Baidu, Inc. (BIDU)
NASDAQ: BIDU · Real-Time Price · USD
91.17
-12.95 (-12.44%)
Aug 18, 2026, 3:55 PM EDT - Market open
Baidu Income Statement
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 | Jun '26 Jun 30, 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 Revenue | 127,314 | 129,079 | 133,125 | 134,598 | 74,711 | 80,695 |
Other Revenue | - | - | - | - | 48,964 | 43,798 |
| 127,314 | 129,079 | 133,125 | 134,598 | 123,675 | 124,493 | |
Revenue Growth | -4.16% | -3.04% | -1.09% | 8.83% | -0.66% | 16.27% |
Cost of Revenue | 75,279 | 72,436 | 66,102 | 65,031 | 63,867 | 64,153 |
Gross Profit | 52,035 | 56,643 | 67,023 | 69,567 | 59,808 | 60,340 |
Selling, General & Admin | 23,478 | 25,843 | 23,620 | 23,519 | 20,514 | 24,723 |
Research & Development | 19,758 | 20,433 | 22,133 | 24,192 | 23,315 | 24,938 |
Operating Expenses | 43,236 | 46,276 | 45,753 | 47,711 | 43,829 | 49,661 |
Operating Income | 8,799 | 10,367 | 21,270 | 21,856 | 15,979 | 10,679 |
Interest Expense | -2,526 | -2,784 | -2,824 | -3,248 | -2,913 | -3,421 |
Interest & Investment Income | 7,629 | 8,602 | 7,962 | 8,009 | 6,245 | 5,551 |
Earnings From Equity Investments | 2,821 | 3,196 | -691 | -3,799 | -1,910 | -932 |
Currency Exchange Gain (Loss) | -3,560 | -2,242 | 1,076 | 595 | -1,484 | 100 |
Other Non Operating Income (Expenses) | -102 | 6,030 | 2,121 | 2,538 | -3,281 | 121 |
EBT Excluding Unusual Items | 13,061 | 23,169 | 28,914 | 25,951 | 12,636 | 12,098 |
Gain (Loss) on Sale of Investments | -263 | -263 | -292 | -753 | -2,456 | -1,159 |
Asset Writedown | -16,190 | -16,190 | - | - | -68 | -161 |
Pretax Income | -3,392 | 6,716 | 28,622 | 25,198 | 10,112 | 10,778 |
Income Tax Expense | 729 | 1,259 | 4,447 | 3,649 | 2,578 | 3,187 |
Earnings From Continuing Operations | -4,121 | 5,457 | 24,175 | 21,549 | 7,534 | 7,591 |
Minority Interest in Earnings | 435 | 132 | -415 | -1,234 | 25 | 2,635 |
Net Income | -3,686 | 5,589 | 23,760 | 20,315 | 7,559 | 10,226 |
Preferred Dividends & Other Adjustments | 926 | 926 | 588 | 717 | 591 | 350 |
Net Income to Common | -4,612 | 4,663 | 23,172 | 19,598 | 6,968 | 9,876 |
Net Income Growth | - | -79.88% | 18.24% | 181.26% | -29.45% | -55.88% |
Shares Outstanding (Basic) | 340 | 341 | 349 | 351 | 348 | 345 |
Shares Outstanding (Diluted) | 340 | 343 | 350 | 355 | 351 | 352 |
Shares Change | -1.74% | -1.93% | -1.38% | 1.00% | -0.18% | 2.10% |
EPS (Basic) | -13.57 | 13.68 | 66.44 | 55.85 | 20.04 | 28.65 |
EPS (Diluted) | -15.75 | 11.79 | 65.95 | 55.14 | 19.84 | 28.08 |
EPS Growth | - | -82.13% | 19.61% | 177.92% | -29.34% | -56.77% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | - | -15,086 | 13,100 | 25,425 | 17,884 | 9,226 |
Free Cash Flow Per Share | - | -43.98 | 37.45 | 71.69 | 50.93 | 26.23 |
Gross Margin | 40.87% | 43.88% | 50.35% | 51.69% | 48.36% | 48.47% |
Operating Margin | 6.91% | 8.03% | 15.98% | 16.24% | 12.92% | 8.58% |
Profit Margin | -3.62% | 3.61% | 17.41% | 14.56% | 5.63% | 7.93% |
Free Cash Flow Margin | - | -11.69% | 9.84% | 18.89% | 14.46% | 7.41% |
EBITDA | 23,397 | 24,653 | 35,898 | 36,853 | 30,704 | 27,117 |
EBITDA Margin | 18.38% | 19.10% | 26.97% | 27.38% | 24.83% | 21.78% |
D&A For EBITDA | 14,598 | 14,286 | 14,628 | 14,997 | 14,725 | 16,438 |
EBIT | 8,799 | 10,367 | 21,270 | 21,856 | 15,979 | 10,679 |
EBIT Margin | 6.91% | 8.03% | 15.98% | 16.24% | 12.92% | 8.58% |
Effective Tax Rate | - | 18.75% | 15.54% | 14.48% | 25.49% | 29.57% |
Revenue as Reported | - | - | - | - | 123,675 | 124,493 |