Revenue segments as reported by the company.

Online Marketing Services

Other Revenue

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Baidu

91 Wireless was one of China's largest app stores for Android. 91 Wireless claimed that more than 12.9 billion apps had been downloaded from its markets. Its platform included the products 91 Assistant and HiMarket. It was acquired in 2013 by Baidu for $1.9b.

91 Wireless

Baidu, Inc. engages in the provision of internet search and online marketing solutions. The firm’s products and services include Baidu App, Baidu Search, Baidu Feed, Haokan, Quanmin, Baidu Post Bar, Baidu Knows, Baidu Encyclopedia, Baidu Input Method Editor or Baidu IME and Overseas Products. It operates through the following segments: Baidu Core and iQIYI. The Baidu Core segment provides search-based, feed-based, and other online marketing services. The iQiyi segment is an online entertainment service provider, which offers original, professionally produced and partner-generated content on its platform. The company was founded by Yanhong Li and Xu Yong on January 18, 2000 and is headquartered in Beijing, China.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Baidu reports strong Q1 earnings driven by AI innovation

Baidu's Q1 2023 performance reflects robust revenue growth and profitability in key segments, driven by AI innovation and operational efficiency.
While facing challenges in market entry barriers and competitive pressures, Baidu's strengths in AI capabilities and efficiency enhancements position it for growth.
Opportunities lie in leveraging ERNIE Bot across sectors, expanding service offerings, and solidifying its position as a cloud market leader.

Baidu reports robust Q2 performance driven by AI innovations

Baidu's AI-driven revenue growth in online marketing and AI Cloud, coupled with advancements in autonomous driving, underpin its strategic focus on AI innovation and sustainable growth.
The company's strengths in AI capabilities, competitive architecture, and long-term investments position it well for future growth, despite challenges in regulatory compliance and margin improvement.
Opportunities lie in expanding AI applications across industries, scaling autonomous driving operations, and capitalizing on the intelligent driving trend in the auto industry.

Baidu excels in Q3 with AI innovation driving growth

Baidu's Q3 performance reflects resilience amidst challenges, driven by AI innovation and strong financial fundamentals. The company navigates macro headwinds while capitalizing on AI opportunities and optimizing operations for sustained growth.

Baidu reports revenue growth and AI advancements in Q4 2023

Baidu's Q4 2023 performance showed revenue growth and margin expansion, driven by advancements in AI and strategic partnerships
While challenges in cost management persist, opportunities in revenue growth and enterprise adoption of AI technologies are on the horizon

Baidu's Q1 2024 earnings show AI focus and steady growth

Baidu reported steady revenue growth, disciplined cost management, and a strategic shift towards AI-first business. The company's focus on high-quality growth, share buyback programs, and AI-driven opportunities positions it well for future success.

Baidu excels in Q2 with robust AI growth and autonomous progress

Baidu's Q2 performance reflects strong revenue growth, particularly in AI cloud and Baidu Core segments. The company's strategic focus on AI investments and autonomous vehicles is driving innovation and enhancing user experience. While facing challenges in a competitive landscape, Baidu has opportunities to capitalize on AI advancements for sustainable growth.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

China's Baidu fell short of analysts' estimates for fourth-quarter revenue on Wednesday, as advertisers kept a tight leash on their spending budgets amid an uneven economic recovery in the Asian powerhouse.

China's Baidu quarterly revenue misses estimates

BEIJING , Feb. 28, 2024 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong Internet foundation, today announced its unaudited financial results for the quarter and fiscal year ended December 31, 2023. "Baidu Core reported another solid quarter," said Robin Li, Co-founder and CEO of Baidu.

Baidu Announces Fourth Quarter and Fiscal Year 2023 Results

Baidu's (BIDU) fourth-quarter results are likely to reflect the benefits of its AI business and growing autonomous driving efforts amid uncertainties in China.

Baidu (BIDU) to Report Q4 Earnings: What's in the Offing?

Mobileye Global Inc

Tesla

Artificial intelligence (AI) could add more than $15 trillion to worldwide gross domestic product by 2030. Although Nvidia has become the face of the AI revolution, it'll be hard-pressed to keep up its staggering momentum.

Forget Nvidia: These 3 Artificial Intelligence (AI) Stocks Have Up to 203% Upside, According to Select Wall Street Analysts

Baidu shares have underperformed global tech peers despite its strong position in the AI space in China. The stock is attractively valued at 11x forward P/E, especially after recent turmoil in the Chinese stock market and overreactions to news about the Chinese military usage of its AI suite. Baidu's AI adoption rates among enterprises are expected to drive stock upside, and the company expects ad revenue growth to surpass GDP growth in FY24E.

Baidu: An Unloved AI-Related Name

Alibaba

JD.com

Amidst multiple years of market losses in China, geopolitical tensions, and a prolonged property crisis, some U.S. asset managers remain undeterred, seeing potential in Chinese stocks. Furthermore, several heavyweight Chinese U.S. listed stocks might have bottomed out recently, providing a potentially excellent risk: reward opportunity.

3 Chinese stocks poised for rebound

Microsoft

QUALCOMM

AI stocks with “Strong Buy” ratings are likely to become the major investment theme this year, similar to 2023. AI emerged out of nowhere to rock the world last year, steering the stock market with unwavering influence.

