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Side-by-side financial comparison of Archer Daniels Midland (ADM) and Baidu, Inc. (BIDU). Click either name above to swap in a different company.

Archer Daniels Midland is the larger business by last-quarter revenue ($20.5B vs $5.0B, roughly 4.1× Baidu, Inc.). Baidu, Inc. runs the higher net margin — 6.0% vs 1.5%, a 4.5% gap on every dollar of revenue. On growth, Baidu, Inc. posted the faster year-over-year revenue change (14.0% vs 1.6%). Over the past eight quarters, Baidu, Inc.'s revenue compounded faster (7.5% CAGR vs -4.0%).

The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.

Baidu, Inc. is a Chinese multinational technology company specializing in Internet services and artificial intelligence. It holds a dominant position in China's search engine market, and provides a wide variety of other internet services such as Baidu App, Baidu Baike, iQIYI, and Baidu Tieba.

ADM vs BIDU — Head-to-Head

Bigger by revenue
ADM
ADM
4.1× larger
ADM
$20.5B
$5.0B
BIDU
Growing faster (revenue YoY)
BIDU
BIDU
+12.4% gap
BIDU
14.0%
1.6%
ADM
Higher net margin
BIDU
BIDU
4.5% more per $
BIDU
6.0%
1.5%
ADM
Faster 2-yr revenue CAGR
BIDU
BIDU
Annualised
BIDU
7.5%
-4.0%
ADM

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ADM
ADM
BIDU
BIDU
Revenue
$20.5B
$5.0B
Net Profit
$298.0M
$300.0M
Gross Margin
6.0%
41.0%
Operating Margin
4.1%
Net Margin
1.5%
6.0%
Revenue YoY
1.6%
14.0%
Net Profit YoY
1.0%
-47.1%
EPS (diluted)
$0.62
$0.53

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ADM
ADM
BIDU
BIDU
Q1 26
$20.5B
Q4 25
$6.1B
$5.0B
Q3 25
$6.4B
$4.4B
Q2 25
$6.3B
$4.6B
Q1 25
$6.1B
$4.5B
Q4 24
$-25.7B
$4.4B
Q3 24
$6.0B
$4.8B
Q2 24
$22.2B
$4.7B
Net Profit
ADM
ADM
BIDU
BIDU
Q1 26
$298.0M
Q4 25
$456.0M
$300.0M
Q3 25
$108.0M
$-1.6B
Q2 25
$219.0M
$1.0B
Q1 25
$295.0M
$1.1B
Q4 24
$567.0M
$567.0M
Q3 24
$18.0M
$1.1B
Q2 24
$486.0M
$768.0M
Gross Margin
ADM
ADM
BIDU
BIDU
Q1 26
6.0%
Q4 25
20.0%
41.0%
Q3 25
19.8%
41.2%
Q2 25
21.6%
43.9%
Q1 25
19.2%
46.1%
Q4 24
49.9%
Q3 24
22.8%
51.1%
Q2 24
6.3%
51.7%
Operating Margin
ADM
ADM
BIDU
BIDU
Q1 26
Q4 25
7.9%
4.1%
Q3 25
2.3%
-48.4%
Q2 25
4.4%
10.0%
Q1 25
5.7%
13.9%
Q4 24
11.1%
Q3 24
1.8%
17.6%
Q2 24
2.7%
17.5%
Net Margin
ADM
ADM
BIDU
BIDU
Q1 26
1.5%
Q4 25
7.5%
6.0%
Q3 25
1.7%
-36.3%
Q2 25
3.5%
22.2%
Q1 25
4.8%
24.1%
Q4 24
-2.2%
12.8%
Q3 24
0.3%
23.2%
Q2 24
2.2%
16.4%
EPS (diluted)
ADM
ADM
BIDU
BIDU
Q1 26
$0.62
Q4 25
$0.95
$0.53
Q3 25
$0.22
$-4.76
Q2 25
$0.45
$2.84
Q1 25
$0.61
$2.98
Q4 24
$1.21
$1.95
Q3 24
$0.04
$3.08
Q2 24
$0.98

