Baidu
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Baidu's past years’ income statements indicate that its last revenue has increased compared to the previous period by 9% to $134,598,000,000. The net income raised on $20,315,000,000 and profit margin reached 15%. Total operating expenses were $47,711,000,000.
Profit Margin
| 2014 | 49.05B | 13.18B | 26.88% |
|---|---|---|---|
| 2015 | 66.38B | 33.66B | 50.71% |
| 2016 | 70.54B | 11.63B | 16.49% |
| 2017 | 84.80B | 18.30B | 21.58% |
| 2018 | 102.27B | 27.57B | 26.96% |
| 2019 | 107.41B | -2.28B | -2.13% |
| 2020 | 107.07B | 22.47B | 20.99% |
| 2021 | 124.49B | 7.59B | 6.1% |
| 2022 | 123.67B | 7.55B | 6.11% |
| 2023 | 134.59B | 20.31B | 15.09% |
BIDU.SW Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 134.59B | 123.67B | 124.49B | 107.07B | 107.41B | 102.27B | 84.80B | 70.54B | 66.38B | 49.05B |
Cost of revenue | 65.03B | 63.93B | 64.31B | 55.15B | 62.85B | 51.74B | 43.06B | 35.27B | 27.45B | 18.88B |
Gross profit | 69.56B | 59.74B | 60.17B | 51.91B | 44.56B | 50.53B | 41.74B | 35.27B | 38.92B | 30.16B |
Operating exp. | ||||||||||
Research and development | 24.19B | 23.31B | 24.93B | 19.51B | 18.34B | 15.77B | 12.92B | 10.15B | 10.17B | 6.98B |
Selling and marketing | 13.2B | 10.2B | 12.2B | 8.4B | 10.5B | 0 | 0 | 12.41B | 14.50B | 8.29B |
Total operating expenses | 47.71B | 43.82B | 49.66B | 37.57B | 38.25B | 35.00B | 26.05B | 25.22B | 27.25B | 17.36B |
Operating income | 21.85B | -5.57B | -8.46B | -8.37B | -19.48B | 15.53B | 15.69B | 10.04B | 11.67B | 12.80B |
Other income (expenses), net | 3.34B | 15.68B | 19.23B | 8.75B | 19.14B | 9.22B | 5.59B | 3.27B | 26.23B | 1.67B |
Income before tax | 25.19B | 10.11B | 10.77B | 23.09B | -340M | 27.32B | 21.28B | 14.50B | 37.90B | 14.47B |
Income tax expense | 3.64B | 2.57B | 3.18B | 4.06B | 1.94B | 4.74B | 2.99B | 2.91B | 5.47B | 2.23B |
Net income | 20.31B | 7.55B | 7.59B | 22.47B | -2.28B | 27.57B | 18.30B | 11.63B | 33.66B | 13.18B |
Earnings per share | ||||||||||
Basic EPS | 55.85 | 21.7 | 22.02 | 65.22 | -6.57 | 79.01 | 52.75 | 31.95 | 95.46 | 37.46 |
Diluted EPS | 55.14 | 21.7 | 21.58 | 65.23 | -6.56 | 78.4 | 52.41 | 31.86 | 95.15 | 37.32 |
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