Baidu, Inc.
9888.HKFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
17,306
Cost of Revenue
8,593
Gross Profit
8,713
Gross Margin
50.3%
Operating Income
2,765
Operating Margin
16.0%
Net Income
3,089
Net Margin
17.8%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,673
EBITDA Margin
27.0%
2023
12/31/2023
Revenue
17,498
Cost of Revenue
8,454
Gross Profit
9,044
Gross Margin
51.7%
Operating Income
2,841
Operating Margin
16.2%
Net Income
2,641
Net Margin
15.1%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,750
EBITDA Margin
27.1%
2022
12/31/2022
Revenue
16,078
Cost of Revenue
8,312
Gross Profit
7,766
Gross Margin
48.3%
Operating Income
2,068
Operating Margin
12.9%
Net Income
983
Net Margin
6.1%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
3,992
EBITDA Margin
24.8%
2021
12/31/2021
Revenue
16,184
Cost of Revenue
8,361
Gross Profit
7,823
Gross Margin
48.3%
Operating Income
1,367
Operating Margin
8.4%
Net Income
1,329
Net Margin
8.2%
EPS (Basic)
$0.00
EPS (Diluted)
$0.00
EBITDA
3,525
EBITDA Margin
21.8%
2020
12/31/2020
Revenue
13,920
Cost of Revenue
7,171
Gross Profit
6,749
Gross Margin
48.5%
Operating Income
1,864
Operating Margin
13.4%
Net Income
2,921
Net Margin
21.0%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
4,273
EBITDA Margin
30.7%