Baidu, Inc. (BAIDF) Operating Expenses (2009 - 2026)

Baidu (BAIDF) has reported Operating Expenses for 18 consecutive years, with $4.2 billion the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 8.73% year-over-year to $4.2 billion; the TTM figure through Mar 2026 stood at $19.3 billion (up 22.11% YoY), while the FY2025 annual figure was $19.3 billion, up 25.89% from the prior year.
• Operating Expenses came in at $4.2 billion for Q1 2026 at Baidu, down from $4.5 billion in the prior quarter.
• The five-year high for Operating Expenses was $6.5 billion in Q3 2025, with the low at $3.6 billion in Q1 2024.
• Average Operating Expenses over 5 years is $4.1 billion, with a median of $4.0 billion recorded in 2023.
• Across the five-year window, Operating Expenses slipped 16.73% in 2022 and soared 65.03% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $4.1 billion in 2022, then rose by 0.82% to $4.2 billion in 2023, then slipped by 0.62% to $4.1 billion in 2024, then gained by 8.02% to $4.5 billion in 2025, then declined by 6.33% to $4.2 billion in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $4.2 billion, $4.5 billion, and $6.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.