580	91,507	96,783	89,199
Net Cash (Debt)	22,754	18,190	27,578	32,023	39,716	48,116	55,455	67,555	90,802	109,306	103,773	98,889	88,338	82,641	77,823	82,773	88,424	88,586	87,045	80,084
Net Cash Growth	-42.71%	-62.20%	-50.27%	-52.60%	-56.26%	-55.98%	-46.56%	-31.69%	2.79%	32.27%	33.34%	19.47%	-0.10%	-6.71%	-10.60%	3.36%	11.00%	11.30%	28.21%	6.28%
Net Cash Per Share	65.86	52.76	81.32	93.84	115.03	138.31	159.07	192.74	257.96	308.99	291.70	279.15	249.10	236.03	223.15	235.57	255.65	251.66	250.67	230.29
Book Value	268,886	266,330	264,528	275,057	269,747	263,620	259,649	252,769	248,007	243,626	242,427	235,643	230,095	223,478	217,236	217,113	212,170	211,459	211,378	228,907
Book Value Per Share	778.25	772.53	780.03	806.03	781.31	757.80	744.78	721.17	704.57	688.70	681.45	665.19	648.84	638.28	622.90	617.89	613.43	600.74	608.72	658.25
Tangible Book Value	207,018	205,118	203,045	213,016	208,663	218,637	215,139	208,137	204,015	199,815	199,211	192,808	187,019	179,904	173,322	173,691	168,881	168,956	170,113	189,042
Tangible Book Value Per Share	599.18	594.98	598.73	624.22	604.38	628.49	617.11	593.83	579.59	564.85	559.98	544.27	527.37	513.83	496.98	494.32	488.27	479.99	489.89	543.62

SEC Filings: 10-K · 10-Q