Develops AI models for search and autonomous driving applications.
Dec 2025Revenue $18.5B/yrExpenses $19.3B/yr
Fell below break-even Oct 2025Cash runway ≈ 7.6 years from Dec 2025
Figures by year
When will Baidu be profitable again?
Its expenses passed its revenue in Oct 2025. In the 12 months to Dec 2025, revenue was $18.5B and expenses $19.3B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $18.5B | $19.3B | −$833M |
| Dec 2024 | $18.2B | $15.3B | $2.91B |
| Dec 2023 | $19.0B | $15.9B | $3.08B |
| Dec 2022 | $17.9B | $15.6B | $2.31B |
| Dec 2021 | $19.5B | $17.9B | $1.65B |
| Dec 2020 | $16.4B | $14.2B | $2.20B |
| Dec 2019 | $15.4B | $14.5B | $906M |
| Dec 2018 | $14.9B | $12.6B | $2.26B |
| Dec 2017 | $13.0B | $10.6B | $2.41B |
| Dec 2016 | $10.2B | $8.71B | $1.45B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.