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

Baidu Inc (NASDAQ: BIDU) has been in a downtrend over the past four months but a Nomura analyst is convinced the story moving forward will be a different one.

Baidu stock price forecast: Nomura sees upside to $145

It sure looks like the momentum build-up in internet stocks throughout 2023 has carried the stock market. Some bears believe this momentum is over, and it is all downside.

This internet stock is a must-have for your portfolio for 2024

Salesforce

Super Micro Computer

The complete collapse of OpenAI over the weekend caught everyone by surprise. The privately held artificial intelligence (AI) outfit fired its CEO and co-founder Sam Altman leading several top people at the firm to quit in protest.

3 AI Stocks Poised to Mint Millionaires

China's equivalent to Google looks enticing following solid earnings.

Forget Alibaba. Baidu Is the Best Way to Play Chinese Tech Stocks.

Baidu, Inc. (NASDAQ:BIDU ) Q3 2023 Earnings Conference Call November 21, 2023 7:30 AM ET Company Participants Juan Lin - Director, Investor Relations Robin Li - Co-Founder, Chairman and Chief Executive Officer Rong Luo - Chief Financial Officer Dou Shen - Executive Vice President Conference Call Participants Alicia Yap - Citi Alex Yao - JPMorgan Miranda Zhuang - Bank of America Gary Yu - Morgan Stanley Wei Xiong - UBS Lincoln Kong - Goldman Sachs James Lee - Mizuho Thomas Chong - Jefferies Operator Hello and thank you for standing by for Baidu's Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Today's conference is being recorded.

Baidu, Inc. (BIDU) Q3 2023 Earnings Call Transcript

BIDU stock was rising early Tuesday, after Chinese internet giant Baidu reported earnings and sales ahead of expectations for its third quarter.

Baidu Posts Better-Than-Expected Earnings, Highlights AI Progress

Baidu on Tuesday said it swung to a third-quarter profit, helped by a gain on investments as revenue grew about in line with analyst estimates.

Baidu returns to profit as revenue meets estimates

Chinese tech giant Baidu reported third-quarter revenue that beat expectations, although growth was slower than during the previous three months.

Chinese tech giant Baidu's shares rise 2% after revenue beat

BEIJING , Nov. 21, 2023 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced its unaudited financial results for the third quarter ended September 30, 2023. "Baidu reported solid third-quarter financial results, demonstrating resilience in a challenging economic climate," said Robin Li, Co-founder and CEO of Baidu.

Baidu Announces Third Quarter 2023 Results

Intel

MercadoLibre

Momo

QUALCOMM

Toyota Motor

If you ever watch the CinemaSins YouTube channel, you'll understand the core motivation behind the next Magnificent 7 stocks. Now, if you've been in the market for a short time – or even not at all – you immediately know these seven giant stalwarts.

Next in Line: 7 Undervalued Alternatives to the Magnificent 7 Stocks

Alibaba

The Chinese tech company is expected to report third-quarter earnings of $2.39 a share on revenue of $4.8 billion. But AI could be the big news.

Baidu's Earnings May Bring AI News. Remember Alibaba Warning on Chips.

Baidu's (BIDU) third-quarter results are expected to reflect strength in AI and autonomous driving businesses amid uncertainties in China.

Baidu (BIDU) to Post Q3 Earnings: What's in the Offing?

C3.ai

Renaissance IPO ETF

JD.com

XPeng

Chinese stocks are in the red today following the high-profile meeting between President Joe Biden and Chinese President Xi Jinping. Alibaba (NYSE: BABA ), JD.com (NASDAQ: JD ), Baidu (NASDAQ: BIDU ), Nio (NYSE: NIO ) and XPeng (NYSE: XPEV ) are each down 2% or more heading into the afternoon.

Why Are Chinese Stocks Down Today?

Baidu's Q3 earnings are expected to show revenue growth, strengthening the company's comeback story from the lows of 2022. A strong Q3 performance, however, may not result in an immediate change in investor sentiment. I am bullish on the long-term prospects for Baidu based on three main reasons.

Baidu: Upgrading To Buy

The tech tycoon is banking on Baidu's latest AI model Ernie 4.0 for growth.

Baidu Cofounder Robin Li Goes All In On AI With ChatGPT Rival Ernie

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Analysts See Baidu Inc. (BIDU) as a Buy: Should You Invest?

British American Tobacco

ConocoPhillips

Cisco Systems

LyondellBasell Industries

Pfizer

Stellantis N.V. 

With the major equity indices signaling the possibility of a slowdown – if not an outright downcycle – investors may be better served considering overlooked value stocks. At this moment, I like the idea of self-preservation, meaning that taking on hyped growth names may not be prudent.

Why These 7 Overlooked Value Stocks Could Be Your Golden Opportunity

Adobe

There is one constant on Wall Street and that is finding the trendy new thing to hop aboard. This year it is artificial intelligence (AI), or replacing human involvement with smart machines, systems and processes.

3 Better-Than-Nvidia AI Stocks to Buy While They're Still Cheap

Birkenstock Holding Plc

Finding the best international stocks to buy can be tricky. With a few rare exceptions, overseas markets have trailed United States.

3 Best International Stocks to Buy in 2023

AerCap Hlds

Bayerische Motoren Werke AG

Ramaco Resources

Mistras Group

Naspers Ltd

PayPal

Horos is an asset management firm that knows the benefits of value investing over the long term. We invest in companies that we consider, after analyzing them, to have a value higher than the price they ask for within the stock market. In our search for companies with potential and with the aim of minimizing errors, we rule out companies that are highly indebted, poorly managed, and that present a high regulatory.

Horos Asset Management Quarterly Letter To Our Co-Investors - October 2023

BEIJING , Oct. 25, 2023 /PRNewswire/ -- Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the third quarter 2023 ended September 30, 2023, before the U.S. market opens on November 21, 2023. Baidu's management will hold an earnings conference call at 7:30 AM on November 21, 2023, U.S. Eastern Time (8:30 PM on November 21, 2023, Beijing Time).

Baidu to Report Third Quarter Financial Results on Nov 21, 2023

What Baidu World lacked this year in broader strategic details, it made up for with its impressive new GPT 4.0 challenger, Ernie 4.0. The event was marred by tighter chip export restrictions imposed by the US, though there are silver linings. Having suffered a big selloff last week, Baidu stock now offers compelling value.

Baidu: Don't Sleep On China's AI Leader

Baidu offers a cyclical sentiment opportunity. China's macro recovery could result in margin expansion of the core business. Monetization of the company's other ventures could unlock value and attract speculative investment in the stock.

Baidu: A Strong Buy Considering Its Exposure To Promising Tech Trends

In the most recent trading session, Baidu Inc. (BIDU) closed at $106.46, indicating a -1.3% shift from the previous trading day.

Baidu Inc. (BIDU) Suffers a Larger Drop Than the General Market: Key Insights

Two analysts adjusted their price targets on the Chinese tech sector mainstay. Unfortunately for investors, both analysts reduced those targets.

News for Baidu Stock (BIDU)