Baidu
BIDU
85.30
-1.75
-2.01%
Baidu
US · BIDU
#688 by market cap
Listed 2005
85.30
-1.75
-2.01%
Live - 5344 symbols - heartbeat 42s ago
· 2026-10-08 09:00
Pre-market
84.20
-1.29%
After-hours
85.53
+0.27%
Overnight
83.93
-1.61%
- Market cap
- 29.02B
- P/E (TTM)i
- -36.47
- P/Bi
- 0.72
- EPSi
- 1.75
- Div yieldi
- 0.00%
- 52W posi
- 2%
Reader sentiment
Are you bullish or bearish on BIDU?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Weak
- Altman Z-Score is 1.20, below the 1.8 "distress zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 8 years
Latest year -3.04% YoY
Margins
- Gross margin
- 43.88%
- Operating margin
- 8.03%
- Net margin
- 3.61%
Key ratios & quality
- Enterprise valuei
- 6.73B
- Altman Z-Scorei
- 1.20
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 102.28B | 107.41B | 107.07B | 124.49B | 123.68B | 134.60B | 133.13B | 129.08B |
| Gross profit | 50.53B | 44.56B | 51.92B | 60.18B | 59.74B | 69.57B | 67.02B | 56.64B |
| Selling & admin expenses | 19.23B | 19.91B | 18.06B | 24.72B | 20.51B | 23.52B | 23.62B | 25.84B |
| Research & development | 15.77B | 18.35B | 19.51B | 24.94B | 23.32B | 24.19B | 22.13B | 20.43B |
| Operating profit | 15.53B | 6.31B | 14.34B | 10.52B | 15.91B | 21.86B | 21.27B | 10.37B |
| Pretax profit | 27.33B | -340.00M | 23.09B | 10.78B | 10.11B | 25.20B | 28.62B | 6.72B |
| Tax | 4.74B | 1.95B | 4.06B | 3.19B | 2.58B | 3.65B | 4.45B | 1.26B |
| Net profit | 22.58B | -2.29B | 19.03B | 7.59B | 7.53B | 21.55B | 24.18B | 5.46B |
| Basic EPS | 79 | 6 | 66 | 29 | 20 | 56 | 66 | 14 |
| Diluted EPS | 78.93 | 5.60 | 64.96 | 28.08 | 19.84 | 55.12 | 65.92 | 11.76 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 32.45B | 32.71B | 31.17B | 32.74B | 32.08B | 31.33B |
| Gross profit | 14.97B | 14.36B | 12.86B | 14.46B | 12.49B | 12.23B |
| Selling & admin expenses | 5.91B | 5.96B | 6.58B | 7.39B | 4.91B | 4.60B |
| Research & development | 4.54B | 5.12B | 5.18B | 5.59B | 4.38B | 4.61B |
| Operating profit | 4.51B | 3.28B | 1.10B | 1.48B | 3.19B | 3.02B |
| Pretax profit | 9.00B | 8.14B | -13.15B | 2.73B | 3.82B | 3.21B |
| Tax | 1.18B | 881.00M | -1.83B | 1.03B | 528.00M | 1.00B |
| Net profit | 7.82B | 7.26B | -11.32B | 1.70B | 3.29B | 2.21B |
| Basic EPS | 22 | 21 | -34 | 4 | 9 | 6 |
| Diluted EPS | 21.60 | 20.32 | -33.84 | 3.68 | 8.80 | 5.68 |
Balance sheet
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Total current assets | 155.09B | 165.56B | 183.34B | 213.32B | 212.85B | 230.26B | 168.85B | 151.97B |
| Cash & ST investments | 139.26B | 146.37B | 162.18B | 180.09B | 174.00B | 193.90B | 127.44B | 115.27B |
| Inventory | -- | -- | 618.00M | 1.48B | 1.23B | 1.40B | 5.99B | 6.20B |
| Total assets | 297.57B | 301.32B | 332.71B | 380.03B | 390.97B | 406.76B | 427.78B | 449.16B |
| Total current liabilities | 56.85B | 57.38B | 68.39B | 74.49B | 79.63B | 76.45B | 80.95B | 86.33B |
| Short-term debt | 10.00B | 10.86B | 17.56B | 17.54B | 23.36B | 22.20B | 22.41B | 31.87B |
| Long-term debt | 54.90B | 58.19B | 60.34B | 68.40B | 63.18B | 57.36B | 51.94B | 61.10B |
| Total liabilities | 121,814,000,000.00 | 128,501,000,000.00 | 140,865,000,000.00 | 156,082,000,000.00 | 153,168,000,000.00 | 144,151,000,000.00 | 144,168,000,000.00 | 159,431,000,000.00 |
| Total equity | 175.75B | 172.82B | 191.84B | 223.95B | 237.81B | 262.61B | 283.61B | 289.73B |
| Retained earnings | 129.25B | 126.27B | 135.28B | 145.16B | 148.34B | 161.24B | 180.07B | 177.69B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 175.83B | 157.22B | 158.29B | 151.97B | 155.29B | 207.36B |
| Cash & ST investments | 141.77B | 123.87B | 124.82B | 115.27B | 116.89B | 166.25B |
| Inventory | -- | -- | -- | 6.20B | -- | 8.29B |
| Total assets | 453.98B | 450.57B | 444.07B | 449.16B | 449.57B | 469.93B |
| Total current liabilities | 76.86B | 85.13B | 83.01B | 86.33B | 83.85B | 89.12B |
