Baidu (BAIDF) Cost of Revenue (2009 - 2026)
Baidu (BAIDF) posted Cost of Revenue of $2.8 billion for Q2 2026, down 0.88% on a QoQ basis from $2.8 billion in Q1 2026, and up 9.83% year-over-year from $2.6 billion in Q2 2025.
Analysis
Baidu (BAIDF) Cost of Revenue (2009 - 2026) Analysis & Trends
Baidu has reported Cost of Revenue for 18 years, with the latest figure at $2.8 billion in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 9.83% year-over-year to $2.8 billion in Q2 2026; TTM through Jun 2026 was $10.8 billion, a 10.89% increase from a year earlier, with the FY2025 full-year figure at $10.4 billion, down 3.76% from the prior year.
- Cost of Revenue was $2.8 billion for Q2 2026 at Baidu, down from $2.8 billion in the prior quarter.
- The five-year high for Cost of Revenue was $2.8 billion in Q1 2026, with the low at $2.1 billion in Q1 2024.
- Average Cost of Revenue over 5 years is $2.4 billion, with a median of $2.4 billion recorded in 2022.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue fell 10.03% in 2023, then increased 17.84% in 2026.
- Over 5 years, Cost of Revenue stood at $2.5 billion in 2022, then dropped by 0.16% to $2.5 billion in 2023, then grew by 0.57% to $2.5 billion in 2024, then grew by 5.96% to $2.6 billion in 2025, then gained by 7.69% to $2.8 billion in 2026.
- The last three Cost of Revenue figures came in at $2.8 billion (Q2 2026), $2.8 billion (Q1 2026), and $2.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Baidu | 4.12 Bn | -18.28 Bn | 1.76 Mn | 2.82 Bn |
| 2 | Life360 | 3.44 Bn | 3.17 Bn | 126.90 Mn | 32.06 Mn |
| 3 | Soundhound Ai | 2.81 Bn | 2.61 Bn | 27.93 Mn | 33.97 Mn |
| 4 | C3.ai | 1.45 Bn | 871.83 Mn | 11.32 Mn | 40.28 Mn |
| 5 | Spectral Capital | 461.17 Mn | 455.86 Mn | 3.28 Mn | 315.00 Mn |
| 6 | Spire Global | 450.54 Mn | 358.87 Mn | 6.16 Mn | 11.89 Mn |
| 7 | Global AI | 147.15 Mn | 147.11 Mn | 82,446.00 | 33,278.00 |
| 8 | Agassi Sports Entertainment | 81.18 Mn | 81.11 Mn | - | - |
| 9 | Veritone | 80.49 Mn | 68.06 Mn | 15.46 Mn | 8.81 Mn |
| 10 | mF International | 53.37 Mn | 24.64 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.82 Bn |
| Mar 31, 2026 | 2.84 Bn |
| Dec 31, 2025 | 2.61 Bn |
| Sep 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.56 Bn |
| Mar 31, 2025 | 2.41 Bn |
| Dec 31, 2024 | 2.47 Bn |
| Sep 30, 2024 | 2.34 Bn |
| Jun 30, 2024 | 2.26 Bn |
| Mar 31, 2024 | 2.12 Bn |
| Dec 31, 2023 | 2.45 Bn |
| Sep 30, 2023 | 2.23 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 2.21 Bn |
| Dec 31, 2022 | 2.46 Bn |
| Sep 30, 2022 | 2.29 Bn |
| Jun 30, 2022 | 2.27 Bn |
| Mar 31, 2022 | 2.45 Bn |
| Dec 31, 2021 | 2.71 Bn |
| Sep 30, 2021 | 2.50 Bn |