Baidu, Inc. (BAIDF)
Baidu, Inc. is a prominent Chinese technology company primarily recognized for its internet search services. Its operations are divided into two main segments: Baidu Core and iQIYI. The Baidu Core segment offers a wide array of products and services. This includes essential mobile applications such as the Baidu App, which provides search functionalities, personalized news feeds, and various utilities; Haokan for short video content; and Baidu Maps, a voice-enabled navigation system. It also manages numerous knowledge platforms like Baidu Wiki, Baidu Healthcare Wiki, and Baidu Scholar, alongside community-driven services like Baidu Knows. The segment further extends into artificial intelligence with the DuerOS smart assistant platform and Xiaodu smart devices, as well as cutting-edge autonomous driving technologies, encompassing automated valet parking, autonomous navigation, electric vehicles, and robotaxi fleets. Additionally, Baidu Core provides extensive online marketing solutions, including auction-based pay-for-performance advertising that allows clients to bid for priority placement of sponsored links, alongside display-based and other performance-driven marketing services. Cloud computing solutions (PaaS, SaaS, and IaaS) and a suite of mobile ecosystem applications, such as Baidu Post, are also part of this segment. The iQIYI segment operates a comprehensive online entertainment platform. It delivers a rich selection of original and licensed video content, offers membership subscriptions, and provides various online advertising opportunities. Baidu, Inc., originally known as Baidu.com, Inc., was founded in Beijing in 2000 and maintains a strategic partnership with Zhejiang Geely Holding Group.
Sector: Services-Computer Programming, Data Processing, Etc.
Industry: Internet Content & Information
Baidu, Inc.
-4.21%$9.90
CLOSED · Nov 5Prev close$10.34-4.21%Close$9.90
Mkt Cap$3.37B
Float-
O/S340.42M
VOL6K sh
$ Vol$55K
RVOL0.48×
Inst Own-
Dilution
Financials Summary
Revenue$18.85B
Net Income$837.77M
Total Assets$67.36B
Free Cash Flow-$2.2B
Debt & Equity
Debt 27%
Equity 73%
Total Debt$14.55B
Total Equity$39.94B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in BAIDF's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$67.36B
Liabilities$23.91B
Accounts Receivable$2.52B
Accounts Payable$5.83B
Inventory$1.71B
PP&E (Net)$5.23B
Goodwill$5.52B
Intangible Assets$583.54M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Revenue | $18.85B | $19.95B | $20.18B | $18.54B | $18.66B | $16.05B | $16.1B | $15.33B | $12.71B | $10.58B | $9.95B | $7.35B | $4.79B | $3.34B | $2.17B | $1.19B | $666.7M | $479.41M | $261.48M | $125.59M | $6.08M | $17.61M | $6.08M |
| YoY Growth | -5.5% | -1.1% | 8.8% | -0.7% | 16.3% | -0.3% | 5.0% | 20.6% | 20.2% | 6.3% | 35.3% | 53.6% | 43.2% | 53.8% | 83.2% | 78.0% | 39.1% | 83.3% | 108.2% | 1965.1% | -65.5% | 189.5% | - |
