Baidu, Inc. (BIDU) quarterly balance sheet — complete assets, liabilities & equity history
Baidu, Inc. (BIDU) balance sheet — 23-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 207.44B | 22.48B | 151.97B | 158.29B | 157.22B | 175.83B | 168.85B | 172.12B | 187.27B | 217.48B | 230.25B | 230.42B | 228.77B | 229.21B | 212.85B | 208.92B | 209.51B | 211.5B | 213.31B | 215.39B |
| Cash & Short-Term Investments | 166.48B | 17.01B | 115.27B | 124.81B | 123.87B | 141.77B | 127.44B | 132.81B | 150.35B | 180.2B | 193.9B | 191.27B | 190.16B | 182.76B | 174B | 173.31B | 178.29B | 180B | 180.09B | 183.83B |
| Cash Only | 24.7B | 4.42B | 24.61B | 38.62B | 29.94B | 49.2B | 24.83B | 28.68B | 43.53B | 30.42B | 25.23B | 34.91B | 42.06B | 23.64B | 53.16B | 55.16B | 42.53B | 36.83B | 36.85B | 40.7B |
| Short-Term Investments | 141.78B | 12.59B | 90.66B | 86.19B | 93.93B | 92.57B | 102.61B | 104.13B | 106.82B | 149.78B | 168.67B | 156.36B | 148.09B | 159.13B | 120.84B | 118.15B | 135.75B | 143.17B | 143.24B | 143.13B |
| Accounts Receivable | 14.22B | 2.16B | 13.73B | 12.52B | 12.33B | 11.82B | 14.28B | 11.23B | 12.51B | 12.11B | 16.62B | 15.67B | 16.43B | 16.01B | 21.14B | 14.56B | 11.04B | 10.57B | 14.83B | 9.65B |
| Days Sales Outstanding | 23.86 | 22.3 | 36.89 | 36.67 | 33.59 | 36.19 | 34.38 | 32.54 | 33.01 | 41.48 | 42.5 | 42.87 | 43.34 | 53.67 | 49.64 | 36.19 | 33.18 | 40.24 | 34.03 | 31.58 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 5.99B | 0 | 0 | 0 | 1.4B | 0 | 0 | 0 | 1.23B | 0 | 0 | 0 | 1.48B | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | 30.59 | - | - | - | 7.37 | - | - | - | 6.66 | - | - | - | 7.86 | - |
| Other Current Assets | 26.74B | 3.31B | 22.97B | 20.96B | 21.03B | 22.24B | 14.96B | 28.08B | 24.4B | 25.17B | 14.62B | 23.48B | 22.19B | 30.43B | 12.95B | 21.05B | 20.18B | 20.93B | 12.94B | 21.91B |
| Total Non-Current Assets | 262.66B | 42.6B | 297.19B | 285.78B | 293.35B | 278.15B | 258.93B | 245.2B | 228.26B | 197.22B | 176.5B | 180.62B | 177.55B | 171.77B | 178.12B | 180.11B | 175.61B | 164.13B | 166.72B | 168.96B |
| Property, Plant & Equipment | 47.07B | 5.12B | 34.89B | 33.82B | 43.14B | 41.89B | 41B | 40.39B | 40.07B | 38.85B | 38.81B | 36.99B | 34.76B | 33.16B | 34.34B | 35.03B | 33.83B | 33.9B | 35.09B | 31.21B |
| Fixed Asset Turnover | 1.20x | 1.60x | 0.95x | 0.81x | 0.77x | 0.78x | 0.84x | 0.83x | 0.86x | 0.81x | 0.92x | 0.96x | 1.00x | 0.92x | 0.95x | 0.95x | 0.88x | 0.82x | 1.00x | 1.07x |
| Goodwill | 36.8B | 5.32B | 36.78B | 37.64B | 37.64B | 37.64B | 22.59B | 22.59B | 22.59B | 22.59B | 22.59B | 22.59B | 22.59B | 22.59B | 22.48B | 22.6B | 22.6B | 22.61B | 22.61B | 22.61B |
| Intangible Assets | 18.91B | 3.63B | 24.43B | 23.85B | 24.4B | 23.45B | 22.4B | 21.92B | 22.05B | 21.41B | 21.23B | 20.63B | 20.25B | 20.49B | 21.1B | 21.31B | 20.82B | 20.68B | 19.9B | 18.66B |
| Long-Term Investments | 117.35B | 23.08B | 168.78B | 158.45B | 155.23B | 149.68B | 140.26B | 133.18B | 118.69B | 92.35B | 72.62B | 77.81B | 77.3B | 74.14B | 78.93B | 77.68B | 74.32B | 64.25B | 67.33B | 74.01B |
