Baidu capex, CY2026 Q1

Baidu reported ¥5.9B of capex for CY2026 Q1, the quarter covering January to March 2026.

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, CY2026 Q1¥5.9B

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Verified 11 Nov 2026

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Source per value

Reported quarter: CY2026 Q1 1
Calendar quarter: 2026 Q1 1
Quarter end: 2026-03-31 1
Capex (CNY) (CNY million): 5,916 1
“(5,916)”
Capex definition: Baidu Inc. consolidated capital expenditures in the cash-flow/free-cash-flow reconciliation, including iQIYI; not cloud-only. 1

Sources

Baidu investor relations: Baidu CY2026 Q1 accessed 2026-11-11

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