| Cost of Revenue | $10.58B | $9.91B | $9.75B | $9.58B | $9.64B | $8.27B | $9.42B | $7.76B | $6.45B | $5.29B | $4.12B | $2.83B | $1.72B | $966.61M | $584.13M | $322.17M | $242.27M | $173.2M | $96.74M | $36.8M | $3.39M | $4.94M | $3.1M |
| Gross Profit | $8.27B | $10.05B | $10.43B | $8.95B | $9.02B | $7.78B | $6.68B | $7.57B | $6.26B | $5.29B | $5.83B | $4.52B | $3.07B | $2.38B | $1.59B | $864.27M | $424.44M | $306.21M | $164.74M | $88.79M | $2.69M | $12.66M | $2.98M |
| Gross Margin | 43.9% | 50.3% | 51.7% | 48.3% | 48.3% | 48.5% | 41.5% | 49.4% | 49.2% | 50.0% | 58.6% | 61.5% | 64.1% | 71.1% | 73.1% | 72.8% | 63.7% | 63.9% | 63.0% | 70.7% | 44.2% | 71.9% | 49.0% |
| Research and Development | $2.98B | $3.32B | $3.63B | $3.49B | $3.74B | $2.92B | $2.75B | $2.36B | $1.94B | $1.52B | $1.53B | $1.05B | $615.6M | $345.48M | $200.03M | $107.63M | $63.35M | $42.91M | $21.09M | $11.88M | $778K | $1.71M | $778K |
| Selling, General, and Administrative | $3.77B | $3.54B | $3.53B | $3.07B | $3.71B | $2.71B | $2.98B | $2.88B | $1.97B | $2.26B | $2.56B | $1.56B | $775.49M | $374.94M | $253.75M | $163.23M | $120.51M | $98.9M | $61.63M | $37.51M | $3.3M | $8.32M | $3.3M |
| Other | $150 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $9.3M | $3.59M |
| Total Operating Expenses | $6.76B | $6.86B | $7.15B | $6.57B | $7.44B | $5.63B | $5.73B | $5.25B | $3.91B | $3.78B | $4.08B | $2.6B | $1.39B | $720.42M | $453.77M | $270.86M | $183.86M | $141.81M | $82.72M | $49.39M | $4.08M | $11.01M | $4.37M |
| Operating Income (EBIT) | $1.51B | $3.19B | $3.28B | $2.38B | $1.58B | $2.15B | -$2.92B | $2.33B | $2.35B | $1.51B | $1.75B | $1.92B | $1.68B | $1.66B | $1.14B | $593.4M | $240.57M | $164.4M | $82.02M | $39.4M | -$1.39M | $1.65M | -$1.39M |
| Operating Margin | 8.0% | 16.0% | 16.2% | 12.9% | 8.4% | 13.4% | -18.1% | 15.2% | 18.5% | 14.2% | 17.6% | 26.1% | 35.0% | 49.5% | 52.2% | 50.0% | 36.1% | 34.3% | 31.4% | 31.4% | -22.9% | 9.4% | -22.9% |
| Interest Expense | $406.54M | $423.31M | $486.86M | $436.65M | $512.79M | $465.13M | $443.69M | $282.25M | $242.08M | $173.51M | $156.1M | $94.22M | $67.02M | $16.17M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $1.26B | $1.19B | $1.2B | $936.1M | $832.07M | $803.14M | $908.37M | $667.19M | $472.77M | $351M | $354.15M | $298.72M | $196.15M | $129.88M | $50.31M | $10.06M | $4.9M | $7.15M | $7.35M | $6.36M | $2.04M | $170K | $2.04M |
| Other Income (Expense) | -$533.15M | $1.1B | $500.95M | -$869.25M | $38.97M | $1.31B | $0 | $1.77B | $838.22M | $668.54M | $3.93B | $251.92M | $153.64M | $137.02M | $34.85M | $15.35M | $11.72M | $87.9M | $10.35M | $135.1M | $8.82M | $222K | $2.05M |
| Income Before Tax (EBT) | $980.72M | $4.29B | $3.78B | $1.52B | $1.62B | $3.46B | -$50.96M | $4.1B | $3.19B | $2.17B | $5.68B | $2.17B | $1.83B | $1.79B | $1.17B | $608.75M | $252.29M | $174.51M | $92.37M | $46.38M | -$1.33M | $1.87M | -$1.33M |
