NASDAQ · BIDU
Baidu financials
$86.71−0.30%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $18.45B | $18.24B | $19.01B | $17.93B | $19.54B | $107.07B | $107.41B | $102.28B | $13.03B | $10.16B |
| Gross profit | $8.10B | $9.18B | $9.83B | $8.66B | $9.44B | $51.92B | $44.56B | $50.53B | $6.42B | $5.08B |
| Gross margin | 43.9% | 50.3% | 51.7% | 48.3% | 48.3% | 48.5% | 41.5% | 49.4% | 49.2% | 50.0% |
| Operating income | -$832.3M | $2.91B | $3.09B | $2.31B | $1.65B | $14.34B | $6.31B | $15.53B | $2.41B | $1.45B |
| Net income | $666.5M | $3.17B | $2.77B | $1.00B | $1.55B | $22.38B | $1.98B | $27.44B | $2.23B | $1.60B |
| Net margin | 3.6% | 17.4% | 14.6% | 5.6% | 7.9% | 20.9% | 1.8% | 26.8% | 17.1% | 15.7% |
| Diluted EPS | $0.21 | $1.13 | $0.97 | $0.36 | $0.55 | $8.12 | $0.70 | $9.75 | $80.55 | $45.89 |
| EBITDA | $4.53B | $5.73B | $6.12B | $5.22B | $5.19B | $37.05B | $28.45B | $34.16B | $4.22B | $2.65B |
| Operating cash flow | -$430.7M | $2.91B | $5.17B | $3.79B | $3.16B | $24.20B | $28.46B | $35.97B | $5.05B | $3.21B |
| Free cash flow | -$2.16B | $1.79B | $3.59B | $2.59B | $1.45B | $19.12B | $22.03B | $27.20B | $4.31B | $2.60B |
| Diluted shares | 2,744.0M | 2,798.0M | 2,837.0M | 2,809.0M | 2,814.0M | 2,756.0M | 2,791.0M | 2,814.0M | 35.0M | 34.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $3.52B | $3.40B | $3.56B | $7.71B | $5.78B | $35.78B |
| Short-term investments | $12.96B | $14.06B | $23.83B | $17.52B | $22.48B | $126.40B |
| Total debt | $12.79B | $9.73B | $10.80B | $12.14B | $13.04B | $75.53B |
| Total assets | $64.20B | $58.61B | $57.46B | $56.69B | $59.64B | $332.71B |
| Total liabilities | $22.79B | $19.75B | $20.36B | $22.21B | $24.49B | $140.87B |
| Shareholders' equity | $39.53B | $37.50B | $35.76B | $33.26B | $34.02B | $188.74B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology