Baidu Q2 FY26 net income drops 68% year over year to RMB 2.3 billion; revenue falls 4% to RMB 31.3 billion

• Baidu Q2 revenue fell 4% year over year to RMB 31.3 billion; net income attributable to shareholders dropped to RMB 2.3 billion.
• Diluted earnings per ADS declined to RMB 5.74; operating income eased to RMB 3 billion, leaving a 10% operating margin.
• AI Cloud Infra revenue climbed 50% to RMB 7.3 billion, while GPU Cloud revenue rose year over year by 283%.
• Baidu Core AI-powered Business revenue increased 25% to RMB 12.5 billion, accounting for 50% of Baidu General Business revenue.
• Apollo Go expanded globally with open-road testing in London, fully driverless commercial operations in Dubai, and fully driverless testing permits in Hong Kong.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Baidu Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608180500PR_NEWS_USPR_____CN28332) on August 18, 2026, and is solely responsible for the information contained therein.