AI Business Revenue Reaches 40 Billion Yuan! Baidu Releases Financial Report

Baidu released its Q4 and full-year 2025 financial reports on February 26. The reports show that in 2025, Baidu achieved total revenue of 129.1 billion yuan, with AI business revenue reaching 40 billion yuan; in Q4 2025, Baidu’s total revenue was 32.7 billion yuan, with AI business income accounting for 43% of general business revenue, surpassing market expectations.

Baidu founder Robin Li stated that 2025 is a key year for AI to become Baidu’s new core.

“AI cloud is gaining strong momentum. With our differentiated full-stack end-to-end AI capabilities, we are winning increasing recognition from enterprises. Our AI application portfolio continues to expand, meeting diverse needs of businesses and individuals. Radish Run further consolidates its global leadership, operating at industry-leading scale, while accelerating international expansion into new markets. Meanwhile, native AI marketing services continue to grow, opening new possibilities for long-term development,” said Robin Li.

Specifically, AI cloud continued to grow, with full-year 2025 revenue up 34% year-over-year. In particular, subscription revenue for AI high-performance computing infrastructure in Q4 2025 increased by 143% year-over-year, accelerating from 128% in Q3.

In terms of AI native marketing services, full-year 2025 revenue increased by 301% year-over-year. By December 2025, Baidu App’s monthly active users reached 679 million, and Wenxin Assistant’s monthly active users reached 202 million. Since the launch of the Spring Festival red envelope activity, Wenxin Assistant’s monthly active users increased fourfold year-over-year. In 2025, Hui Bo Xing digital human broadcast scale grew by 202%, with revenue up 228%, enabling more than 30 industries.

At the same time, AI applications generated over 10 billion yuan in revenue in 2025. IDC’s “China No-Code Generative Application Development Platform Test Report” shows that the no-code generation platform Suda demonstrates industry-leading performance in platform functionality and application quality. During the quarter, Baidu’s self-evolving super intelligent agent, Baidu Famu, received over 2,000 enterprise trial applications, and launched the “Tongzhou Ecosystem Partner Program.” Recently, Baidu Wenku and Baidu Cloud were integrated into the Personal Super Intelligence Business Group (PSIG), further accelerating AI application innovation.

Additionally, Radish Run’s global autonomous driving mobility trips in Q4 reached 3.4 million, a year-over-year increase of over 200%, with weekly trip peaks exceeding 300,000 during the quarter. The financial report shows that Radish Run is accelerating its expansion into multiple global markets.

As of February 2026, Radish Run has provided over 20 million global mobility services, covering 26 cities worldwide. Currently, Radish Run’s total autonomous driving mileage exceeds 300 million kilometers, with over 190 million kilometers fully autonomous.

Recently, Wenxin 5.0 official version was launched. As a native multimodal large model, it has 2.4 trillion parameters, using native multimodal unified modeling technology, supporting input and output of text, images, audio, and video. Previously, Wenxin 5.0 repeatedly topped the LMArena text ranking and visual understanding ranking domestically, outperforming many mainstream models both domestically and internationally. In January 2026, Kunlun Chip submitted an application for listing on the Hong Kong Stock Exchange’s main board.