# Baidu (BIDU) — Earnings

BIDU · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/bidu/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $1.06 |
| EPS estimate | $1.38 |
| EPS surprise | −22.78% |
| Revenue surprise | −1.43% |
| Revenue | $4.6B |
| Revenue estimate | $4.7B |
| Reported | Aug 18, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1329099/000119312526355431/d112854d6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/b32fd469-8388-5a47-c0a2-9f0b1e5bf7e1.html) |

Baidu reported Q2 2026 results on August 18, 2026. EPS was $1.06, below the $1.38 estimate by 22.78%. Revenue of $4.6 billion fell short of the $4.7 billion consensus by 1.43%. Compared with Q2 2025, EPS fell about 44% from $1.90, while revenue was unchanged at $4.6 billion. The $1.06 is the lowest EPS in the table.

Annual EPS rose from $8.71 in 2022 to $11.32 in 2023, then declined to $10.64 in 2024 and $7.53 in 2025. The first half of 2026 totals $2.81, about 37% below the first half of 2025. Revenue has been steadier, ranging from $4.4 billion to $5.2 billion over the last 20 quarters, so the decline shows in per-share earnings more than in sales. EPS peaked at $3.11 in Q2 2023. Baidu beat the EPS estimate 18 times in 20 quarters; the only misses were Q3 2024 and the latest quarter.

Q3 results came between November 18 and November 23 in each of the past five years. That points to mid-to-late November 2026 for the next report. It will show how EPS compares with the $1.56 of Q3 2025 and whether revenue stays in its recent range.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 18, 2026 | $1.38 | $1.06 | -22.78% | $4.7B | $4.6B |
| Q1 2026 | May 18, 2026 | $1.67 | $1.75 | 4.47% | $4.5B | $4.6B |
| Q4 2025 | Feb 26, 2026 | $1.38 | $1.52 | 9.74% | $4.7B | $4.7B |
| Q3 2025 | Nov 18, 2025 | $1.08 | $1.56 | 44.70% | $4.3B | $4.4B |
| Q2 2025 | Aug 20, 2025 | $1.85 | $1.90 | 2.54% | $4.6B | $4.6B |
| Q1 2025 | May 21, 2025 | $1.98 | $2.55 | 28.97% | $4.3B | $4.5B |
| Q4 2024 | Feb 18, 2025 | $1.97 | $2.63 | 33.51% | $4.6B | $4.7B |
| Q3 2024 | Nov 21, 2024 | $2.49 | $2.36 | -4.93% | $4.8B | $4.8B |
| Q2 2024 | Aug 22, 2024 | $2.54 | $2.89 | 13.63% | $4.7B | $4.7B |
| Q1 2024 | May 16, 2024 | $2.21 | $2.76 | 24.61% | $4.3B | $4.4B |
| Q4 2023 | Feb 28, 2024 | $2.49 | $3.08 | 23.47% | $4.9B | $4.9B |
| Q3 2023 | Nov 21, 2023 | $2.36 | $2.79 | 18.39% | $4.7B | $4.7B |
| Q2 2023 | Aug 22, 2023 | $2.32 | $3.11 | 34.24% | $4.6B | $4.7B |
| Q1 2023 | May 16, 2023 | $1.78 | $2.34 | 31.37% | $4.4B | $4.5B |
| Q4 2022 | Feb 22, 2023 | $2.00 | $2.21 | 10.30% | $4.7B | $4.8B |
| Q3 2022 | Nov 23, 2022 | $2.17 | $2.37 | 9.36% | $4.5B | $4.6B |
| Q2 2022 | Aug 31, 2022 | $1.59 | $2.36 | 48.13% | $4.4B | $4.4B |
| Q1 2022 | May 27, 2022 | $0.80 | $1.77 | 121.14% | $4.4B | $4.5B |
| Q4 2021 | Mar 1, 2022 | $1.44 | $1.83 | 26.54% | $5.1B | $5.2B |
| Q3 2021 | Nov 18, 2021 | $1.98 | $2.27 | 14.74% | $4.9B | $5.0B |

## Frequently Asked Questions

### When did Baidu (BIDU) last report earnings?

Baidu last reported on Aug 18, 2026, covering fiscal Q2 2026.

### Did BIDU beat earnings estimates?

No. Baidu reported EPS of $1.06 for Q2 2026 against a $1.38 estimate — a 22.78% miss.

### How much revenue did BIDU report last quarter?

Baidu reported $4.6B in revenue for Q2 2026, against a consensus estimate of $4.7B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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