Baidu (BIDU) Cost of Revenue (2009 - 2026)

Baidu (BIDU) recorded quarterly Cost of Revenue of $2.8 billion in Q1 2026, up 8.65% quarter-over-quarter from $2.6 billion in Q4 2025, and up 17.84% on a YoY basis from $2.4 billion in Q1 2025.

Baidu (BIDU) Cost of Revenue (2009 - 2026) Analysis & Trends

Baidu's Cost of Revenue history runs 18 years deep, the most recent figure standing at $2.8 billion for Q1 2026.

  • In Q1 2026, Cost of Revenue rose 17.84% year-over-year to $2.8 billion; the TTM figure through Mar 2026 stood at $10.6 billion (up 11.82% YoY), while the FY2025 annual figure was $10.4 billion, up 14.38% from the prior year.
  • Cost of Revenue was $2.8 billion for Q1 2026 at Baidu, up from $2.6 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $2.8 billion in Q1 2026 to a low of $2.1 billion in Q1 2024.
  • Historically, Cost of Revenue has averaged $2.4 billion across 5 years, with a median of $2.4 billion in 2025.
  • The sharpest annual moves came in 2023 and 2026: Cost of Revenue declined 10.03% in 2023, then grew 17.84% in 2026.
  • A 5-year view of Cost of Revenue shows it stood at $2.5 billion in 2022, then slipped by 0.16% to $2.5 billion in 2023, then climbed by 0.57% to $2.5 billion in 2024, then climbed by 5.96% to $2.6 billion in 2025, then gained by 8.65% to $2.8 billion in 2026.
  • The last three Cost of Revenue figures came in at $2.8 billion (Q1 2026), $2.6 billion (Q4 2025), and $2.6 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 103.80 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 7.61 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 10.22 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 3.56 Bn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 151.47 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 238.55 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn 43.23 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 239.01 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 189.00 Mn
10 Baidu 4.13 Bn -12.40 Bn 1.88 Mn 2.84 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 2.84 Bn
Mar 31, 2026 2.84 Bn
Dec 31, 2025 2.61 Bn
Dec 31, 2025 2.61 Bn
Sep 30, 2025 2.57 Bn
Sep 30, 2025 2.57 Bn
Jun 30, 2025 2.56 Bn
Jun 30, 2025 2.56 Bn
Mar 31, 2025 2.41 Bn
Mar 31, 2025 2.41 Bn
Dec 31, 2024 2.47 Bn
Dec 31, 2024 2.47 Bn
Sep 30, 2024 2.34 Bn
Sep 30, 2024 2.34 Bn
Jun 30, 2024 2.26 Bn
Jun 30, 2024 2.26 Bn
Mar 31, 2024 2.12 Bn
Mar 31, 2024 2.12 Bn
Dec 31, 2023 2.45 Bn
Dec 31, 2023 2.45 Bn