Growth Metrics

Baidu (BAIDF) Operating Leases (2019 - 2025)

Baidu's quarterly Operating Leases came in at $1.1 billion in Q4 2025, up 54.06% year-on-year from $692.3 million in Q4 2024, and up 54.06% quarter-over-quarter from $692.3 million in Q4 2024.

Baidu has reported Operating Leases for 7 years, with the latest figure at $1.1 billion in Q4 2025.

  • For the quarter ending Q4 2025, Operating Leases rose 54.06% year-over-year to $1.1 billion; the trailing twelve-month figure through Dec 2025 stood at $1.1 billion (up 54.06% YoY), and the FY2025 full-year result was $1.1 billion, down 4.67% from the prior year.
  • Operating Leases for Q4 2025 stood at $1.1 billion, up from $692.3 million in the prior quarter.
  • The five-year high for Operating Leases was $1.1 billion in Q4 2025, with the low at $676.3 million in Q4 2022.
  • Average Operating Leases over 5 years is $801.3 million, with a median of $700.0 million recorded in 2023.
  • Year-over-year, Operating Leases declined 22.36% in 2022 and surged 54.06% in 2025.
  • Tracing BAIDF's Operating Leases over 5 years: stood at $871.0 million in 2021, then decreased by 22.36% to $676.3 million in 2022, then rose by 3.5% to $700.0 million in 2023, then dropped by 1.1% to $692.3 million in 2024, then surged by 54.06% to $1.1 billion in 2025.
  • The last three Operating Leases figures came in at $1.1 billion (Q4 2025), $692.3 million (Q4 2024), and $700.0 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Alphabet 4,554.43 Bn 4,338.81 Bn 102.29 Bn
2 Meta Platforms 1,602.78 Bn 1,521.60 Bn 46.09 Bn
3 Spotify Technology 119.86 Bn 109.62 Bn 1.75 Bn
4 Reddit 33.71 Bn 30.94 Bn 511.94 Mn
5 Nebius 22.38 Bn 22.38 Bn 295.20 Mn
6 Pinterest 12.76 Bn 11.46 Bn 768.96 Mn
7 Kanzhun 12.59 Bn 10.49 Bn 255.62 Bn
8 Snap 9.64 Bn 6.81 Bn 1.29 Bn
9 Match 8.43 Bn 7.41 Bn 653.28 Mn
10 Baidu - - 1.88 Mn

Historic Data

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DateValue
Dec 31, 2025 1.07 Bn
Dec 31, 2024 692.32 Mn
Dec 31, 2023 699.99 Mn
Dec 31, 2022 676.31 Mn
Dec 31, 2021 871.05 Mn
Dec 31, 2020 708.14 Mn
Dec 31, 2019 636.48 Mn