Baidu Key Executives
This section highlights Baidu's key executives, including their titles and compensation details.
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Baidu Earnings
This section highlights Baidu's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
---|---|---|---|---|---|
Read Transcript | Q4 | 2024 | 2025-02-18 | N/A | N/A |
Read Transcript | Q3 | 2024 | 2024-11-21 | $2.49 | $2.36 |
Read Transcript | Q2 | 2024 | 2024-08-22 | $2.68 | $2.89 |
Read Transcript | Q1 | 2024 | 2024-05-16 | $2.30 | $2.76 |
Read Transcript | Q4 | 2023 | 2024-02-28 | $2.75 | $3.08 |
Read Transcript | Q3 | 2023 | 2023-11-21 | $2.45 | $2.80 |
Read Transcript | Q2 | 2023 | 2023-08-22 | $2.57 | $3.11 |
Read Transcript | Q1 | 2023 | 2023-05-16 | $1.93 | $2.34 |
Earnings Reports
Dive into Baidu's earnings with our AI-powered insights.

Baidu, Inc. provides online marketing and cloud services through an internet platform in the People's Republic of China. It operates in two segments, Baidu Core and iQIYI. The Baidu Core segment offers search-based, feed-based, and other online marketing services; cloud services; and products and other services from AI initiatives. This segment also operates Haokan, a user generated and professionally produced short videos platform. The iQIYI segment operates an online entertainment video platform that offers original, professionally produced, and partner-generated content. The company was incorporated in 2000 and is headquartered in Beijing, the People's Republic of China.
$94.54
Stock Price
$33.86B
Market Cap
21.80K
Employees
Beijing, None
Location
Financial Statements
Access annual & quarterly financial statements for Baidu, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Revenue | $133.12B | $134.60B | $123.67B | $124.49B | $107.07B |
Cost of Revenue | $66.10B | $65.03B | $63.94B | $64.31B | $55.16B |
Gross Profit | $67.02B | $69.57B | $59.74B | $60.18B | $51.92B |
Gross Profit Ratio | 50.30% | 51.70% | 48.30% | 48.30% | 48.49% |
Research and Development Expenses | $22.13B | $24.19B | $23.32B | $24.94B | $19.51B |
General and Administrative Expenses | $- | $10.32B | $10.31B | $12.52B | $9.66B |
Selling and Marketing Expenses | $- | $13.20B | $10.20B | $12.20B | $8.40B |
Selling General and Administrative Expenses | $23.62B | $23.52B | $20.51B | $24.72B | $18.06B |
Other Expenses | $- | $- | $-5.74B | $-1.04B | $9.40B |
Operating Expenses | $45.75B | $47.71B | $43.83B | $49.66B | $37.58B |
Cost and Expenses | $111.86B | $112.74B | $107.76B | $113.97B | $92.73B |
Interest Income | $- | $8.01B | $6.25B | $5.55B | $5.36B |
Interest Expense | $- | $3.25B | $2.91B | $3.42B | $3.10B |
Depreciation and Amortization | $14.68B | $14.68B | $20.08B | $22.56B | $22.71B |
EBITDA | $35.95B | $36.53B | $14.51B | $14.10B | $14.34B |
EBITDA Ratio | 27.00% | 27.14% | 11.73% | 11.33% | 13.39% |
Operating Income | $21.27B | $21.86B | $-5.58B | $-8.46B | $-8.37B |
Operating Income Ratio | 15.98% | 16.24% | -4.51% | -6.80% | -7.82% |
Total Other Income Expenses Net | $7.35B | $3.34B | $15.69B | $19.24B | $8.75B |
Income Before Tax | $28.62B | $25.20B | $10.11B | $10.78B | $23.09B |
Income Before Tax Ratio | 21.50% | 18.72% | 8.18% | 8.66% | 21.56% |
Income Tax Expense | $4.45B | $3.65B | $2.58B | $3.19B | $4.06B |
Net Income | $23.76B | $20.32B | $7.56B | $7.59B | $22.47B |
Net Income Ratio | 17.85% | 15.09% | 6.11% | 6.10% | 20.99% |
EPS | $8.31 | $9.71 | $2.72 | $2.75 | $8.23 |
EPS Diluted | $8.24 | $7.78 | $2.69 | $2.70 | $8.15 |
Weighted Average Shares Outstanding | 2.79B | 2.81B | 2.78B | 2.76B | 2.73B |
Weighted Average Shares Outstanding Diluted | 2.80B | 2.84B | 2.81B | 2.81B | 2.76B |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $34.12B | $33.56B | $33.93B | $34.95B | $34.95B | $34.45B | $34.06B | $31.14B | $33.08B | $32.54B | $29.65B | $28.41B | $33.09B | $31.92B | $31.35B | $28.13B | $30.26B | $28.23B | $26.03B | $22.55B |
Cost of Revenue | $18.01B | $16.40B | $16.40B | $17.42B | $17.42B | $16.29B | $15.97B | $15.15B | $16.95B | $16.27B | $15.17B | $15.55B | $17.29B | $16.13B | $15.90B | $15.00B | $14.52B | $12.81B | $13.13B | $14.69B |
