Baidu's AI cloud drives growth in first quarter 2025

Baidu, Inc. (HKEX: 9888) today announced its unaudited financial results for the first quarter of 2025, showcasing a 3% year-over-year increase in total revenue to RMB32.5 billion (USD4.47 billion). The company's Baidu Core revenue grew by 7%, driven by the accelerating momentum of AI Cloud, which surged 42% year over year. Online marketing revenue was RMB16.0 billion and non-online marketing revenue was RMB9.4 billion. Net income attributable to Baidu was RMB7.7 billion (USD1.06 billion), with diluted earnings per ADS at RMB21.59 (USD2.98). Adjusted EBITDA stood at RMB7.2 billion (USD993 million), representing a 22% margin. During the quarter, Baidu returned USD445 million to shareholders. Apollo Go expanded internationally into Dubai and Abu Dhabi. Baidu released ERNIE 4.5, its first flagship foundation model with multimodal capabilities.