Baidu (BAIDF) Operating Expenses (2009 - 2026)

Baidu has reported Operating Expenses for 18 years, with the latest figure at $4.2 billion in Q2 2026.

• On a quarterly basis, Operating Expenses rose 1.48% year-over-year to $4.2 billion in Q2 2026; TTM through Jun 2026 was $19.3 billion, a 20.52% increase from a year earlier, with the FY2025 full-year figure at $19.3 billion, up 25.89% from the prior year.
• Operating Expenses was $4.2 billion for Q2 2026 at Baidu, roughly flat from $4.2 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 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses retreated 16.73% in 2022, then jumped 65.03% in 2025.
• Over 5 years, Operating Expenses stood at $4.1 billion in 2022, then grew by 0.82% to $4.2 billion in 2023, then retreated by 0.62% to $4.1 billion in 2024, then increased by 8.02% to $4.5 billion in 2025, then dropped by 6.69% to $4.2 billion in 2026.
• The last three Operating Expenses figures came in at $4.2 billion (Q2 2026), $4.2 billion (Q1 2026), and $4.5 billion (Q4 2025), per Business Quant data.