Name: Baidu, Inc. (BIDU) Financial Statements
Creator: FinSpry

Baidu Income Statement Analysis

Revenue, earnings, and profit margins in billions CNY

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Baidu, Inc. income statement - Annual data in billions CNY
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	133.13	134.60	123.68	124.49	107.07	107.41	102.28
Cost of Revenue	66.10	64.78	63.94	64.31	55.16	62.85	51.74
Gross Profit	67.02	69.82	59.74	60.18	51.92	44.56	50.53
Operating Expenses
Research & Development	22.13	24.19	23.32	24.94	19.51	18.35	15.77
Selling, General & Administrative	23.62	23.52	20.51	24.72	18.06	19.91	19.23
Operating Expenses	45.75	47.71	43.83	49.66	37.58	38.26	35.00
Operating Income	21.27	22.11	15.91	10.52	14.34	6.31	15.53
Other Income/Expense
Interest Income	7.96	8.01	6.25	5.55	5.36	0.00	4.45
Interest Expense	2.82	-3.25	2.91	3.42	-3.10	0.00	1.88
Other Income/Expense	7.35	2.54	-9.13	1.97	-7.16	9.71	9.23
Income
Income Before Tax	28.62	25.20	10.11	10.78	23.09	-0.34	27.33
Income Tax Expense	4.45	3.65	2.58	3.19	4.06	1.95	4.74
Net Income	23.76	20.32	7.56	10.23	22.47	2.06	27.57
Net Income - Continuous Operations	23.76	21.55	7.53	7.59	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	46.07	37.02	33.11	36.76	48.91	24.76	47.66
EBIT	31.45	22.11	13.03	14.20	26.19	2.62	29.21
Depreciation & Amortization	14.63	14.91	20.08	-5.70	-5.70	-5.60	0.00
Earnings Per Share
Basic EPS	66.00	56.00	20.00	29.00	66.00	-	79.00
Diluted EPS	66.00	55.00	20.00	28.00	65.00	-	78.00
Basic Shares Outstanding	0.35	0.35	0.35	0.34	0.34	0.00	0.35
Diluted Shares Outstanding	0.35	0.35	0.35	0.35	0.34	0.00	0.35