Baidu (BAIDF) Capital Expenditures (2011 - 2026)
Baidu (BAIDF) posted Capital Expenditures of -$1.7 billion for Q2 2026, down 95.92% on a QoQ basis from -$857.0 million in Q1 2026, and down 216.2% year-over-year from $1.4 billion in Q2 2025.
Analysis
Baidu (BAIDF) Capital Expenditures (2011 - 2026) Analysis & Trends
Baidu has reported Capital Expenditures for 15 years, with the latest figure at -$1.7 billion in Q2 2026.
- On a quarterly basis, Capital Expenditures fell 216.2% year-over-year to -$1.7 billion in Q2 2026; TTM through Jun 2026 was -$3.3 billion, a 122.1% decrease from a year earlier, with the FY2025 full-year figure at -$1.7 billion, down 54.94% from the prior year.
- Capital Expenditures was -$1.7 billion for Q2 2026 at Baidu, down from -$857.0 million in the prior quarter.
- The five-year high for Capital Expenditures was -$189.0 million in Q1 2023, with the low at -$1.7 billion in Q2 2026.
- Average Capital Expenditures over 5 years is -$452.3 million, with a median of -$323.5 million recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: Capital Expenditures surged 57.89% in 2022, then tumbled 216.2% in 2026.
- Over 5 years, Capital Expenditures stood at -$280.0 million in 2022, then slumped by 84.29% to -$516.0 million in 2023, then soared by 37.98% to -$320.0 million in 2024, then advanced by 11.88% to -$282.0 million in 2025, then slumped by 495.39% to -$1.7 billion in 2026.
- The last three Capital Expenditures figures came in at -$1.7 billion (Q2 2026), -$857.0 million (Q1 2026), and -$282.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 4.12 Bn | -18.28 Bn | 1.76 Mn | -1.68 Bn |
| 2 | Life360 | 3.43 Bn | 3.16 Bn | 126.90 Mn | 956,000.00 |
| 3 | Soundhound Ai | 2.82 Bn | 2.62 Bn | 27.93 Mn | 23.91 Mn |
| 4 | C3.ai | 1.46 Bn | 879.56 Mn | 11.32 Mn | 323,000.00 |
| 5 | Spectral Capital | 452.89 Mn | 447.58 Mn | 3.28 Mn | 156,000.00 |
| 6 | Spire Global | 449.78 Mn | 358.10 Mn | 6.16 Mn | - |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 9,731.00 |
| 8 | Veritone | 81.44 Mn | 69.02 Mn | 15.46 Mn | - |
| 9 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | 1.16 Mn |
| 10 | mF International | 53.37 Mn | 24.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.68 Bn |
| Mar 31, 2026 | -857.00 Mn |
| Dec 31, 2025 | -282.00 Mn |
| Sep 30, 2025 | -478.00 Mn |
| Jun 30, 2025 | -531.00 Mn |
| Mar 31, 2025 | -399.00 Mn |
| Dec 31, 2024 | -320.00 Mn |
| Sep 30, 2024 | -234.00 Mn |
| Jun 30, 2024 | -291.00 Mn |
| Mar 31, 2024 | -282.00 Mn |
| Dec 31, 2023 | -516.00 Mn |
| Sep 30, 2023 | -484.00 Mn |
| Jun 30, 2023 | -373.00 Mn |
| Mar 31, 2023 | -189.00 Mn |
| Dec 31, 2022 | -280.00 Mn |
| Sep 30, 2022 | -308.00 Mn |
| Jun 30, 2022 | -327.00 Mn |
| Mar 31, 2022 | -312.00 Mn |
| Dec 31, 2021 | -665.00 Mn |
| Sep 30, 2021 | -413.00 Mn |