Gross Profit | $16.11B | $17.16B | $17.53B | $17.53B | $17.53B | $18.15B | $18.08B | $15.99B | $16.13B | $16.27B | $14.48B | $12.87B | $15.80B | $15.79B | $15.45B | $13.13B | $15.74B | $15.42B | $12.90B | $7.86B |
Gross Profit Ratio | 47.20% | 51.10% | 51.70% | 50.20% | 50.20% | 52.70% | 53.10% | 51.30% | 48.80% | 50.00% | 48.80% | 45.30% | 47.70% | 49.50% | 49.30% | 46.70% | 52.01% | 54.61% | 49.55% | 34.85% |
Research and Development Expenses | $5.51B | $5.37B | $5.89B | $6.29B | $6.29B | $6.10B | $6.38B | $5.42B | $5.66B | $5.76B | $6.29B | $5.61B | $7.39B | $6.17B | $6.28B | $5.10B | $5.67B | $4.56B | $4.84B | $4.44B |
General and Administrative Expenses | $- | $- | $- | $417.00M | $-7.35B | $- | $6.49B | $463.00M | $-4.32B | $- | $4.87B | $- | $-5.75B | $- | $- | $5.25B | $5.09B | $- | $- | $3.85B |
Selling and Marketing Expenses | $- | $- | $- | $5.44B | $13.20B | $- | $- | $5.13B | $10.20B | $- | $-85.00M | $- | $12.20B | $- | $- | $- | $8.40B | $- | $- | $- |
Selling General and Administrative Expenses | $6.68B | $5.87B | $5.70B | $5.85B | $5.85B | $5.78B | $6.49B | $5.59B | $5.88B | $5.19B | $4.78B | $4.66B | $6.45B | $7.32B | $5.71B | $5.25B | $5.09B | $4.70B | $4.42B | $3.85B |
Other Expenses | $- | $- | $- | $-398.00M | $-398.00M | $1.10B | $-555.00M | $1.64B | $1.73B | $-4.48B | $299.00M | $-3.29B | $566.00M | $-22.08B | $-2.89B | $23.36B | $499.00M | $9.17B | $1.55B | $-1.82B |
Operating Expenses | $12.19B | $11.23B | $11.59B | $12.14B | $12.14B | $11.88B | $12.87B | $11.01B | $11.54B | $10.95B | $11.08B | $10.26B | $13.84B | $13.49B | $11.99B | $10.34B | $10.76B | $9.26B | $9.26B | $8.29B |
Cost and Expenses | $30.21B | $27.63B | $27.99B | $29.56B | $29.56B | $28.17B | $28.85B | $26.16B | $28.48B | $27.22B | $26.25B | $25.81B | $31.13B | $29.61B | $27.89B | $25.34B | $25.29B | $22.08B | $22.39B | $22.98B |
Interest Income | $- | $1.88B | $1.99B | $2.06B | $2.06B | $2.08B | $1.95B | $1.92B | $1.65B | $1.62B | $1.52B | $1.45B | $1.51B | $1.46B | $1.34B | $1.23B | $1.31B | $1.30B | $1.31B | $1.44B |
Interest Expense | $- | $673.00M | $742.00M | $774.00M | $774.00M | $853.00M | $817.00M | $804.00M | $738.00M | $724.00M | $741.00M | $710.00M | $873.00M | $880.00M | $845.00M | $823.00M | $777.00M | $755.00M | $820.00M | $751.00M |
Depreciation and Amortization | $3.67B | $3.35B | $1.51B | $3.67B | $2.03B | $3.62B | $3.62B | $3.62B | $1.80B | $4.03B | $4.03B | $4.03B | $1.33B | $4.46B | $4.45B | $4.46B | $4.46B | $8.09B | $8.09B | $1.80B |
EBITDA | $7.59B | $9.27B | $7.46B | $9.15B | $7.42B | $9.89B | $8.83B | $8.60B | $6.39B | $9.35B | $7.43B | $6.63B | $3.24B | $-18.31B | $7.92B | $7.25B | $10.59B | $14.25B | $11.73B | $1.36B |
EBITDA Ratio | 22.23% | 27.63% | 21.98% | 11.70% | 11.70% | 26.30% | 18.26% | 27.24% | 22.52% | 6.38% | 15.59% | 1.27% | 9.87% | -57.37% | 6.11% | 96.80% | 16.45% | 56.94% | 18.34% | -2.80% |
Operating Income | $3.92B | $5.92B | $5.94B | $5.39B | $5.39B | $6.27B | $5.21B | $4.98B | $4.59B | $5.32B | $3.40B | $2.60B | $1.96B | $2.31B | $3.46B | $2.79B | $4.98B | $6.16B | $3.64B | $-437.00M |
Operating Income Ratio | 11.48% | 17.66% | 17.52% | 15.43% | 15.43% | 18.21% | 15.30% | 15.99% | 13.89% | 16.34% | 11.47% | 9.15% | 5.92% | 7.23% | 11.05% | 9.91% | 16.45% | 21.81% | 14.00% | -1.94% |
Total Other Income Expenses Net | $2.66B | $2.67B | $771.00M | $1.25B | $-2.53B | $1.91B | $1.37B | $2.60B | $1.78B | $-4.77B | $151.00M | $-2.96B | $407.00M | $-21.49B | $-2.43B | $23.78B | $533.00M | $8.89B | $366.00M | $-1.04B |
Income Before Tax | $6.58B | $8.60B | $6.71B | $2.87B | $2.87B | $8.18B | $6.58B | $7.58B | $6.37B | $547.00M | $3.55B | $-360.00M | $2.37B | $-19.19B | $1.03B | $26.57B | $5.51B | $15.05B | $4.01B | $-1.48B |
Income Before Tax Ratio | 19.27% | 25.63% | 19.79% | 8.20% | 8.20% | 23.74% | 19.32% | 24.32% | 19.27% | 1.68% | 11.98% | -1.27% | 7.15% | -60.10% | 3.30% | 94.43% | 18.21% | 53.31% | 15.40% | -6.56% |
Income Tax Expense | $1.62B | $814.00M | $1.13B | $-96.00M | $-96.00M | $1.28B | $1.27B | $1.19B | $1.25B | $908.00M | $25.00M | $391.00M | $1.29B | $-1.84B | $2.20B | $1.53B | $1.03B | $1.62B | $1.22B | $198.00M |