| Income Tax Expense | $183.85M | $666.59M | $546.97M | $386.43M | $477.72M | $609.18M | $292M | $710.96M | $448.94M | $436.74M | $820.59M | $334.44M | $274.15M | $235.96M | $178.21M | $80.34M | $29.68M | $17.4M | -$1.91M | $1.84M | -$61K | $72K | -$62K |
| Net Income | $837.77M | $3.56B | $3.05B | $1.13B | $1.53B | $3.37B | -$342.96M | $4.13B | $2.74B | $1.74B | $5.05B | $1.98B | $1.58B | $1.57B | $995.1M | $528.41M | $222.61M | $157.11M | $94.28M | $45.23M | -$1.33M | $1.8M | -$1.33M |
| Net Income Margin | 4.4% | 17.8% | 15.1% | 6.1% | 8.2% | 21.0% | -2.1% | 27.0% | 21.6% | 16.5% | 50.7% | 26.9% | 32.9% | 46.9% | 45.8% | 44.5% | 33.4% | 32.8% | 36.1% | 36.0% | -21.9% | 10.2% | -21.9% |
| Supplementary Data | |||||||||||||||||||||||
| EPS | 1.68 | 8.31 | 9.51 | 2.50 | 3.58 | 9.21 | 0.81 | 11.64 | 7.60 | 4.67 | 121.64 | 46.96 | 37.54 | 37.38 | 23.77 | 12.65 | 5.36 | 3.81 | 2.33 | 1.12 | -0.04 | 0.07 | -0.10 |
| Diluted EPS | 1.47 | 8.24 | 6.89 | 2.48 | 3.51 | 9.13 | 0.80 | 11.55 | 7.55 | 4.67 | 121.34 | 46.74 | 37.43 | 37.36 | 23.73 | 12.61 | 5.34 | 3.80 | 2.29 | 1.11 | -0.04 | 0.07 | -0.10 |
| Weighted Average OS | 2.73B | 2.79B | 2.28B | 2.78B | 2.76B | 2.73B | 2.79B | 2.79B | 2.78B | 2.77B | 276.75M | 280.83M | 280.19M | 279.73M | 279.30M | 278.64M | 277.26M | 275.13M | 270.10M | 269.02M | 227.81M | 163.36M | 90.85M |
| EBITDA | $4.71B | $5.42B | $6.49B | $5.4B | $4.98B | $5.61B | $3.71B | $4.4B | $4.4B | $2.75B | $5.81B | $2.25B | $1.9B | $1.81B | $1.32B | $680.3M | $288.09M | $288.09M | $109.14M | $206.47M | $10.44M | $3.14M | $10.44M |
| EBITDA Margin | 25.0% | 27.2% | 32.2% | 29.1% | 26.7% | 34.9% | 23.0% | 28.7% | 34.6% | 26.0% | 58.4% | 30.6% | 39.7% | 54.1% | 60.5% | 57.3% | 43.2% | 60.1% | 41.7% | 164.4% | 171.6% | 17.8% | 171.6% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Assets | |||||||||||||||||||||||
| Current Assets | |||||||||||||||||||||||
| Cash and Cash Equivalents | $3.72B | $3.72B | $3.78B | $7.97B | $5.52B | $5.36B | $5.01B | $4.14B | $1.66B | $1.63B | $1.49B | $2.08B | $1.45B | $1.78B | $618.69M | $1.17B | $629.55M | $354.08M | $203.75M | $171.07M | $135.53M | $30.01M | $9.42M |
| Short-Term Investments | $13.6B | $15.38B | $25.28B | $18.11B | $21.47B | $18.95B | $16.93B | $16.73B | $16.15B | $11.83B | $8.69B | $6.57B | $4.31B | $3.09B | $1.51B | $56.43M | $57.13M | $45.16M | $36.28M | $12.79M | $0 | $0 | $0 |
| Cash and Short-Term Investments | $17.32B | $19.1B | $29.06B | $26.08B | $27B | $24.31B | $21.94B | $20.88B | $17.81B | $13.47B | $10.18B | $8.64B | $5.76B | $4.87B | $2.13B | $1.22B | $686.68M | $399.24M | $240.03M | $183.86M | $135.53M | $30.01M | $9.42M |
| Accounts Receivable | $2.52B | $2.14B | $2.49B | $3.17B | $2.22B | $1.74B | $1.72B | $1.37B | $731.94M | $677.38M | $636.39M | $653.82M | $332.91M | $207.3M | $142.37M | $59.29M | $33.25M | $15.06M | $15.39M | $5.05M | $3.68M | $1.47M | $314K |
| Inventory | $1.71B | $897.73M | $209.25M | $183.92M | $221.4M | $92.64M | $149.3M | $328.12M | $37.77M | $47.6M | $14.39M | $164.58M | $81.9M | $83.24M | $90.66M | $18.7M | $1.37M | $14.43M | $2.66M | $2.7M | $952K | $27K | $15K |
