Revenue segments as reported by the company.

Online Marketing Services

Other Revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Baidu

91 Wireless was one of China's largest app stores for Android. 91 Wireless claimed that more than 12.9 billion apps had been downloaded from its markets. Its platform included the products 91 Assistant and HiMarket. It was acquired in 2013 by Baidu for $1.9b.

91 Wireless

Baidu, Inc. engages in the provision of internet search and online marketing solutions. The firm’s products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor or Baidu IME and Overseas Products. It operates through the following segments: Baidu Core and iQIYI. The Baidu Core segment provides search-based, feed-based, and other online marketing services. The iQiyi segment is an online entertainment service provider, which offers original, professionally produced and partner-generated content on its platform. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Baidu reports strong Q1 earnings driven by AI innovation

Baidu's Q1 2023 performance reflects robust revenue growth and profitability in key segments, driven by AI innovation and operational efficiency.
While facing challenges in market entry barriers and competitive pressures, Baidu's strengths in AI capabilities and efficiency enhancements position it for growth.
Opportunities lie in leveraging ERNIE Bot across sectors, expanding service offerings, and solidifying its position as a cloud market leader.

Baidu reports robust Q2 performance driven by AI innovations

Baidu's AI-driven revenue growth in online marketing and AI Cloud, coupled with advancements in autonomous driving, underpin its strategic focus on AI innovation and sustainable growth.
The company's strengths in AI capabilities, competitive architecture, and long-term investments position it well for future growth, despite challenges in regulatory compliance and margin improvement.
Opportunities lie in expanding AI applications across industries, scaling autonomous driving operations, and capitalizing on the intelligent driving trend in the auto industry.

Baidu excels in Q3 with AI innovation driving growth

Baidu's Q3 performance reflects resilience amidst challenges, driven by AI innovation and strong financial fundamentals. The company navigates macro headwinds while capitalizing on AI opportunities and optimizing operations for sustained growth.

Baidu reports revenue growth and AI advancements in Q4 2023

Baidu's Q4 2023 performance showed revenue growth and margin expansion, driven by advancements in AI and strategic partnerships
While challenges in cost management persist, opportunities in revenue growth and enterprise adoption of AI technologies are on the horizon

Baidu's Q1 2024 earnings show AI focus and steady growth

Baidu reported steady revenue growth, disciplined cost management, and a strategic shift towards AI-first business. The company's focus on high-quality growth, share buyback programs, and AI-driven opportunities positions it well for future success.

Baidu excels in Q2 with robust AI growth and autonomous progress

Baidu's Q2 performance reflects strong revenue growth, particularly in AI cloud and Baidu Core segments. The company's strategic focus on AI investments and autonomous vehicles is driving innovation and enhancing user experience. While facing challenges in a competitive landscape, Baidu has opportunities to capitalize on AI advancements for sustainable growth.

Baidu excels in Q3 with AI cloud growth and strategic investments

Baidu's Q3 2024 performance reflects strong revenue growth and operational efficiency, driven by AI cloud services and technological advancements.
While facing challenges in cost management and monetization strategies, the company's strategic focus on AI capabilities and financial resilience position it for future growth.
Opportunities in AI cloud expansion, ERNIE advancements, and strategic investments present avenues for Baidu to enhance market leadership and drive long-term success.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

U.S. listed China stocks rallied fueled by the Hang Seng Index hitting its highest level in three months.

Baidu Advances With These Two China Stocks Leading Nasdaq 100 As Hang Seng Index Hits Three-Month Highs

Amazon

Artificial intelligence (AI) can add $15.7 trillion to the global economy by 2030, with $6.6 trillion expected to derive from an increase in productivity. Billionaire money managers weren't shy about reducing their stakes in leading AI stock Nvidia during the fourth quarter.

Forget Nvidia: Billionaire Investors Are Selling It and Buying These 2 Artificial Intelligence (AI) Stocks Instead

Advanced Micro Devices

Alteryx

Alibaba

Alphabet

NVIDIA

Palantir Technologies

An article in the Wall Street Journal from July 2023 indicated that the AI Cloud boom has created significant opportunities for multiple firms in their stocks. The thrust of the article was that Cloud providers largely remained incapable of supporting large AI applications.

7 Stocks That Can Ride the AI Cloud Boom to New Heights

Ambev

AstraZeneca

British American Tobacco

Anheuser-Busch InBev

GlaxoSmithKline

Imperial Brands PLC

JD.com

Kao Corp

Kone Oyj

Medtronic

Nestle SA

Omron Corp

Pernod Ricard SA

Reckitt Benckiser Group PLC

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison. We share the heat map of the most investable candidates that may be worth your time for further analysis.

International Wide-Moat Stocks On Sale - The March 2024 Heat Map

Adobe

CrowdStrike

Intel

Intuit

We all love – or at least marvel – at the stratospheric run of semiconductor giant Nvidia (NASDAQ: NVDA ) thanks to the artificial intelligence boon. But it also raises a question about underappreciated AI stocks to buy.

