Baidu Q2 earnings report: Total revenue of 31.3 billion yuan, AI business accounts for more than half of the revenue in a row

Comparative news, according to a Jinshi report, Baidu (09888.HK) released its financial report for the second quarter of 2026, showing total quarterly revenue of 31.3 billion yuan; Baidu's general business revenue was 25.2 billion yuan, of which AI business revenue accounted for 50%, accounting for more than half for two consecutive quarters.

Li Yanhong, founder of Baidu, said that the continued growth of the AI business has further confirmed Baidu's transformation from an Internet-centered company to an AI-first company, and has further strengthened Baidu's confidence in long-term growth potential. According to financial reports, Baidu's AI cloud infrastructure revenue in the second quarter was 7.3 billion yuan, up 50% year on year. Among them, GPU cloud increased 283% year over year, and achieved three-digit growth for four consecutive quarters; AI application revenue was 2.5 billion yuan, up 3% year on year; and AI native marketing service revenue was 2.6 billion yuan.