Baidu (BIDU) Cost of Revenue (2009 - 2026)
Baidu's Cost of Revenue was $2.82 billion in the quarter ended Jun 30, 2026, up 9.8% from $2.56 billion a year earlier but down 0.9% from the prior quarter.
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Analysis
Baidu (BIDU) Cost of Revenue (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baidu's Cost of Revenue was $10.84 billion through Jun 30, 2026, up 10.9% year-over-year; for the year ended Dec 31, 2025, it came in at $10.36 billion, down 3.8% from the prior year.
- Cost of Revenue shows a five-year compound annual growth rate of 66.1% (years ended Dec 2020 to Dec 2025).
- In earlier years, Cost of Revenue was $10.76 billion in the year ended Dec 31, 2024 (-5.9%), $11.44 billion in the year ended Dec 31, 2023 (+5.6%), $10.83 billion in the year ended Dec 31, 2022 (+7.3%) and $10.09 billion in the year ended Dec 31, 2021.
- Quarterly Cost of Revenue has moved between $2.12 billion (the quarter ended Mar 31, 2024) and $2.84 billion (the quarter ended Mar 31, 2026) over five years.
- Compared with a year earlier, Cost of Revenue has increased for nine straight quarters, with growth averaging 9.5% over the last eight quarters.
- The best year-over-year quarter for Cost of Revenue over five years was the quarter ended Sep 30, 2021 (growth of 32.7%); the worst was the quarter ended Mar 31, 2023 (a decline of 10.0%).
- Per Business Quant data, BIDU's Cost of Revenue in the three quarters before the quarter ended Jun 30, 2026 was $2.84 billion (quarter ended Mar 31, 2026), $2.61 billion (quarter ended Dec 31, 2025) and $2.57 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 277.52 Bn | 262.59 Bn | 2.30 Bn | 1.11 Bn |
| 2 | CrowdStrike Holdings | 249.50 Bn | 229.90 Bn | 1.10 Bn | 374.00 Mn |
| 3 | Fortinet | 133.40 Bn | 119.33 Bn | 1.64 Bn | 404.70 Mn |
| 4 | Snowflake | 117.12 Bn | 104.44 Bn | 1.04 Bn | 510.08 Mn |
| 5 | Datadog | 94.86 Bn | 76.51 Bn | 881.34 Mn | 240.11 Mn |
| 6 | Okta | 36.37 Bn | 26.46 Bn | 641.00 Mn | 164.00 Mn |
| 7 | Zscaler | 35.35 Bn | 21.47 Bn | - | - |
| 8 | Axon Enterprise | 33.67 Bn | 28.19 Bn | 546.45 Mn | 357.94 Mn |
| 9 | MongoDB | 29.54 Bn | 20.01 Bn | 569.77 Mn | 202.01 Mn |
| 10 | Baidu | 2.84 Bn | -72.59 Bn | 1.76 Mn | 2.82 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.82 Bn |
| Mar 31, 2026 | 2.84 Bn |
| Dec 31, 2025 | 2.61 Bn |
| Sep 30, 2025 | 2.57 Bn |
| Jun 30, 2025 | 2.56 Bn |
| Mar 31, 2025 | 2.41 Bn |
| Dec 31, 2024 | 2.47 Bn |
| Sep 30, 2024 | 2.34 Bn |
| Jun 30, 2024 | 2.26 Bn |
| Mar 31, 2024 | 2.12 Bn |
| Dec 31, 2023 | 2.45 Bn |
| Sep 30, 2023 | 2.23 Bn |
| Jun 30, 2023 | 2.23 Bn |
| Mar 31, 2023 | 2.21 Bn |
| Dec 31, 2022 | 2.46 Bn |
| Sep 30, 2022 | 2.29 Bn |
| Jun 30, 2022 | 2.27 Bn |
| Mar 31, 2022 | 2.45 Bn |
| Dec 31, 2021 | 2.71 Bn |
| Sep 30, 2021 | 2.50 Bn |
API Access
Baidu Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BIDU&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "BIDU", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=BIDU&period=max&api_key=YOUR_API_KEY");
const data = await res.json();