| Other Current Assets | -$9.79M | $2.24B | $2.64B | $2.38B | $2.44B | $760.27M | $865.35M | $920.81M | $4B | $663.29M | $789.25M | $419.24M | $284.37M | $83.24M | $99.38M | $29.25M | $7.72M | $843K | $948K | $326K | $259K | $27K | $96K |
| Total Current Assets | $22.79B | $25.31B | $34.51B | $31.91B | $31.98B | $27.48B | $24.82B | $23.25B | $22.66B | $14.95B | $11.73B | $9.87B | $6.45B | $5.2B | $2.38B | $1.32B | $725.93M | $427.57M | $258.64M | $191.68M | $140.21M | $31.82M | $9.84M |
| Long-Term Assets | |||||||||||||||||||||||
| Property, Plant & Equipment Net | $5.23B | $6.15B | $5.82B | $5.15B | $5.26B | $4.09B | $3.84B | $2.68B | $1.87B | $1.69B | $1.59B | $1.3B | $804.98M | $593.34M | $411.35M | $243.19M | $149.53M | $132.54M | $101.76M | $28.74M | $14.45M | $5.39M | $1.66M |
| Goodwill | $5.52B | $3.39B | $3.39B | $3.37B | $3.39B | $3.33B | $2.74B | $2.78B | $2.37B | $2.3B | $2.31B | $2.61B | $2.53B | $581.23M | $362.68M | $9.55M | $9.55M | $7.66M | $7.66M | $7.09M | $1.39M | $0 | $0 |
| Intangible Assets | $583.54M | $1.15B | $1.18B | $3.16B | $2.98B | $2.25B | $1.18B | $1.38B | $819.48M | $580.43M | $499.85M | $535.78M | $544.17M | $227.42M | $139.18M | $17.36M | $18.38M | $4.69M | $20.53M | $6.65M | $1.99M | $1.94M | $0 |
| Long-Term Investments | $25.34B | $21.02B | $10.89B | $11.83B | $10.09B | $11.43B | $10.4B | $12.06B | $8.44B | $6.85B | $5.69B | $431.54M | $95.15M | $120.44M | $110.08M | $43.17M | $2.14M | $1.84M | $2.31M | $14.44M | $302K | $0 | $0 |
| Deferred Tax Assets | $687.17M | $328.72M | $314.78M | $319.13M | $355.55M | $250.93M | $328.72M | $348.36M | $229.64M | $164.92M | $151.12M | $38.84M | $14.68M | $7.99M | $7.81M | $4.62M | $5.07M | $3.98M | $2.36M | $870K | $426K | $0 | $0 |
| Other Long-Term Assets | $7.21B | $7.1B | $5.19B | $2.87B | $2.91B | $1.03B | $1.85B | $2.11B | $1.35B | $740.37M | $194.2M | $147.53M | $203.71M | $117.65M | $91.98M | $21.78M | $12.31M | $12.01M | $4.85M | $562K | $11.57M | $158K | $0 |
| Total Long-Term Assets | $44.57B | $38.81B | $26.46B | $26.7B | $24.99B | $22.39B | $20.35B | $21.36B | $15.07B | $12.33B | $10.44B | $5.07B | $4.19B | $1.65B | $1.12B | $339.66M | $196.98M | $162.71M | $139.47M | $58.36M | $30.14M | $7.49M | $1.66M |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $67.36B | $64.12B | $60.97B | $58.61B | $56.97B | $49.87B | $45.17B | $44.6B | $37.73B | $27.28B | $22.16B | $14.94B | $10.64B | $6.85B | $3.5B | $1.66B | $922.91M | $590.29M | $398.11M | $250.04M | $170.35M | $39.3M | $11.5M |
| Liabilities | |||||||||||||||||||||||
| Current Liabilities | |||||||||||||||||||||||
| Accounts Payable | $5.83B | $202.5M | $0 | $206.79M | $73.48M | $470.82M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $67.82M | $44.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $4.26B | $2.86B | $2.86B | $3.08B | $2.2B | $2.28B | $1.29B | $1.5B | $1.16B | $1.47B | $161.11M | $338.83M | $51.51M | $325.42M | $25.76M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $528.68M | $402.77M | $545.62M | $664.04M | $566.46M | $466.93M | $351.06M | $340.41M | $118.94M | $50.07M | $93.65M | $64.28M | $63.75M | $0 | $44.28M | $22.13M | $12.67M | $8.46M | $5.7M | $1.04M | $0 | $0 |
