Q2 2026
EPS
$1.07
est $9.84-89.1%
Revenue
$4.64B
est $31.95B-85.5%
Baidu's AI build-out is finally showing up in the numbers, and so is its cost: GPU Cloud revenue grew 283% year over year while capex tripled to $1.69 billion, pushing free cash flow to negative $1.18 billion. Net income fell 68% as other income collapsed, and both EPS and revenue missed expectations. Online marketing revenue is still shrinking 19%.
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