BIDU vs SPIR vs BBAI Stock Comparison

Baidu, Spire Global and BigBear.ai Holdings Prices as of Oct 26, 2026 Peers: Industry group
BIDU Baidu, Inc.
$77.85 -10.9% 1M -36.6% 1Y
Market cap
$2.69B
P/E
–
Revenue (TTM)
$18.33B
Div. yield
–
AI Platforms Technology
6 wins
SPIR Spire Global, Inc.
$9.15 -24.3% 1M -20.8% 1Y
Market cap
$366.10M
P/E
6.7x
Revenue (TTM)
$65.73M
Div. yield
–
AI Platforms Technology
2 wins

Head to Head

8 decided of 12

Baidu leads on 6 of the 12 questions below (Baidu 6, Spire Global 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBIDUSPIRBBAILeader
Larger companyMarket capitalisation $2.69B $366.10M $1.12B BIDU
Cheaper on earningsLower P/E, profitable companies only -5.6x 6.7x -13.1x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.4x — — –
Faster revenue growthRevenue growth, trailing twelve months -0.9% -29.5% -13.7% BIDU
More profitableNet margin, trailing twelve months -2.6% 83.1% -65.2% SPIR
Better return on capitalReturn on invested capital -2.0% — -15.5% BIDU
Less leveragedLower net debt / EBITDA — — 2.4x –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -36.6% -20.8% -69.9% SPIR
Better 5-year returnAnnualised price return, 5 years -14.2%/yr -28.7%/yr — BIDU
Less volatileAnnualised volatility, 1 year 47.1% 100.4% 76.8% BIDU
Higher overall scoreMean of the five percentile scores vs peers 55/100 51/100 31/100 BIDU

Percentile Scorecard

BIDUSPIRBBAI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBIDUSPIRBBAI
Valuation 92 #11 of 124 73 #34 of 124 27 #91 of 124
Growth 19 #92 of 113 28 #82 of 113 12 #100 of 113
Profitability 54 #51 of 110 59 #46 of 110 26 #82 of 110
Financial Health 57 #56 of 129 44 #73 of 129 87 #18 of 129
Shareholder Returns – – 3 #65 of 67
Overall 55 51 31
  • BIDU ranked among 137 companies in Infrastructure Software
  • SPIR ranked among 137 companies in Infrastructure Software
  • BBAI ranked among 137 companies in Infrastructure Software

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBIDUSPIRBBAISPY
1 month -10.9%-24.3%-24.0% -0.8%
3 months -26.1%-18.1%-25.6% +3.5%
6 months -39.2%-44.2%-43.2% +7.0%
Year to date -40.4%+22.0%-60.7% +12.2%
1 year -36.6%-20.8%-69.9% +13.0%
3 years -27.3%+167.5%+69.6% +86.3%
3 years, per year -10.1%+38.9%+19.3% +23.1%
5 years -53.6%-81.6%— +68.6%
5 years, per year -14.2%-28.7%— +11.0%
10 years -55.0%—— +258.0%
10 years, per year -7.7%—— +13.6%

Risk

MeasureBIDUSPIRBBAISPY
Volatility, 1Y 47.1%100.4%76.8% 12.7%
Downside volatility, 1Y 45.0%98.1%72.3% 12.7%
Beta vs S&P 500, 1Y 1.663.273.23 1.00
Return / volatility, 1Y -0.78-0.21-0.91 1.02
Max drawdown, 5Y -55.3%-93.3%-95.0% -25.4%
From 52-week high -52.1%-64.1%-70.4% -1.8%
52-week high $162.52$25.48$7.17 $779.14
52-week low $77.20$7.02$2.12 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBIDUSPIRBBAI
P/E now vs peer median -5.6xmedian 38.1x 6.4xmedian 38.1x -11.8xmedian 38.1x
P/S now vs peer median 1.4xmedian 4.3x 5.7xmedian 4.3x 7.7xmedian 4.3x
EV/EBITDA now vs peer median —median 35.4x —median 35.4x -5.6xmedian 35.4x
P/FCF now vs peer median 5.5xmedian 27.1x —median 27.1x -14.0xmedian 27.1x
P/B now vs peer median 0.6xmedian 3.4x 2.6xmedian 3.4x 1.3xmedian 3.4x
PEG now vs peer median 0.10median 1.27 0.20median 1.27 -0.36median 1.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBIDUSPIRBBAI
Revenue $18.33B $65.73M $131.63M
Gross profit $1.81B $26.61M $36.75M
Operating income -$999.00M -$87.59M -$155.20M
Net income -$543.00M $54.85M -$85.82M
Free cash flow $4.78B – -$72.70M
R&D $2.84B $36.19M $21.29M
EPS (diluted) $-11.24 $1.43 $-0.18
Cash & equivalents $3.61B $38.81M $36.28M
Total debt $42.23B – $16.64M
Shares (diluted) 42.88M 38.30M 479.12M
Enterprise value -$72.77B -$21.72M -$289.21M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBIDUSPIRBBAI
P/E -5.6x 6.4x -11.8x
P/FCF 5.5x – -14.0x
P/Operating cash flow 17.9x – -14.2x
P/S 1.4x 5.7x 7.7x
P/B 0.6x 2.6x 1.3x
P/Tangible book 0.7x 2.7x 1.6x
EV/EBITDA – – -5.6x
EV/EBIT -13.0x -3.2x -4.6x
EV/Revenue 0.7x 4.3x 5.4x
EV/FCF 2.7x – -9.8x
EV/Operating cash flow 8.8x – -10.0x
PEG (3Y EPS CAGR) 0.10 0.20 -0.36