| Current Unearned Revenue | $2.04B | $2.48B | $2.45B | $2.15B | $2.21B | $2.03B | $1.74B | $1.46B | $1.22B | $1.08B | $952.7M | $746.45M | $491.92M | $333.7M | $250.54M | $16.34M | $6.3M | $566K | $40.76M | $22.16M | $11.71M | $944K | $1.12M |
| Other Current Liabilities | -$4.91B | $1.29B | $0 | $0 | $0 | $931.6M | $170.73M | $0 | $7.67B | $0 | $0 | $0 | $0 | $0 | $0 | $154.29M | $14.3M | $9.27M | $4.47M | $0 | $1.58M | $3.9M | $1.63M |
| Total Current Liabilities | $12.95B | $12.13B | $11.46B | $11.94B | $11.17B | $10.25B | $8.6B | $8.52B | $12.3B | $6.91B | $3.91B | $3.04B | $1.65B | $1.23B | $660.52M | $382.51M | $209.81M | $127.31M | $94.61M | $45.12M | $19.67M | $8.12M | $2.94M |
| Long-Term Liabilities | |||||||||||||||||||||||
| Long-Term Debt | $9.16B | $7.79B | $8.6B | $9.47B | $10.25B | $9.04B | $8.72B | $8.23B | $5.37B | $5.17B | $5.09B | $3.51B | $2.58B | $1.45B | $341.45M | $12.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $138.12M | $0 | $102.08M | $73.45M | $52.76M | $117.37M | $153.79M | $204.31M | $10.94M | $4.17M | $2.61M | $5.94M | $56.43M | $28.48M | $2.99M | $749K | $0 | $0 | $50K | $422K | $19K | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $747.61M | $0 | $408.47M | $434.4M | $492.56M | $459.73M | $490.61M | $614.42M | $505.9M | $538.01M | $515.84M | $171.45M | $179.92M | $43.39M | $19.73M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $297.84M | $944.19M | $284.35M | $323.33M | $597.49M | $539.93M | $621.32M | $1.51B | $522.69M | $551.92M | $537.31M | $212.59M | $302.39M | $0 | $22.32M | $0 | $0 | $0 | $450K | $1.05M | $0 | $31.68M | $13.74M |
| Total Long-Term Liabilities | $10.96B | $9.48B | $10.15B | $11.02B | $12.23B | $10.86B | $10.66B | $9.74B | $5.89B | $5.72B | $5.63B | $3.73B | $2.89B | $1.53B | $391M | $13.64M | $622K | $0 | $499K | $1.47M | $19K | $31.68M | $13.74M |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $23.91B | $21.61B | $21.61B | $22.96B | $23.4B | $21.12B | $19.26B | $18.26B | $18.19B | $12.63B | $9.54B | $6.77B | $4.54B | $2.77B | $1.05B | $396.15M | $210.44M | $127.31M | $95.11M | $46.59M | $19.69M | $39.8M | $16.68M |
| Stockholders' Equity | |||||||||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $2K | $0 | $0 |
| Retained Earnings | $26.64B | $26.99B | $24.17B | $22.24B | $21.76B | $20.28B | $18.93B | $19.37B | $15.34B | $12.85B | $11.19B | $7.14B | $5.18B | $3.6B | $2.04B | $1.04B | $515.72M | $296.77M | $139.66M | $45.38M | $150K | -$7.06M | -$8.79M |
| Comprehensive Income & Other | -$247.33M | -$270.26M | -$134.16M | $81.84M | -$1.2M | $29.83M | -$207.31M | $31.48M | $139.4M | -$267.26M | -$120.82M | $34.76M | $126.38M | -$11.73M | -$12.38M | -$17.59M | -$17.02M | -$16.42M | -$12.28M | -$5.05M | -$817K | $78K | -$1.54M |
