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.

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

Alibaba

JD.com

ADRs were getting hit following another down day for markets in the world's second-biggest economy.

Alibaba, JD.com, Baidu Stocks Slump. Why China Stimulus Skepticism Won't Go Away.

Chinese internet company Baidu has been seeking new growth engines in fields such as self-driving technology as its core advertising business has slowed in recent years.

Baidu Seeks to Roll out Robotaxi Service Outside China

Chinese tech company Baidu's robotaxi unit, Apollo Go, is in talks to expand overseas in the near future, according to a source familiar with the situation. Regulators in parts of Beijing and cities such as Wuhan — Apollo Go's largest operating region — have allowed companies to commercially operate self-driving taxis.

Baidu's robotaxi unit is exploring expansion into global markets in the 'near future'

Baidu is reportedly preparing to launch its autonomous taxi service, Apollo Go, outside of China. According to informed sources, the company is in talks with foreign automakers, ride-hailing platforms, and other tech companies to deploy Apollo Go through local partners.

Baidu Plans International Expansion for Autonomous Taxi Service Apollo Go

iShares China Large-Cap ETF

KraneShares CSI China Internet ETF

Li Auto Inc.

iShares MSCI China ETF

Pinduoduo Inc - ADR

Chinese stocks came under pressure on Tuesday after a disappointing update from the government tempered some of last month's exuberance that propelled Chinese stocks out of a bear market in recent weeks.

What's Next For Chinese Stocks After Stimulus Rally Stumbles?

NetEase

Trip.com

On Tuesday, major Chinese stocks experienced significant declines, leading to a 6.85% drop in the Nasdaq Golden Dragon China Index (HXC). Among those showing gains, Taiwan Semiconductor Manufacturing (TSM) rose by 0.86%, WSP Global (WSP) increased by 1.08%, and RLX Technology (RLX) edged up by 0.53%.

Chinese Tech Stocks Slump as Nasdaq's Golden Dragon Index Dips

The Nasdaq Golden Dragon China Index took a significant hit, dropping 5.4% in its initial trading phase, marking its steepest decline since March 2023. This downturn affected numerous popular Chinese stocks.

Nasdaq Golden Dragon Index Sees Largest Drop Since March 2023 as Chinese Stocks Decline

Weibo

U.S. stock futures were higher this morning, with the Dow futures gaining around 50 points on Tuesday.

Alibaba, Baidu, Weibo And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session

Dr. Michael Burry, the brilliant investor who bet against the housing market before the 2008 meltdown, is a smart investor who has no problems making the types of contrarian deep-value bets that would make most market participants feel incredibly uncomfortable.

2 Michael Burry Stocks to Buy on China's Stimulus Plan

Baidu , finance chief Rong Luo will step down from the role to lead its mobile ecosystem unit, the Chinese search engine giant said on Tuesday.

Baidu CFO Rong Luo steps down from role, to head mobile ecosystem unit

BEIJING , Oct. 8, 2024 /PRNewswire/ -- Baidu, Inc. ("Baidu" or the "Company") (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced certain management rotation. Mr. Rong Luo will be serving as Executive Vice President in charge of the Baidu Mobile Ecosystem Group (MEG), and no longer serve as Chief Financial Officer, effective immediately.

Baidu Announces Management Rotation

Citigroup

As the Chinese stock market reopens after the National Day holiday, investors are keen to see if the pre-holiday rally will continue. Goldman Sachs has raised its rating on Chinese stocks to "overweight," anticipating an increase in benchmark valuations.

Goldman and Citigroup Boost Ratings on Chinese Stocks Amid Positive Outlook

The most recent sentiment change in China pushed Baidu's stock higher - along with other technology companies like Tencent or Alibaba. Revenue from online advertising is still struggling, but AI Cloud is growing in the double digits and intelligent driving might also be a long-term driver of revenue growth. Baidu is still deeply undervalued even when calculating with rather low growth rates.