| Short-term debt | 21.89B | 31.65B | 30.97B | 31.87B | 28.92B | 34.01B |
| Long-term debt | 75.05B | 55.55B | 62.11B | 61.10B | 61.27B | 73.48B |
| Total liabilities | 163,908,000,000.00 | 152,657,000,000.00 | 156,473,000,000.00 | 159,431,000,000.00 | 157,218,000,000.00 | 174,835,000,000.00 |
| Total equity | 290.07B | 297.91B | 287.60B | 289.73B | 292.35B | 295.10B |
| Retained earnings | -- | -- | -- | 177.69B | -- | 177.60B |
Cash flow
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 35.97B | 28.46B | 24.20B | 20.12B | 26.17B | 36.62B | 21.23B | -3.01B |
| Depreciation & amortization | 18.63B | 22.14B | 22.71B | 22.56B | 20.08B | 21.46B | 20.52B | 21.35B |
| Free cash flow | 13.69B | 9.34B | 18.87B | 8.88B | 17.78B | 25.32B | 12.98B | -16.43B |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -3.31B | -4.96B | -13.05B | 12.29B | -1.93B | -4.76B | -6.32B | -5.54B |
| Ending cash balance | 29.83B | 34.44B | 36.54B | 47.67B | 65.24B | 37.57B | 36.59B | 24.83B |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -6.00B | -877.00M | 1.26B | 2.61B | 2.67B | 3.44B |
| Depreciation & amortization | -- | -- | -- | -- | -- | -- |
| Free cash flow | -6.00B | -877.00M | 1.26B | -4.11B | 2.67B | -13.87B |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -- | -- | -- | -- | -- | -- |
| Ending cash balance | 49.88B | 31.07B | 39.80B | 24.83B | 30.53B | 24.69B |
Returns & efficiency
| Line item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| ROE %i | 19.73 | 1.21 | 12.98 | 5.19 | 3.48 | 8.39 | 9.14 | 1.76 |
| ROA %i | 9.99 | 0.66 | 7.09 | 2.87 | 1.96 | 4.91 | 5.55 | 1.06 |
| ROIC %i | 13.09 | -0.15 | 8.21 | 3.07 | 1.64 | 4.83 | 5.61 | -0.02 |
| 5-year avg ROE %i | 26.09 | 20.47 | 12.91 | 11.34 | 8.45 | 6.17 | 7.74 | 5.50 |
| EBIT margin %i | 28.56 | 2.44 | 24.46 | 11.41 | 10.53 | 21.13 | 23.62 | 7.36 |
| FCF / sales %i | 13.30 | 8.69 | 17.62 | 7.13 | 14.37 | 18.81 | 9.75 | -- |
| Current ratioi | 2.73 | 2.89 | 2.68 | 2.86 | 2.67 | 3.01 | 2.09 | 1.76 |
| Quick ratioi | 2.61 | 2.75 | 2.54 | 2.62 | 2.45 | 2.75 | 1.75 | 1.53 |
| Debt / assetsi | 21.81 | 24.40 | 24.82 | 24.08 | 23.37 | 20.80 | 18.54 | 21.61 |
| LT debt / equityi | 33.70 | 38.31 | 35.59 | 34.98 | 30.42 | 25.61 | 21.59 | 24.48 |
| Interest coveragei | 15.51 | 0.89 | 8.44 | 4.15 | 4.47 | 8.76 | 11.14 | 3.41 |
| Revenue CAGR (3Y) %i | 15.50 | 15.04 | 8.08 | 6.77 | 4.81 | 7.92 | 2.26 | 1.44 |
| Net income CAGR (3Y) %i | -6.44 | -43.87 | 7.08 | -28.15 | 54.32 | -3.31 | 32.45 | -9.57 |
| FCF CAGR (3Y) %i | 4.51 | -7.94 | -0.10 | -13.44 | 23.94 | 10.30 | 13.47 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 9.83 | 10.33 | -- | 1.76 | 0.15 | -1.69 |
| ROA %i | 5.86 | 6.30 | -- | 1.06 | 0.09 | -1.00 |
| ROIC %i | 5.82 | 6.37 | -- | -0.02 | -0.76 | -2.25 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 25.17 | 26.44 | -- | 7.36 | 3.23 | -0.68 |
| FCF / sales %i | 0.56 | -- | -- | -- | -- | -- |
| Current ratioi | 2.29 | 1.85 | 1.91 | 1.76 | 1.85 | 2.33 |
| Quick ratioi | 2.00 | 1.60 | 1.65 | 1.53 | 1.57 | 2.06 |
| Debt / assetsi | 22.48 | 20.38 | 21.90 | 21.61 | 20.94 | 24.02 |
| LT debt / equityi | 29.72 | 21.88 | 25.05 | 24.48 | 24.25 | 29.03 |
| Interest coveragei | 11.80 | 12.47 | -- | 3.41 | 1.59 | -0.34 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
✦ Quant Revenue Concentration how this is computed
Single-engine
- Baidu Core is the largest reported line at 79.40% of revenue, across 3 reported segments.
- The next-largest line, iQiyi, is a distant second at 21.14% - a sharp slowdown here would have little to offset it.
Revenue breakdown most recent period
Business
Baidu Core79.40%
iQiyi21.14%
Region
People’s Republic of China (PRC)100.00%
Quote time 2026-10-08 09:00:07 · For reference only, not investment advice and not tailored to your situation.