Baidu Q2 Earnings: Total Revenue RMB 31.3 Billion, AI Business Revenue Share Exceeds Half for Consecutive Quarters

Odaily News: Baidu (09888.HK) released its Q2 2026 earnings report, showing quarterly total revenue of RMB 31.3 billion. Baidu's core business revenue reached RMB 25.2 billion, with AI business accounting for 50% of that figure, marking the second consecutive quarter where AI's revenue share has exceeded half.

Baidu founder Robin Li stated that the sustained growth of the AI business further validates Baidu's transformation from an internet-centric company to an AI-first company, and also strengthens confidence in the company's long-term growth potential. According to the earnings report, Baidu's AI cloud infrastructure revenue reached RMB 7.3 billion in Q2, up 50% year-over-year, with GPU cloud revenue surging 283% year-over-year, achieving triple-digit growth for the fourth consecutive quarter. AI application revenue stood at RMB 2.5 billion, up 3% year-over-year, while AI-native marketing services revenue reached RMB 2.6 billion. (Jin Shi)