1、 1 Baidu Announces Third Quarter 2025 Results BEIJING,China,Nov 18,2025 Baidu,Inc.(NASDAQ:BIDU and HKEX:9888(HKD Counter)and 89888(RMB Counter),(“Baidu”or the“Company”),a leading AI company with strong Internet foundation,today announced its unaudited financial results for the third quarter ended Se

2、ptember 30,2025.“In the third quarter,we demonstrated AIs transformative value across our portfolio.AI Cloud maintained solid growth momentum,driven by broadening enterprise adoption of our AI products and solutions.Apollo Go significantly accelerated the scaling of its fully driverless operations a

3、nd kept advancing global expansion,including entry into Switzerland,all while maintaining industry-leading safety standards.In our Mobile Ecosystem,AI-native monetization products such as agents and digital humans delivered rapid revenue growth,showing strong long-term potential,”said Robin Li,Co-fo

4、under and CEO of Baidu.“We will continue pioneering AI innovations that create substantial value for users,enterprises,and society,cementing our leadership in the AI era.”“AI Cloud achieved healthy expansion in the third quarter,cushioning the impact from softness in our online marketing business,”s

5、aid Haijian He,CFO of Baidu.“Our strategic AI investments are yielding strong returns.Revenue from AI-powered businesses grew over 50%year-over-year to roughly RMB 10 billion in the third quarter of 2025,laying a solid foundation for sustainable long-term growth.Third Quarter 2025 Financial Highligh

6、ts1 Baidu,Inc.(In millions except per ADS,unaudited)Q3 Q2 Q3 2024 2025 2025 YOY QOQ RMB RMB RMB US$Total revenues 33,557 32,71331,1744,379(7%)(5%)Operating income(loss)5,9253,277(15,091)(2,120)-Operating income(non-GAAP)2 7,0144,4452,205310(69%)(50%)Net income(loss)to Baidu 7,6327,322(11,232)(1,578)