Baidu (BIDU) Gross Margin (2009 - 2026)
Baidu (BIDU) recorded quarterly Gross Margin of 0.04% in Q1 2026, up 123.38% quarter-over-quarter from 0.02% in Q4 2025, and down 5.0% on a YoY basis from 0.04% in Q1 2025.
Baidu (BIDU) Gross Margin (2009 - 2026) Analysis & Trends
Baidu's Gross Margin history runs 18 years deep, the most recent figure standing at 0.04% for Q1 2026.
- In Q1 2026, Gross Margin fell 5.0% year-over-year to 0.04%; the TTM figure through Mar 2026 stood at 11.91% (up 1181.0% YoY), while the FY2025 annual figure was 0.0%, down 1.0% from the prior year.
- Gross Margin was 0.04% for Q1 2026 at Baidu, up from 0.02% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 77.21% in Q3 2025 to a low of 4.94% in Q2 2025.
- Historically, Gross Margin has averaged 9.11% across 5 years, with a median of 0.1% in 2024.
- The sharpest annual moves came in 2024 and 2025: Gross Margin plunged 2403 bps in 2024, then surged 7711 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 13.42% in 2022, then slumped by 99 bps to 0.08% in 2023, then declined by 15 bps to 0.07% in 2024, then slumped by 74 bps to 0.02% in 2025, then surged by 123 bps to 0.04% in 2026.
- The last three Gross Margin figures came in at 0.04% (Q1 2026), 0.02% (Q4 2025), and 77.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 73.98% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 93.08% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 81.85% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 32.98% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 77.17% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 85.23% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 84.37% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 73.31% |
| 10 | Baidu | 4.13 Bn | -12.40 Bn | 1.88 Mn | 0.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.04% |
| Dec 31, 2025 | 0.02% |
| Sep 30, 2025 | 77.21% |
| Jun 30, 2025 | -4.94% |
| Mar 31, 2025 | 0.09% |
| Dec 31, 2024 | 0.07% |
| Sep 30, 2024 | 0.10% |
| Jun 30, 2024 | 0.10% |
| Mar 31, 2024 | 0.10% |
| Dec 31, 2023 | 0.08% |
| Sep 30, 2023 | 0.10% |
| Jun 30, 2023 | 24.13% |
| Mar 31, 2023 | 0.10% |
| Dec 31, 2022 | 13.42% |
| Sep 30, 2022 | 19.14% |
| Jun 30, 2022 | 16.94% |
| Mar 31, 2022 | 8.16% |
| Dec 31, 2021 | 16.57% |
| Sep 30, 2021 | 23.30% |
| Jun 30, 2021 | 0.09% |