# Baidu, Inc.: Form 20-F for the period ended Dec 31, 2024

- Company: [Baidu, Inc.](/companies/bidu.md) (CIK 1329099)
- Form: 20-F
- Filed: 2025-03-28
- Accepted by EDGAR: Mar 28, 2025, 06:34 ET
- Period: 2024-12-31
- Accession: 0001193125-25-066199
- Inline XBRL: yes
- Main document: https://www.sec.gov/Archives/edgar/data/1329099/000119312525066199/d853848d20f.htm
- All documents and exhibits: https://www.sec.gov/Archives/edgar/data/1329099/000119312525066199/

## Figures reported in this filing

Standardized XBRL line items for the period ended 2024-12-31.

| Line item | Period | Value | XBRL concept |
| --- | --- | ---: | --- |
| Revenue | 12 months, 2024-01-01 to 2024-12-31 | $18.24bn | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax |
| Cost of revenue | 12 months, 2024-01-01 to 2024-12-31 | $9.06bn | us-gaap:CostOfGoodsAndServicesSold |
| Research and development | 12 months, 2024-01-01 to 2024-12-31 | $3.03bn | us-gaap:ResearchAndDevelopmentExpense |
| Selling, general and administrative | 12 months, 2024-01-01 to 2024-12-31 | $3.24bn | us-gaap:SellingGeneralAndAdministrativeExpense |
| Operating income | 12 months, 2024-01-01 to 2024-12-31 | $2.91bn | us-gaap:OperatingIncomeLoss |
| Income tax | 12 months, 2024-01-01 to 2024-12-31 | $609.0m | us-gaap:IncomeTaxExpenseBenefit |
| Net income | 12 months, 2024-01-01 to 2024-12-31 | $3.25bn | us-gaap:NetIncomeLoss |
| Operating cash flow | 12 months, 2024-01-01 to 2024-12-31 | $2.91bn | us-gaap:NetCashProvidedByUsedInOperatingActivities |
| Capital expenditure | 12 months, 2024-01-01 to 2024-12-31 | $1.11bn | us-gaap:PaymentsToAcquirePropertyPlantAndEquipment |
| Share repurchases | 12 months, 2024-01-01 to 2024-12-31 | $866.0m | us-gaap:PaymentsForRepurchaseOfCommonStock |
| Cash and equivalents | at 2024-12-31 | $3.40bn | us-gaap:CashAndCashEquivalentsAtCarryingValue |
| Current assets | at 2024-12-31 | $23.13bn | us-gaap:AssetsCurrent |
| Total assets | at 2024-12-31 | $58.61bn | us-gaap:Assets |
| Current liabilities | at 2024-12-31 | $11.09bn | us-gaap:LiabilitiesCurrent |
| Total liabilities | at 2024-12-31 | $19.75bn | us-gaap:Liabilities |
| Long-term debt | at 2024-12-31 | $4.93bn | us-gaap:LongTermDebt |
| Current portion of debt | at 2024-12-31 | $31.0m | us-gaap:LongTermDebtCurrent |
| Short-term borrowings | at 2024-12-31 | $1.46bn | us-gaap:ShortTermBorrowings |
| Shareholders' equity | at 2024-12-31 | $36.12bn | us-gaap:StockholdersEquity |

## Sections

Sections are extracted only from 10-K and 10-Q reports. Read this filing’s documents on sec.gov. https://www.sec.gov/Archives/edgar/data/1329099/000119312525066199/d853848d20f.htm

Filed Mar 28, 2025.
Source: SEC EDGAR, the filing index for accession 0001193125-25-066199. Last ingested by Listed: Oct 27, 2026, 06:17 ET. No prices; not investment advice.