BIDU(US:BIDU) Mei Ri Jing Ji Xin Wen·2025-05-21 09:44Core Insights - Baidu reported Q1 2025 revenue of 32.45 billion RMB (approximately 4.47 billion USD), a year-on-year increase of 3% [1][2] - Net profit for the quarter was 7.72 billion RMB (1.06 billion USD), reflecting a significant year-on-year growth of 42% [1][2] - Baidu's core revenue reached 25.46 billion RMB (3.51 billion USD), marking a 7% increase compared to the previous year [1] Financial Performance - Total revenue for Q1 2025 was 32.45 billion RMB, compared to 31.51 billion RMB in Q1 2024, showing a 3% increase [2] - Operating profit for Q1 2025 was 4.51 billion RMB, down 18% year-on-year, but up 15% quarter-on-quarter [2] - Adjusted operating profit was 5.33 billion RMB, exceeding the forecast of 4.89 billion RMB [1][2] Earnings Metrics - Diluted earnings per American Depositary Share (ADS) for Q1 2025 was 21.59 RMB, a 45% increase year-on-year [2] - Adjusted diluted earnings per ADS was 18.54 RMB, a decrease of 7% year-on-year [2] - Adjusted EBITDA for Q1 2025 was 7.21 billion RMB, with an adjusted EBITDA margin of 22% [2] Business Segments - Baidu's intelligent cloud business showed strong performance with a year-on-year growth rate of 42% [2] - The upgrade of Baidu's intelligent cloud platform included an expanded model library and comprehensive toolchain to support AI application development [2] Market Reaction - Following the earnings announcement, Baidu's stock rose by 2.42% in pre-market trading [4]