Baidu capex by quarter
Baidu reported ¥11.4B of capex for CY2026 Q2, +200% on the same quarter a year earlier. The table holds 3 quarters from CY2025 Q2 to CY2026 Q2.
Baidu sells AI cloud infrastructure and AI applications to businesses and operates search and advertising services. The capex figure is consolidated and includes iQIYI. Definition: Baidu Inc. consolidated capital expenditures in the cash-flow/free-cash-flow reconciliation, including iQIYI; not cloud-only.
Capex by calendar quarter
CNY, as reported- Baidu
| Calendar quarter | Baidu |
|---|---|
| Q2 2025 | ¥3.8B |
| Q3 2025 | no reading |
| Q4 2025 | no reading |
| Q1 2026 | ¥5.9B |
| Q2 2026 | ¥11.4B |
Every reading
Open in the sortable table| Reported quarter | Calendar | Capex | YoY | Guidance | Announced | Source |
|---|---|---|---|---|---|---|
| CY2026 Q2 | Q2 2026 | ¥11.4B | +200% | — | — | ir.baidu.com |
| CY2026 Q1 | Q1 2026 | ¥5.9B | — | — | — | ir.baidu.com |
| CY2025 Q2 | Q2 2025 | ¥3.8B | — | — | — | ir.baidu.com |
Also in China cloud
- Alibaba¥67.7B in CY2026 Q2
- Tencent¥52.8B in CY2026 Q2
- China cloud: all companies togethergroup page
- How we define capex per companymethodology