Baidu (BIDU) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Baidu Revenue Highlights

Latest Revenue (Y)

$134.60B

Latest Revenue (Q)

$31.51B

Main Segment (Y)

Online Marketing Services

Baidu Revenue by Period

Baidu Revenue by Year

Date	Revenue	Change
2023-12-31	$134.60B	8.83%
2022-12-31	$123.67B	-0.66%
2021-12-31	$124.49B	16.27%
2020-12-31	$107.07B	-0.32%
2019-12-31	$107.41B	5.02%
2018-12-31	$102.28B	20.60%
2017-12-31	$84.81B	20.21%
2016-12-31	$70.55B	6.28%
2015-12-31	$66.38B	35.33%
2014-12-31	$49.05B	53.56%
2013-12-31	$31.94B	43.21%
2012-12-31	$22.31B	53.83%
2011-12-31	$14.50B	83.20%
2010-12-31	$7.92B	77.96%
2009-12-31	$4.45B	39.07%
2008-12-31	$3.20B	83.34%
2007-12-31	$1.74B	108.21%
2006-12-31	$837.84M	1965.12%
2005-12-31	$40.57M	-65.46%
2004-12-31	$117.45M	189.49%
2003-12-31	$40.57M	-

Baidu generated $134.60B in revenue during NA 2023, up 8.83% compared to the previous quarter, and up 131.60% compared to the same period a year ago.

Baidu Revenue by Quarter

Date	Revenue	Change
2024-03-31	$31.51B	-9.84%
2023-12-31	$34.95B	1.46%
2023-09-30	$34.45B	1.15%
2023-06-30	$34.06B	9.35%
2023-03-31	$31.14B	-5.84%
2022-12-31	$33.08B	1.65%
2022-09-30	$32.54B	9.76%
2022-06-30	$29.65B	4.35%
2022-03-31	$28.41B	-14.14%
2021-12-31	$33.09B	3.66%
2021-09-30	$31.92B	1.82%
2021-06-30	$31.35B	11.43%
2021-03-31	$28.13B	-7.03%
2020-12-31	$30.26B	7.19%
2020-09-30	$28.23B	8.44%
2020-06-30	$26.03B	15.48%
2020-03-31	$22.55B	-21.95%
2019-12-31	$28.88B	2.86%
2019-09-30	$28.08B	6.66%
2019-06-30	$26.33B	9.13%
2019-03-31	$24.12B	-11.30%
2018-12-31	$27.20B	-3.57%
2018-09-30	$28.20B	8.59%
2018-06-30	$25.97B	24.23%
2018-03-31	$20.91B	-11.25%
2017-12-31	$23.56B	0.29%
2017-09-30	$23.49B	12.53%
2017-06-30	$20.87B	23.58%
2017-03-31	$16.89B	-7.26%
2016-12-31	$18.21B	-0.22%
2016-09-30	$18.25B	-0.06%
2016-06-30	$18.26B	15.44%
2016-03-31	$15.82B	-15.39%
2015-12-31	$18.70B	1.72%
2015-09-30	$18.38B	10.91%
2015-06-30	$16.58B	30.26%
2015-03-31	$12.72B	-9.43%
2014-12-31	$14.05B	3.92%
2014-09-30	$13.52B	12.80%
2014-06-30	$11.99B	26.21%
2014-03-31	$9.50B	-0.28%
2013-12-31	$9.52B	7.10%
2013-09-30	$8.89B	17.60%
2013-06-30	$7.56B	26.68%
2013-03-31	$5.97B	-5.79%
2012-12-31	$6.34B	1.35%
2012-09-30	$6.25B	14.56%
2012-06-30	$5.46B	27.97%
2012-03-31	$4.26B	-4.70%
2011-12-31	$4.47B	7.15%
2011-09-30	$4.18B	22.27%
2011-06-30	$3.42B	40.18%
2011-03-31	$2.44B	100.00%
2010-09-30	-	-100.00%
2010-06-30	$1.91B	47.95%
2010-03-31	$1.29B	11281.08%
2009-12-31	$11.37M	-99.11%
2009-09-30	$1.28B	16.51%
2009-06-30	$1.10B	35.37%
2009-03-31	$810.71M	-191.80%
2008-12-31	$-883.08M	-196.12%
2008-09-30	$918.69M	14.52%
2008-06-30	$802.22M	39.75%
2008-03-31	$574.05M	0.21%
2007-12-31	$572.86M	15.55%
2007-09-30	$495.77M	-

Baidu generated $31.51B in revenue during Q1 2024, up -9.84% compared to the previous quarter, and up 95.27% compared to the same period a year ago.

