Baidu (BIDU) Operating Leases (2019 - 2026)
Baidu (BIDU) posted quarterly Operating Leases of $1.1 billion for Q4 2025, up 54.06% year-over-year from $692.3 million in Q4 2024, and up 54.06% quarter-over-quarter from $692.3 million in Q4 2024.
Analysis
Baidu (BIDU) Operating Leases (2019 - 2026) Analysis & Trends
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 for Q4 2025 stood at $1.1 billion, up from $692.3 million in the prior quarter.
- The five-year high for Operating Leases was $1.1 billion in Q4 2025, with the low at $676.3 million in Q4 2022.
- The 5-year median for Operating Leases is $700.0 million (2023), against an average of $801.3 million.
- The sharpest annual moves came in 2022 and 2025: Operating Leases decreased 22.36% in 2022, then surged 54.06% in 2025.
- Baidu's Operating Leases stood at $871.0 million in 2021, then fell by 22.36% to $676.3 million in 2022, then grew by 3.5% to $700.0 million in 2023, then decreased by 1.1% to $692.3 million in 2024, then soared by 54.06% to $1.1 billion in 2025.
- Business Quant data shows BIDU's Operating Leases at $1.1 billion in Q4 2025, $692.3 million in Q4 2024, and $700.0 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn |
| 10 | Baidu | 3.28 Bn | -1.23 Bn | 1.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 797.00 Mn |
| Dec 31, 2025 | 688.75 Mn |
| Dec 31, 2024 | 692.32 Mn |
| Dec 31, 2023 | 699.99 Mn |
| Dec 31, 2022 | 676.31 Mn |
| Dec 31, 2021 | 871.05 Mn |
| Dec 31, 2020 | 708.14 Mn |
| Jun 30, 2020 | 960.00 Mn |
| Dec 31, 2019 | 636.48 Mn |