Baidu capex, CY2025 Q2

Baidu reported ¥3.8B of capex for CY2025 Q2, the quarter covering April to June 2025.

Baidu sells AI cloud infrastructure and AI applications to businesses and operates search and advertising services. The capex figure is consolidated and includes iQIYI.

Capex, CY2025 Q2¥3.8B

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Every field, with its source

Source per value
Reported quarter
CY2025 Q2 1
Calendar quarter
2025 Q2 1
Quarter end
2025-06-30 1
Capex (CNY) (CNY million)
3,800 1
“(3,800)”
Capex definition
Baidu Inc. consolidated capital expenditures in the cash-flow/free-cash-flow reconciliation, including iQIYI; not cloud-only. 1

Sources

  1. Baidu investor relations: Baidu CY2025 Q2 accessed 2026-11-11

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