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, Baidu AI Cloud 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

Artificial intelligence is increasing in effectiveness, and it could have more room to grow.

1 Artificial Intelligence (AI) Growth Stock Down 68% You'll Regret Not Buying on the Dip in 2024

JD.com

Chinese stocks neared multiyear lows, with BIDU and JD bearing the brunt, after data showed China's economy limping into 2024.

China's Economy Falters; JD, BIDU Lead Chinese Stock Thrashing

Baidu, Inc.'s AI product, ERNIE, was mistakenly linked to the Chinese military, causing a drop in stock price. The Chinese company has reassured investors that their AI platform is open to the public, including Chinese military research labs. The stock is incredibly cheap, with cheap valuations and large cash and investment positions, especially considering the leading AI platform position.

Baidu: Chinese Risk Is Overdone

Technology company Baidu on Monday refuted a newspaper report that said its artificial intelligence chatbot Ernie was linked to Chinese military research.

Tech firm Baidu denies report that its Ernie AI chatbot is linked to Chinese military research

Beijing, China--(Newsfile Corp. - January 15, 2024) - Baidu, Inc. (NASDAQ: BIDU) (HKG: 9888) (HKD Counter) and 89888 (RMB Counter) ("Baidu" or the "Company"), a leading AI company with strong Internet foundation, has become aware of media reports regarding an academic paper that mentioned several large language models ("LLM") such as GPT3.5, GPT-3.5-turbo, GPT4, HTML-T5, and Baidu's ERNIE Bot and would like to offer the following clarifications. ERNIE Bot is available to and used by the general public.

Baidu Responds to Recent Media Reports on ERNIE Bot

BEIJING, Jan. 15, 2024 (GLOBE NEWSWIRE) -- 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, has become aware of media reports regarding an academic paper that mentioned several large language models ("LLM") such as GPT3.5, GPT-3.5-turbo, GPT4, HTML-T5, and Baidu's ERNIE Bot and would like to offer the following clarifications.

Baidu Responds to Recent Media Reports on Ernie Bot

Baidu shares plunged in Hong Kong on Monday following a report that artificial-intelligence chatbot had been tested by scientists affiliated with the Chinese military. The internet company distanced itself from the research in a sign of the political challenges facing Chinese AI companies.

Baidu Stock Falls on Sanctions Fears. Its Ernie AI Bot Is Being Linked to Chinese Military.

Baidu on Monday said it had no links to a Chinese military lab, after a report sent stock in the internet services company tumbling.

Baidu denies Chinese military link after report sent stock tumbling

Alibaba

As the market gears up for a potential rally in 2024, investors are eyeing key players in the tech sector for their growth potential and strategic moves. Additionally, when looking for pre-rally stock picks, investors often seek companies boasting financial stability that are also well positioned for strategic growth.

Buy Alert: 3 Stocks to Secure Before the Market Rally Begins

Chinese search engine giant Baidu's shares are facing heavy selling pressure on Monday, after a report linking the company's ChatGPT-like AI technology to the country's military fueled investor concerns that Washington may impose sanctions on the company listed in Hong Kong and New York.

Baidu Shares Plunge 12% After Report Links Its AI Chatbot To China's Military

Biogen

Chevron

Delta Air Lines

Las Vegas Sands

Wall Street analysts tend to always look on the bright side of life. (Cue the Monty Python song).

Time to Load Up on This New Magnificent 7 of ‘Strong Buy' Stocks

Disney

DraftKings

Energy Transfer LP Unit

Li Auto Inc.

Mobileye Global Inc

NetEase

Synopsys

Trade Desk

As the stock market enters a new year, some investors are still nervous. For many sectors, 2023 brought significant turbulence as companies battled shifting macroeconomic tides and rising uncertainty that hasn't completely subsided yet.

10 Top Strong Buy Stocks That Can Soar 20% or More From Here

Alphabet

Alphabet and Baidu are both advertising and cloud giants. Both companies faced tough macro headwinds in 2022 but recovered in 2023.

Better AI Stock: Alphabet vs. Baidu

China's Baidu plans to donate a quantum computing laboratory and equipment to the government-backed Beijing Academy of Quantum Information Sciences (BAQIS), a company spokesperson said on Wednesday.

Baidu to donate quantum computing lab, equipment to Beijing institute

BIDU stock was trading lower Tuesday, after Baidu called off a $3.6 billion acquisition of Joyy's China livestreaming unit.

Baidu Calls Off $3.6 Billion Deal For Joyy's China Livestreaming Business; BIDU, YY Stocks Fall

Joyy Inc.'s stock YY, +0.81% fell 11% in premarket trade Tuesday, after the Singapore-based live-streaming platform said Baidu Inc. BIDU, +1.08% has cancelled its $3.6 billion bid for the company. Baidu said in a regulatory filing that the closing conditions for the all-stock agreement had yet to be fully satisfied.

Joyy's stock slides 11% after Baidu cancels $3.6 billion all-stock acquisition

Chinese internet giant Baidu has said it was cancelling the planned multi-billion-dollar purchase of livestreaming platform YY Live, partly blaming its inability to get government approval.

China's Baidu cancels $3.6 bn purchase of livestreaming site

Baidu.com (NASDAQ:BIDU), the Chinese tech company, has officially called off its intended US$3.6 billion acquisition of JOYY Inc's live-streaming business in China, as disclosed in a filing with the Hong Kong stock exchange on Monday. The initial proposal to acquire JOYY's Chinese live-streaming business, YY Live, was made in 2020.

Baidu cancels purchase of Chinese live-streaming business

Billionaire Robin Li's Baidu has scrapped its three-year-long bid to acquire Joyy's Chinese live-streaming platform, YY Live, for $3.6 billion in cash, as regulators maintain a chokehold on the country's online entertainment sector.

Baidu Scraps $3.6 Billion Deal With Joyy For Chinese Live-Streaming Service YY Live

Baidu's Ernie Bot has attracted over 100 million users, indicating strong growth potential for Baidu's GenAI tool in China. The Ernie Bot still has room for growth, with only about 7% of the Chinese population registered. Baidu's integration of GenAI capabilities into its Cloud business could generate a positive feedback loop for growth.

Baidu: Ernie Bot May Be As Good And Growing As Fast As ChatGPT (Rating Upgrade)

Chinese tech giant Baidu on Monday said it had terminated its share purchase agreement with Nasdaq listed JOYY Inc, according to a Hong Kong stock exchange filing.

Baidu terminates purchase of JOYY's live streaming business

Baidu stock has not met my expectations, as the market remains pessimistic over Chinese equities. However, it has continued to execute well. Baidu's double beat on revenue and adjusted EPS in Q3 underscored its prowess. It also has a best-in-class "A" profitability grade, underpinning its robust business model. Baidu's leadership in AI and its ability to navigate export restrictions on US chips position it well against its peers. As a result, Baidu could stretch that AI lead further.

Baidu: Big Year Ahead In 2024 For China's AI Leader

Baidu did not specify whether the user numbers were active or for a specific time period. OpenAI said in November that ChatGPT had about 100 million weekly active users.

Baidu says its ChatGPT rival Ernie bot now has more than 100 million users

Baidu.com's (NASDAQ:BIDU) artificial intelligence chatbot Ernie Bot has reached 100 million users, the Chinese company's chief technology officer said Thursday.  Ernie Bot was released to the public in August after a five-month limited access period.

Baidu's ChatGPT rival Ernie Bot hits 100 million user milestone

In October, Baidu's CEO said Ernie Bot is on par with OpenAI's GPT-4 model in terms of overall performance.

News for Baidu Stock (BIDU)