Net Income | $5.19B | $7.63B | $5.49B | $2.60B | $2.60B | $6.68B | $5.21B | $5.83B | $4.95B | $-361.00M | $3.64B | $-751.00M | $1.72B | $-16.56B | $-583.00M | $25.65B | $5.17B | $13.68B | $3.58B | $41.00M |
Net Income Ratio | 15.22% | 22.74% | 16.17% | 7.44% | 7.44% | 19.40% | 15.30% | 18.70% | 14.97% | -1.11% | 12.27% | -2.64% | 5.18% | -51.87% | -1.86% | 91.18% | 17.10% | 48.45% | 13.75% | 0.18% |
EPS | $1.80 | $2.73 | $1.96 | $0.93 | $0.92 | $2.37 | $1.86 | $2.08 | $1.78 | $-0.13 | $1.31 | $-0.27 | $0.62 | $-5.96 | $-0.21 | $9.53 | $1.92 | $5.03 | $1.30 | $0.01 |
EPS Diluted | $1.78 | $2.72 | $1.95 | $0.92 | $0.92 | $2.35 | $1.84 | $2.05 | $1.77 | $-0.13 | $1.29 | $-0.27 | $0.61 | $-5.96 | $-0.21 | $9.24 | $1.89 | $4.98 | $1.30 | $0.01 |
Weighted Average Shares Outstanding | 2.77B | 2.80B | 2.80B | 2.80B | 2.81B | 2.81B | 2.80B | 2.80B | 2.79B | 2.79B | 2.78B | 2.77B | 2.78B | 2.78B | 2.78B | 2.69B | 2.70B | 2.72B | 2.75B | 2.77B |
Weighted Average Shares Outstanding Diluted | 2.78B | 2.81B | 2.81B | 2.82B | 2.83B | 2.85B | 2.83B | 2.84B | 2.80B | 2.79B | 2.81B | 2.77B | 2.82B | 2.78B | 2.78B | 2.78B | 2.74B | 2.75B | 2.76B | 2.78B |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $24.83B | $25.23B | $53.16B | $36.85B | $35.78B |
Short Term Investments | $102.61B | $168.67B | $120.84B | $143.24B | $126.40B |
Cash and Short Term Investments | $127.44B | $193.90B | $174.00B | $180.09B | $162.18B |
Net Receivables | $10.89B | $16.62B | $21.14B | $14.83B | $11.59B |
Inventory | $- | $1.40B | $1.23B | $1.48B | $5.25B |
Other Current Assets | $30.52B | $17.95B | $16.11B | $16.54B | $8.51B |
Total Current Assets | $168.85B | $230.25B | $212.85B | $213.31B | $183.34B |
Property Plant Equipment Net | $41.00B | $38.81B | $34.34B | $35.09B | $27.31B |
Goodwill | $22.59B | $22.59B | $22.48B | $22.61B | $22.25B |
Intangible Assets | $7.70B | $7.85B | $21.10B | $19.90B | $15.01B |
Goodwill and Intangible Assets | $30.29B | $30.43B | $43.57B | $42.50B | $37.26B |
Long Term Investments | $140.26B | $72.62B | $78.93B | $67.33B | $76.23B |
Tax Assets | $- | $- | $2.13B | $2.37B | $1.67B |
Other Non-Current Assets | $47.39B | $34.64B | $19.16B | $19.42B | $6.89B |
Total Non-Current Assets | $258.93B | $176.50B | $178.12B | $166.72B | $149.37B |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $427.78B | $406.76B | $390.97B | $380.03B | $332.71B |
Account Payables | $41.44B | $- | $- | $- | $- |
Short Term Debt | $22.41B | $22.20B | $23.36B | $17.54B | $17.56B |
Tax Payables | $- | $2.69B | $3.64B | $4.43B | $3.78B |
Deferred Revenue | $- | $16.33B | $13.19B | $13.80B | $13.57B |
Other Current Liabilities | $17.10B | $35.24B | $38.28B | $37.78B | $53.30B |
Total Current Liabilities | $80.95B | $76.45B | $79.63B | $74.49B | $68.39B |
Long Term Debt | $56.92B | $62.40B | $67.99B | $73.97B | $65.03B |
Deferred Revenue Non-Current | $- | $- | $490.00M | $352.00M | $783.00M |
Deferred Tax Liabilities Non-Current | $- | $- | $2.90B | $3.29B | $3.07B |
Other Non-Current Liabilities | $6.30B | $5.30B | $5.54B | $7.62B | $7.45B |
Total Non-Current Liabilities | $63.22B | $67.70B | $73.54B | $81.59B | $72.48B |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $144.17B | $144.15B | $153.17B | $156.08B | $140.87B |
Preferred Stock | $- | $- | $- | $- | $- |
Common Stock | $263.62B | $- | $- | $- | $- |
Retained Earnings | $- | $161.24B | $148.34B | $145.16B | $135.28B |
Accumulated Other Comprehensive Income Loss | $- | $-895.00M | $546.00M | $-8.00M | $199.00M |
Other Total Stockholders Equity | $- | $83.28B | $74.59B | $66.31B | $47.21B |
Total Stockholders Equity | $263.62B | $243.63B | $223.48B | $211.46B | $182.70B |
Total Equity | $283.61B | $262.61B | $237.81B | $223.95B | $191.84B |
Total Liabilities and Stockholders Equity | $427.78B | $406.76B | $390.97B | $380.03B | $332.71B |
Minority Interest | $19.99B | $18.98B | $14.33B | $12.49B | $9.15B |
Total Liabilities and Total Equity | $427.78B | $406.76B | $390.97B | $380.03B | $332.71B |
Total Investments | $242.86B | $241.29B | $199.76B | $210.57B | $202.63B |
Total Debt | $79.32B | $84.59B | $91.35B | $91.51B | $82.59B |
Net Debt | $54.49B | $59.36B | $38.20B | $54.66B | $46.81B |
