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

Block, Inc. is the larger business by last-quarter revenue ($6.3B vs $5.0B, roughly 1.2× Baidu, Inc.). Baidu, Inc. runs the higher net margin — 6.0% vs 1.9%, a 4.1% gap on every dollar of revenue. On growth, Baidu, Inc. posted the faster year-over-year revenue change (14.0% vs 3.6%). Over the past eight quarters, Baidu, Inc.'s revenue compounded faster (7.5% CAGR vs 2.4%).

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.

Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.

BIDU vs XYZ — Head-to-Head

Bigger by revenue
XYZ
XYZ
1.2× larger
XYZ
$6.3B
$5.0B
BIDU
Growing faster (revenue YoY)
BIDU
BIDU
+10.3% gap
BIDU
14.0%
3.6%
XYZ
Higher net margin
BIDU
BIDU
4.1% more per $
BIDU
6.0%
1.9%
XYZ
Faster 2-yr revenue CAGR
BIDU
BIDU
Annualised
BIDU
7.5%
2.4%
XYZ

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BIDU
BIDU
XYZ
XYZ
Revenue
$5.0B
$6.3B
Net Profit
$300.0M
$115.8M
Gross Margin
41.0%
45.9%
Operating Margin
4.1%
7.8%
Net Margin
6.0%
1.9%
Revenue YoY
14.0%
3.6%
Net Profit YoY
-47.1%
-94.1%
EPS (diluted)
$0.53
$0.19

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
BIDU
BIDU
XYZ
XYZ
Q4 25
$5.0B
$6.3B
Q3 25
$4.4B
$6.1B
Q2 25
$4.6B
$6.1B
Q1 25
$4.5B
$5.8B
Q4 24
$4.4B
$6.0B
Q3 24
$4.8B
$6.0B
Q2 24
$4.7B
$6.2B
Q1 24
$4.4B
$6.0B
Net Profit
BIDU
BIDU
XYZ
XYZ
Q4 25
$300.0M
$115.8M
Q3 25
$-1.6B
$461.5M
Q2 25
$1.0B
$538.5M
Q1 25
$1.1B
$189.9M
Q4 24
$567.0M
$1.9B
Q3 24
$1.1B
$283.8M
Q2 24
$768.0M
$195.3M
Q1 24
$811.0M
$472.0M
Gross Margin
BIDU
BIDU
XYZ
XYZ
Q4 25
41.0%
45.9%
Q3 25
41.2%
43.5%
Q2 25
43.9%
41.9%
Q1 25
46.1%
39.7%
Q4 24
49.9%
38.3%
Q3 24
51.1%
37.6%
Q2 24
51.7%
36.3%
Q1 24
51.5%
35.2%
Operating Margin
BIDU
BIDU
XYZ
XYZ
Q4 25
4.1%
7.8%
Q3 25
-48.4%
6.7%
Q2 25
10.0%
8.0%
Q1 25
13.9%
5.7%
Q4 24
11.1%
0.2%
Q3 24
17.6%
5.4%
Q2 24
17.5%
5.0%
Q1 24
17.4%
4.2%
Net Margin
BIDU
BIDU
XYZ
XYZ
Q4 25
6.0%
1.9%
Q3 25
-36.3%
7.5%
Q2 25
22.2%
8.9%
Q1 25
24.1%
3.3%
Q4 24
12.8%
32.3%
Q3 24
23.2%
4.7%
Q2 24
16.4%
3.2%
Q1 24
18.6%
7.9%
EPS (diluted)
BIDU
BIDU
XYZ
XYZ
Q4 25
$0.53
$0.19
Q3 25
$-4.76
$0.74
Q2 25
$2.84
$0.87
Q1 25
$2.98
$0.30
Q4 24
$1.95
$3.06
Q3 24
$3.08
$0.45
Q2 24
$0.31
Q1 24
$2.07
$0.74