Baidu Revenue Breakdown

Baidu Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Online Marketing Services	$81.20B	$74.71B	$80.69B	$72.84B	-
Product and Service, Other	$53.40B	$48.96B	$43.80B	$34.23B	$29.32B
Online Marketing Service	-	-	-	-	$78.09B
Other Revenue IQIYI Content Distribution	-	-	-	-	$2.54B
Other Revenue IQIYI Membership Service	-	-	-	-	$14.41B
Other Revenue Others	-	-	-	-	$12.36B

Baidu's latest annual revenue breakdown by segment (product or service), as of Dec 23: Online Marketing Services (60.33%), and Product and Service, Other (39.67%).

Quarterly Revenue by Product

Product/Service	Dec 20	Jun 20	Dec 18
Product and Service, Other	$17.59B	$16.65B	$6.00B
Other Revenue IQIYI Content Distribution	-	$1.46B	$522.00M
Other Revenue IQIYI Membership Service	-	$8.67B	$3.18B
Other Revenue Others	-	$6.51B	-
Online Marketing Service	-	$31.93B	$21.20B
Other Interest Income Earned from Provision of Financial Services	-	-	-
Other Revenue Other	-	-	$2.29B

Baidu's latest quarterly revenue breakdown by segment (product or service), as of Dec 20: Product and Service, Other (100.00%).

Baidu Revenue Breakdown by Country

Quarterly Revenue by Country

Country	Jun 20	Dec 18
Product and Service, Other	$16.65B	$6.00B
Other Revenue Others	$6.51B	-
Other Revenue IQIYI Content Distribution	$1.46B	$522.00M
Online Marketing Service	$31.93B	$21.20B
Other Revenue IQIYI Membership Service	$8.67B	$3.18B
Other Revenue Other	-	$2.29B
Other Interest Income Earned from Provision of Financial Services	-	-

Baidu's latest quarterly revenue breakdown by geography, as of Jun 20: Online Marketing Service (48.95%), Product and Service, Other (25.52%), Other Revenue IQIYI Membership Service (13.30%), Other Revenue Others (9.98%), and Other Revenue IQIYI Content Distribution (2.24%).

Baidu Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
GOOG	Alphabet	$307.39B	$88.27B
META	Meta Platforms	$134.90B	$40.59B
BIDU	Baidu	$134.60B	$31.51B
TME	Tencent Music Entertainment Group	$27.75B	$6.77B
SPOT	Spotify	$13.25B	$3.64B
SNAP	Snap	$4.61B	$1.37B
TWLO	Twilio	$4.15B	$1.13B
PINS	Pinterest	$3.06B	$898.37M
WB	Weibo	$1.76B	$395.50M
FVRR	Fiverr	$361.38M	$93.52M

BIDU Revenue FAQ

What is Baidu’s yearly revenue?

Baidu's yearly revenue for 2023 was $134.6B, representing an increase of 8.83% compared to 2022. The company's yearly revenue for 2022 was $123.68B, representing a decrease of -0.66% compared to 2021. BIDU's yearly revenue for 2021 was $124.49B, representing an increase of 16.27% compared to 2020.

What is Baidu’s quarterly revenue?

Baidu's quarterly revenue for Q1 2024 was $31.51B, a -9.84% decrease from the previous quarter (Q4 2023), and a 1.18% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $34.95B, a 1.46% increase from the previous quarter (Q3 2023), and a 5.67% increase year-over-year (Q4 2022). BIDU's quarterly revenue for Q3 2023 was $34.45B, a 1.15% increase from the previous quarter (Q2 2023), and a 5.86% increase year-over-year (Q3 2022).

What is Baidu’s revenue growth rate?

Baidu's revenue growth rate for the last 3 years (2021-2023) was 8.12%, and for the last 5 years (2019-2023) was 25.31%.

What are Baidu’s revenue streams?

Baidu's revenue streams in c 23 are Online Marketing Services, and Product and Service, Other. Online Marketing Services generated $81.2B in revenue, accounting 60.33% of the company's total revenue, up 8.69% year-over-year. Product and Service, Other generated $53.4B in revenue, accounting 39.67% of the company's total revenue, up 9.05% year-over-year.

What is Baidu’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Baidu was Online Marketing Services. This segment made a revenue of $81.2B, representing 60.33% of the company's total revenue.