Balance Sheet Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $24.83B | $28.68B | $43.53B | $30.42B | $25.23B | $34.91B | $42.06B | $23.64B | $53.16B | $55.16B | $42.53B | $36.83B | $36.85B | $40.70B | $42.90B | $41.54B | $35.78B | $18.42B | $20.35B | $21.76B |
Short Term Investments | $102.61B | $104.13B | $106.82B | $149.78B | $168.67B | $156.36B | $148.09B | $159.13B | $120.84B | $118.15B | $135.75B | $143.17B | $143.24B | $143.13B | $126.39B | $120.79B | $126.40B | $126.88B | $132.17B | $123.92B |
Cash and Short Term Investments | $127.44B | $132.81B | $150.35B | $180.20B | $193.90B | $191.27B | $190.16B | $182.76B | $174.00B | $173.31B | $178.29B | $180.00B | $180.09B | $183.83B | $169.28B | $162.34B | $162.18B | $145.30B | $152.52B | $145.68B |
Net Receivables | $10.89B | $11.23B | $12.51B | $12.11B | $16.62B | $15.67B | $16.43B | $16.01B | $21.14B | $14.56B | $11.04B | $10.57B | $14.83B | $9.65B | $12.26B | $9.23B | $11.59B | $8.35B | $9.50B | $9.69B |
Inventory | $- | $- | $- | $11.59B | $1.40B | $11.39B | $11.32B | $11.25B | $1.23B | $11.23B | $11.15B | $10.97B | $1.48B | $10.77B | $10.65B | $10.61B | $5.25B | $669.00M | $1.53B | $1.01B |
Other Current Assets | $30.52B | $28.08B | $24.40B | $13.58B | $17.95B | $12.08B | $10.86B | $19.18B | $16.11B | $9.82B | $9.04B | $9.95B | $16.54B | $11.14B | $7.74B | $9.45B | $8.51B | $8.83B | $8.50B | $8.91B |
Total Current Assets | $168.85B | $172.12B | $187.27B | $217.48B | $230.25B | $230.42B | $228.77B | $229.21B | $212.85B | $208.92B | $209.51B | $211.50B | $213.31B | $215.39B | $199.93B | $191.63B | $183.34B | $163.15B | $172.05B | $165.28B |
Property Plant Equipment Net | $41.00B | $40.39B | $40.07B | $38.85B | $38.81B | $36.99B | $34.76B | $33.16B | $34.34B | $35.03B | $33.83B | $33.90B | $35.09B | $31.21B | $28.61B | $27.34B | $27.31B | $26.80B | $24.25B | $24.63B |
Goodwill | $22.59B | $22.59B | $22.59B | $22.59B | $22.59B | $22.59B | $22.59B | $22.59B | $22.48B | $22.60B | $22.60B | $22.61B | $22.61B | $22.61B | $22.59B | $22.25B | $22.25B | $21.78B | $18.77B | $18.25B |
Intangible Assets | $7.70B | $21.92B | $7.73B | $21.41B | $21.23B | $20.63B | $20.25B | $20.49B | $21.10B | $21.31B | $20.82B | $20.68B | $19.90B | $18.66B | $17.27B | $15.72B | $15.01B | $13.61B | $7.38B | $7.16B |
Goodwill and Intangible Assets | $30.29B | $44.51B | $30.31B | $43.99B | $43.81B | $43.22B | $42.84B | $43.08B | $43.57B | $43.91B | $43.42B | $43.29B | $42.50B | $41.27B | $39.87B | $37.97B | $37.26B | $35.39B | $26.14B | $25.41B |
Long Term Investments | $140.26B | $133.18B | $118.69B | $92.35B | $72.62B | $77.81B | $77.30B | $74.14B | $78.93B | $77.68B | $74.32B | $64.25B | $67.33B | $74.01B | $101.31B | $101.77B | $76.23B | $81.29B | $68.62B | $69.60B |
Tax Assets | $- | $2.85B | $- | $2.26B | $2.10B | $1.78B | $1.91B | $2.09B | $2.13B | $3.21B | $3.00B | $2.67B | $2.37B | $2.57B | $433.00M | $1.38B | $1.67B | $804.00M | $1.40B | $2.32B |
Other Non-Current Assets | $47.39B | $24.26B | $39.19B | $19.77B | $19.16B | $20.81B | $20.75B | $19.31B | $19.16B | $20.29B | $21.04B | $20.02B | $19.42B | $19.91B | $19.13B | $19.27B | $6.89B | $7.31B | $12.01B | $11.77B |
Total Non-Current Assets | $258.93B | $245.20B | $228.26B | $197.22B | $176.50B | $180.62B | $177.55B | $171.77B | $178.12B | $180.11B | $175.61B | $164.13B | $166.72B | $168.96B | $189.35B | $187.72B | $149.37B | $151.59B | $132.42B | $133.73B |
Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $427.78B | $417.32B | $415.53B | $414.70B | $406.76B | $411.03B | $406.32B | $400.98B | $390.97B | $389.03B | $385.12B | $375.63B | $380.03B | $384.36B | $389.29B | $379.35B | $332.71B | $314.74B | $304.47B | $299.02B |
Account Payables | $41.44B | $39.00B | $37.99B | $36.74B | $- | $37.18B | $36.05B | $34.04B | $- | $38.69B | $35.78B | $35.69B | $- | $40.46B | $38.28B | $35.90B | $- | $31.59B | $31.99B | $31.04B |
Short Term Debt | $22.41B | $22.86B | $26.62B | $25.84B | $22.20B | $23.98B | $24.86B | $24.76B | $23.36B | $28.75B | $25.92B | $17.70B | $17.54B | $18.01B | $11.21B | $16.87B | $17.56B | $15.95B | $13.50B | $11.04B |