A More Bullish Sentiment Could Push Baidu Much Higher

Chow Tai Fook Jewellery Group Ltd

HSBC Holdings

Tencent Holdings Limited

China recently rolled out a massive stimulus program that lifted its equity market. Tech stocks like Alibaba and PDD Holdings were seen rallying through the week. However, many high-yield names that joined the rally were not as widely discussed in the media.

3 High-Yield Dividend Stocks Gaining From China's Stimulus

Recently, Chinese technology stocks have experienced a significant surge following the announcement of economic stimulus policies by the Chinese government. New buying activity has been identified as the primary driver of this growth, according to data from S3 Partners and JPMorgan.

Chinese Tech Stocks Surge Amid Economic Stimulus Policies, BABA Leads Growth

Chinese stocks are up 30% in the last five days (they're now historically overvalued). Investors seeking hyper growth (15%-plus growth for the next five-plus years) don't have to take on speculative risk buying Chinese ADRs. Here are 10 Super Sleep Well At Night quality blue chips that are 27% historically undervalued and have strong upside potential in the next year.

Forget Chinese Stocks And Buy These 23% Growth Blue Chips Instead

Futu Holdings

Ctrip.com

Chinese stocks experienced significant gains. Notably, Trip.com Group (CTRP, Financial) saw its shares increase by 8%.

Chinese Stocks Surge: CTRP, LI, JD, FUTU, BABA, BIDU Post Gains

KE Holdings

Bilibili

New Oriental Education & Technology Group

Lufax Holding

Taiwan Semiconductor Manufacturing

XPeng

Major Chinese stocks listed in the U.S. showed mixed results in recent trading, with the Nasdaq Golden Dragon China Index (HXC) closing down 2.37%. Notable gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose 2.09%, and Futu Holdings (FUTU, Financial), which saw an impressive increase of 8.81%.

Mixed Performance for Chinese Stocks with HXC Index Down 2.37%

Morgan Stanley anticipates that if the Chinese government unveils additional spending measures in the coming weeks, China's stock market might climb by 10% to 15%. This potential fiscal expansion has reignited investor interest in China, focusing on re-inflationary prospects.

Morgan Stanley Predicts Potential 15% Surge in Chinese Stocks

Fund managers are reallocating funds from other Asian markets to Chinese stocks, expecting them to be the "winners" of the year. This shift is supported by a series of favorable policies from China, leading to significant gains in the A-share market, which have caught the attention of global investors.

Foreign Investors Increase Positions in Chinese Stocks Amid Policy-Driven Rally

Chinese stocks surged, with the Nasdaq Golden Dragon China Index (HXC) closing up by 4.93%. Major gainers included Taiwan Semiconductor Manufacturing Company (TSM), which rose by 2.17%, Alibaba (BABA, Financial) by 2.23%, Pinduoduo (PDD) by 4.85%, and JD.com (JD) by 4.36%.

Major Gains in Chinese Stocks: Li Auto (LI) and Alibaba (BABA) Among Top Performers

Invesco China Technology ETF

SPDR S&P China ETF

Chinese stocks have entered a new bull market, driven by significant policy measures and momentum, but long-term investment risks remain high. Despite recent rallies, deteriorating fundamentals and extreme political risks make Chinese stocks a speculative and risky investment. Historical performance shows Chinese stocks underperforming significantly compared to US stocks, even with strong GDP growth.

1 Reason To Buy And 2 Reasons To Sell Chinese Stocks

Baidu just held an upbeat AI-focused conference. But beneath the hood, the caveats are notable. Still, at current prices, there remains far more reward than risk.

Baidu: Re-Evaluating The AI Outlook

Yum China Hlds

China's stock market is up almost 25% in a week. In three months, it could gain 10% more.

Why PDD Holdings, Baidu, and Yum China Stocks Keep Going Up

Tepper expressed exuberance in Chinese stocks following recent stimulus measures in the country.

News for Baidu Stock (BIDU)