The financials
Baidu, Inc. by the numbers
Baidu, Inc. (BIDU) reported revenue of CNY 58.5B in H2 2020 (quarter ended December 31, 2020), up 115% from the same quarter a year earlier. That came with a gross margin of 53% and net income of CNY 18.9B (32% of revenue). For the full year FY2025, revenue was CNY 129.1B (−3.0% year on year) and net income CNY 5.59B.
| Income statement | H2 2020 | Q4 2018 | Change |
|---|---|---|---|
| Revenue | CNY 58.5B | CNY 27.2B | +115% |
| Gross profit | CNY 31.2B | CNY 11.6B | +169% |
| Operating income | CNY 11.1B | CNY 1.11B | +901% |
| Net income | CNY 18.9B | CNY 2.08B | +806% |
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