Company Analysis

Baidu, Inc. (BIDU)

Nasdaq: BIDU · Services-Computer Programming, Data Processing, Etc. · Beijing · filing with the SEC since 2005
Grade4.3
◀ Past 5.4● Present 4.7▶ Future 3.2
2 est.

Income statement, as filed

In millions of Chinese yuan (CNY), as filed; per-share figures in Chinese yuan. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 17, 2026Mar 28, 2025Mar 15, 2024Mar 22, 2023Mar 28, 2022Mar 9, 2021Mar 13, 2020Mar 15, 2019Mar 15, 2018Mar 31, 2017
Revenue129,079133,125134,598123,675124,493107,074107,413102,27784,80970,549
For lenders
Interest and dividend income·······3,3003,500·
Interest and investment income8,6027,9628,0096,2455,5515,3586,0604,4513,1542,342r
Cost of revenue72,43666,10265,03163,93564,31455,15862,85051,74443,06235,278r
Research and development20,43322,13324,19223,31524,93819,51318,34615,77212,92810,151r
Selling, general and administrative25,84323,62023,51920,51424,72318,06319,91019,23113,12815,071r
Total costs and expenses134,902111,855112,742107,764113,97592,734101,10686,74769,11860,500r
Operating income-5,82321,27021,85615,91110,51814,3406,30715,53015,69110,049r
Interest expense2,7842,8243,2482,9133,4213,1032,9601,8831,6151,158r
Share of profit of equity-method investments3,196-691-3,799-1,910-932-2,248-1,254-79-63-1,026r
Other income (expense), net5,7671,8291,785-5,737-1,0389,403-8,4609,4284,5983,794r
Total non-operating income (expense)12,5397,3523,342-5,7992608,750-6,64711,7955,5924,460r
Income before income taxes6,71628,62225,19810,11210,77823,090-34027,32521,28314,509r
Income tax expense1,2594,4473,6492,5783,1874,0641,9484,7432,9952,913r
Net income including non-controlling interests5,45724,17521,5497,5347,59119,026-2,28822,58218,28811,596r
Net income to non-controlling interests-1324151,234-25-2,635-3,446-4,345-4,991-13-36r
Net income5,58923,76020,3157,55910,22622,4722,05727,57318,30111,632r
Net income to common shareholders4,66323,17219,5986,9689,87622,3841,98027,44318,31811,075r
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerIncludingAssessedTax
us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet
Interest and dividend income what its loans and securities earnedus-gaap:InterestIncomeOperating
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseDebt
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
SI Assistanton BIDU · research, not advice