Baidu (BAIDF) Operating Expenses (2009 - 2026)
Baidu's quarterly Operating Expenses came in at $4.2 billion in Q1 2026, up 8.92% year-on-year from $3.8 billion in Q1 2025, and down 4.99% quarter-over-quarter from $4.4 billion in Q4 2025.
Baidu has reported Operating Expenses for 2 years, with the latest figure at $4.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses rose 8.92% year-over-year to $4.2 billion; the trailing twelve-month figure through Mar 2026 stood at $12.4 billion (up 223.56% YoY), and the FY2025 full-year result was $19.3 billion, up 25.89% from the prior year.
- Operating Expenses for Q1 2026 stood at $4.2 billion, down from $4.4 billion in the prior quarter.
- The five-year high for Operating Expenses was $4.4 billion in Q4 2025, with the low at $3.8 billion in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | 70.20 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | 33.44 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | 512.79 Mn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | 480.50 Mn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | 527.00 Mn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | 1.09 Bn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -209.66 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | 1.60 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | 627.52 Mn |
| 10 | Baidu | - | - | 1.88 Mn | 4.19 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.19 Bn |
| Dec 31, 2025 | 4.47 Bn |
| Sep 30, 2025 | 6.50 Bn |
| Jun 30, 2025 | 4.11 Bn |
| Mar 31, 2025 | 3.85 Bn |
| Dec 31, 2024 | 4.14 Bn |
| Sep 30, 2024 | 3.94 Bn |
| Jun 30, 2024 | 3.85 Bn |
| Mar 31, 2024 | 3.61 Bn |
| Dec 31, 2023 | 4.16 Bn |
| Sep 30, 2023 | 3.86 Bn |
| Jun 30, 2023 | 3.98 Bn |
| Mar 31, 2023 | 3.81 Bn |
| Dec 31, 2022 | 4.13 Bn |
| Sep 30, 2022 | 3.83 Bn |
| Jun 30, 2022 | 3.92 Bn |
| Mar 31, 2022 | 4.07 Bn |
| Dec 31, 2021 | 4.89 Bn |
| Sep 30, 2021 | 4.60 Bn |
| Jun 30, 2021 | 4.32 Bn |
| Mar 31, 2021 | 3.87 Bn |
| Dec 31, 2020 | 3.82 Bn |
| Sep 30, 2020 | 3.25 Bn |
| Jun 30, 2020 | 3.17 Bn |
| Mar 31, 2020 | 3.25 Bn |
| Dec 31, 2019 | 3.48 Bn |
| Sep 30, 2019 | 3.60 Bn |
| Jun 30, 2019 | 3.80 Bn |
| Mar 31, 2019 | 3.73 Bn |
| Dec 31, 2018 | 3.79 Bn |
| Sep 30, 2018 | 3.46 Bn |
| Jun 30, 2018 | 3.23 Bn |
| Mar 31, 2018 | 2.57 Bn |
| Dec 31, 2017 | 2.84 Bn |
| Sep 30, 2017 | 2.82 Bn |
| Jun 30, 2017 | 2.43 Bn |
| Mar 31, 2017 | 2.16 Bn |
| Dec 31, 2016 | -2.35 Bn |
| Sep 30, 2016 | -2.32 Bn |
| Jun 30, 2016 | -2.36 Bn |
| Mar 31, 2016 | -2.08 Bn |
| Dec 31, 2015 | -2.38 Bn |
| Sep 30, 2015 | -2.52 Bn |
| Jun 30, 2015 | -2.12 Bn |
| Mar 31, 2015 | -1.70 Bn |
| Dec 31, 2014 | -1.81 Bn |
| Sep 30, 2014 | -1.56 Bn |
| Jun 30, 2014 | -1.35 Bn |
| Mar 31, 2014 | -1.17 Bn |
| Dec 31, 2013 | -1.12 Bn |
| Sep 30, 2013 | -908.12 Mn |
| Jun 30, 2013 | -756.95 Mn |
| Mar 31, 2013 | -603.68 Mn |
| Dec 31, 2012 | -558.03 Mn |
| Sep 30, 2012 | -464.95 Mn |
| Jun 30, 2012 | -417.47 Mn |
| Mar 31, 2012 | -344.39 Mn |
| Dec 31, 2011 | -342.60 Mn |
| Sep 30, 2011 | -304.37 Mn |
| Jun 30, 2011 | -239.63 Mn |
| Mar 31, 2011 | -188.96 Mn |
| Dec 31, 2010 | -176.90 Mn |
| Sep 30, 2010 | -158.94 Mn |
| Jun 30, 2010 | -138.33 Mn |
| Mar 31, 2010 | -111.93 Mn |
| Dec 31, 2009 | -117.15 Mn |
| Sep 30, 2009 | -111.02 Mn |
| Jun 30, 2009 | -98.91 Mn |
| Mar 31, 2009 | -89.69 Mn |