Baidu Historical Income Statement

BIDU Stock

USD 80.33 1.30 1.59%

Historical analysis of Baidu income statement accounts such as Interest Expense of 3.4 B, Selling General Administrative of 7.4 B or Total Revenue of 141.3 B can show how well Baidu Inc performed in making a profits. Evaluating Baidu income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Baidu's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Baidu Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Baidu Inc is a good buy for the upcoming year.

Net Income Gross Profit

Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

About Baidu Income Statement Analysis

Baidu Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Baidu shareholders. The income statement also shows Baidu investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Baidu Income Statement Chart

At this time, Baidu's EBITDA is comparatively stable compared to the past year. Cost Of Revenue is likely to gain to about 68.3 B in 2024, whereas Income Tax Expense is likely to drop slightly above 2.1 B in 2024.

Total Revenue Gross Profit Other Operating Expenses Ebit Cost Of Revenue

Total Revenue

Total revenue comprises all receipts Baidu Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Baidu Inc minus its cost of goods sold. It is profit before Baidu operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Baidu Inc. It is also known as Baidu overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Baidu Inc income statement and represents the costs associated with goods and services Baidu provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.

Most accounts from Baidu's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Baidu Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Baidu Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

	2021	2022	2023	2024 (projected)
Gross Profit	60.2B	59.7B	69.6B	73.0B
Total Revenue	124.5B	123.7B	134.6B	141.3B

Gross Profit Total Revenue

Baidu income statement Correlations

	Depreciation And Amortization	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling And Marketing Expenses	Net Income From Continuing Ops	Minority Interest	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.75	-0.01	0.67	0.69	0.67	-0.24	-0.44	0.75	0.25	0.64	0.7	0.23	0.38	0.11	0.3	-0.11	0.17	-0.34	-0.36	0.65	0.52	0.77
Interest Expense	0.75		0.51	0.96	0.93	0.97	-0.25	-0.17	0.98	0.36	0.97	0.96	0.23	0.52	0.06	0.4	0.4	0.14	0.04	-0.78	0.93	0.81	0.95
Selling General Administrative	-0.01	0.51		0.42	0.31	0.48	-0.61	-0.21	0.41	-0.23	0.52	0.42	-0.33	0.5	-0.35	0.01	0.97	-0.4	0.32	-0.63	0.53	0.47	0.56
Total Revenue	0.67	0.96	0.42		0.99	1.0	-0.07	0.04	0.99	0.53	0.99	0.99	0.39	0.52	0.22	0.53	0.34	0.19	0.07	-0.77	0.9	0.8	0.85
Gross Profit	0.69	0.93	0.31	0.99		0.97	0.06	0.12	0.97	0.64	0.96	0.98	0.49	0.48	0.31	0.58	0.24	0.23	-0.02	-0.69	0.85	0.78	0.8
Other Operating Expenses	0.67	0.97	0.48	1.0	0.97		-0.15	-0.01	0.99	0.47	1.0	0.99	0.33	0.56	0.17	0.52	0.4	0.14	0.08	-0.8	0.9	0.79	0.87
Operating Income	-0.24	-0.25	-0.61	-0.07	0.06	-0.15		0.8	-0.14	0.69	-0.18	-0.11	0.6	-0.49	0.48	0.15	-0.55	0.47	-0.18	0.32	-0.23	-0.04	-0.41
Ebit	-0.44	-0.17	-0.21	0.04	0.12	-0.01	0.8		-0.07	0.76	-0.03	0.01	0.7	-0.05	0.63	0.44	-0.1	0.17	0.08	0.17	-0.18	-0.01	-0.37
Research Development	0.75	0.98	0.41	0.99	0.97	0.99	-0.14	-0.07		0.47	0.98	0.99	0.32	0.53	0.15	0.47	0.32	0.16	-0.01	-0.76	0.91	0.81	0.89
Ebitda	0.25	0.36	-0.23	0.53	0.64	0.47	0.69	0.76	0.47		0.43	0.52	0.92	0.22	0.75	0.69	-0.18	0.3	-0.16	-0.08	0.28	0.37	0.16
Cost Of Revenue	0.64	0.97	0.52	0.99	0.96	1.0	-0.18	-0.03	0.98	0.43		0.98	0.29	0.55	0.14	0.49	0.42	0.15	0.14	-0.83	0.91	0.8	0.87
Total Operating Expenses	0.7	0.96	0.42	0.99	0.98	0.99	-0.11	0.01	0.99	0.52	0.98		0.39	0.59	0.22	0.55	0.35	0.12	0.01	-0.75	0.88	0.77	0.85
Income Before Tax	0.23	0.23	-0.33	0.39	0.49	0.33	0.6	0.7	0.32	0.92	0.29	0.39		0.24	0.93	0.82	-0.28	0.37	0.01	0.09	0.11	0.15	0.04
Total Other Income Expense Net	0.38	0.52	0.5	0.52	0.48	0.56	-0.49	-0.05	0.53	0.22	0.55	0.59	0.24		0.22	0.58	0.52	-0.52	0.02	-0.4	0.39	0.27	0.47
Net Income	0.11	0.06	-0.35	0.22	0.31	0.17	0.48	0.63	0.15	0.75	0.14	0.22	0.93	0.22		0.88	-0.32	0.41	0.17	0.26	0.0	0.03	-0.09
Income Tax Expense	0.3	0.4	0.01	0.53	0.58	0.52	0.15	0.44	0.47	0.69	0.49	0.55	0.82	0.58	0.88		0.03	0.22	0.23	-0.11	0.31	0.26	0.24
Selling And Marketing Expenses	-0.11	0.4	0.97	0.34	0.24	0.4	-0.55	-0.1	0.32	-0.18	0.42	0.35	-0.28	0.52	-0.32	0.03		-0.52	0.22	-0.55	0.41	0.37	0.44
Net Income From Continuing Ops	0.17	0.14	-0.4	0.19	0.23	0.14	0.47	0.17	0.16	0.3	0.15	0.12	0.37	-0.52	0.41	0.22	-0.52		0.33	0.08	0.23	0.24	0.1
Minority Interest	-0.34	0.04	0.32	0.07	-0.02	0.08	-0.18	0.08	-0.01	-0.16	0.14	0.01	0.01	0.02	0.17	0.23	0.22	0.33		-0.22	0.02	-0.12	-0.05
Tax Provision	-0.36	-0.78	-0.63	-0.77	-0.69	-0.8	0.32	0.17	-0.76	-0.08	-0.83	-0.75	0.09	-0.4	0.26	-0.11	-0.55	0.08	-0.22		-0.73	-0.59	-0.66
Interest Income	0.65	0.93	0.53	0.9	0.85	0.9	-0.23	-0.18	0.91	0.28	0.91	0.88	0.11	0.39	0.0	0.31	0.41	0.23	0.02	-0.73		0.95	0.92
Net Interest Income	0.52	0.81	0.47	0.8	0.78	0.79	-0.04	-0.01	0.81	0.37	0.8	0.77	0.15	0.27	0.03	0.26	0.37	0.24	-0.12	-0.59	0.95		0.8
Reconciled Depreciation	0.77	0.95	0.56	0.85	0.8	0.87	-0.41	-0.37	0.89	0.16	0.87	0.85	0.04	0.47	-0.09	0.24	0.44	0.1	-0.05	-0.66	0.92	0.8

