Baidu Inc. Q1 2025: Revenue Up 3%, Net Income Surges 42%, EPS at $2.98

Reuters
2025/05/21
Baidu Inc. Q1 2025: Revenue Up 3%, Net Income Surges 42%, EPS at $2.98

Baidu Inc. announced its first quarter 2025 financial results, reporting total revenues of RMB32.5 billion ($4.5 billion), marking a 3% increase year over year but a 5% decrease compared to the previous quarter. The company's net income attributable to Baidu was RMB7.7 billion ($1.06 billion), a 42% increase year over year and a 49% increase from the previous quarter. Baidu's diluted earnings per ADS were RMB21.59 ($2.98). Baidu Core revenue grew by 7% year over year, driven by the AI Cloud segment, which surged 42% compared to the same period last year. This growth indicates strong market recognition of Baidu's capabilities in providing comprehensive AI solutions. Furthermore, Baidu's robotaxi business achieved a significant milestone by expanding its Apollo Go service internationally to Dubai and Abu Dhabi, enhancing its commitment to offering autonomous ride-hailing services globally.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baidu Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CN92989) on May 21, 2025, and is solely responsible for the information contained therein.

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