| Other Non-Current Assets | 38.05B | 4.67B | 27.72B | 26.76B | 30.59B | 23.32B | 30.5B | 24.26B | 22.52B | 19.77B | 19.16B | 20.81B | 20.75B | 19.31B | 19.16B | 20.29B | 21.04B | 20.02B | 19.42B | 19.91B |
| Total Assets | 470.1B | 65.08B | 449.16B | 444.07B | 450.57B | 453.98B | 427.78B | 417.32B | 415.53B | 414.7B | 406.76B | 411.03B | 406.32B | 400.98B | 390.97B | 389.03B | 385.12B | 375.63B | 380.03B | 384.36B |
| Asset Turnover | 0.12x | 0.12x | 0.07x | 0.07x | 0.07x | 0.07x | 0.08x | 0.08x | 0.08x | 0.08x | 0.09x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.08x | 0.09x | 0.08x |
| Asset Growth % | 4.33% | -85.67% | 5% | 6.41% | 8.43% | 9.47% | 5.17% | 1.53% | 2.27% | 3.42% | 4.04% | 5.66% | 5.51% | 6.75% | 2.88% | 1.22% | -1.07% | -0.98% | 14.22% | 22.12% |
| Total Current Liabilities | 89.15B | 12.14B | 86.33B | 83.01B | 85.13B | 76.86B | 80.95B | 78.43B | 80.77B | 77.93B | 76.45B | 81.6B | 80.7B | 78.07B | 79.63B | 84.98B | 76.2B | 68.19B | 74.49B | 73.92B |
| Accounts Payable | 40.05B | 5.71B | 0 | 36.66B | 38.21B | 38.77B | 0 | 39B | 37.99B | 36.74B | 0 | 37.18B | 36.05B | 34.04B | 0 | 38.69B | 35.78B | 35.69B | 0 | 40.46B |
| Days Payables Outstanding | 109.35 | 26.26 | - | 188.04 | 190.8 | 199.54 | - | 215.96 | 207.35 | 218.64 | - | 206.74 | 197.26 | 202.21 | - | 210.52 | 214.37 | 206.64 | - | 224.6 |
| Short-Term Debt | 34.02B | 4.19B | 28.41B | 27.64B | 28.21B | 18.4B | 19.11B | 19.74B | 23.42B | 22.73B | 19.09B | 21.03B | 21.94B | 21.96B | 20.55B | 25.94B | 23.16B | 14.9B | 14.68B | 15.25B |
| Deferred Revenue (Current) | 431.15M | 81.93M | 13.58B | 13.73B | 13.63B | 14.52B | 16.55B | 14.61B | 14.33B | 13.87B | 16.33B | 15.19B | 14.73B | 14.05B | 14.35B | 14.05B | 13.11B | 13.24B | 14.74B | 13.62B |
| Other Current Liabilities | 14.64B | 2.15B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 2.33x | 1.85x | 1.76x | 1.91x | 1.85x | 2.29x | 2.09x | 2.19x | 2.32x | 2.79x | 3.01x | 2.82x | 2.83x | 2.94x | 2.67x | 2.46x | 2.75x | 3.10x | 2.86x | 2.91x |
| Quick Ratio | 2.33x | 1.85x | 1.76x | 1.91x | 1.85x | 2.29x | 2.01x | 2.19x | 2.32x | 2.79x | 2.99x | 2.82x | 2.83x | 2.94x | 2.66x | 2.46x | 2.75x | 3.10x | 2.84x | 2.91x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 85.75B | 10.62B | 73.1B | 73.46B | 67.53B | 87.04B | 63.22B | 59.7B | 61.82B | 69B | 67.7B | 68.72B | 72.17B | 75.33B | 73.54B | 73.26B | 78.18B | 82.21B | 81.59B | 85.88B |
| Long-Term Debt | 73.51B | 8.87B | 61.1B | 62.11B | 55.55B | 75.05B | 51.94B | 49.59B | 51.13B | 58.67B | 57.36B | 58.68B | 61.61B | 65.02B | 63.18B | 61.57B | 64.63B | 68.73B | 68.4B | 73.88B |
| Capital Lease Obligations | 5.41B | 570.48M | 4.11B | 4.15B | 4.64B | 5.11B | 4.97B | 4.91B | 5.06B | 4.89B | 5.04B | 4.83B | 4.79B | 4.65B | 4.81B | 5.17B | 4.96B | 5.15B | 5.57B | 4.9B |
| Deferred Tax Liabilities | 5.43B | 754.32M | 4.99B | 4.07B | 4.2B | 4.01B | 3.87B | 2.88B | 2.94B | 2.82B | 2.73B | 2.75B | 2.99B | 3.01B | 2.9B | 2.85B | 2.95B | 3.01B | 3.29B | 3.38B |