Tax Payables | $- | $- | $- | $- | $2.69B | $- | $- | $- | $3.64B | $- | $- | $- | $4.43B | $- | $- | $- | $3.78B | $- | $- | $- |
Deferred Revenue | $- | $14.61B | $- | $13.87B | $16.33B | $15.19B | $14.73B | $14.05B | $13.19B | $14.05B | $13.11B | $13.24B | $13.80B | $13.62B | $13.51B | $12.65B | $13.57B | $12.35B | $12.11B | $11.35B |
Other Current Liabilities | $17.10B | $1.96B | $16.16B | $15.35B | $51.57B | $20.43B | $19.79B | $19.27B | $38.28B | $17.54B | $14.49B | $14.79B | $37.78B | $15.45B | $15.31B | $14.12B | $53.30B | $14.10B | $14.96B | $13.93B |
Total Current Liabilities | $80.95B | $78.43B | $80.77B | $77.93B | $76.45B | $81.60B | $80.70B | $78.07B | $79.63B | $84.98B | $76.20B | $68.19B | $74.49B | $73.92B | $64.80B | $66.89B | $68.39B | $61.63B | $60.45B | $56.02B |
Long Term Debt | $56.92B | $54.50B | $56.18B | $63.55B | $62.40B | $63.51B | $66.41B | $69.67B | $67.99B | $66.74B | $69.59B | $73.88B | $73.97B | $78.78B | $77.99B | $65.81B | $65.03B | $61.46B | $63.67B | $63.74B |
Deferred Revenue Non-Current | $- | $797.00M | $- | $707.00M | $681.00M | $540.00M | $529.00M | $491.00M | $490.00M | $460.00M | $414.00M | $381.00M | $352.00M | $316.00M | $424.00M | $789.00M | $783.00M | $666.00M | $800.00M | $919.00M |
Deferred Tax Liabilities Non-Current | $- | $2.88B | $- | $2.82B | $2.73B | $2.75B | $2.99B | $3.01B | $2.90B | $2.85B | $2.95B | $3.01B | $3.29B | $3.38B | $3.27B | $3.17B | $3.07B | $3.32B | $3.51B | $3.18B |
Other Non-Current Liabilities | $6.30B | $1.52B | $5.64B | $5.45B | $5.30B | $5.21B | $5.76B | $5.67B | $5.54B | $6.53B | $8.59B | $8.34B | $7.62B | $7.10B | $7.17B | $7.54B | $7.45B | $7.99B | $8.56B | $8.45B |
Total Non-Current Liabilities | $63.22B | $59.70B | $61.82B | $69.00B | $67.70B | $68.72B | $72.17B | $75.33B | $73.54B | $73.26B | $78.18B | $82.21B | $81.59B | $85.88B | $85.16B | $73.34B | $72.48B | $69.45B | $72.22B | $72.19B |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $144.17B | $138.12B | $142.59B | $146.93B | $144.15B | $150.32B | $152.87B | $153.40B | $153.17B | $158.24B | $154.38B | $150.40B | $156.08B | $159.79B | $149.96B | $140.23B | $140.87B | $131.08B | $132.67B | $128.20B |
Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock | $263.62B | $- | $252.77B | $248.01B | $- | $242.43B | $235.64B | $230.09B | $- | $217.24B | $217.11B | $212.17B | $- | $211.38B | $- | $229.81B | $- | $176.29B | $- | $- |
Retained Earnings | $- | $- | $- | $- | $161.24B | $- | $- | $- | $148.34B | $- | $- | $- | $145.16B | $- | $160.30B | $- | $135.28B | $- | $124.40B | $124.71B |
Accumulated Other Comprehensive Income Loss | $- | $- | $- | $- | $-895.00M | $- | $- | $- | $546.00M | $- | $- | $- | $-8.00M | $- | $-41.00M | $- | $199.00M | $- | $-1.64B | $-1.66B |
Other Total Stockholders Equity | $- | $259.65B | $- | $- | $83.28B | $- | $- | $- | $74.59B | $- | $- | $- | $66.31B | $- | $68.65B | $- | $47.21B | $- | $41.75B | $40.00B |
Total Stockholders Equity | $263.62B | $259.65B | $252.77B | $248.01B | $243.63B | $242.43B | $235.64B | $230.09B | $223.48B | $217.24B | $217.11B | $212.17B | $211.46B | $211.38B | $228.91B | $229.81B | $182.70B | $176.29B | $164.51B | $163.05B |
Total Equity | $283.61B | $279.19B | $272.94B | $267.76B | $262.61B | $260.71B | $253.45B | $247.58B | $237.81B | $230.79B | $230.74B | $225.23B | $223.95B | $224.56B | $239.33B | $239.12B | $191.84B | $183.66B | $171.80B | $170.81B |
Total Liabilities and Stockholders Equity | $427.78B | $417.32B | $415.53B | $414.70B | $406.76B | $411.03B | $406.32B | $400.98B | $390.97B | $389.03B | $385.12B | $375.63B | $380.03B | $384.36B | $389.29B | $379.35B | $332.71B | $314.74B | $304.47B | $299.02B |
Minority Interest | $19.99B | $19.54B | $20.17B | $19.76B | $18.98B | $18.28B | $17.81B | $17.48B | $14.33B | $13.56B | $13.62B | $13.06B | $12.49B | $13.18B | $10.42B | $9.30B | $9.15B | $7.37B | $7.29B | $7.77B |
Total Liabilities and Total Equity | $427.78B | $417.32B | $415.53B | $414.70B | $406.76B | $411.03B | $406.32B | $400.98B | $390.97B | $389.03B | $385.12B | $375.63B | $380.03B | $384.36B | $389.29B | $379.35B | $332.71B | $314.74B | $304.47B | $299.02B |
