May. 18 at 10:44 AM
$BIDU
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Revenue from AI Cloud Infra was RMB 8.8 billion in the first quarter of 2026, up 79% year over year.
Revenue from GPU Cloud[3] increased by 184% year over year in the first quarter of 2026.
Revenue from AI Applications was RMB 2.5 billion in the first quarter of 2026, approximately flat year over year.
As of May 2026, Apollo Go's global footprint reached 27 cities.
Revenue from AI-native marketing services reached RMB 2.3 billion in the first quarter of 2026, up 36% year over year.
Baidu App's MAUs reached 655 million in March 2026.
Operating income was RMB3.2 billion (
$463 million) and operating margin was 10%.
Non-GAAP operating income was RMB3.8 billion (
$552 million) and non-GAAP operating margin was 12%.
Adjusted EBITDA was RMB6.0 billion (
$863 million) and adjusted EBITDA margin was 19%.
Cost of revenue was RMB19.6 billion (
$2.84 billion), increasing 7% quarter over quarter