| Other Non-Current Liabilities | 477.17M | 287.48M | 1.99B | 2.27B | 2.29B | 2.02B | 1.61B | 1.52B | 1.89B | 1.93B | 1.9B | 1.92B | 2.24B | 2.16B | 2.16B | 3.21B | 5.23B | 4.95B | 3.99B | 3.41B |
| Total Liabilities | 174.9B | 22.76B | 159.43B | 156.47B | 152.66B | 163.91B | 144.17B | 138.13B | 142.59B | 146.93B | 144.15B | 150.32B | 152.87B | 153.4B | 153.17B | 158.24B | 154.38B | 150.4B | 156.08B | 159.79B |
| Total Debt | 112.94B | 13.63B | 97.08B | 97.24B | 91.84B | 102.05B | 79.32B | 77.36B | 82.8B | 89.4B | 84.59B | 87.49B | 91.27B | 94.43B | 91.35B | 95.49B | 95.51B | 91.58B | 91.51B | 96.78B |
| Net Debt | 88.23B | 9.21B | 72.47B | 58.62B | 61.9B | 52.85B | 54.49B | 48.67B | 39.27B | 58.98B | 59.36B | 52.59B | 49.21B | 70.79B | 38.2B | 40.33B | 52.98B | 54.75B | 54.66B | 56.08B |
| Debt / Equity | 0.38x | 0.32x | 0.34x | 0.34x | 0.31x | 0.35x | 0.28x | 0.28x | 0.30x | 0.33x | 0.32x | 0.34x | 0.36x | 0.38x | 0.38x | 0.41x | 0.41x | 0.41x | 0.41x | 0.43x |
| Debt / EBITDA | 20.78x | 4.26x | 10.33x | 28.73x | 16.97x | 15.80x | 13.52x | 10.06x | 10.84x | 12.59x | 11.40x | 10.63x | 12.90x | 10.90x | 14.30x | 10.21x | 12.85x | 13.81x | 27.83x | 14.31x |
| Net Debt / EBITDA | 16.23x | 2.88x | 7.71x | 17.32x | 11.44x | 8.18x | 9.28x | 6.33x | 5.14x | 8.31x | 8.00x | 6.39x | 6.96x | 8.17x | 5.98x | 4.31x | 7.13x | 8.25x | 16.62x | 8.29x |
| Interest Coverage | 4.97x | 7.00x | 5.19x | -19.83x | 12.61x | 12.23x | 11.23x | 13.78x | 10.05x | 9.79x | 4.70x | 10.59x | 9.05x | 10.42x | 9.64x | 1.76x | 5.79x | 0.49x | 3.71x | -20.80x |
| Total Equity | 295.2B | 42.32B | 289.73B | 287.6B | 297.91B | 290.07B | 283.61B | 279.19B | 272.94B | 267.76B | 262.61B | 260.71B | 253.45B | 247.58B | 237.81B | 230.79B | 230.74B | 225.23B | 223.95B | 224.56B |
| Equity Growth % | -0.91% | -85.41% | 2.16% | 3.01% | 9.15% | 8.33% | 8% | 7.09% | 7.69% | 8.15% | 10.43% | 12.96% | 9.85% | 9.92% | 6.19% | 2.77% | -3.59% | -5.81% | 16.74% | 22.27% |
| Book Value per Share | 857.21 | 122.49 | 840.39 | 848.06 | 873.00 | 840.19 | 815.27 | 794.85 | 777.05 | 760.69 | 742.35 | 732.85 | 715.47 | 698.13 | 679.20 | 661.77 | 656.67 | 651.19 | 636.23 | 646.68 |
| Total Shareholders' Equity | 271.85B | 38.92B | 266.33B | 264.53B | 275.06B | 269.75B | 263.62B | 259.65B | 252.77B | 248.01B | 243.63B | 242.43B | 235.64B | 230.09B | 223.48B | 217.24B | 217.11B | 212.17B | 211.46B | 211.38B |
| Common Stock | 0 | 0 | 266.33B | 264.53B | 275.06B | 269.75B | 0 | 259.65B | 252.77B | 248.01B | 0 | 242.43B | 235.64B | 230.09B | 0 | 217.24B | 217.11B | 212.17B | 0 | 211.38B |
| Retained Earnings | 0 | 0 | 0 | 0 | 0 | 0 | 180.07B | 0 | 0 | 0 | 161.24B | 0 | 0 | 0 | 148.34B | 0 | 0 | 0 | 145.16B | 0 |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | -6.24B | 0 | 0 | 0 | -3.82B | 0 | 0 | 0 | -5.26B | 0 | 0 | 0 | -7.58B | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | -1.8B | 0 | 0 | 0 | -895M | 0 | 0 | 0 | 546M | 0 | 0 | 0 | -8M | 0 |
| Minority Interest | 23.35B | 3.4B | 23.4B | 23.07B | 22.86B | 20.33B | 19.99B | 19.54B | 20.17B | 19.76B | 18.98B | 18.28B | 17.81B | 17.48B | 14.33B | 13.56B | 13.62B | 13.06B | 12.49B | 13.18B |