Sunday 11 October 2026 Export all BIDU data to Excel Powerpack

Baidu, Inc.

BIDU Communication Services Internet Content & Information

Baidu, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.5 billion, up 1.21% from fiscal 2024. In the quarter to June 2026, revenue grew 1.09%, EPS fell 69.2%, free cash flow fell 128.9% and total debt rose 18.6%, each against the same quarter a year earlier.

85.33 1.41 +1.68%

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Market cap: $23.2B
P/E: 0.0×
Fwd P/E: 17.5×
Dividend yield: —
F-score: 2/9
Altman Z: 2.06
Beneish M: −2.03
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 2.00

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	1	—	—	—	—	—

Insider Ownership 18.68%

Capital & Financial Ratios $m

Market Cap 23,180.00

Revenue 18,686.00

Net Income 780.00

Free Cash Flow 74.00

Net Debt (12,601.00)

Current Ratio 2.33

Debt/Equity 0.29

P/E ratio 0.00

Fwd P/E 17.50

P/S ratio 1.55

P/B ratio 0.73

Past 5Y EPS Growth (25.58%)

This Y EPS Growth (27.10%)

Next Y EPS Growth 20.45%

Next Y revenue growth 2.80%

Next 5Y EPS Growth 1.32%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 1.40%

10-year low 10-year high

P/B against its own 10 years 0.33%

10-year low 10-year high

EV/Sales against its own 10 years 5.35%

10-year low 10-year high

EV/FCF against its own 10 years 90.22%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	28,931	19,061	16,515	24,527
Receivables	1,729	1,492	1,964	2,095
Inventory	—	—	—	—
Other	1,772	2,580	3,253	3,940
	32,432	23,133	21,732	30,562

	2023	2024	2025	Q'26
Payables	5,538	5,923	5,561	6,169
ST’ Debt	395	56	2,320	299
Other	2,060	2,003	1,866	1,889
	10,768	11,091	12,344	13,134

Compound Annual Growth %

	10y	5y	3y
Sales	6.06%	2.38%	0.97%
Cash Flow	0.00%	0.00%	0.00%
Earnings	(17.08%)	(25.34%)	(7.51%)
Book Value	12.31%	6.46%	5.94%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,650	4,617	—	—	—
’25	4,472	4,567	4,379	5,040	18,458
’24	4,365	4,669	4,782	4,422	18,238
’23	4,535	4,697	4,721	5,005	18,958
’22	4,482	4,426	4,574	4,449	17,931
’21	4,294	4,855	4,954	5,433	19,536
’20	3,184	3,685	4,158	5,383	16,410

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	(431)	(431)
’24	—	—	—	2,909	2,909
’23	—	—	—	—	5,157
’22	295	—	—	—	3,794
’21	628	1,231	518	3,158	3,158
’20	316	1,470	1,161	3,709	3,709

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	—	—	—	—	—
’25	—	—	—	(431)	(2,349)
’24	—	—	—	2,909	1,778
’23	852	1,493	1,236	5,157	3,566
’22	295	1,155	1,224	3,794	2,577
’21	628	1,231	518	3,158	1,394
’20	316	1,470	1,161	3,709	2,892

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.27	0.85	—	—	—
’25	2.98	2.84	(4.76)	0.97	2.27
’24	2.07	2.07	3.08	1.95	9.03
’23	2.32	1.95	2.50	0.95	7.76
’22	(0.45)	1.49	(0.12)	1.97	2.88
’21	11.26	(0.26)	(7.48)	0.71	4.40
’20	0.00	1.46	5.86	2.31	9.96