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADM
ADM
BIDU
BIDU
Cash + ST InvestmentsLiquidity on hand
$591.0M
$16.5B
Total DebtLower is stronger
$1.7B
$5.9B
Stockholders' EquityBook value
$22.8B
$38.1B
Total Assets
$64.2B
Debt / EquityLower = less leverage
0.08×
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADM
ADM
BIDU
BIDU
Q1 26
$591.0M
Q4 25
$1.0B
$16.5B
Q3 25
$1.2B
$17.5B
Q2 25
$1.1B
$17.3B
Q1 25
$864.0M
$19.5B
Q4 24
$611.0M
$17.5B
Q3 24
$784.0M
$18.9B
Q2 24
$764.0M
Total Debt
ADM
ADM
BIDU
BIDU
Q1 26
$1.7B
Q4 25
$7.6B
$5.9B
Q3 25
$2.5B
Q2 25
$2.4B
Q1 25
$2.3B
Q4 24
$8.3B
$4.9B
Q3 24
$7.6B
$2.1B
Q2 24
Stockholders' Equity
ADM
ADM
BIDU
BIDU
Q1 26
$22.8B
Q4 25
$22.7B
$38.1B
Q3 25
$22.5B
$38.6B
Q2 25
$22.4B
$39.8B
Q1 25
$22.1B
$38.6B
Q4 24
$22.2B
$36.1B
Q3 24
$22.0B
$38.5B
Q2 24
$22.2B
Total Assets
ADM
ADM
BIDU
BIDU
Q1 26
Q4 25
$52.4B
$64.2B
Q3 25
$51.9B
$62.4B
Q2 25
$52.0B
$62.9B
Q1 25
$53.4B
$62.6B
Q4 24
$53.3B
$58.6B
Q3 24
$52.2B
$59.5B
Q2 24
$52.7B
Debt / Equity
ADM
ADM
BIDU
BIDU
Q1 26
0.08×
Q4 25
0.33×
0.16×
Q3 25
0.07×
Q2 25
0.06×
Q1 25
0.06×
Q4 24
0.37×
0.14×
Q3 24
0.35×
0.05×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADM
ADM
BIDU
BIDU
Operating Cash FlowLast quarter
$1.5B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.9%
Cash ConversionOCF / Net Profit
5.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADM
ADM
BIDU
BIDU
Q1 26
Q4 25
$-313.0M
$1.5B
Q3 25
$1.8B
Q2 25
$4.3B
$-6.3B
Q1 25
$-342.0M
Q4 24
$322.0M
$4.0B
Q3 24
$1.3B
Q2 24
$468.0M
$5.3B
Free Cash Flow
ADM
ADM
BIDU
BIDU
Q1 26
Q4 25
$-669.0M
Q3 25
$1.5B
Q2 25
$4.0B
Q1 25
$-633.0M
Q4 24
$-170.0M
Q3 24
$919.0M
Q2 24
$106.0M
FCF Margin
ADM
ADM
BIDU
BIDU
Q1 26
Q4 25
-11.1%
Q3 25
23.6%
Q2 25
63.0%
Q1 25
-10.3%
Q4 24
0.7%
Q3 24
15.3%
Q2 24
0.5%
Capex Intensity
ADM
ADM
BIDU
BIDU
Q1 26
0.9%
Q4 25
5.9%
Q3 25
4.6%
Q2 25
4.8%
Q1 25
4.7%
Q4 24
-1.9%
Q3 24
6.4%
Q2 24
1.6%
Cash Conversion
ADM
ADM
BIDU
BIDU
Q1 26
Q4 25
-0.69×
5.08×
Q3 25
16.75×
Q2 25
19.63×
-6.26×
Q1 25
-1.16×
Q4 24
0.57×
7.12×
Q3 24
72.22×
Q2 24
0.96×
6.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADM
ADM

Ag Services and Oilseeds$16.0B78%
Carbohydrate Solutions$2.6B12%
Nutrition$1.8B9%

BIDU
BIDU

Legacy Business$1.8B35%
Baidu Core AI-powered Business$1.6B32%
Other$1.3B26%
Others$357.5M7%

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