Total Investments | $242.86B | $237.31B | $225.51B | $242.13B | $241.29B | $234.17B | $225.40B | $233.27B | $199.76B | $195.82B | $210.07B | $207.42B | $210.57B | $217.14B | $227.70B | $222.56B | $202.63B | $208.16B | $200.80B | $193.51B |
Total Debt | $79.32B | $77.36B | $82.80B | $89.40B | $84.59B | $87.49B | $91.27B | $94.43B | $91.35B | $95.49B | $95.51B | $91.58B | $91.51B | $96.78B | $89.20B | $82.68B | $82.59B | $77.41B | $77.17B | $74.78B |
Net Debt | $54.49B | $48.67B | $39.27B | $58.98B | $59.36B | $52.59B | $49.21B | $70.79B | $38.20B | $40.33B | $52.98B | $54.75B | $54.66B | $56.08B | $46.30B | $41.13B | $46.81B | $58.98B | $56.82B | $53.02B |
Annual Cash Flow
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Net Income | $23.76B | $21.55B | $7.53B | $7.59B | $19.03B |
Depreciation and Amortization | $- | $21.46B | $20.08B | $22.56B | $22.71B |
Deferred Income Tax | $- | $-163.00M | $-99.00M | $-449.00M | $115.00M |
Stock Based Compensation | $4.78B | $6.34B | $6.79B | $7.06B | $6.73B |
Change in Working Capital | $- | $-13.07B | $-16.76B | $-18.69B | $-18.21B |
Accounts Receivables | $- | $216.00M | $-2.37B | $-2.14B | $-1.66B |
Inventory | $- | $- | $- | $-24.28B | $-17.64B |
Accounts Payables | $- | $-858.00M | $-1.45B | $7.14B | $208.00M |
Other Working Capital | $- | $-12.43B | $-12.94B | $593.00M | $884.00M |
Other Non Cash Items | $-7.31B | $494.00M | $8.62B | $2.06B | $-6.18B |
Net Cash Provided by Operating Activities | $21.23B | $36.62B | $26.17B | $20.12B | $24.20B |
Investments in Property Plant and Equipment | $-8.13B | $-11.19B | $-8.39B | $-11.24B | $-5.33B |
Acquisitions Net | $- | $-115.00M | $256.00M | $-12.28B | $-2.88B |
Purchases of Investments | $- | $-203.48B | $-185.15B | $-200.50B | $-296.67B |
Sales Maturities of Investments | $- | $161.92B | $190.10B | $192.50B | $276.43B |
Other Investing Activities | $-421.00M | $2.47B | $-761.00M | $71.00M | $905.00M |
Net Cash Used for Investing Activities | $-8.55B | $-50.40B | $-3.94B | $-31.44B | $-27.55B |
Debt Repayment | $- | $-18.00B | $-8.00B | $8.84B | $12.39B |
Common Stock Issued | $- | $3.46B | $1.23B | $20.56B | $4.66B |
Common Stock Repurchased | $- | $-4.76B | $-1.93B | $-7.58B | $-13.05B |
Dividends Paid | $- | $- | $- | $- | $- |
Other Financing Activities | $-13.76B | $5.14B | $2.31B | $1.58B | $1.67B |
Net Cash Used Provided by Financing Activities | $-13.76B | $-14.16B | $-6.39B | $23.40B | $5.67B |
Effect of Forex Changes on Cash | $95.00M | $282.00M | $1.73B | $-943.00M | $-212.00M |
Net Change in Cash | $-985.00M | $-27.66B | $17.57B | $11.13B | $2.10B |
Cash at End of Period | $36.59B | $37.57B | $65.24B | $47.67B | $36.54B |
Cash at Beginning of Period | $37.57B | $65.24B | $47.67B | $36.54B | $34.44B |
Operating Cash Flow | $21.23B | $36.62B | $26.17B | $20.12B | $24.20B |
Capital Expenditure | $-8.13B | $-11.29B | $-8.39B | $-11.24B | $-5.33B |
Free Cash Flow | $13.10B | $25.32B | $17.78B | $8.88B | $18.87B |
Cash Flow Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $5.19B | $- | $5.49B | $5.45B | $2.60B | $6.68B | $5.21B | $5.83B | $4.95B | $-361.00M | $3.64B | $-885.00M | $1.72B | $-16.56B | $-583.00M | $25.65B | $5.17B | $13.68B | $3.58B | $41.00M |
Depreciation and Amortization | $- | $- | $- | $- | $14.68B | $- | $- | $- | $14.46B | $- | $- | $- | $7.22B | $- | $8.91B | $- | $- | $- | $9.52B | $- |
Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $-13.94B | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Stock Based Compensation | $1.08B | $- | $- | $1.14B | $1.64B | $1.27B | $2.04B | $1.39B | $1.84B | $1.60B | $2.02B | $1.32B | $2.09B | $1.35B | $2.12B | $1.50B | $1.98B | $1.41B | $1.85B | $1.49B |
Change in Working Capital | $- | $- | $- | $- | $-14.13B | $- | $- | $- | $-2.37B | $- | $- | $- | $-14.37B | $- | $-12.06B | $- | $- | $- | $-7.46B | $- |
Accounts Receivables | $- | $- | $- | $- | $216.00M | $- | $- | $- | $-2.37B | $- | $- | $- | $-1.33B | $- | $-814.00M | $- | $- | $- | $482.00M | $- |
Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Working Capital | $- | $- | $- | $- | $-14.34B | $- | $- | $- | $-12.49B | $- | $- | $- | $-13.04B | $- | $-11.24B | $- | $- | $- | $-7.94B | $- |