Growth

14 metrics
MetricBIDUSPIRBBAI
Revenue growth (1Y) -0.9% -29.5% -13.7%
Revenue CAGR (3Y) -0.5% -8.1% -6.6%
Gross profit growth (1Y) 12,345% -29.8% -13.9%
Gross profit CAGR (3Y) -36.6% 6.9% -4.9%
Operating income growth (1Y) -140.6% 6.7% -19.2%
Operating income CAGR (3Y) -32.9% -7.1% -36.5%
Net income growth (1Y) -114.0% 57.5% 80.7%
Net income CAGR (3Y) -30.7% 38.2% 0.0%
EPS growth (1Y) -201.2% 22.6% 87.1%
EPS CAGR (3Y) -55.3% 32.1% 32.8%
Operating cash flow growth (1Y) 2,449% – -163.0%
Operating cash flow CAGR (3Y) -31.9% – -19.7%
Free cash flow growth (1Y) 236.1% – -163.1%
Free cash flow CAGR (3Y) -6.5% – -20.1%

Profitability

14 metrics
MetricBIDUSPIRBBAI
Gross margin 9.9% 40.5% 27.9%
EBITDA margin – – -97.7%
Operating margin -5.5% -133.3% -117.9%
Pretax margin -2.3% 89.4% -81.7%
Net margin -2.6% 83.1% -65.2%
FCF margin 26.1% – -55.2%
Operating cash flow margin 8.1% – -54.4%
Return on equity -1.3% 42.7% -11.0%
Return on assets -0.8% 25.1% -10.1%
Return on invested capital -2.0% – -15.5%
Return on capital employed -1.8% -54.7% -19.8%
Asset turnover 0.3x 0.3x 0.2x
Cash conversion (OCF / net income) -2.7x – 0.8x
Stock comp / revenue – 25.6% 15.0%

Financial Health

11 metrics
MetricBIDUSPIRBBAI
Debt / assets 15.8% – 2.0%
Debt / equity 0.3x – 0.0x
Net debt / EBITDA – – 2.4x
Debt / FCF 2.3x – -0.2x
Liabilities / assets 40.1% 36.3% 8.4%
Equity / assets 59.9% 63.7% 91.6%
Interest coverage -2.7x -51.9x -16.9x
Current ratio 2.3x 1.9x 5.7x
Quick ratio 2.0x 1.8x 5.3x
Cash ratio 1.9x 1.6x 4.9x
Altman Z-score – -1.30 7.00

Shareholder Returns

7 metrics
MetricBIDUSPIRBBAI
Dividend yield – – –
Net buyback yield – – -33.7%
Shareholder yield – – -33.7%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBIDUSPIRBBAI
Forward P/E 14.4xFY2026 – –
EPS, next fiscal year $5.42FY2026 $-1.24FY2026 $-0.25FY2026
EPS growth, next FY -29.1%FY2026 – –
EPS growth, the year after +21.8% – –
Revenue, next fiscal year $19.51BFY2026 $76.07MFY2026 $108.97MFY2026
Revenue growth, next FY +5.7%FY2026 +6.2%FY2026 -14.6%FY2026
Revenue growth, the year after -0.6% +39.3% +23.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBIDUSPIRBBAI
Held by institutions 17.5% 55.0% 39.1%
Institutions holding 490 131 328
Change in shares held, QoQ +8.1% +62.9% +1.0%
Institutions buying 236 95 185
Institutions selling 144 21 90
Buyers to sellers 1.64 4.52 2.06

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BIDUSPIRBBAI
BIDU 1.00 0.17 0.33
SPIR 0.17 1.00 0.47
BBAI 0.33 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BIDU, SPIR and BBAI?

Baidu (BIDU) is the largest by market capitalisation: Baidu (BIDU) $2.69B, Spire Global (SPIR) $366.10M, BigBear.ai Holdings (BBAI) $1.12B.

Which company is growing faster?

Baidu (BIDU) grew revenue fastest over the trailing twelve months: Baidu (BIDU) -0.9%, Spire Global (SPIR) -29.5%, BigBear.ai Holdings (BBAI) -13.7%.

Which company is more profitable?

Spire Global (SPIR) has the highest net margin (Baidu (BIDU) -2.6%, Spire Global (SPIR) 83.1%, BigBear.ai Holdings (BBAI) -65.2%). On return on invested capital, Baidu (BIDU) leads (Baidu (BIDU) -2.0%, BigBear.ai Holdings (BBAI) -15.5%).

Which stock has performed better?

Over the past year Spire Global (SPIR) returned the most: Baidu (BIDU) -36.6%, Spire Global (SPIR) -20.8%, BigBear.ai Holdings (BBAI) -69.9%. Over five years, Baidu (BIDU) compounded fastest (Baidu (BIDU) -14.2%/yr, Spire Global (SPIR) -28.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Baidu (BIDU) has been the steadiest (Baidu (BIDU) 47.1%, Spire Global (SPIR) 100.4%, BigBear.ai Holdings (BBAI) 76.8%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BIDU, SPIR and BBAI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Baidu (BIDU) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.