Baidu (BIDU) Cost of Revenue (2009 - 2026)
Baidu (BIDU) posted quarterly Cost of Revenue of $2.8 billion for Q1 2026, up 17.84% year-over-year from $2.4 billion in Q1 2025, and up 8.65% quarter-over-quarter from $2.6 billion in Q4 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 for Q1 2026 stood at $2.8 billion, up from $2.6 billion in the prior quarter.
- The five-year high for Cost of Revenue was $2.8 billion in Q1 2026, with the low at $2.1 billion in Q1 2024.
- The 5-year median for Cost of Revenue is $2.4 billion (2025), against an average of $2.4 billion.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue dropped 10.03% in 2023, then climbed 17.84% in 2026.
- Baidu's Cost of Revenue stood at $2.5 billion in 2022, then decreased by 0.16% to $2.5 billion in 2023, then advanced by 0.57% to $2.5 billion in 2024, then advanced by 5.96% to $2.6 billion in 2025, then rose by 8.65% to $2.8 billion in 2026.
- Business Quant data shows BIDU's Cost of Revenue at $2.8 billion in Q1 2026, $2.6 billion in Q4 2025, and $2.6 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,258.20 Bn | 3,829.16 Bn | 73.85 Bn | 45.94 Bn |
| 2 | Meta Platforms | 1,548.74 Bn | 1,458.48 Bn | 49.47 Bn | 11.33 Bn |
| 3 | Taboola.com | 1,143.24 Bn | 1,143.10 Bn | 139.48 Mn | 337.35 Mn |
| 4 | Baidu | 288.32 Bn | 283.82 Bn | 1.88 Mn | 2.84 Bn |
| 5 | Spotify Technology | 105.26 Bn | 95.02 Bn | 1.75 Bn | 3.56 Bn |
| 6 | Joyy | 78.34 Bn | 77.45 Bn | 205.64 Mn | 376.28 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 131,586.00 |
| 8 | Nebius | 49.85 Bn | 40.22 Bn | 295.20 Mn | 103.80 Mn |
| 9 | 30.93 Bn | 28.14 Bn | 734.60 Mn | 70.31 Mn | |
| 10 | Tencent Music Entertainment | 27.51 Bn | 24.81 Bn | 514.00 Mn | 630.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |