1、 1/7 Baidu Announces First Quarter 2025 Results BEIJING,China,May 21,2025 Baidu,Inc.(NASDAQ:BIDU and HKEX:9888(HKD Counter)and 89888(RMB Counter)(“Baidu or the“Company”),a leading AI company with a strong Internet foundation,today announced its unaudited financial results for the first quarter ended

2、 March 31,2025.“Baidu Core revenue grew 7%year over year in the first quarter,driven by the accelerating momentum of AI Cloud,which surged 42%year over year.The strong performance of our AI Cloud business underscores the growing market recognition of our distinctive strength in providing full-stack

3、AI products and solutions with a highly competitive price-performance advantage.We also achieved a pivotal milestone in our robotaxi business,as Apollo Go expanded internationally by entering Dubai and Abu Dhabi,reinforcing our commitment to bringing safe,comfortable,and affordable autonomous ride-h

4、ailing services to global markets,”said Robin Li,Co-founder and CEO of Baidu.“We are confident that our AI-first strategy positions us to remain at the forefront and to capture long-term growth opportunities in the AI era.”“AI Cloud continued its robust growth in the first quarter,which provides sol

5、id support to our overall revenue while we accelerate the AI transformation across our mobile ecosystem,”said Junjie He,Interim CFO of Baidu.“Looking ahead,we are strongly committed to investing in AI to translate our technological strengths into sustainable long-term growth.”First Quarter 2025 Fina

6、ncial Highlights1 Baidu,Inc.(In millions except per Q1 Q4 Q1 ADS,unaudited)2024 2024 2025 YOY QOQ RMB RMB RMB US$Total revenues 31,513 34,12432,452 4,4723%(5%)Operating income 5,4843,9174,508621(18%)15%Operating income(non-GAAP)2 6,6735,0475,333735(20%)6%Net income to Baidu 5,4485,1927,717 1,06342%4