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Baidu, Inc. Class A (HK:9888)
:9888
Earnings Data
Report Date
Aug 20, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
2.07Last Year’s EPS
2.87Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 21, 2025
|% Change Since: -2.90%
|Next Earnings Date:Aug 20, 2025
Earnings Call Sentiment|Neutral
Baidu demonstrated strong growth in its AI Cloud business, with substantial revenue increases and international expansion of its autonomous driving service, Apollo Go. However, the company faced challenges with declining online marketing revenue and negative free cash flow due to high capital investments. While the AI advancements and expansion efforts are promising, the financial pressures indicate a need for cautious optimism.Company Guidance
During Baidu's first quarter 2025 earnings call, the company provided several key metrics and guidance on its performance and strategic priorities. Baidu Core’s total revenue reached RMB25.5 billion, marking a 7% year-over-year increase, primarily driven by the AI Cloud business, which saw a 42% year-over-year revenue growth to RMB6.7 billion. This accounted for 26% of Baidu Core revenue, up from 20% a year ago. The company's ongoing AI transformation was highlighted by the release of ERNIE 4.5 and ERNIE X1 models, with plans to open source the ERNIE 4.5 series by June 30, 2025. In AI Cloud, Baidu emphasized the strength of its MaaS platform, Qianfan, which offers a comprehensive model library and industry-leading cost-effectiveness. For its autonomous driving service, Apollo Go, Baidu reported significant advancements in international markets, including Dubai and Abu Dhabi, with a global deployment of over 1,000 fully driverless vehicles. Financially, Baidu reported a total revenue of RMB32.5 billion, a 3% year-over-year increase, with a net income attributable to Baidu of RMB7.7 billion and a non-GAAP net income of RMB6.5 billion. The company also highlighted its robust share repurchase program, having repurchased $445 million of shares since the beginning of the first quarter, reflecting its commitment to returning value to shareholders.AI Cloud Revenue Surge
AI Cloud revenue reached RMB6.7 billion in Q1, delivering a strong year-over-year increase of 42%, demonstrating significant growth primarily driven by AI adoption across industries.
Record Growth in AI Cloud Market Share
AI Cloud accounted for 26% of Baidu Core revenue, up from 20% a year ago, reflecting the growing significance of AI Cloud in the company's business portfolio.
Advancements in AI Models
Released ERNIE 4.5 and ERNIE X1 with competitive pricing, followed by ERNIE 4.5 Turbo and ERNIE X1 Turbo with enhanced performance and significantly lower prices, showcasing rapid iteration and cost efficiency in AI model development.
Apollo Go Expansion
Apollo Go, Baidu's autonomous ride-hailing service, expanded into international markets, including Dubai and Abu Dhabi, with over 1,000 fully driverless vehicles now deployed globally.
Increase in Baidu App MAU
The MAU of Baidu App increased by 7% year-over-year, reaching 724 million, indicating strong user engagement and growth in mobile ecosystem.
HK:9888 Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HK:9888 Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 21, 2025 | HK$87.80 | HK$86.10 | -1.94% |
Feb 18, 2025 | HK$89.85 | HK$90.20 | +0.39% |
Nov 21, 2024 | HK$84.00 | HK$83.85 | -0.18% |
Aug 22, 2024 | HK$85.00 | HK$86.45 | +1.71% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Baidu, Inc. Class A (HK:9888) report earnings?
Baidu, Inc. Class A (HK:9888) is schdueled to report earning on Aug 20, 2025, TBA Not Confirmed.
What is Baidu, Inc. Class A (HK:9888) earnings time?
Baidu, Inc. Class A (HK:9888) earnings time is at Aug 20, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Baidu, Inc. Class A stock?
The P/E ratio of Baidu, Inc. Class A is N/A.
What is HK:9888 EPS forecast?
HK:9888 EPS forecast for the fiscal quarter 2025 (Q2) is 2.07.
