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 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

Earnings data Q4 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.

Baidu excels in Q3 with AI cloud growth and strategic investments

Baidu's Q3 2024 performance reflects strong revenue growth and operational efficiency, driven by AI cloud services and technological advancements.
While facing challenges in cost management and monetization strategies, the company's strategic focus on AI capabilities and financial resilience position it for future growth.
Opportunities in AI cloud expansion, ERNIE advancements, and strategic investments present avenues for Baidu to enhance market leadership and drive long-term success.

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

With Baidu reporting a double miss for Q3 2024, BIDU stock has dipped by ~6% to a multi-year support zone in the low $80s. In Q3, Baidu's AI Cloud and Apollo Go businesses made tremendous progress, but online marketing revenue shrunk -4% y/y amid headwinds from macroeconomic factors and "Search" renovation. Baidu's long-term prospects are strong, with significant advancements in AI and autonomous driving, supported by a robust balance sheet and potential for substantial future growth.

Baidu Q3 2024 Review: The Good, The Bad, And The Ugly

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining by more than 500 points on Thursday.

Nasdaq Edges Higher; Baidu Shares Fall After Q3 Results

Baidu, Inc. (NASDAQ:BIDU ) Q3 2024 Earnings Conference Call November 21, 2024 7:30 AM ET Company Participants Juan Lin - Director, Investor Relations Robin Li - Co-Founder & Chief Executive Officer Junjie He - Interim CFO Rong Luo - Chief Financial Officer Dou Shen - Executive Vice President, AI Cloud Group Conference Call Participants Alicia Yap - Citigroup Alex Yao - JPMorgan Gary Yu - Morgan Stanley Lincoln Kong - Goldman Sachs James Lee - Mizuho Thomas Chong - Jefferies Wei Xiong - UBS Miranda Zhuang - Bank of America Securities Operator Hello, and thank you for standing by for Baidu's Third Quarter 2024 Earnings Conference Call. At this time, all participants are in listen-only mode.

Baidu, Inc. (BIDU) Q3 2024 Earnings Call Transcript

Baidu.com (NASDAQ:BIDU), the Chinese internet search and robotaxi company, reported a fall in sales for the past quarter but higher profits, though both were better than expected.  The shares were trading down 2% in US premarket trading on Thursday, down 0.2% in Hong Kong.

Baidu revenues fall but profits rise as robotaxis and AI bots progress

The Chinese search-engine giant reported lower revenue for the second straight quarter on falling sales from online-marketing services and an economy struggling to regain momentum.

Baidu Revenue Falls Again as Advertising Demand Remains Weak

Baidu's results weren't particularly bad, but it has failed to shake off problems growing advertising sales.

Baidu Stock Slips. Why China's Leading Search Engine Is Playing Catchup With AI.

Beijing-based Baidu operates one of the major web browser search engines in China, along with a frequently used maps app.

Baidu posts 3% drop in third-quarter revenues, beating market expectations

Baidu reported a 3% fall in third-quarter revenue on Thursday, beating market estimates, as China's biggest internet search provider grappled with weak spending on its advertising services in a sluggish economy.

China's Baidu posts 3% fall in third-quarter revenue, beats market estimates

BEIJING , Nov. 21, 2024 /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, 2024. "Baidu Core's flattish third quarter top line reflected the ongoing weakness in our online marketing business, offset by the growth of our AI Cloud business.

Baidu Announces Third Quarter 2024 Results

Baidu Inc BIDU will report its third-quarter earnings on Thursday. Wall Street expects $2.35 in earning per share and $4.69 billion in revenues as the company reports before market hours.

Can Baidu Break Bearish Spell? Buying Pressure Shows Bullish Pre-Earnings Potential

Alibaba

JD.com

Although Burry is best-known for making wagers on securities moving lower, he purchased a trio of historically cheap, cash-rich stocks during the September-ended quarter.

"Big Short" Money Manager Michael Burry Is Piling Into 3 Industry-Leading Stocks That Share a Common Theme

iShares China Large-Cap ETF

KraneShares CSI China Internet ETF

iShares MSCI China ETF

Pinduoduo Inc - ADR

Investors seem to be throwing in the towel on China very quickly. However, their market has not really fallen back as much as it seems over the past few weeks.

How You'll Know That Chinese Stocks Are About To Take Off

Why Chinese Stocks May Be Ready to Take Off

Dr. Michael Burry is a contrarian investor who's not afraid to act in a big way if he sees value out there.

Michael Burry Just Boosted His Chinese Stock Holdings—Is it Time to Bet on China Comeback?

Baidu's AI innovations are impressive, but its core businesses are stagnant, and AI revenue impact remains marginal, limiting overall growth potential. Despite trading at an attractive 7x forward PE, Baidu's sluggish online marketing revenue and macroeconomic challenges justify a Hold rating. Key Q3 focus areas include AI ecosystem developments, AI Cloud Revenue growth, and potential expansion of the Apollo robotaxi business.

Baidu Q3 Preview: 7x PE Doesn't Matter - AI Needs To "Show Me The Money"

Michael Burry's Scion Asset Management has significant positions in Alibaba, Baidu, and JD.com, with puts as hedges against potential downturns in Chinese stocks. Baidu, Inc., often called the “Google of China,” offers growth potential in AI and autonomous driving, trading at a low valuation with strong cash flows. Despite China-specific risks, Baidu's low earnings multiple and reliable earnings performance make it an attractive long-term investment.

The Big Short's Michael Burry: Betting On China With Baidu And Others

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?

Is It Worth Investing in Baidu Inc. (BIDU) Based on Wall Street's Bullish Views?

Recently, Zacks.com users have been paying close attention to Baidu Inc. (BIDU). This makes it worthwhile to examine what the stock has in store.

Baidu, Inc. (BIDU) Is a Trending Stock: Facts to Know Before Betting on It

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The RealReal

After the famous ‘Big Short' investor Michael Burry abandoned his 2023 bet against the semiconductor industry – though, interestingly, the short position may not have been wrong, only poorly timed – he again stirred controversy with his persistent bullishness about Chinese stocks.

‘Big Short' Michael Burry stock portfolio update

Michael Burry bolstered his bets on three Chinese tech companies last quarter. The "Big Short" investor raised his stakes in Alibaba, Baidu, and JD.com but also hedged the wagers.

'Big Short' investor Michael Burry boosts Alibaba, Baidu, and JD.com bets as he doubles down on China

Michael Burry, the hedge-fund investor made famous by Michael Lewis's book “The Big Short,” upped his bets on Chinese stocks during the third quarter — but he's also making sure to protect his downside.

Michael Burry added to bets on Chinese stocks last quarter — but there's a catch

Baidu Inc. (BIDU) closed the most recent trading day at $84.46, moving -0.4% from the previous trading session.

Baidu Inc. (BIDU) Stock Falls Amid Market Uptick: What Investors Need to Know

-       The new iRAG technology mitigates hallucinations in image generation, boosting the applicability of AI-generated images.-       Miaoda is a no-code tool that enables users to build applications using simple natural language.

Baidu Unveils iRAG and No-Code Tool Miaoda to Drive AI Application Boom

China's Baidu Inc unveiled a slew of new applications for its artificial intelligence technology on Tuesday, including a text-to-image generator and a tool that enables users to develop software applications without coding expertise.

Baidu bolsters AI lineup with text-to-image generator, no-code app builder

Hedge fund managers play a crucial role in the financial markets, acting as the decision-makers for hedge funds.

News for Baidu Stock (BIDU)