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% on a QoQ basis from $2.6 billion in Q4 2025.
Baidu (BIDU) Cost of Revenue (2009 - 2026) Analysis & Trends
Baidu (BIDU) has reported Cost of Revenue for 18 consecutive years, with $2.8 billion the latest figure, recorded in 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 came in at $2.8 billion for Q1 2026 at Baidu, 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.
- Average Cost of Revenue over 5 years is $2.4 billion, with a median of $2.4 billion recorded in 2025.
- Across the five-year window, Cost of Revenue decreased 10.03% in 2023 and gained 17.84% in 2026, its largest moves.
- Year by year, Cost of Revenue stood at $2.5 billion in 2022, then fell by 0.16% to $2.5 billion in 2023, then rose by 0.57% to $2.5 billion in 2024, then rose by 5.96% to $2.6 billion in 2025, then grew by 8.65% to $2.8 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $2.8 billion, $2.6 billion, and $2.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,330.11 Bn | 4,114.49 Bn | 102.29 Bn | 7.61 Bn |
| 2 | Meta Platforms | 1,553.11 Bn | 1,471.93 Bn | 46.09 Bn | 10.22 Bn |
| 3 | Baidu | 320.91 Bn | 305.99 Bn | 1.88 Mn | 2.84 Bn |
| 4 | BILI Social International | 84.82 Bn | 84.82 Bn | 405,933.00 | 131,586.00 |
| 5 | Joyy | 70.39 Bn | 70.39 Bn | 205.64 Mn | 376.28 Mn |
| 6 | Nebius | 59.20 Bn | 49.90 Bn | 295.20 Mn | 103.80 Mn |
| 7 | 37.81 Bn | 35.04 Bn | 511.94 Mn | 151.47 Mn | |
| 8 | Scienjoy Holding | 37.35 Bn | -14.16 Bn | 7.27 Mn | 33.70 Mn |
| 9 | Tencent Music Entertainment | 26.62 Bn | 24.37 Bn | 514.00 Mn | 630.00 Mn |
| 10 | 13.92 Bn | 12.62 Bn | 768.96 Mn | 238.55 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 |