| Other Stockholders' Equity | $13.31B | $12.52B | $12.35B | $11.26B | $9.94B | $7.11B | $5.6B | $5.04B | $1.95B | $980.29M | $838.86M | $579.47M | $584.52M | $302.34M | $252.93M | $215.83M | $196.75M | $166.21M | $163.33M | $158.06M | $150.5M | $6.56M | $3.6M |
| Total Equity | $39.94B | $39.52B | $36.52B | $33.5B | $31.7B | $27.39B | $24.52B | $24.42B | $17.29B | $13.83B | $12.03B | $7.72B | $5.76B | $3.91B | $2.29B | $1.26B | $712.47M | $462.98M | $303M | $203.45M | $150.65M | -$500K | -$5.18M |
| Minority Interest | $3.51B | $3B | $2.85B | $2.15B | $1.87B | $1.37B | $1.38B | $1.93B | $2.25B | $819.76M | $593.6M | $446.68M | $335.82M | $173.86M | $154.96M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $63.85B | $61.13B | $58.13B | $56.46B | $55.09B | $48.5B | $43.78B | $42.68B | $35.48B | $26.46B | $21.57B | $14.49B | $10.3B | $6.67B | $3.34B | $1.66B | $922.91M | $590.29M | $398.11M | $250.04M | $170.35M | $39.3M | $11.5M |
| Supplementary Data | |||||||||||||||||||||||
| Total Debt | $14.55B | $11.89B | $12.68B | $13.69B | $13.72B | $12.38B | $11.02B | $9.73B | $6.53B | $6.64B | $5.26B | $3.88B | $2.65B | $1.79B | $377.81M | $12.89M | $622K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Debt | $10.83B | $8.17B | $8.9B | $5.73B | $8.19B | $7.02B | $6.01B | $5.59B | $4.87B | $5B | $3.76B | $1.8B | $1.19B | $9.08M | -$240.88M | -$1.15B | -$628.92M | -$354.08M | -$203.75M | -$171.07M | -$135.53M | -$30.01M | -$9.42M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 |
| Operating Activities | |||||||||||||||||||||||
| Net Income | $817.98M | $3.62B | $3.23B | $1.13B | $1.14B | $2.85B | -$342.96M | $3.38B | $2.74B | $1.74B | $4.86B | $1.84B | $1.55B | $1.56B | $992.36M | $528.41M | $157.11M | $45.23M | $94.28M | $45.23M | -$1.33M | $1.8M | -$1.33M |
| Depreciation & Amortization | $3.2B | $2.23B | $3.22B | $3.01B | $3.38B | $3.4B | $3.32B | $2.43B | $1.76B | $1.25B | $878.53M | $595.43M | $397.52M | $227.14M | $132.64M | $66.16M | $42.08M | $10.56M | $27.12M | $10.56M | $733K | $1.49M | $732K |
| Deferred Income Tax | -$185.6M | $0 | -$24.43M | -$14.84M | -$67.3M | $17.24M | -$104.33M | -$114.07M | -$113.32M | -$2.03M | $338.88M | -$103.95M | $49.56M | -$8.85M | -$9.7M | -$11.15M | -$2.07M | -$486K | -$1.61M | $395K | -$766K | $0 | $0 |
| Stock-Based Compensation | $540.37M | $717.1M | $951.09M | $1.02B | $1.06B | $1.01B | $843.31M | $700.91M | $486.26M | $263.82M | $207.92M | $144.31M | $77.16M | $31.82M | $22.79M | $14.05M | $12.59M | $7.24M | $5.97M | $7.24M | $766K | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||||||||