Beyond Nvidia: 7 Underappreciated AI Stocks to Buy Now

BYD Company Limited

Lennar

Mastercard

Microsoft

Netflix

Spotify

Growth stocks to buy can potentially redefine your portfolio's performance. Amid a bullish market, savvy investors are pursuing businesses with an unyielding trajectory of top-and-bottom-line expansion.

The Top 7 Growth Stocks to Buy in March 2024

The start of round-the-clock operations comes as the third major operational expansion of Baidu's robotaxi service in 2024. In Feb 2024, Baidu was approved for robotaxi pilot operation on highways to Beijing Daxing Airport, making Beijing the world's first capital city to launch airport robotaxi service.

Baidu Launches China's First 24/7 Robotaxi Service

Cheniere Energy

STMicroelectronics NV ADR RegS

In many cases, overlooked value stocks represent a clear mixed bag. Yes, companies that underperform certain benchmarks or expectations are technically “undervalued.

The 3 Most Overlooked Value Stocks on Wall Street

Baidu (BIDU) continues to position itself well in the AI boom while its recent earnings numbers reflect a turnaround.

Baidu's (BIDU) AI Positioning May Turn Around its Fortune

For investors looking to 10x their wealth, picking the right stocks and sticking with it long-term is the way to go. Of course, the question is how to find the right growth stocks, and which sectors are worth considering.

Millionaire-Makers: 3 Top '10x' Growth Stocks to Buy Now

Baidu's shares are trading near 1-year lows despite better-than-expected earnings for Q4. The company's AI chatbot, Ernie, is seeing momentum and is being integrated into Baidu's digital marketing platform. Baidu launched a paid version of its AI chatbot in Q4 as well. Baidu's operating income and free cash flow are growing three times faster than its revenues. FCF margins are expanding.

Baidu: A Cheap AI Play Ignored By The Market

Forget Nvidia: These 2 Artificial Intelligence (AI) Stocks Are Considerably Cheaper and Not in a Bubble

Sirius XM Holdings Inc

Sirius XM and Baidu were growth stock darlings a decade ago. The narrative has changed, but the upside is there for a different reason.

2 Stocks That Can Bounce Back in March

Baidu reported results that highlight the weakening Chinese economy. The ongoing crisis in China's real estate market isn't helping.

Why Baidu, Alibaba, and Other Chinese Stocks Sank on Wednesday

Baidu, Inc. (BIDU) Q4 2023 Earnings Call Transcript

Baidu (NASDAQ: BIDU ) stock is in the red after the Chinese search engine and artificial intelligence (AI) company reported fourth-quarter earnings. For the period, revenue rose by 6% year-over-year (YOY) to 34.95 billion yuan, or $4.92 billion, just barely below the analyst estimate for 34.97 billion yuan.

What Q4 Baidu Earnings Say About the Outlook for BIDU Stock

Baidu stock was trading lower Wednesday on Q4 results that topped estimates for earnings, with revenue just below consensus.

Baidu Stock Falls On Mixed Quarter; Chinese Search Giant Eyes AI Growth

Chinese search-engine giant Baidu posted record quarterly revenue and higher adjusted profit, helped by higher ad spending and the rising profile of its ChatGPT-rival chatbot.

Baidu Posts Record Revenue Amid Search for New Growth Engines

China's Baidu fell short of analysts' estimates for fourth-quarter revenue on Wednesday, as advertisers kept a tight leash on their spending budgets amid an uneven economic recovery in the Asian powerhouse.

China's Baidu quarterly revenue misses estimates

BEIJING , Feb. 28, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong Internet foundation, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023. "Baidu Core reported another solid quarter," said Robin Li, Co-founder and CEO of Baidu.

Baidu Announces Fourth Quarter and Fiscal Year 2023 Results

Baidu's (BIDU) fourth-quarter results are likely to reflect the benefits of its AI business and growing autonomous driving efforts amid uncertainties in China.

Baidu (BIDU) to Report Q4 Earnings: What's in the Offing?

Mobileye Global Inc

Tesla

Artificial intelligence (AI) could add more than $15 trillion to worldwide gross domestic product by 2030. Although Nvidia has become the face of the AI revolution, it'll be hard-pressed to keep up its staggering momentum.

Forget Nvidia: These 3 Artificial Intelligence (AI) Stocks Have Up to 203% Upside, According to Select Wall Street Analysts

Baidu shares have underperformed global tech peers despite its strong position in the AI space in China. The stock is attractively valued at 11x forward P/E, especially after recent turmoil in the Chinese stock market and overreactions to news about the Chinese military usage of its AI suite. Baidu's AI adoption rates among enterprises are expected to drive stock upside, and the company expects ad revenue growth to surpass GDP growth in FY24E.

Baidu: An Unloved AI-Related Name

Amidst multiple years of market losses in China, geopolitical tensions, and a prolonged property crisis, some U.S. asset managers remain undeterred, seeing potential in Chinese stocks. Furthermore, several heavyweight Chinese U.S. listed stocks might have bottomed out recently, providing a potentially excellent risk: reward opportunity.

3 Chinese stocks poised for rebound

QUALCOMM

AI stocks with “Strong Buy” ratings are likely to become the major investment theme this year, similar to 2023. AI emerged out of nowhere to rock the world last year, steering the stock market with unwavering influence.

News for Baidu Stock (BIDU)