Balance Sheet & Financial Strength

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

Metric
BIDU
BIDU
XYZ
XYZ
Cash + ST InvestmentsLiquidity on hand
$16.5B
$6.6B
Total DebtLower is stronger
$5.9B
Stockholders' EquityBook value
$38.1B
$22.2B
Total Assets
$64.2B
$39.5B
Debt / EquityLower = less leverage
0.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BIDU
BIDU
XYZ
XYZ
Q4 25
$16.5B
$6.6B
Q3 25
$17.5B
$8.3B
Q2 25
$17.3B
$6.4B
Q1 25
$19.5B
$7.1B
Q4 24
$17.5B
$8.1B
Q3 24
$18.9B
$8.3B
Q2 24
$7.8B
Q1 24
$5.8B
Total Debt
BIDU
BIDU
XYZ
XYZ
Q4 25
$5.9B
Q3 25
$2.5B
$7.3B
Q2 25
$2.4B
$5.1B
Q1 25
$2.3B
$5.1B
Q4 24
$4.9B
$6.1B
Q3 24
$2.1B
$6.1B
Q2 24
$6.1B
Q1 24
$4.1B
Stockholders' Equity
BIDU
BIDU
XYZ
XYZ
Q4 25
$38.1B
$22.2B
Q3 25
$38.6B
$22.5B
Q2 25
$39.8B
$22.2B
Q1 25
$38.6B
$21.5B
Q4 24
$36.1B
$21.3B
Q3 24
$38.5B
$19.9B
Q2 24
$19.3B
Q1 24
$19.0B
Total Assets
BIDU
BIDU
XYZ
XYZ
Q4 25
$64.2B
$39.5B
Q3 25
$62.4B
$39.2B
Q2 25
$62.9B
$36.9B
Q1 25
$62.6B
$36.4B
Q4 24
$58.6B
$36.8B
Q3 24
$59.5B
$36.4B
Q2 24
$37.5B
Q1 24
$35.6B
Debt / Equity
BIDU
BIDU
XYZ
XYZ
Q4 25
0.16×
Q3 25
0.07×
0.32×
Q2 25
0.06×
0.23×
Q1 25
0.06×
0.24×
Q4 24
0.14×
0.29×
Q3 24
0.05×
0.31×
Q2 24
0.32×
Q1 24
0.22×

Cash Flow & Capital Efficiency

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

Metric
BIDU
BIDU
XYZ
XYZ
Operating Cash FlowLast quarter
$1.5B
$621.0M
Free Cash FlowOCF − Capex
$579.8M
FCF MarginFCF / Revenue
9.3%
Capex IntensityCapex / Revenue
0.7%
Cash ConversionOCF / Net Profit
5.08×
5.36×
TTM Free Cash FlowTrailing 4 quarters
$2.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BIDU
BIDU
XYZ
XYZ
Q4 25
$1.5B
$621.0M
Q3 25
$1.5B
Q2 25
$-6.3B
$374.3M
Q1 25
$133.3M
Q4 24
$4.0B
$13.8M
Q3 24
$684.8M
Q2 24
$5.3B
$519.4M
Q1 24
$489.4M
Free Cash Flow
BIDU
BIDU
XYZ
XYZ
Q4 25
$579.8M
Q3 25
$1.4B
Q2 25
$343.0M
Q1 25
$101.5M
Q4 24
$-13.2M
Q3 24
$628.2M
Q2 24
$481.0M
Q1 24
$457.4M
FCF Margin
BIDU
BIDU
XYZ
XYZ
Q4 25
9.3%
Q3 25
22.9%
Q2 25
5.7%
Q1 25
1.8%
Q4 24
-0.2%
Q3 24
10.5%
Q2 24
7.8%
Q1 24
7.7%
Capex Intensity
BIDU
BIDU
XYZ
XYZ
Q4 25
0.7%
Q3 25
0.8%
Q2 25
0.5%
Q1 25
0.6%
Q4 24
0.4%
Q3 24
0.9%
Q2 24
0.6%
Q1 24
0.5%
Cash Conversion
BIDU
BIDU
XYZ
XYZ
Q4 25
5.08×
5.36×
Q3 25
3.14×
Q2 25
-6.26×
0.70×
Q1 25
0.70×
Q4 24
7.12×
0.01×
Q3 24
2.41×
Q2 24
6.88×
2.66×
Q1 24
1.04×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BIDU
BIDU

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

XYZ
XYZ

US$5.7B91%
Non Us$560.9M9%

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