| Accounts Receivable | -$657.56M | $16.04M | $32.38M | -$355.1M | -$321.38M | -$248.83M | -$266.66M | -$241.48M | -$108.07M | -$35.7M | -$130.19M | -$219.16M | -$115.99M | -$50.76M | -$42.34M | -$19.23M | -$4.99M | -$58K | -$6.1M | -$58K | -$228K | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | -$3.64B | -$2.64B | -$709.46M | -$7.49M | $169.53M | $225.2M | -$332.25M | -$243.28M | -$195.05M | -$69.68M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$269.28M | $344.46M | -$128.61M | -$217.35M | $1.07B | $31.18M | -$247.78M | $613.67M | $764.47M | $556.28M | $1.08B | $753.81M | $300.63M | $116.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$5.21B | -$4.48B | -$1.86B | -$1.94B | $88.89M | $132.51M | $221.55M | $127.11M | $159.64M | $99.29M | $21.48M | $195.66M | $155.41M | $120.88M | $131.15M | $131.07M | $55.53M | $3.89M | $21.07M | $16.19M | $1.96M | $0 | $0 |
| Total Working Capital Change | -$6.14B | -$4.12B | -$1.96B | -$2.51B | -$2.8B | -$2.73B | -$1B | $491.81M | $985.57M | $845.06M | $635.18M | $487.03M | $145M | $117.06M | $88.81M | $111.84M | $50.54M | $3.83M | $14.97M | $16.13M | $1.74M | $2.59M | $1.74M |
| Other Non-Cash Items | $1.33B | $734.98M | $74.05M | $1.29B | $308.19M | -$925.76M | $1.55B | -$1.5B | -$932.2M | -$756.82M | -$4.01B | -$269.35M | -$154.06M | -$126.64M | -$929K | -$4.72M | $1.51M | -$295K | -$552K | -$690K | $766K | $2.59M | $766K |
| Net Cash from Operating | -$439.98M | $3.18B | $5.49B | $3.92B | $3.02B | $3.63B | $4.27B | $5.39B | $4.93B | $3.34B | $2.91B | $2.69B | $2.07B | $1.8B | $1.23B | $704.58M | $261.75M | $66.07M | $140.18M | $78.87M | $1.9M | $8.47M | $1.9M |
| Investing Activities | |||||||||||||||||||||||
| Capital Expenditures | -$1.96B | -$1.22B | -$1.68B | -$1.26B | -$1.68B | -$799.1M | -$2.87B | -$3.35B | -$2.09B | -$1.58B | -$1.17B | -$958.62M | -$551.77M | -$384.69M | -$351.12M | -$146.32M | -$71.47M | -$24.82M | -$87.29M | -$22.55M | -$1.19M | -$3.81M | -$959K |
| Acquisitions | $172.6M | $0 | -$17.24M | $38.37M | -$1.84B | -$432M | -$216.6M | $540.08M | $133.71M | $41.18M | -$580.68M | -$49.3M | -$2.02B | -$123.15M | -$291.68M | $1.89M | $2.65M | -$6.49M | -$2.11M | -$6.49M | $0 | -$1.78M | $0 |
| Purchases of Investments | -$46.3B | $0 | -$30.5B | -$27.75B | -$30.05B | -$44.47B | -$51.67B | -$50.67B | -$47.43B | -$36.42B | -$27.33B | -$20.26B | -$12.7B | -$4.98B | -$1.72B | -$435.18M | -$114.63M | $0 | -$17.51M | -$12.79M | $0 | $0 | $0 |
| Sales of Investments | $44.75B | $0 | $24.27B | $28.5B | $28.86B | $41.44B | $51.75B | $47.42B | $41.38B | $33.21B | $24.38B | $17.9B | $11.77B | $3.42B | $224.4M | $398.99M | $87M | $0 | $1.99M | -$3.43M | $0 | $0 | $0 |
| Other Investing Activities | $15.63M | -$63.11M | $370.54M | -$114.07M | $10.64M | $135.66M | $4.65M | $894.43M | -$3.52B | -$645.24M | $6.22M | $3.09M | $3.39M | $1.44M | $369K | -$1.89M | -$2.65M | $0 | -$1.99M | $1.15M | $0 | -$324K | -$233K |
| Net Cash from Investing | -$3.32B | -$1.28B | -$7.55B | -$591.19M | -$4.71B | -$4.13B | -$2.99B | -$5.17B | -$11.53B | -$5.38B | -$4.69B | -$3.37B | -$3.5B | -$2.06B | -$2.14B | -$182.5M | -$99.1M | -$31.32M | -$106.91M | -$44.11M | -$1.19M | -$5.92M | -$1.19M |
| Financing Activities | |||||||||||||||||||||||
