Baidu, Inc.

Baidu, Inc.

BIDU
Baidu, Inc.US flagNASDAQ Global Select
95.58
USD
+1.24
- -
32.51BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
91.3
139.9
190.09
203.52
244.23
293.07
308.35
319.73
361.11
355.64
383.61
381.72
378.81
378.71
Basic EPS, GAAP
30.16
37.64
96.4
33.56
52.7
79.01
5.91
67.1
29.66
21.74
57.9
68.13
16.4
3.88
Free Cash Flow per Basic Share
28.91
32.92
34.44
34.53
54.51
39.24
26.8
56.34
25.76
51.12
72.16
37.2
-48.22
16.65
Dividend per Share
- -
0.96
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
13.71
18.18
28.99
33.21
41.41
58.29
59.13
68.19
76.5
79.91
86.85
95.39
97.84
98.78
Tangible Book Value per Share
6.4
10.71
22.22
26.3
33.77
48.37
48.11
54.28
61.12
64.33
71.23
79.11
75.36
76.05
Basic Weighted Avg Shares
350
351
349
347
347
349
348
335
345
348
351
349
341
340
Sales/Revenue/Turnover
31,944
49,052
66,382
70,549
84,809
102,277
107,413
107,074
124,493
123,675
134,598
133,125
129,079
128,702
Operating Margin (%)
35.04
26.1
17.58
14.24
18.5
15.18
5.87
13.39
8.45
12.87
16.24
15.98
8.03
7.03
Depreciation Expense
2,652
3,972
5,861
8,327
12,559
18,634
22,138
22,714
22,559
20,084
21,457
20,521
21,351
- -
Net Income, GAAP
10,551
13,197
33,664
11,632
18,301
27,573
2,057
22,472
10,226
7,559
20,315
23,760
5,589
1,317
Effective Tax Rate (%)
14.97
15.4
14.44
20.08
14.07
17.36
- -
17.6
29.57
25.49
14.48
15.54
18.75
39.61
Profit Margin (%)
33.03
26.9
50.71
16.49
21.58
26.96
1.92
20.99
8.21
6.11
15.09
17.85
4.33
1.02
Working Capital
31,996
43,766
52,131
53,658
69,112
98,241
108,182
114,957
138,827
133,220
153,804
87,896
65,642
71,440
LT Debt
17,270
23,467
33,950
34,470
35,812
54,903
62,677
65,028
73,970
67,993
62,397
56,916
65,210
65,214
Total Equity
40,665
54,052
84,216
97,743
130,372
175,752
172,815
191,843
223,952
237,805
262,608
283,612
289,726
292,348
Return on Invested Capital (%)
19.36
15.58
10
6.13
8.47
6.14
- -
4.5
2.48
3.65
5.52
5.06
2.25
1.4
Return on Capital (%)
22.76
21.24
35.94
9.64
12.47
16.46
- -
10.94
5.18
3.03
6.46
7.25
2.13
0.84
Return on Common Equity (%)
32.73
29.49
51.27
13.48
17.63
19.82
1.26
12.98
5.19
3.48
8.7
9.37
2.11
0.49

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
30,971
31,867
28,922
LT Borrowings
62,113
61,102
61,273
LT Finance Leases
4,153
4,108
3,941
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,722
2,722
2,722
Market Capitalization
2,554,154
2,487,817
2,092,649

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
158,294
151,970
155,289
Cash, Cash Equivalents & STI
124,815
115,267
116,890
Accounts Receivable, Net
11,784
12,972
14,167
Inventories
- -
6,200
- -
Total Current Liabilities
83,012
86,328
83,849
Payables & Accruals
38,315
40,879
41,439
ST Debt
30,971
31,867
28,922
Deferred Revenue
13,726
13,582
13,488

