← Baidu, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $10.2b |
$13.0b
+28.27%
|
$14.9b
+14.13%
|
$15.4b
+3.72%
|
$16.4b
+6.36%
|
$19.5b
+19.05%
|
$18.3b
-6.48%
|
$19.0b
+3.78%
|
$18.2b
-3.80%
|
$18.5b
+1.20%
|
$128.7b
+597.27%
|
|
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | $16.4b | $19.5b | $17.9b | $19.0b | $18.2b | $18.5b | — | |
| Cost of Revenue | $5.1b |
$6.6b
+30.26%
|
$7.5b
+13.70%
|
$9.0b
+19.96%
|
$8.5b
-6.36%
|
$10.1b
+19.38%
|
$9.3b
-8.15%
|
$9.2b
-1.19%
|
$9.1b
-1.12%
|
$10.4b
+14.38%
|
$74.5b
+619.62%
|
|
| Gross Profit (Calculated) | $5.1b |
$6.4b
+26.28%
|
$7.3b
+14.58%
|
$6.4b
-12.91%
|
$8.0b
+24.29%
|
$9.4b
+18.70%
|
$8.7b
-8.28%
|
$9.8b
+13.13%
|
$9.2b
-6.30%
|
$8.1b
-11.78%
|
— | |
| Research and Development Expense | $1.5b | $2.0b | $2.3b | $2.6b | $3.0b | $3.9b | $3.4b | $3.4b | $3.0b | $2.9b | $20.3b | |
| Selling, General and Administrative Expense | $2.2b | $2.0b | $2.8b | $2.9b | $2.8b | $3.9b | $3.0b | $3.3b | $3.2b | $3.7b | $24.8b | |
| Marketing and Advertising Expense | $1.1b | $700.0m | $1.5b | $1.5b | $1.3b | $1.9b | $1.5b | $1.9b | $1.9b | $2.2b | — | |
| Amortization of Intangible Assets | $670.6m | $1.2b | — | — | — | — | — | — | — | — | — | |
| Operating expenses: | ||||||||||||
| Operating Income (Loss) | $1.4b |
$2.4b
+66.51%
|
$2.3b
-6.27%
|
$906.0m
-59.89%
|
$2.2b
+142.60%
|
$1.7b
-24.89%
|
$2.3b
+39.73%
|
$3.1b
+33.42%
|
$2.9b
-5.33%
|
($833.0m)
-128.59%
|
$9.1b
+1186.67%
|
|
| Financing Interest Expense | — | $288.0m | $232.0m | — | — | — | — | — | — | — | — | |
| Interest Expense, Debt | $166.7m | $248.0m | $274.0m | $425.0m | $476.0m | $537.0m | $422.0m | $457.0m | $387.0m | $398.0m | $2.6b | |
| Interest Income, Operating | — | $543.0m | $483.0m | — | — | — | — | — | — | — | $7.9b | |
| Investment Income, Interest | $337.3m | $485.0m | $647.0m | $870.0m | $822.0m | $871.0m | $905.0m | $1.1b | $1.1b | $1.2b | — | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $18.0m | $30.0m | $41.0m | — | $13.0m | $35.0m | $5.0m | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | $73.2m | ($74.0m) | ($18.0m) | ($5.0m) | ($101.0m) | $16.0m | ($215.0m) | $84.0m | $147.0m | ($321.0m) | — | |
| Gain (Loss) on Investments | $716.0m | $499.0m | $1.1b | $332.0m | $1.8b | $617.0m | ($581.0m) | $530.0m | $356.0m | $1.1b | — | |
| Other income (expense): | ||||||||||||
| Other Nonoperating Income (Expense) | $546.4m | $707.0m | $1.4b | ($1.2b) | $1.4b | ($164.0m) | ($832.0m) | $252.0m | $251.0m | $825.0m | — | |
| Income (Loss) from Equity Method Investments | ($147.7m) | ($10.0m) | ($11.0m) | ($180.0m) | ($345.0m) | ($146.0m) | ($277.0m) | ($535.0m) | ($95.0m) | $457.0m | — | |
| Nonoperating Income (Expense) | $642.4m | $860.0m | $1.7b | ($955.0m) | $1.3b | $40.0m | ($841.0m) | $472.0m | $1.0b | $1.8b | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $2.6b | $3.4b | $3.4b | $1.9b | $3.0b | $2.4b | $2.7b | $4.0b | $3.4b | $374.0m | $1.5b | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $2.1b | $3.3b | $4.0b | ($49.0m) | $3.5b | $1.7b | $1.5b | $3.5b | $3.9b | $960.0m | $1.5b | |
| Current Income Tax Expense (Benefit) | $498.6m | $649.0m | $900.0m | $511.0m | $716.0m | $571.0m | $459.0m | $537.0m | $467.0m | $362.0m | $610.0m | |
| Income Tax Expense (Benefit) | $419.6m | $460.0m | $690.0m | $279.0m | $623.0m | $500.0m | $374.0m | $514.0m | $609.0m | $180.0m | $610.0m | |
| Net Income (Loss) Attributable to Parent | $1.7b |
$2.8b
+67.84%
|
$4.0b
+42.60%
|
$296.0m
-92.62%
|
$3.4b
+1063.51%
|
$1.6b
-53.40%
|
$1.1b
-31.71%
|
$2.9b
+161.04%
|
$3.3b
+13.77%
|
$799.0m
-75.45%
|
$391.0m
-51.06%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | $1.6b |
$2.8b
+76.48%
|
$4.0b
+41.78%
|
$285.0m
-92.86%
|
$3.4b
+1103.86%
|
$1.6b
-54.82%
|
$1.0b
-34.84%
|
$2.8b
+173.27%
|
$3.2b
+15.00%
|
$667.0m
-78.99%
|
$391.0m
-41.38%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | ($5.3m) | ($2.0m) | ($726.0m) | ($624.0m) | ($528.0m) | ($414.0m) | ($4.0m) | $175.0m | $57.0m | ($19.0m) | $391.0m | |
| Additional Financial Items | ||||||||||||
| Capitalized Computer Software, Amortization | $971k | $1.0m | — | — | — | — | — | — | — | — | — | |
| Costs and Expenses | $8.7b | $10.6b | $12.6b | $14.5b | $14.2b | $17.9b | $15.6b | $15.9b | $15.3b | $19.3b | — | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | $354.0m | $668.0m | $356.0m | $106.0m | $40.0m | $38.0m | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | $0 | $0 | $0 | — | $16.2b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.