Baidu (BIDU) EBITDA (2009 - 2026)
Baidu (BIDU) recorded quarterly EBITDA of $877.0 million in Q1 2026, up 31.59% quarter-over-quarter from $666.5 million in Q4 2025, and down 11.68% on a YoY basis from $993.0 million in Q1 2025.
Baidu (BIDU) EBITDA (2009 - 2026) Analysis & Trends
Baidu's EBITDA history runs 18 years deep, the most recent figure standing at $877.0 million for Q1 2026.
- In Q1 2026, EBITDA fell 11.68% year-over-year to $877.0 million; the TTM figure through Mar 2026 stood at $3.1 billion (down 31.27% YoY), while the FY2025 annual figure was $782.0 million, down 75.02% from the prior year.
- EBITDA was $877.0 million for Q1 2026 at Baidu, up from $666.5 million in the prior quarter.
- In the past five years, EBITDA ranged from a high of $1.3 billion in Q3 2023 to a low of -$1.1 billion in Q4 2023.
- Historically, EBITDA has averaged $835.6 million across 5 years, with a median of $906.0 million in 2025.
- The sharpest annual moves came in 2023 and 2024: EBITDA slumped 263.35% in 2023, then soared 188.99% in 2024.
- A 5-year view of EBITDA shows it stood at $666.0 million in 2022, then plunged by 263.35% to -$1.1 billion in 2023, then jumped by 188.99% to $968.1 million in 2024, then sank by 31.16% to $666.5 million in 2025, then jumped by 31.59% to $877.0 million in 2026.
- The last three EBITDA figures came in at $877.0 million (Q1 2026), $666.5 million (Q4 2025), and $622.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | -128.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 39.70 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 22.87 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 837.08 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 182.91 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | -80.29 Mn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 90.03 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | -74.45 Mn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 36.00 Mn |
| 10 | Baidu | 4.13 Bn | -12.40 Bn | 1.88 Mn | 877.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 877.00 Mn |
| Dec 31, 2025 | 666.47 Mn |
| Sep 30, 2025 | 622.00 Mn |
| Jun 30, 2025 | 906.00 Mn |
| Mar 31, 2025 | 993.00 Mn |
| Dec 31, 2024 | 968.11 Mn |
| Sep 30, 2024 | 1.24 Bn |
| Jun 30, 2024 | 1.26 Bn |
| Mar 31, 2024 | 1.14 Bn |
| Dec 31, 2023 | -1.09 Bn |
| Sep 30, 2023 | 1.31 Bn |
| Jun 30, 2023 | 743.86 Mn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | 666.00 Mn |
| Sep 30, 2022 | 777.35 Mn |
| Jun 30, 2022 | 1.05 Bn |
| Mar 31, 2022 | 866.42 Mn |
| Dec 31, 2021 | 974.00 Mn |
| Sep 30, 2021 | 1.09 Bn |
| Jun 30, 2021 | 1.24 Bn |