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On May 18, Baidu Group unveiled its financial results for the first quarter of 2026, revealing a total revenue of RMB 32.1 billion. This figure marks a 2% decline compared to the previous quarter, yet it outperformed market expectations, which had pegged the revenue at RMB 31.49 billion. The adjusted profit per American Depositary Share (ADS) stood at RMB 12.06, while the adjusted operating profit reached RMB 3.81 billion. Notably, revenue from Baidu's core AI-driven new businesses surged to RMB 13.6 billion, representing over 50% of the core business revenue for the first time. It is important to recognize that the market is subject to risks, and investors are advised to exercise caution. Please note that this article does not serve as personalized investment advice.
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