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.71%
8.7%
2.16%
Free Cash Flow
-8.55%
-37.15%
-226.63%
Net Income, GAAP
97.11%
5.73%
-76.48%
Sales/Revenue/Turnover
7.21%
4.06%
-3.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
31,513
33,931
33,557
34,124
133,125
2025
32,452
32,713
31,174
32,740
129,079
2026
32,075
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15.54
15.7
21.92
14.97
68.13
2025
22.44
21.54
-33.12
5.24
16.4
2026
10.13
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yanhong Li
Full Time Employees
33,500
Sector
Communication Services
Industry
Internet Content & Information
Address
Baidu Campus Beijing BE People's Republic of China 100085
IPO Date
Aug 5, 2005
Website
baidu.com
Business
Baidu, Inc. (BIDU) operates as a leading Chinese multinational technology company specializing in Internet services and artificial intelligence, holding a dominant position in China's search engine market through its core Baidu Search platform; the company provides a comprehensive suite of products and services including the Baidu App for search and newsfeed, Baidu Baike online encyclopedia, iQIYI video streaming service, Baidu Tieba keyword-based discussion forums, Baidu Maps navigation, DuerOS and Xiaodu smart assistants, Baidu Health AI-powered medical services, Apollo autonomous driving platform and robotaxi services via Apollo Go, AI Cloud computing infrastructure, Ernie Bot and ERNIE large language models, as well as online marketing solutions such as search-based, feed-based, and performance advertising through Baidu Tuiguang. Founded in January 2000 by Robin Li and Eric Xu and headquartered in Beijing's Haidian District, China, Baidu primarily serves the Chinese market with additional international presence in research, development, and partnerships across Asia and select global regions; it organizes operations into key segments encompassing Baidu Core for search, AI, and cloud services, iQIYI for entertainment, and growth initiatives in intelligent driving, mobile ecosystems, and smart devices. Recent developments include the September 2025 strategic AI partnership with state-owned China Merchants Group to deploy large language models, AI agents, and digital employees for industrial applications, boosting shares 12% in Hong Kong trading; the March 2025 launch of ERNIE 4.5 foundation model and ERNIE X1 reasoning model positioned as cost-competitive alternatives to leading global offerings; a disclosed 4.4 billion yuan offshore bond issuance for AI expansion; and ongoing scaling of Apollo Go robotaxi services, which surpassed six million rides across 11 Chinese cities by April 2024 with a fleet exceeding 400 driverless vehicles in Wuhan.

Company News

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Baidu, Inc. - BIDU

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Baidu, Inc. - BIDU

  • Baidu Announces Dual-Primary Listing on the Main Board of The Stock Exchange of Hong Kong Limited

  • What Are Hyperscalers? The 3 Cloud Giants Powering AI's Next Decade

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Baidu, Inc. - BIDU

  • China E-Commerce Stocks Sink While Baidu Climbs 4%: Alibaba Falls 4%, PDD Holdings Declines 3%

  • Brokers Suggest Investing in Baidu Inc. (BIDU): Read This Before Placing a Bet

  • Baidu Provides Update on Voluntary Conversion to Dual-Primary Listing on the Main Board of the Hong Kong Stock Exchange

  • Baidu Q2: AI Infrastructure Is Gaining Momentum, But Search Faces Structural Pressure

  • Baidu Announces Results of Extraordinary General Meeting

  • INVESTOR ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Baidu, Inc. - BIDU

  • Uber's Robotaxi Push Gains Pace in Dubai: Baidu's Vehicles Debut

  • Baidu, Inc. $BIDU Position Raised by AI Squared Management Ltd

  • Alibaba Sinks 7% as a 75% Capex Surge Swallows 45% Cloud Growth; Baidu Ticks Up

  • Thursday's Final Takeaways: UBER & BIDU Robotaxi Partnership, Bitcoin Above $70K

  • Uber Launches Baidu's Fully Driverless Apollo Go in Dubai, Establishing the First Multi-Partner Autonomous Network Globally

  • Baidu's Apollo Go Goes Live on Uber in Dubai, Offering a New Way for Users to Hail Fully Driverless Rides

  • Baidu: Sell The AI Pivot Until The Ad Business Stabilizes

  • Baidu: Kunlunxin IPO Could Trigger A Major Re-Rating

  • Baidu Analysts Slash Their Forecasts After Weak Q2 Results