On November 18th, Baidu released its Q3 2025 financial report, showing total quarterly revenue of 31.2 billion yuan, with Baidu's core revenue at 24.7 billion yuan. In Q3, Baidu disclosed its AI business revenue for the first time, showing a rapid growth of over 50%. Among them, AI cloud revenue grew by 33% year-on-year; AI application revenue reached 2.6 billion yuan; and AI native marketing service revenue increased by 262% year-on-year to 2.8 billion yuan.
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In addition, the number of global mobility service instances for Luobo Kuaipao in Q3 reached 3.1 million, a year-on-year increase of 212%, continuing to accelerate from the 148% growth rate in Q2; as of November, Luobo Kuaipao has accumulated over 17 million global mobility service instances, ranking first in the world. At the recent Baidu World 2025, Baidu launched several new products, including the Wenxin large model 5.0, Kunlun chip M100, and M300.
In pre-market trading, Baidu's stock rose over 3%.
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Baidu Q4 2024 Financial Results

BIDU

Baidu Q3 revenue is 31.17 billion yuan, a year-on-year decrease of over 7%, with AI business revenue growth exceeding 50% | Financial report insights