Baidu (BIDU) Capital Expenditures (2011 - 2026)
Baidu (BIDU) posted quarterly Capital Expenditures of -$857.0 million for Q1 2026, down 114.79% year-over-year from $5.8 billion in Q1 2025, and down 203.9% quarter-over-quarter from -$282.0 million in Q4 2025.
Baidu (BIDU) Capital Expenditures (2011 - 2026) Analysis & Trends
Baidu's Capital Expenditures history runs 12 years deep, the most recent figure standing at -$857.0 million for Q1 2026.
- In Q1 2026, Capital Expenditures fell 114.79% year-over-year to -$857.0 million; the TTM figure through Mar 2026 stood at -$2.1 billion (down 72.67% YoY), while the FY2025 annual figure was $1.7 billion, up 54.94% from the prior year.
- Capital Expenditures for Q1 2026 stood at -$857.0 million, down from -$282.0 million in the prior quarter.
- The five-year high for Capital Expenditures was -$189.0 million in Q1 2023, with the low at -$857.0 million in Q1 2026.
- The 5-year median for Capital Expenditures is -$320.0 million (2024), against an average of -$380.2 million.
- The sharpest annual moves came in 2022 and 2026: Capital Expenditures soared 57.89% in 2022, then slumped 114.79% in 2026.
- Baidu's Capital Expenditures stood at -$280.0 million in 2022, then slumped by 84.29% to -$516.0 million in 2023, then jumped by 37.98% to -$320.0 million in 2024, then rose by 11.88% to -$282.0 million in 2025, then tumbled by 203.9% to -$857.0 million in 2026.
- Business Quant data shows BIDU's Capital Expenditures at -$857.0 million in Q1 2026, -$282.0 million in Q4 2025, and -$478.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,206.86 Bn | 3,777.82 Bn | 73.85 Bn | 44.92 Bn |
| 2 | Meta Platforms | 1,538.10 Bn | 1,447.84 Bn | 49.47 Bn | 30.12 Bn |
| 3 | Taboola.com | 1,136.28 Bn | 1,136.15 Bn | 139.48 Mn | - |
| 4 | Baidu | 289.19 Bn | 284.70 Bn | 1.88 Mn | -857.00 Mn |
| 5 | Spotify Technology | 102.90 Bn | 92.66 Bn | 1.75 Bn | -5.85 Mn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | - |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | -2.47 Bn |
| 9 | 30.48 Bn | 27.70 Bn | 734.60 Mn | 1.13 Mn | |
| 10 | Tencent Music Entertainment | 26.96 Bn | 24.26 Bn | 514.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -857.00 Mn |
| Mar 31, 2026 | -857.00 Mn |
| Dec 31, 2025 | -282.00 Mn |
| Dec 31, 2025 | -282.00 Mn |
| Sep 30, 2025 | -478.00 Mn |
| Sep 30, 2025 | -478.00 Mn |
| Jun 30, 2025 | -531.00 Mn |
| Jun 30, 2025 | -531.00 Mn |
| Mar 31, 2025 | -399.00 Mn |
| Mar 31, 2025 | -399.00 Mn |
| Dec 31, 2024 | -320.00 Mn |
| Dec 31, 2024 | -320.00 Mn |
| Sep 30, 2024 | -234.00 Mn |
| Sep 30, 2024 | -234.00 Mn |
| Jun 30, 2024 | -291.00 Mn |
| Jun 30, 2024 | -291.00 Mn |
| Mar 31, 2024 | -282.00 Mn |
| Mar 31, 2024 | -282.00 Mn |
| Dec 31, 2023 | -516.00 Mn |
| Dec 31, 2023 | -516.00 Mn |