Baidu (BIDU) Operating Leases (2019 - 2025)

Baidu's Operating Leases history runs 7 years deep, the most recent figure standing at $1.1 billion for Q4 2025.

• In Q4 2025, Operating Leases rose 54.06% year-over-year to $1.1 billion; the TTM figure through Dec 2025 stood at $1.1 billion (up 54.06% YoY), while the FY2025 annual figure was $1.1 billion, down 4.67% from the prior year.
• Operating Leases was $1.1 billion for Q4 2025 at Baidu, up from $692.3 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $1.1 billion in Q4 2025 to a low of $676.3 million in Q4 2022.
• Historically, Operating Leases has averaged $801.3 million across 5 years, with a median of $700.0 million in 2023.
• The sharpest annual moves came in 2022 and 2025: Operating Leases slipped 22.36% in 2022, then soared 54.06% in 2025.
• A 5-year view of Operating Leases shows it stood at $871.0 million in 2021, then retreated by 22.36% to $676.3 million in 2022, then increased by 3.5% to $700.0 million in 2023, then slipped by 1.1% to $692.3 million in 2024, then jumped by 54.06% to $1.1 billion in 2025.
• The last three Operating Leases figures came in at $1.1 billion (Q4 2025), $692.3 million (Q4 2024), and $700.0 million (Q4 2023), per Business Quant data.