Baidu Cash Flow Statement
NASDAQ: BIDUTechnologyComputer Software: Programming Data ProcessingUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Baidu free cash flow
In fiscal 2025, Baidu generated -$431.0 million of operating cash flow and spent $1.73 billion on capital expenditures. That left free cash flow of -$2.16 billion, a free-cash-flow margin of -11.7% of revenue. Free cash flow was down 220.2% from the prior year's $1.79 billion.
Baidu returned $792.0 million to shareholders through share repurchases.
Summary generated from market data by MetaCap's automated system. Methodology
Baidu cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 780.00M | 3.31B | 3.04B | 1.09B | 1.19B | 2.92B | -328.00M | 3.28B | 2.81B | 1.67B |
| Net Income growth (YoY) | -76.45% | +9.09% | +178.02% | -8.31% | -59.16% | — | -109.99% | +16.87% | +68.25% | -66.64% |
| Depreciation & Amortization | 1.10B | 909.00M | 1.00B | 905.00M | 896.00M | 869.00M | 807.00M | 543.00M | 585.00M | 497.11M |
| Stock-Based Compensation | 517.00M | 655.00M | 894.00M | 984.00M | 1.11B | 1.03B | 808.00M | 681.00M | 499.00M | 253.49M |
| Change in Working Capital | -3.85B | -2.25B | -68.00M | -204.00M | 212.00M | -276.00M | -1.13B | 224.00M | 899.00M | 566.01M |
| Operating Cash Flow | -431.00M | 2.91B | 5.16B | 3.79B | 3.16B | 3.71B | 4.09B | 5.23B | 5.05B | 3.21B |
| Capital Expenditures | -1.73B | -1.11B | -1.58B | -1.20B | -1.71B | -779.00M | -923.00M | -1.28B | -735.00M | -603.37M |
| Investing Cash Flow | -3.59B | -1.17B | -7.10B | -572.00M | -4.93B | -4.22B | -2.87B | -5.01B | -11.82B | -5.17B |
| Share Repurchases | -792.00M | -866.00M | -671.00M | -279.00M | -1.19B | -2.00B | -712.00M | -482.00M | -265.00M | 0 |
| Debt Issued | — | — | — | — | — | — | — | — | 1.53B | — |
| Financing Cash Flow | 2.45B | -1.89B | -2.00B | -926.00M | 3.67B | 869.00M | -556.00M | 2.19B | 6.85B | 2.08B |
| Net Change in Cash | -1.68B | -135.00M | -3.90B | 2.55B | 1.75B | 323.00M | 663.00M | 2.69B | 29.00M | 135.18M |
| Free Cash Flow | -2.16B | 1.79B | 3.58B | 2.59B | 1.45B | 2.93B | 3.17B | 3.96B | 4.32B | 2.60B |
This table shows 10 annual periods of Baidu's cash flow statement, from FY 2025 back to FY 2016, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow BIDU's reporting calendar. What is a cash flow statement?