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	139.61	165.82	154.61	93.39	82.00	132.14	73.58	103.32	78.95	74.71	Analyst estimates 2026–2028 Powerpack
	High	201.00	274.97	284.22	186.22	225.35	354.82	171.87	160.88	119.75	149.51
People
People	Employees	45,887	39,343	42,267	37,779	41,000	45,500	41,300	39,800	35,900	33,500
	Revenue/emp, $m	0.22	0.33	0.35	0.41	0.40	0.43	0.43	0.48	0.51	0.55
Income, $m
Income, $m	Revenue	10,161	13,034	14,876	15,429	16,410	19,536	17,931	18,958	18,238	18,458
	Gross margin, %	49.99	49.22	49.41	41.49	48.48	48.34	48.31	51.69	50.35	43.88
	EBT	2,090	3,270	3,974	(49)	3,539	1,691	1,466	3,550	3,921	960
	EBT margin, %	20.57	25.09	26.71	(0.32)	21.57	8.66	8.18	18.73	21.50	5.20
	Net income	1,670	2,810	3,284	(328)	2,916	1,191	1,092	3,036	3,312	780
	Depreciation	1,199	1,806	2,355	2,753	3,481	3,540	2,912	3,022	2,811	3,054
Per share, $
Per share, $	Revenue	29.31	37.53	42.63	44.29	48.05	56.67	51.56	54.03	52.30	54.17
	Earnings	4.60	8.06	11.44	0.82	9.96	4.49	2.90	7.86	9.10	1.95
	Cash flow	9.25	14.55	14.99	11.74	10.86	9.16	10.91	14.70	8.34	(1.26)
	Capex	(4.34)	(6.16)	(9.30)	(7.88)	(2.39)	(5.12)	(3.50)	(4.53)	(3.24)	(5.63)
	Free cash flow	4.90	8.40	5.69	3.85	8.47	4.04	7.41	10.16	5.10	(6.89)
	Book value	38.33	52.83	72.95	70.80	84.70	98.69	95.65	101.61	107.54	116.06
	Shares, m	347	347	349	348	342	345	348	351	349	341
Valuation, ×
Valuation, ×	P/E	34.63	30.80	13.46	138.90	22.29	32.35	40.80	14.75	9.11	60.86
	P/S	5.74	6.46	3.72	2.85	4.50	2.63	2.31	2.13	1.61	2.41
	P/B	4.39	4.59	2.17	1.79	2.55	1.51	1.25	1.14	0.78	1.13
	EV/Sales	5.00	5.48	2.88	2.03	3.66	1.78	1.39	1.06	0.96	2.12
	EV/FCF	12.22	11.63	6.19	3.94	(160.79)	(3,037.10)	10.17	5.98	14.89	527.91
Cash, $m
Cash, $m	Operating cash flow	3,206	5,054	5,231	4,088	3,709	3,158	3,794	5,157	2,909	(431)
	Capex	(1,506)	(2,138)	(3,247)	(2,746)	(817)	(1,764)	(1,217)	(1,591)	(1,131)	(1,918)
	Free cash flow	1,700	2,916	1,984	1,342	2,892	1,394	2,577	3,566	1,778	(2,349)
Balance, $m
Balance, $m	Working capital	7,728	10,624	14,288	15,539	17,618	21,785	19,314	21,664	12,042	9,388
	Total debt	5,464	5,506	7,997	8,464	11,113	13,483	10,365	8,473	7,172	11,058
	Net debt	(7,521)	(12,795)	(12,576)	(12,704)	(13,860)	(16,475)	(16,505)	(20,458)	(11,889)	(5,457)
	Shareholders’ equity	13,287	18,344	25,459	24,663	28,926	34,022	33,261	35,654	37,503	39,548
Returns, %
Returns, %	ROA	6.83	8.67	9.78	0.68	7.31	2.90	1.74	4.84	5.62	1.30
	ROIC	15.69	27.14	10.96	4.73	9.12	5.88	8.61	12.66	7.11	(1.53)
	ROE	13.05	17.78	18.31	1.18	12.85	5.10	3.00	8.01	8.90	2.07

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
RDDT Reddit Inc.	$30.1B	35.0×	34.9×	+61.10% (above 0%: growing)	+172.92% (above 0%: growing)	+135.27% (above 0%: growing)	91.27%	28.79%	Compare
BIDU Baidu, Inc.	$23.2B	— (loss-making)	17.5×	+1.09% (above 0%: growing)	−69.18% (below 0%: shrinking)	−128.87% (below 0%: shrinking)	39.03%	9.66%
PINS Pinterest, Inc.	$11.6B	61.1×	41.1×	+18.17% (above 0%: growing)	n/m	+37.24% (above 0%: growing)	78.18%	(4.68%)	Compare
SNAP Snap Inc.	$9.9B	— (loss-making)	— (loss-making)	+18.89% (above 0%: growing)	n/m	+406.61% (above 0%: growing)	58.23%	(10.68%)	Compare
MTCH Match Group Inc.	$9.5B	13.7×	13.0×	−1.23% (below 0%: shrinking)	+43.14% (above 0%: growing)	+52.63% (above 0%: growing)	76.06%	28.77%	Compare
Z Zillow Group, Inc.	$6.6B	132×	139×	+17.86% (above 0%: growing)	n/m	−179.07% (below 0%: shrinking)	72.80%	(1.30%)	Compare
ZG Zillow Group, Inc.	$6.6B	135×	43.4×	+17.86% (above 0%: growing)	n/m	−179.07% (below 0%: shrinking)	72.80%	(1.30%)	Compare
BZ KANZHUN LIMITED Sponsored ADR	$6.0B	10.8×	11.7×	+20.45% (above 0%: growing)	+186.36% (above 0%: growing)	−2.17% (below 0%: shrinking)	86.97%	35.99%	Compare
BILI Bilibili Inc. Sponsored ADR	$5.0B	29.2×	29.7×	+15.10% (above 0%: growing)	+71.43% (above 0%: growing)	+130.65% (above 0%: growing)	37.22%	4.70%	Compare
Median of peers	$8.1B	35.0×	34.9×	+18.02%	+122.18%	+44.94%	74.43%	1.70%

All 77 Internet Content & Information stocks →

Baidu, Inc. (BIDU) key facts

Strength: Baidu, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $18.5 billion, up 1.21% from fiscal 2024.
Baidu, Inc. (BIDU) is an Internet Content & Information company in the Communication Services sector, traded in the US as an ADR.
As of October 9, 2026, BIDU traded at $85.33, a market capitalization of $23.2 billion.
Return on equity was 2.07% and debt-to-equity 0.29.
Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 2.06 (grey zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.