vs
百度（BIDU）与XP Inc.（XP）财务数据对比。点击上方公司名可切换其他公司
XP Inc.的季度营收约是百度的2.7倍（$13.5B vs $5.0B），百度净利率更高（6.0% vs 0.0%，领先6.0%）
百度是中国头部跨国科技企业，深耕互联网服务与人工智能赛道，在中国搜索引擎市场占据主导地位。旗下拥有百度APP、百度百科、百度贴吧等多元产品矩阵，同时运营视频平台爱奇艺，可为海量用户提供覆盖多场景的优质数字服务。
XP Inc.是巴西知名投资管理企业，提供固定收益产品、股票、投资基金、私人养老金产品，同时开展财富管理及其他金融服务。公司主要服务巴西本土客户，在圣保罗、里约热内卢、纽约、迈阿密、伦敦、日内瓦均设有办事处。
BIDU vs XP — 直观对比
营收规模更大
XP
是对方的2.7倍
$5.0B
净利率更高
BIDU
高出6.0%
0.0%
损益表 — Q4 FY2025 vs Q3 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $5.0B | $13.5B |
| 净利润 | $300.0M | $22.0K |
| 毛利率 | 41.0% | — |
| 营业利润率 | 4.1% | 1.1% |
| 净利率 | 6.0% | 0.0% |
| 营收同比 | 14.0% | — |
| 净利润同比 | -47.1% | — |
| 每股收益（稀释后） | $0.53 | $536884.00 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BIDUXP
| Q4 25 | $5.0B | — | ||
| Q3 25 | $4.4B | $13.5B | ||
| Q2 25 | $4.6B | $8.8B | ||
| Q1 25 | $4.5B | $4.3B | ||
| Q4 24 | $4.4B | — | ||
| Q3 24 | $4.8B | $12.6B | ||
| Q2 24 | $4.7B | $8.3B | ||
| Q1 24 | $4.4B | $4.1B |
净利润BIDUXP
| Q4 25 | $300.0M | — | ||
| Q3 25 | $-1.6B | $22.0K | ||
| Q2 25 | $1.0B | $22.0K | ||
| Q1 25 | $1.1B | $22.0K | ||
| Q4 24 | $567.0M | — | ||
| Q3 24 | $1.1B | $21.0K | ||
| Q2 24 | $768.0M | $21.0K | ||
| Q1 24 | $811.0M | $21.0K |
毛利率BIDUXP
| Q4 25 | 41.0% | — | ||
| Q3 25 | 41.2% | — | ||
| Q2 25 | 43.9% | — | ||
| Q1 25 | 46.1% | — | ||
| Q4 24 | 49.9% | — | ||
| Q3 24 | 51.1% | — | ||
| Q2 24 | 51.7% | — | ||
| Q1 24 | 51.5% | — |
营业利润率BIDUXP
| Q4 25 | 4.1% | — | ||
| Q3 25 | -48.4% | 1.1% | ||
| Q2 25 | 10.0% | 1.0% | ||
| Q1 25 | 13.9% | 1.1% | ||
| Q4 24 | 11.1% | — | ||
| Q3 24 | 17.6% | 1.0% | ||
| Q2 24 | 17.5% | 0.9% | ||
| Q1 24 | 17.4% | 1.0% |
净利率BIDUXP
| Q4 25 | 6.0% | — | ||
| Q3 25 | -36.3% | 0.0% | ||
| Q2 25 | 22.2% | 0.0% | ||
| Q1 25 | 24.1% | 0.0% | ||
| Q4 24 | 12.8% | — | ||
| Q3 24 | 23.2% | 0.0% | ||
| Q2 24 | 16.4% | 0.0% | ||
| Q1 24 | 18.6% | 0.0% |
每股收益（稀释后）BIDUXP
| Q4 25 | $0.53 | — | ||
| Q3 25 | $-4.76 | $536884.00 | ||
| Q2 25 | $2.84 | $537811.00 | ||
| Q1 25 | $2.98 | $539533.00 | ||
| Q4 24 | $1.95 | — | ||
| Q3 24 | $3.08 | $550958.00 | ||
| Q2 24 | — | $554030.00 | ||
| Q1 24 | $2.07 | $556675.00 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $16.5B | — |
| 总债务越低越好 | $5.9B | — |
| 股东权益账面价值 | $38.1B | $20.0B |
| 总资产 | $64.2B | $347.5B |
| 负债/权益比越低杠杆越低 | 0.16× | — |
8季度趋势，按日历期对齐
现金及短期投资BIDUXP
| Q4 25 | $16.5B | — | ||
| Q3 25 | $17.5B | — | ||
| Q2 25 | $17.3B | — | ||
| Q1 25 | $19.5B | — | ||
| Q4 24 | $17.5B | — | ||
| Q3 24 | $18.9B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
总债务BIDUXP
| Q4 25 | $5.9B | — | ||
| Q3 25 | $2.5B | — | ||
| Q2 25 | $2.4B | — | ||
| Q1 25 | $2.3B | — | ||
| Q4 24 | $4.9B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益BIDUXP
| Q4 25 | $38.1B | — | ||
| Q3 25 | $38.6B | $20.0B | ||
| Q2 25 | $39.8B | $20.0B | ||
| Q1 25 | $38.6B | $20.0B | ||
| Q4 24 | $36.1B | — | ||
| Q3 24 | $38.5B | $19.5B | ||
| Q2 24 | — | $19.5B | ||
| Q1 24 | — | $19.5B |
总资产BIDUXP
| Q4 25 | $64.2B | — | ||
| Q3 25 | $62.4B | $347.5B | ||
| Q2 25 | $62.9B | $347.5B | ||
| Q1 25 | $62.6B | $347.5B | ||
| Q4 24 | $58.6B | — | ||
| Q3 24 | $59.5B | $249.0B | ||
| Q2 24 | — | $249.0B | ||
| Q1 24 | — | $249.0B |
负债/权益比BIDUXP
| Q4 25 | 0.16× | — | ||
| Q3 25 | 0.07× | — | ||
| Q2 25 | 0.06× | — | ||
| Q1 25 | 0.06× | — | ||
| Q4 24 | 0.14× | — | ||
| Q3 24 | 0.05× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $1.5B | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 5.08× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流BIDUXP
| Q4 25 | $1.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $-6.3B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $4.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | $5.3B | — | ||
| Q1 24 | — | — |
现金转化率BIDUXP
| Q4 25 | 5.08× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -6.26× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 7.12× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 6.88× | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BIDU
| Legacy Business | $1.8B | 35% |
| Baidu Core AI-powered Business | $1.6B | 32% |
| Other | $1.3B | 26% |
| Others | $357.5M | 7% |
XP
暂无分部数据
