Baidu annual net debt
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2025
Baidu Net Debt Growth & History (BIDU)
Baidu's net debt was −$179.0M for fiscal 2025.
View full Baidu company overviewBaidu annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$179.0M | −$548.0M | — |
| 2024 | 2024-12-31 | $369.0M | −$201.0M | −35.26% |
| 2023 | 2023-12-31 | $570.0M | $4.03B | — |
| 2022 | 2022-12-31 | −$3.46B | −$1.64B | — |
| 2021 | 2021-12-31 | −$1.82B | $291.0M | — |
| 2020 | 2020-12-31 | −$2.11B | −$421.0M | — |
| 2019 | 2019-12-31 | −$1.69B | $1.20B | — |
| 2018 | 2018-12-31 | −$2.89B | −$6.85B | — |
| 2017 | 2017-12-31 | $3.96B | $741.5M | +23.04% |
| 2016 | 2016-12-31 | $3.22B | $4.63B | — |
| 2015 | 2015-12-31 | −$1.41B | $695.5M | — |
| 2014 | 2014-12-31 | −$2.11B | −$558.3M | — |
| 2013 | 2013-12-31 | −$1.55B | $402.3M | — |
| 2012 | 2012-12-31 | −$1.95B | −$1.32B | — |
| 2011 | 2011-12-31 | −$634.9M | — | — |
Baidu quarterly net debt
Q4.11
Q3.12
Q4.12
Q4.13
Q4.14
Q4.15
Q4.16
Q4.17
Q3.18
Q4.18
Q4.19
Q2.20
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | −$179.0M | −$548.0M | — |
| Q4 2024 | 2024-12-31 | $369.0M | −$201.0M | −35.26% |
| Q4 2023 | 2023-12-31 | $570.0M | $4.03B | — |
| Q4 2022 | 2022-12-31 | −$3.46B | −$1.64B | — |
| Q4 2021 | 2021-12-31 | −$1.82B | $291.0M | — |
| Q4 2020 | 2020-12-31 | −$2.11B | −$421.0M | — |
| Q2 2020 | 2020-06-30 | $389.0M | — | — |
| Q4 2019 | 2019-12-31 | −$1.69B | $1.20B | — |
| Q4 2018 | 2018-12-31 | −$2.89B | −$6.85B | — |
| Q3 2018 | 2018-09-30 | $3.84B | — | — |
| Q4 2017 | 2017-12-31 | $3.96B | $741.5M | +23.04% |
| Q4 2016 | 2016-12-31 | $3.22B | $4.63B | — |
| Q4 2015 | 2015-12-31 | −$1.41B | $695.5M | — |
| Q4 2014 | 2014-12-31 | −$2.11B | −$558.3M | — |
| Q4 2013 | 2013-12-31 | −$1.55B | $402.3M | — |
| Q4 2012 | 2012-12-31 | −$1.95B | −$1.32B | — |
| Q3 2012 | 2012-09-30 | −$395.3M | — | — |
| Q4 2011 | 2011-12-31 | −$634.9M | — | — |
Baidu net debt trends
Over the last five fiscal years, Baidu's net debt increased from −$2.11B to −$179.0M, a change of $1.93B. The latest reported quarter, Q4 2025, shows −$179.0M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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