| Summary of Group's Operating Segment Results |
The table below provides a summary of the Group’s operating segment operating results for the year ended December 31, 2023 .
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For the year ended December 31, 2023 |
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Revenue |
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Costs and expenses: |
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Cost of revenue |
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42,592 |
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23,103 |
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(664 |
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65,031 |
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Selling, general and administrative |
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19,623 |
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4,014 |
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(118 |
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23,519 |
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22,425 |
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1,767 |
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— |
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24,192 |
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Total costs and expenses |
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Operating income |
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Total other income (loss), net |
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4,298 |
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(956 |
) |
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— |
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3,342 |
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Income before income taxes |
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Income tax expense |
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3,568 |
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81 |
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— |
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3,649 |
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Less: net income attributable to noncontrolling interests |
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154 |
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27 |
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1,053 |
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1,234 |
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Net income attributable to Baidu, Inc. |
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| The table below provides a summary of the Group’s operating segment operating results for the year ended December 31, 2024.
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For the year ended December 31, 2024 |
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Revenue |
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Costs and expenses: |
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Cost of revenue |
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44,830 |
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21,954 |
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(682 |
) |
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66,102 |
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Selling, general and administrative |
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20,049 |
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3,682 |
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(111 |
) |
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23,620 |
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20,355 |
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1,778 |
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— |
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22,133 |
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Total costs and expenses |
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Operating income |
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Total other income (loss), net |
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8,311 |
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(959 |
) |
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— |
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7,352 |
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Income before income taxes |
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Income tax expense |
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4,386 |
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61 |
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— |
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4,447 |
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Less: net income (loss) attributable to noncontrolling interests |
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(28 |
) |
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27 |
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416 |
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415 |
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Net income attributable to Baidu, Inc. |
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| The table below provides a summary of the Group’s operating segment operating results for the year ended December 31, 2025.
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For the year ended December 31, 2025 |
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Revenue |
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Costs and expenses: |
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Cost of revenue |
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51,498 |
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7,364 |
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21,541 |
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3,080 |
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(603 |
) |
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(86 |
) |
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72,436 |
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10,358 |
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Selling, general and administrative |
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22,071 |
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3,156 |
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3,857 |
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552 |
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(85 |
) |
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(12 |
) |
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25,843 |
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3,696 |
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18,770 |
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2,684 |
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1,663 |
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238 |
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— |
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— |
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20,433 |
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2,922 |
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Impairment of long-lived assets |
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16,190 |
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2,315 |
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— |
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— |
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— |
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— |
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16,190 |
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2,315 |
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Total costs and expenses |
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Operating income (loss) |
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Total other income (loss), net |
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12,828 |
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1,834 |
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(289 |
) |
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(41 |
) |
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— |
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— |
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12,539 |
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1,793 |
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Income (loss) before income taxes |
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Income tax expense |
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1,115 |
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|
159 |
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|
144 |
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21 |
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— |
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— |
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1,259 |
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|
180 |
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Net income (loss) |
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Less: net income (loss) attributable to noncontrolling interests |
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(22 |
) |
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(3 |
) |
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3 |
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— |
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(113 |
) |
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(16 |
) |
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(132 |
) |
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(19 |
) |
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Net income (loss) attributable to Baidu, Inc. |
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