Baidu (ADR) (BIDU)
Connects Chinese search and advertising with AI Cloud, ERNIE models and Apollo mobility.
$92.07
vs last close−0.14 (−0.15%)
In millions of USD, except per-share figures · converted from CNY at the latest rate
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,151 | 5,226 | 4,712 | 5,074 | 5,018 | 5,102 | 4,852 | 4,891 | 4,661 | 4,895 | 4,796 | 4,671 |
| Cost of revenue | 2,436 | 2,604 | 2,286 | 2,452 | 2,452 | 2,694 | 2,615 | 2,745 | 2,739 | 2,733 | 2,929 | 2,848 |
| Gross profit | 2,714 | 2,622 | 2,426 | 2,622 | 2,566 | 2,409 | 2,238 | 2,147 | 1,923 | 2,163 | 1,867 | 1,823 |
| 1,776 | 1,815 | 1,606 | 1,733 | 1,680 | 1,823 | 1,564 | 1,657 | 1,758 | 1,941 | 1,390 | 1,372 | |
| Research & development | 912 | 940 | 802 | 881 | 802 | 825 | 679 | 765 | 774 | 836 | 655 | 687 |
| Selling, general & administrative | 864 | 875 | 804 | 852 | 877 | 999 | 884 | 891 | 984 | 1,105 | 734 | 685 |
| Operating income | 938 | 806 | 820 | 889 | 886 | 586 | 674 | 490 | 164 | 222 | 477 | 451 |
| 285 | −378 | 186 | 115 | 400 | 398 | 671 | 727 | −2,130 | 186 | 94 | 27 | |
| Interest income | 311 | 309 | 313 | 298 | 281 | 299 | 398 | 293 | 289 | 307 | 294 | 251 |
| Interest expense | 128 | 116 | 115 | 111 | 101 | 96 | 120 | 105 | 94 | 97 | 95 | 91 |
| Other non-operating income | −412 | 262 | −301 | −226 | −501 | −494 | −791 | −832 | 2,035 | −283 | −189 | 0 |
| Income before tax | 1,223 | 428 | 1,006 | 1,004 | 1,286 | 983 | 1,345 | 1,217 | −1,966 | 408 | 571 | 478 |
| Income tax expense | 192 | −14 | 132 | 169 | 122 | 242 | 176 | 132 | −273 | 154 | 79 | 149 |
| Net income from continuing operations | 1,031 | 443 | 874 | 835 | 1,164 | 741 | 1,169 | 1,085 | −1,692 | 254 | 492 | 329 |
| Net income | 999 | 389 | 815 | 821 | 1,141 | 776 | 1,154 | 1,095 | −1,679 | 266 | 515 | 346 |
| EPS, basic | $2.84 | $0.80 | $2.32 | $2.34 | $3.27 | $1.99 | $3.36 | $3.22 | −$4.95 | $0.37 | $1.51 | $1.02 |
| EPS, diluted | $2.81 | $0.78 | $2.22 | $2.25 | $3.23 | $1.97 | $3.23 | $3.04 | −$5.06 | $0.37 | $1.48 | $0.86 |
| Weighted average shares, basic | 352 | 352 | 351 | 350 | 350 | 347 | 344 | 340 | 339 | 345 | 340 | 340 |
| Weighted average shares, diluted | 356 | 354 | 352 | 351 | 351 | 348 | 345 | 341 | 339 | 345 | 346 | 344 |
| EBITDA | 1,643 | 847 | 1,363 | 1,368 | 1,650 | 1,371 | 1,756 | 1,641 | −1,529 | 1,689 | 666 | 804 |
| Depreciation & amortization | 292 | 303 | 242 | 253 | 263 | 292 | 292 | 319 | 342 | 1,184 | 1 | 353 |
| EBIT | 1,351 | 544 | 1,121 | 1,115 | 1,387 | 1,080 | 1,465 | 1,322 | −1,871 | 505 | 666 | 451 |