Baidu Historical Income Statement

BIDU Stock  USD 84.82  1.31  1.57%   
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.
 
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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.
  
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

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.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Baidu Inc financial statement analysis. It represents the amount of money remaining after all of Baidu Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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.
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.
 2021 2022 2023 2024 (projected)
Gross Profit60.2B59.7B69.6B73.0B
Total Revenue124.5B123.7B134.6B141.3B

Baidu income statement Correlations

0.75-0.010.670.690.67-0.24-0.440.750.250.640.70.230.380.110.3-0.110.17-0.34-0.360.650.520.77
0.750.510.960.930.97-0.25-0.170.980.360.970.960.230.520.060.40.40.140.04-0.780.930.810.95
-0.010.510.420.310.48-0.61-0.210.41-0.230.520.42-0.330.5-0.350.010.97-0.40.32-0.630.530.470.56
0.670.960.420.991.0-0.070.040.990.530.990.990.390.520.220.530.340.190.07-0.770.90.80.85
0.690.930.310.990.970.060.120.970.640.960.980.490.480.310.580.240.23-0.02-0.690.850.780.8
0.670.970.481.00.97-0.15-0.010.990.471.00.990.330.560.170.520.40.140.08-0.80.90.790.87
-0.24-0.25-0.61-0.070.06-0.150.8-0.140.69-0.18-0.110.6-0.490.480.15-0.550.47-0.180.32-0.23-0.04-0.41
-0.44-0.17-0.210.040.12-0.010.8-0.070.76-0.030.010.7-0.050.630.44-0.10.170.080.17-0.18-0.01-0.37
0.750.980.410.990.970.99-0.14-0.070.470.980.990.320.530.150.470.320.16-0.01-0.760.910.810.89
0.250.36-0.230.530.640.470.690.760.470.430.520.920.220.750.69-0.180.3-0.16-0.080.280.370.16
0.640.970.520.990.961.0-0.18-0.030.980.430.980.290.550.140.490.420.150.14-0.830.910.80.87
0.70.960.420.990.980.99-0.110.010.990.520.980.390.590.220.550.350.120.01-0.750.880.770.85
0.230.23-0.330.390.490.330.60.70.320.920.290.390.240.930.82-0.280.370.010.090.110.150.04
0.380.520.50.520.480.56-0.49-0.050.530.220.550.590.240.220.580.52-0.520.02-0.40.390.270.47
0.110.06-0.350.220.310.170.480.630.150.750.140.220.930.220.88-0.320.410.170.260.00.03-0.09
0.30.40.010.530.580.520.150.440.470.690.490.550.820.580.880.030.220.23-0.110.310.260.24
-0.110.40.970.340.240.4-0.55-0.10.32-0.180.420.35-0.280.52-0.320.03-0.520.22-0.550.410.370.44
0.170.14-0.40.190.230.140.470.170.160.30.150.120.37-0.520.410.22-0.520.330.080.230.240.1
-0.340.040.320.07-0.020.08-0.180.08-0.01-0.160.140.010.010.020.170.230.220.33-0.220.02-0.12-0.05
-0.36-0.78-0.63-0.77-0.69-0.80.320.17-0.76-0.08-0.83-0.750.09-0.40.26-0.11-0.550.08-0.22-0.73-0.59-0.66
0.650.930.530.90.850.9-0.23-0.180.910.280.910.880.110.390.00.310.410.230.02-0.730.950.92
0.520.810.470.80.780.79-0.04-0.010.810.370.80.770.150.270.030.260.370.24-0.12-0.590.950.8
0.770.950.560.850.80.87-0.41-0.370.890.160.870.850.040.47-0.090.240.440.1-0.05-0.660.920.8
Click cells to compare fundamentals

Baidu Account Relationship Matchups

Baidu income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization171.9K22.7B22.6B20.1B14.7B15.4B
Interest Expense3.0B3.1B3.4B2.9B3.2B3.4B
Selling General Administrative58.2B9.7B12.5B10.3B10.3B7.4B
Total Revenue107.4B107.1B124.5B123.7B134.6B141.3B
Gross Profit44.6B51.9B60.2B59.7B69.6B73.0B
Other Operating Expenses101.1B92.7B114.0B107.8B112.7B118.4B
Operating Income(19.5B)(8.4B)(8.5B)(5.6B)21.9B22.9B
Ebit2.7B(8.4B)(8.5B)(5.6B)21.9B22.9B
Research Development18.3B19.5B24.9B23.3B24.2B25.4B
Ebitda2.7B14.3B14.1B14.5B36.5B38.4B
Cost Of Revenue62.9B55.2B64.3B63.9B65.0B68.3B
Total Operating Expenses38.3B37.6B49.7B43.8B47.7B50.1B
Income Before Tax(340M)23.1B10.8B10.1B25.2B26.5B
Total Other Income Expense Net19.1B8.8B19.2B15.7B3.3B5.7B
Net Income(2.3B)22.5B7.6B7.6B20.3B10.2B
Income Tax Expense1.9B4.1B3.2B2.6B3.6B2.1B
Net Income Applicable To Common Shares2.0B22.4B10.2B7.0B8.0B8.1B
Selling And Marketing Expenses78.1B8.4B12.2B10.2B13.2B12.0B
Net Income From Continuing Ops(2.3B)22.5B7.6B7.5B21.5B13.2B
Minority Interest9.2B9.1B2.6B25M(1.2B)(1.2B)
Tax Provision1.9B4.1B3.2B2.6B3.6B2.8B
Interest Income6.1B5.4B5.6B6.2B8.0B5.2B
Net Interest Income3.1B2.3B2.1B3.3B4.8B2.9B
Reconciled Depreciation22.1B22.7B22.6B20.1B21.5B21.5B

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Additional Tools for Baidu Stock Analysis

When running Baidu's price analysis, check to measure Baidu's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baidu is operating at the current time. Most of Baidu's value examination focuses on studying past and present price action to predict the probability of Baidu's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Baidu's price. Additionally, you may evaluate how the addition of Baidu to your portfolios can decrease your overall portfolio volatility.