Other Non Cash Items | $-3.92B | $4.28B | $2.89B | $-371.00M | $5.83B | $1.57B | $3.38B | $-1.37B | $2.90B | $7.50B | $2.05B | $2.76B | $3.00B | $19.91B | $8.52B | $-21.54B | $853.00M | $-5.89B | $4.61B | $2.16B |
Net Cash Provided by Operating Activities | $2.36B | $4.28B | $8.38B | $6.22B | $10.62B | $9.53B | $10.63B | $5.84B | $7.85B | $8.74B | $7.71B | $1.87B | $4.71B | $3.35B | $7.94B | $4.12B | $6.03B | $7.79B | $8.19B | $2.20B |
Investments in Property Plant and Equipment | $-2.33B | $- | $-2.12B | $-2.04B | $-3.66B | $-3.53B | $-2.71B | $-1.29B | $-1.93B | $-2.19B | $-2.19B | $-1.98B | $-4.24B | $-2.66B | $122.00M | $-1.50B | $- | $- | $-854.00M | $-545.00M |
Acquisitions Net | $- | $- | $- | $- | $-115.00M | $- | $- | $- | $-14.00M | $- | $- | $- | $-28.00M | $- | $-12.25B | $- | $- | $- | $-693.00M | $- |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $-3.30B | $-13.96B | $16.28B | $-1.08B | $-9.46B | $-7.87B | $9.59B | $-31.35B | $-3.38B | $10.20B | $-1.49B | $-2.95B | $2.05B | $-13.97B | $-12.16B | $-7.36B | $-915.00M | $-6.23B | $-7.71B | $-12.69B |
Net Cash Used for Investing Activities | $-5.64B | $-13.96B | $14.16B | $-3.12B | $-13.24B | $-11.40B | $6.89B | $-32.65B | $-5.32B | $8.01B | $-3.68B | $-2.95B | $2.05B | $-13.97B | $-12.16B | $-7.36B | $-915.00M | $-6.23B | $-7.71B | $-12.69B |
Debt Repayment | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Common Stock Repurchased | $- | $- | $- | $- | $-4.76B | $- | $- | $- | $-1.93B | $- | $- | $- | $-5.43B | $- | $-2.15B | $- | $- | $- | $-5.13B | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $-1.67B | $-5.40B | $-9.08B | $2.39B | $-2.84B | $-4.98B | $732.00M | $-2.30B | $-337.00M | $-6.07B | $543.00M | $1.40B | $-9.90B | $8.61B | $6.06B | $18.63B | $12.58B | $-4.15B | $-1.39B | $-1.38B |
Net Cash Used Provided by Financing Activities | $-1.67B | $-5.40B | $-9.08B | $2.39B | $-7.61B | $-4.98B | $732.00M | $-2.30B | $-2.26B | $-6.07B | $543.00M | $1.40B | $-9.90B | $8.61B | $6.06B | $18.63B | $12.58B | $-4.15B | $-1.39B | $-1.38B |
Effect of Forex Changes on Cash | $643.00M | $-805.00M | $88.00M | $169.00M | $-395.00M | $158.00M | $624.00M | $-105.00M | $-1.43B | $2.04B | $1.30B | $-187.00M | $-663.00M | $-68.00M | $-434.00M | $222.00M | $-241.00M | $-190.00M | $16.00M | $203.00M |
Net Change in Cash | $-4.31B | $-15.89B | $13.55B | $5.66B | $-10.62B | $-6.70B | $18.88B | $-29.22B | $-1.16B | $12.72B | $5.87B | $136.00M | $-3.80B | $-2.07B | $1.40B | $15.61B | $17.45B | $-2.79B | $-893.00M | $-11.67B |
Cash at End of Period | $36.59B | $40.90B | $56.78B | $43.23B | $37.57B | $48.20B | $54.90B | $36.02B | $65.24B | $66.40B | $53.68B | $47.81B | $47.67B | $51.47B | $53.55B | $52.15B | $36.54B | $19.09B | $21.88B | $22.77B |
Cash at Beginning of Period | $40.90B | $56.78B | $43.23B | $37.57B | $48.20B | $54.90B | $36.02B | $65.24B | $66.40B | $53.68B | $47.81B | $47.67B | $51.47B | $53.55B | $52.15B | $36.54B | $19.09B | $21.88B | $22.77B | $34.44B |
Operating Cash Flow | $2.36B | $4.28B | $8.38B | $6.22B | $10.62B | $9.53B | $10.63B | $5.84B | $7.85B | $8.74B | $7.71B | $1.87B | $4.71B | $3.35B | $7.94B | $4.12B | $6.03B | $7.79B | $8.19B | $2.20B |
Capital Expenditure | $-2.33B | $- | $-2.12B | $-2.04B | $-3.66B | $-3.53B | $-2.71B | $-1.29B | $-1.93B | $-2.19B | $-2.19B | $-1.98B | $-4.24B | $-2.66B | $122.00M | $-1.50B | $- | $- | $-854.00M | $-545.00M |
Free Cash Flow | $23.00M | $4.28B | $6.26B | $4.18B | $6.96B | $6.00B | $7.93B | $4.54B | $5.92B | $6.55B | $5.52B | $-107.00M | $477.00M | $691.00M | $8.06B | $2.62B | $6.03B | $7.79B | $7.33B | $1.65B |
Baidu Dividends
Explore Baidu's dividend history, including dividend yield, payout ratio, and historical payments.
Baidu News
Read the latest news about Baidu, including recent articles, headlines, and updates.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Baidu: Phoenix Is Rising From The Ashes
