Baidu (BIDU) Q3 2025 Earnings: Revenue Falls 7% as AI Cloud and Robotaxis Power a Big EPS Beat
Baidu reported Q3 2025 revenue of RMB 31.2 billion, down 7% year over year but above analyst estimates. The company posted a net loss of RMB 11.2 billion, mainly due to a RMB 16.2 billion impairment. Non-GAAP net income reached RMB 3.8 billion, beating expectations. AI-powered business revenue surged over 50% to nearly RMB 10 billion, while online ad revenue fell 18%.