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Baidu, Inc. (BIDU)
NASDAQ: BIDU · Real-Time Price · USD
95.28
-1.84 (-1.89%)
At close: Aug 31, 2026, 4:00 PM EDT
95.40
+0.12 (0.13%)
After-hours: Aug 31, 2026, 7:59 PM EDT

Baidu Financials Overview

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
31,32532,07532,74031,17432,71332,45234,12433,55733,93131,51334,95134,44734,05631,14433,07732,54029,64728,41133,08831,921
Revenue Growth
-4.24%-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%
Gross Profit
12,22712,48614,46312,85914,35614,96516,11017,15817,53316,22217,78618,15317,88915,99216,20016,26714,47612,86515,80515,795
Operating Income
3,0243,1931,4831,0993,2774,5083,9175,9255,9445,4845,6456,2745,2104,9804,6615,3173,4002,6011,9642,308
Net Income
2,3193,445856-11,2327,3227,7174,6047,6325,4885,4481,8826,6815,2105,8254,362-1463,637-8851,365-16,559
Earnings Per Share
5.768.802.52-33.8420.3221.6013.2721.6015.0414.885.3518.2414.1615.9212.51-0.8810.00-2.883.93-48.16
EPS Growth
-71.65%-59.26%-81.04%-35.11%45.16%147.90%18.42%6.21%-6.53%-57.21%-41.60%-218.53%----73.93%-

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Total Baidu Core
25,18326,00126,11224,65926,25125,46327,69826,52426,68723,80327,48826,57226,40722,99825,65425,23923,16021,37825,97824,661
Total iQIYI
6,2876,2266,7946,6826,6287,1866,6137,2467,4397,9277,7078,0157,8028,3497,5937,4716,6577,2777,3897,589
Revenue (Total)
31,32532,07532,74031,17432,71332,45234,12433,55733,93131,51334,95134,44734,05631,14433,07732,54029,64728,41133,08831,921

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
166,251116,890115,267124,815123,866141,769127,440132,811150,355180,199194,287191,267190,155182,765174,374173,312178,286180,004180,467183,828
Total Debt
112,89794,13697,07797,23791,843102,05379,32477,35682,80089,39784,59587,49491,26694,42791,35495,48995,51391,58091,50796,783
Net Cash (Debt)
53,35422,75418,19027,57832,02339,71648,11655,45567,55590,802109,692103,77398,88988,33883,02077,82382,77388,42488,96087,045
Net Cash Growth
66.61%-42.71%-62.20%-50.27%-52.60%-56.26%-56.14%-46.56%-31.69%2.79%32.13%33.34%19.47%-0.10%-6.68%-10.60%3.36%11.00%11.16%28.21%
Net Cash Per Share
154.9365.8652.7681.3293.84115.04138.31159.07192.74257.96310.08291.70279.15249.10237.12223.15235.57255.65252.73250.67

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
-2,6702,6091,256-877-6,0012,3564,2798,3796,22010,6189,52510,6325,8407,8538,7397,7061,8724,7143,355
Capital Expenditures
--5,916-1,972-3,401-3,800-2,900-2,333-1,645-2,118-2,038-3,660-3,529-2,706-1,295-1,929-2,188-2,190-1,979-4,237-2,664
Free Cash Flow
--3,246637-2,145-4,677-8,901232,6346,2614,1826,9585,9967,9264,5455,9246,5515,516-107477691
Free Cash Flow Growth
--2669.57%----99.67%-56.07%-21.01%-7.99%17.45%-8.47%43.69%-1141.93%848.05%1.40%---

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
39.03%38.93%44.17%41.25%43.89%46.11%47.21%51.13%51.67%51.48%50.89%52.70%52.53%51.35%48.98%49.99%48.83%45.28%47.77%49.48%
Operating Margin
9.65%9.96%4.53%3.52%10.02%13.89%11.48%17.66%17.52%17.40%16.15%18.21%15.30%15.99%14.09%16.34%11.47%9.16%5.94%7.23%
Pretax Margin
10.24%11.91%8.33%-42.17%24.88%27.72%19.27%25.63%19.79%21.36%8.20%23.74%19.32%24.32%19.27%1.68%11.98%-1.27%7.15%-60.10%
Profit Margin
7.40%10.74%2.61%-36.03%22.38%23.78%13.49%22.74%16.17%17.29%5.38%19.39%15.30%18.70%13.19%-0.45%12.27%-3.12%4.13%-51.88%
FCF Margin
--10.12%1.95%-6.88%-14.30%-27.43%0.07%7.85%18.45%13.27%19.91%17.41%23.27%14.59%17.91%20.13%18.61%-0.38%1.44%2.17%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
-668.7767.37-7.749.029.3112.6611.3013.8715.0615.5222.7626.5039.12---33.31-
Forward PE
14.6813.5818.0117.359.459.019.629.627.919.5711.3013.0513.6615.4812.7213.2519.2316.1717.3417.09
P/FCF Ratio
------16.4712.939.4210.6411.6114.0513.9116.0815.2423.2252.35-35.6639.42
PS Ratio
2.082.032.432.471.591.711.621.931.631.982.192.582.652.872.202.342.802.322.642.83