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Baidu Releases Q1 Financial Report: Li Yanhong Emphasizes Practical Model Development Over Comprehensive Leadership
2025-05-22 /
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Author：小编
Baidu's total revenue for the first quarter of fiscal year 2025 amounted to RMB 32.452 billion, marking a 3% year-over-year increase and surpassing market projections. Under non-GAAP standards, net profit stood at RMB 6.469 billion, registering an 8% year-on-year decline. During the earnings call, Li Yanhong revealed that the iteration of basic models is picking up pace, with a focus on practical application as the linchpin. Baidu will prioritize research and development in domains offering significant application value, underscoring its commitment to technological innovation and strategic resolve.
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