| Debt Repaid | -$3.41B | $1.19B | $2.7B | $1.2B | -$1.16B | -$1.81B | -$264.72M | -$2.7B | -$3.55B | -$830.12M | -$1.55B | -$1.13B | -$910.55M | -$1.43B | -$334.68M | -$12.89M | - | - | - | - | - | - | - |
| Common Stock Issuance | $13.58M | $0 | $518.79M | $183.92M | $3.08B | $698.81M | $60.11M | $2.35B | $606.48M | $99.08M | $528.83M | $276.83M | $209.45M | $15.06M | $6.59M | $0 | $11.85M | $11.85M | $0 | $0 | $107.37M | $18.04M | $107.37M |
| Common Stock Repurchases | -$808.41M | -$947.94M | -$714.1M | -$288.55M | -$1.14B | -$1.96B | -$743.18M | -$496.46M | -$258.27M | $0 | -$955.88M | $0 | $0 | $0 | $0 | $0 | -$3.66M | -$3.66M | $0 | -$10.27M | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$5.38B | $0 | -$1.93B | -$50.66M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$11.39M | $15.29M | $553.87M | $351.96M | $236.84M | $948.69M | -$37.92M | -$349.71M | $8.18B | $1.04B | $2.5B | -$130.48M | $188.02M | $2.98M | $3.48M | $5.81M | -$13.53M | -$3.37M | $6.1M | $4.93M | -$107.36M | -$17.95M | $1.2M |
| Net Cash from Financing | $2.16B | -$2.06B | -$2.12B | -$957.84M | $3.51B | $849.16M | -$580.55M | $2.26B | $6.68B | $2.17B | $1.17B | $1.29B | $1.13B | $1.43B | $363.62M | $18.7M | -$5.34M | $4.82M | $6.1M | $4.82M | $11K | $18.04M | $11K |
| Forex Effect | $87.96M | $14.24M | $42.27M | $259.17M | -$141.35M | -$31.78M | $150K | $285.1M | -$47.37M | $21.63M | $26.86M | $11.93M | -$30.06M | -$1.74M | -$1.29M | -$916K | -$5.68M | -$4.25M | -$7.24M | -$4.25M | $0 | $1K | $0 |
| Net Change in Cash | -$1.52B | -$147.65M | -$4.15B | $2.63B | $1.67B | $314.93M | $691.32M | $2.77B | $27.88M | $140.68M | -$583.51M | $623.71M | -$328.1M | $1.16B | -$547.79M | $539.87M | $151.63M | $35.33M | $32.13M | $35.33M | $722K | $20.59M | $722K |
| Supplementary Data | |||||||||||||||||||||||
| Operating Cash Flow | -$439.98M | $3.18B | $5.49B | $3.92B | $3.02B | $3.63B | $4.27B | $5.39B | $4.93B | $3.34B | $2.91B | $2.69B | $2.07B | $1.8B | $1.23B | $704.58M | $261.75M | $66.07M | $140.18M | $78.87M | $1.9M | $8.47M | $1.9M |
| Capital Expenditure | -$1.76B | -$1.22B | -$1.69B | -$1.26B | -$1.68B | -$799.1M | -$2.87B | -$3.35B | -$2.09B | -$1.58B | -$1.17B | -$958.62M | -$551.77M | -$384.69M | -$351.12M | -$146.32M | -$71.47M | -$24.82M | -$87.29M | -$22.55M | -$1.19M | -$3.81M | -$959K |
| Free Cash Flow | -$2.2B | $1.96B | $3.8B | $2.66B | $1.33B | $2.83B | $1.4B | $2.04B | $2.84B | $1.76B | $1.75B | $1.73B | $1.52B | $1.41B | $874.85M | $558.27M | $190.28M | $41.25M | $52.88M | $56.32M | $711K | $4.66M | $944K |
| Cash at Beginning | $5.24B | $5.63B | $9.78B | $7.15B | $5.48B | $5.16B | $4.47B | $1.7B | $1.63B | $1.49B | $2.08B | $1.45B | $1.78B | $618.69M | $1.17B | $626.62M | $202.45M | $135M | $170.32M | $135M | $8.7M | $9.42M | $8.69M |
| Cash at End | $3.72B | $5.48B | $5.63B | $9.78B | $7.15B | $5.48B | $5.16B | $4.47B | $1.66B | $1.63B | $1.49B | $2.08B | $1.45B | $1.78B | $618.69M | $1.17B | $354.08M | $170.32M | $202.45M | $170.32M | $9.42M | $30.01M | $9.42M |