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Baidu Account Relationship Matchups

Baidu income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	171.9K	22.7B	22.6B	20.1B	14.7B	15.4B
Interest Expense	3.0B	3.1B	3.4B	2.9B	3.2B	3.4B
Selling General Administrative	58.2B	9.7B	12.5B	10.3B	10.3B	7.4B
Total Revenue	107.4B	107.1B	124.5B	123.7B	134.6B	141.3B
Gross Profit	44.6B	51.9B	60.2B	59.7B	69.6B	73.0B
Other Operating Expenses	101.1B	92.7B	114.0B	107.8B	112.7B	118.4B
Operating Income	(19.5B)	(8.4B)	(8.5B)	(5.6B)	21.9B	22.9B
Ebit	2.7B	(8.4B)	(8.5B)	(5.6B)	21.9B	22.9B
Research Development	18.3B	19.5B	24.9B	23.3B	24.2B	25.4B
Ebitda	2.7B	14.3B	14.1B	14.5B	36.5B	38.4B
Cost Of Revenue	62.9B	55.2B	64.3B	63.9B	65.0B	68.3B
Total Operating Expenses	38.3B	37.6B	49.7B	43.8B	47.7B	50.1B
Income Before Tax	(340M)	23.1B	10.8B	10.1B	25.2B	26.5B
Total Other Income Expense Net	19.1B	8.8B	19.2B	15.7B	3.3B	5.7B
Net Income	(2.3B)	22.5B	7.6B	7.6B	20.3B	10.2B
Income Tax Expense	1.9B	4.1B	3.2B	2.6B	3.6B	2.1B
Net Income Applicable To Common Shares	2.0B	22.4B	10.2B	7.0B	8.0B	8.1B
Selling And Marketing Expenses	78.1B	8.4B	12.2B	10.2B	13.2B	12.0B
Net Income From Continuing Ops	(2.3B)	22.5B	7.6B	7.5B	21.5B	13.2B
Minority Interest	9.2B	9.1B	2.6B	25M	(1.2B)	(1.2B)
Tax Provision	1.9B	4.1B	3.2B	2.6B	3.6B	2.8B
Interest Income	6.1B	5.4B	5.6B	6.2B	8.0B	5.2B
Net Interest Income	3.1B	2.3B	2.1B	3.3B	4.8B	2.9B
Reconciled Depreciation	22.1B	22.7B	22.6B	20.1B	21.5B	21.5B

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Baidu Historical Income Statement

About Baidu Income Statement Analysis

Baidu Income Statement Chart

Total Revenue

Gross Profit

Other Operating Expenses

Cost Of Revenue

Baidu income statement Correlations

Baidu Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Baidu income statement Accounts

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Other Operating Expenses	+ 1.0	Total Revenue
Cost Of Revenue	+ 1.0	Other Operating Expenses
Gross Profit	+ 0.99	Total Revenue
Research Development	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Total Operating Expenses	+ 0.99	Total Revenue

Tax Provision	- 0.83	Cost Of Revenue
Tax Provision	- 0.8	Other Operating Expenses
Tax Provision	- 0.78	Interest Expense
Tax Provision	- 0.77	Total Revenue
Tax Provision	- 0.76	Research Development
Tax Provision	- 0.75	Total Operating Expenses