BIDU · XBRL financial data

Baidu financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (BIDU's year ends in late December)

In millions of CNY	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	107,074	124,493	123,675	134,598	133,125	129,079
Cost of goods and services sold	55,158	64,314	63,935	65,031	66,102	72,436
Research and development	19,513	24,938	23,315	24,192	22,133	20,433
Selling, general and administrative	18,063	24,723	20,514	23,519	23,620	25,843
Operating income (loss)	14,340	10,518	15,911	21,856	21,270	(5,823)
Interest income	5,358	5,551	6,245	8,009	7,962	8,602
Interest expense	3,103	3,421	2,913	3,248	2,824	2,784
Other income (expense)	9,403	(1,038)	(5,737)	1,785	1,829	5,767
Income tax expense (benefit)	4,064	3,187	2,578	3,649	4,447	1,259
Net income (loss)	22,472	10,226	7,559	20,315	23,760	5,589

Fiscal years (BIDU's year ends in late December)

In millions of CNY	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	35,782	36,850	53,156	25,231	24,832	24,606
Short-term investments	126,402	143,243	120,839	168,670	102,608	90,661
Accounts receivable	8,668	9,981	11,733	10,848	10,104	12,972
Total current assets	183,342	213,315	212,850	230,255	168,849	151,970
Property and equipment, net	17,508	23,027	23,973	27,960	30,102	26,281
Right-of-use asset	9,804	12,065	10,365	10,851	10,898	8,610
Goodwill	22,248	22,605	22,477	22,586	22,586	36,783
Total assets	332,708	380,034	390,973	406,759	427,780	449,157
Accrued liabilities	8,301	9,868	8,845	8,959	8,747	8,962
Current portion of long-term debt	—	—	6,756	2,727	225	1,458
Total current liabilities	68,385	74,488	79,630	76,451	80,953	86,328
Lease liability, non-current	4,693	5,569	4,810	5,040	4,973	4,108
Total liabilities	140,865	156,082	153,168	144,151	144,168	159,431
Retained earnings	135,284	145,160	148,341	161,240	180,073	177,694
Total stockholders' equity	182,696	211,459	223,478	243,626	263,620	266,330
Total liabilities and equity	332,708	380,034	390,973	406,759	427,780	449,157

Fiscal years (BIDU's year ends in late December)

In millions of CNY	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	22,472	10,226	7,559	20,315	23,760	5,589
Stock-based compensation	6,728	7,056	6,788	6,345	4,784	3,605
Depreciation and amortization	5,700	5,700	6,200	7,100	6,600	7,400
Net cash from operating activities	24,200	20,122	26,170	36,615	21,234	(3,013)
Purchases of property and equipment	5,084	10,896	8,286	11,190	8,134	12,073
Net cash from investing activities	(27,552)	(31,444)	(3,944)	(50,397)	(8,555)	(25,136)
Proceeds from issuing common stock	0	19,873	0	—	—	—
Share repurchases	13,054	7,581	1,925	4,764	6,324	5,536
Net cash from financing activities	5,665	23,396	(6,390)	(14,162)	(13,759)	17,142
Net change in cash	2,101	11,131	17,565	(27,662)	(985)	(11,758)

SIC 7370 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7370 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.
A cell reading “year only” links to a 10-K that gives only the full year: without all three earlier quarters there is no fourth quarter to work out, and the year total is never shown as a quarter.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Baidu	24,606	year only	year only	not reported	Q4 FY25 20-FDec 31, 2025
Jianpu Technology	214	not reported	year only	400.5M	Q4 FY25 20-FDec 31, 2025
Alithya Group	16	year only	year only	not reported	Q4 FY25 40-FMar 31, 2025
AppLovin	3,174	2,185	1,429*	not reported	Q3 FY26 10-QSep 30, 2026
Bumble	190	207	56*	not reported	Q3 FY26 10-QSep 30, 2026
Bioregenx	0	0.4	0	971.6M	Q1 FY26 10-QMar 31, 2026
BTQ Technologies	not reported	not reported	not reported	not reported	—
Kanzhun	4,105	year only	year only	not reported	Q4 FY25 20-FDec 31, 2025
LataMed AI	0	not reported	(0.1)*	36.1M	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.