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

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.

Why Baidu Stock Tanked by 6% on Thursday

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Should You Invest in Baidu Inc. (BIDU) Based on Bullish Wall Street Views?

Advanced Micro Devices

Alphabet

Microsoft

NVIDIA

Taiwan Semiconductor Manufacturing

To say that artificial intelligence ( AI ) has been a catalyst for technology stocks is a major understatement. A new report from venture capital firm Accel found that U.S. technology companies have seen $2.4 trillion added to their market capitalizations this year from the hype and expectations surrounding generative AI.

7 AI Stocks That Will Change the World (and Create Many Millionaires)

While analysts are bullish on Baidu's latest version of generative artificial intelligence model, shares of the Chinese tech giant dropped on Tuesday.

Baidu's newest AI model Ernie 4.0 fails to wow investors, but analysts maintain 'buy' ratings

China's Baidu touted improved capabilities of its new "generative" artificial intelligence model at its annual technology conference in Beijing.

Baidu Touts Generative AI Advances At Beijing Tech Event

Chinese search giant Baidu has unveiled the latest version of its Ernie generative AI model. The company says that it is a match for GPT-4, the large language model behind OpenAI's ChatGPT AI.

Chinese tech giant Baidu says its latest update to ChatGPT rival Ernie is 'not inferior in any respect' to GPT-4

Baidu thinks the latest version of its AI technology is a match for that developed by ChatGPT-maker OpenAI. It would be a major leap for Chinese AI.

Baidu Claims Its AI Matches ChatGPT. What It Means for the U.S. and China.

ERNIE 4.0 is now accessible to invited users on ERNIE Bot. In addition, enterprise customers can apply for API testing via Baidu Qianfan foundation model platform.

Baidu Launches ERNIE 4.0 Foundation Model, Leading a New Wave of AI-Native Applications

Chinese technology giant Baidu has claimed that its new artificial intelligence (AI) bot is on par with OpenAI's ChatGPT as the programme was rolled out on Tuesday. Unveiling the company's latest bot, Earnie 4.0, at an event, Baidu chief executive Robin Li told audience members it was “not inferior in any aspect to GPT-4”.

Baidu declares new AI bot is as good as ChatGPT

Chinese tech giant Baidu is officially taking on GPT-4.

News for Baidu Stock (BIDU)