Wall Street Favorites: 3 AI Stocks With Strong Buy Ratings for February 2024

C3.ai

ARM Holdings PLC

Artificial Intelligence can make you a millionaire if you pick the right stocks to invest in. Had you invested in Nvidia Corporation (NASDAQ: NVDA ) based on my recommendation in 2021, you would be sitting on huge gains today.

It's Time! 3 Overhyped AI Stocks to Sell in February

The latest trading day saw Baidu Inc. (BIDU) settling at $106.71, representing a +0.97% change from its previous close.

Baidu Inc. (BIDU) Rises As Market Takes a Dip: Key Facts

NetEase

Many U.S.-listed Hong stocks have suffered substantial losses over the previous years as Chinese equities have continuously declined. The trend was exacerbated by last year's ordered liquidation of heavily indebted property developer Evergrande (OTCMKTS:EGRNY).

3 U.S.-Listed Hong Kong Stocks to Buy as Chinese Markets Collapse

Ambev

Adyen NV

Allegion

Assa Abloy AB

AstraZeneca

British American Tobacco

Anheuser-Busch InBev

Cie Financiere Richemont SA

FANUC Corp

GlaxoSmithKline

Imperial Brands PLC

Kao Corp

Medtronic

Nestle SA

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

International Wide-Moat Stocks On Sale - The February 2024 Heat Map

Lenovo Group Ltd

China's Baidu has partnered with Lenovo to feature its generative artificial intelligence (AI) technology on Lenovo's smartphones, in the latest team up with a phone manufacturer as it seeks practical applications for its AI model.

Baidu partners with Lenovo in third China AI smartphone deal

Advanced Micro Devices

NVIDIA

UiPath

Palantir Technologies

SoundHound AI Inc

2023 was the year that artificial intelligence ( AI ) stocks exploded. All as the emergence of generative AI and large language models propelled artificial intelligence into the mainstream.

The 7 Best AI Stocks to Buy for 100% Returns by 2025

Accenture Plc

Amazon

Alphabet

AI stocks with millionaire potential continue to capture the spotlight in the whirlwind of tech evolution. From relative obscurity in 2021 to becoming the cornerstone of modern investment, the AI sector's journey has been extraordinary.

7 AI Stocks With Serious Potential to Make You a Millionaire

China will welcome the Year of the Wood Dragon, symbolizing growth and progress. To shift from stock market losses, the People's Bank of China announced a larger-than-expected cut in banks' required reserve ratio to boost sentiment around the New Year's holiday.

Year of the Dragon: 3 Hot Chinese Stocks for Prosperous Returns

Super Micro Computer

Artificial intelligence (AI) continues to be a major catalyst for the stock market. Most of the growth in the market continues to be concentrated in securities of technology companies, in particular those that are involved in AI.

3 Doomed AI Stocks to Dump Before They Dive: February 2024

XPeng

Reuters reports that China's government is about to make multiple moves to shore up stock market prices. Tuesday saw Chinese shares surge across the board in response to this news.

Why Baidu, Nio, and XPeng Stocks Popped Today

BEIJING , Feb. 6, 2024 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) ("Baidu" or the "Company"), a leading AI company with a strong internet foundation, today announced that it will report its financial results for the Fourth Quarter and Fiscal Year 2023 ended December 31, 2023, before the U.S. market opens on February 28, 2024. Baidu's management will hold an earnings conference call at 7:30 AM on February 28, 2024, U.S. Eastern Time (8:30 PM on February 28, 2024, Beijing Time).

Baidu to Report Fourth Quarter and Fiscal Year 2023 Financial Results on February 28, 2024

Pinduoduo Inc - ADR

JD.com continues to lose market share to Pinduoduo One analyst thinks PDD Holdings' Temu's growth is peaking. Baidu was accused of allowing the Chinese military to use its technology.

Why JD.com, PDD Holdings, and Baidu Stocks All Fell Double Digits in January

Axcelis Technologies

Taiwan Semiconductor Manufacturing

AI stocks are surging ahead with unprecedented success, building upon their stellar performance last year. Artificial intelligence firms focusing on semiconductor giants have effectively reshaped market dynamics.

Wall Street Favorites: 3 AI Stocks With Strong Buy Ratings for January 2024

These tech stocks have fallen in large part because of the slowing economy in China. Many analysts think they're poised for big rebounds.

Want 54% to 81% Returns Over the Next 12 Months? Wall Street Says to Buy These 3 Stocks.

Altair Engineering

Are you looking for AI stocks that could provide long-term growth? Artificial intelligence is undoubtedly the most popular theme of 2023, grabbing headlines left and right and significantly impacting the performance of most of the IT industry.

3 of the Smartest AI Stocks to Buy Now for Long-Term Growth

Enphase Energy

PayPal

StoneCo

AT&T

Verizon

Identifying the blue-chip stocks that promise exponential growth is akin to uncovering hidden treasure in the financial markets. In this pursuit of wealth multiplication, seven entities stand out as the growth titans, poised not merely to safeguard your investments but to triple them by 2027.

7 Blue-Chip Stocks to Triple Your Wealth by 2027

Invesco China Technology ETF

Chinese stocks have been in a downturn for three years but may rebound considerably as we advance. The Chinese bear market in stocks may be coming to an end, leading to the next bull market in Chinese equities.

The Chinese Stock Bottom May Be Near

Chinese tech giant Baidu will partner Samsung to integrate its Ernie chatbot capabilities into Galaxy S24 smartphones.

News for Baidu Stock (BIDU)