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

Alibaba

Chinese tech giants Alibaba and Baidu slashed prices on Tuesday of large-language models (LLMs) used to power generative artificial intelligence products, as a price war in the cloud computing sector heats up in China.

Chinese tech giants slash prices of language models used to power AI chatbots

Pinduoduo Inc - ADR

Appaloosa Management, Tepper's hedge fund, significantly reduced its stakes in several Magnificent Seven stocks. In their place, Tepper waded into Chinese stocks, as the market there recently hit a multi-year low.

Billionaire Investor David Tepper Sold Nvidia, Meta Platforms, and Other "Magnificent Seven" Stocks Hand Over Fist Last Quarter. You Won't Believe What He Bought Instead.

Total revenue slightly exceeded expectations at $4.37 billion. EPS significantly outperformed estimates, coming in at $2.76.

Baidu Beats Estimates in Mixed Q1 Report

The year of the Chinese stock market could be approaching after the 2020-2023 timeframe offered nothing but headaches and frustration for shareholders. As the underlying economy shows signs of a potential recovery, investors could soon find out why stocks like Baidu Inc. NASDAQ: BIDU could become buy targets for mega investors already finding their way into China.

Baidu Stock Earnings Prove Ray Dalio Right about China?

Baidu beat on sales and earnings this morning. Earnings nonetheless declined 6% year over year, and sales grew only 1%.

Why Baidu Stock Dropped After Earnings

Baidu Inc. (NASDAQ:BIDU ) Q1 2024 Earnings Conference Call May 16, 2024 8:00 AM ET Company Participants Robin Li - Chairman, Chief Executive Officer Rong Luo - Chief Financial Officer Dou Shen - Executive Vice President Juan Li - Director, Investor Relations Conference Call Participants Alicia Yap - Citigroup Gary Yu - Morgan Stanley Alex Yao - JP Morgan Lincoln Kong - Goldman Sachs Thomas Chong - Jefferies Billie Wan - UBS Miranda Zhuang - Bank of America Securities Operator Hello, and thank you for standing by for Baidu's first quarter 2024 earnings conference call. At this time, all participants are in listen-only mode.

Baidu (BIDU) Q1 2024 Earnings Call Transcript

Chinese internet services giant Baidu on Thursday reported better-than-expected sales and earnings. But Baidu stock fell.

Baidu Stock Falls Despite Earnings, Revenue Beat For Chinese Internet Giant

Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies.

China's Baidu posts weakest quarterly revenue growth in over a year

Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.

Baidu Posts Quarterly Beat, Helped by AI Pursuits

Meituan

Chinese stocks have been some of the most battered in the entire world. However, things are finally turning around for the Chinese economy and the stock market as well.

3 Overlooked Chinese Stocks Poised for a Massive Comeback

Chinese internet search provider Baidu on Thursday reported earnings ahead of estimates, helped by demand for its AI cloud business.

Baidu reports stronger-than-forecast earnings

Baidu reports earnings and revenue above analysts' expectations as the Chinese tech company says its AI technology continues to propel growth in cloud revenue.

Baidu Stock Jumps as Earnings Top Estimates and AI Boosts Cloud Revenue

China's Baidu beat analysts' estimates for first-quarter revenue on Thursday, driven by a recovery in advertising sales and higher demand for its cloud products.

China's Baidu beats quarterly revenue estimates on ad recovery, cloud demand

Amazon

Citigroup

Cigna

First Solar

GEN Restaurant Group Inc

Alphabet

HCA Healthcare

JD.com

MGM Resorts

Warner Bros Discovery Inc

Back in February, the filing of the 13-f document for Michael Burry's Scion Asset Management caused quite a stir as it revealed that ‘ The Big Short ' investor had not only given up on his large bet against the semiconductor industry but also tool more than a dozen long positions during the final trimester of 2023.

Here's Michael Burry's updated stock portfolio

BEIJING , May 16, 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 first quarter ended March 31, 2024. "Baidu Core's online marketing revenue remained stable, while the end-to-end optimization of our AI technology stack continued to propel the growth of our AI Cloud revenue during the quarter," said Robin Li, Co-founder and CEO of Baidu.

Baidu Announces First Quarter 2024 Results

Li Auto Inc.

Investors continue to struggle in relation to the direction of the world's second largest economy. China's growth has slowed in the past few years, pulling stocks lower.

China's Comeback Kids: 3 Stocks to Ride the Dragon's Resurgence

If that price target is realized, it would mean a 20% gain for investors buying in now. That pundit has also become a bit more cautious about the Chinese internet giant.

Is Baidu Stock Going to $130? 1 Wall Street Analyst Thinks So.

BYD Co Ltd

While the world's second-largest economy is full of economic dynamism, it has also a place full of risks. Before the COVID-19 pandemic, large Chinese technology firms were placed under heavy regulatory scrutiny after the Chinese government decided they were becoming too large and influential.

Wall Street Favorites: 3 Chinese Stocks with Strong Buy Ratings for May 2024

Tesla

Baidu Inc. is exploring a potential collaboration with Tesla Inc. to produce Tesla's self-driving Robotaxi in China. This announcement was made by Xu Baoqiang, the general manager of Baidu's autonomous driving vehicle unit, in a Weibo post on Wednesday.

Baidu may team up with Tesla on self-driving Robotaxi production in China

Chinese search engine behemoth Baidu's stock (NASDAQ NASDAQ : BIDU iShares US Utilities ETF ) is poised to report its Q1 2024 earnings on May 16. We expect Baidu's revenues to come in at $4.34 billion for the quarter, marking a decline of about 1% compared to last year.

Down 6% This Year, Will Baidu's AI Business Lead The Stock Higher Following Q1 Results?

The projection comes as Elon Musk has emphasized his plans to build up Tesla's robotaxi efforts amid a decline in revenue.

Baidu's robotaxi unit expects to turn profitable next year

Baidu's (BIDU) first-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 Q1 Earnings: What's in the Offing?

Baidu Inc. (BIDU) concluded the recent trading session at $108.66, signifying a -1.99% move from its prior day's close.

Baidu Inc. (BIDU) Stock Declines While Market Improves: Some Information for Investors

BYD Company Limited

The last couple of years were forgettable for Chinese stocks to buy, but its prospects are now rising. Investment banks are bullish on the potential of Chinese stocks to outperform on the back of multiple tailwinds.

The 3 Best Chinese Stocks to Buy in May 2024

Intel

Newell Brands

PayPal

Starbucks

With the Federal Reserve gearing up for a potential rate-cutting cycle, the economy could see a dramatic transition in the coming months. While a market downturn remains a possibility, many of these beaten-down stocks are unlikely to plummet further from their current depressed levels.

News for Baidu Stock (BIDU)