Baidu, Inc.'s launch of ERNIE 4.5 and ERNIE X1 models marks a significant advancement in GenAI, with the Chinese tech conglomerate now offering superior performance at a fraction of competitors' costs. Despite macroeconomic challenges, Baidu's Q4 2024 results showed strong AI Cloud growth and promising developments in the Apollo Go robotaxi business. BIDU stock remains undervalued, with a fair value estimate of ~$172.7 per share and a potential rise to ~$316 per share in five years.

Michael Burry is crushing S&P 500 in 2025
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What's driving Investors to Chinese stocks |Full Episode| Insight with Haslinda Amin 3/14/2025
Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture.

Baidu shares surge 10.7% on Tuesday: here's why
Baidu's shares surged 10.7% in Asian trading on Tuesday following the release of two new artificial intelligence models over the weekend. The Chinese tech giant introduced the latest version of its foundational “Ernie” model alongside a new reasoning model designed to rival DeepSeek's R1.

Baidu, once China's generative AI leader, is battling to regain its position
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Baidu shares jump 10% following release of new open-source AI models
Baidu released two new artificial intelligence models on Sunday, including one with reasoning capabilities that it said rivaled DeepSeek's R1 model. According to Kai Wang, a senior equity analyst for Morningstar, Baidu's stock jump is likely a delayed market reaction to the new models as the company vies to regain leadership in China's AI space.

Tesla working with Baidu to improve assisted driving system in China - sources
Tesla is working with Chinese tech giant Baidu to improve the performance of its advanced driving assistance (ADAS) system in China, two people with knowledge of the matter said, after a recent update drew customer criticism.

Baidu Announces Completion of CNY10 Billion Offering of CNY-denominated Senior Notes
BEIJING , March 12, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the completion of its offering of CNY10 billion aggregate principal amount of CNY-denominated senior unsecured notes (the "Notes"). The Notes were sold in offshore transactions outside the United States to certain non-U.S. persons (the "Notes Offering") in reliance on Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act").

Baidu Announces Completion of US$2 Billion Offering of Zero Coupon Exchangeable Bonds
BEIJING , March 12, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the completion of its US$2 billion in aggregate principal amount of exchangeable bonds due 2032 (the "Bonds"). The Bonds were sold in offshore transactions outside the United States to certain non-U.S. persons (the "Bonds Offering") in reliance on Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act").

Baidu Announces Pricing of US$2 Billion Offering of Zero Coupon Exchangeable Bonds
BEIJING , March 7, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced the pricing of its US$2 billion in aggregate principal amount of exchangeable bonds due 2032 (the "Bonds"). The Bonds were offered in offshore transactions outside the United States to certain non-U.S. persons (the "Bonds Offering") in reliance on Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act").

Baidu Announces Proposed Offering of Exchangeable Bonds
BEIJING , March 7, 2025 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it proposes to offer up to US$2 billion in aggregate principal amount of exchangeable bonds due 2032 (the "Bonds") in offshore transactions outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act of 1933, as amended (the "Securities Act"), subject to market conditions and other factors (the "Bonds Offering"). The Bonds will reference ordinary shares of Trip.com Group Limited that are listed on The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") (HKEX: 9961) ("Trip.com Shares").

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Want a good growth stock but don't want to pay a fortune for it? It may seem like top growth stocks are trading at excessive prices and are bad buys, but there are plenty of good examples out there of growing businesses that you can still buy at reasonable, even downright cheap earnings multiples.

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