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Baidu vs Meta Platforms: revenue, profit, margins and growth compared

Baidu brought in $18.5B of revenue in fiscal 2025, Meta Platforms $201B in fiscal 2025. Revenue changed by +1.2% at Baidu and +22.2% at Meta Platforms on the year before, so Meta Platforms grew faster. Baidu kept 4.3% of its revenue as net profit, Meta Platforms 30.1%. Free cash flow was -$2.2B at Baidu and $46.1B at Meta Platforms.

Side by side, latest fiscal year

BIDUMETA
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$18.5B$201B
Revenue growth+1.2%+22.2%
Net income$799M$60.5B
Net margin4.3%30.1%
Free cash flow-$2.2B$46.1B
Free cash flow margin-11.7%22.9%
Earnings per share (diluted)n/a$23.49
Cash$3.5B$35.9B
Debt$5.9B$58.7B
Price to earningsn/a30.7
Market value$29.7B$1.84T
Dividend yieldn/a0.29%
Rank by revenue in sector#40 of 731 · Technology#5 of 731 · Technology

Over the years

Revenue
BIDU FY2018: $14.9BBIDU FY2019: $15.4BBIDU FY2020: $16.4BBIDU FY2021: $19.5BBIDU FY2022: $17.9BBIDU FY2023: $19BBIDU FY2024: $18.2BBIDU FY2025: $18.5BMETA FY2018: $55.8BMETA FY2019: $70.7BMETA FY2020: $86BMETA FY2021: $117.9BMETA FY2022: $116.6BMETA FY2023: $134.9BMETA FY2024: $164.5BMETA FY2025: $201BFY18FY19FY20FY21FY22FY23FY24FY25
BIDU $18.5BMETA $201B
Net income
BIDU FY2018: $4BBIDU FY2019: $296MBIDU FY2020: $3.4BBIDU FY2021: $1.6BBIDU FY2022: $1.1BBIDU FY2023: $2.9BBIDU FY2024: $3.3BBIDU FY2025: $799MMETA FY2018: $22.1BMETA FY2019: $18.5BMETA FY2020: $29.1BMETA FY2021: $39.4BMETA FY2022: $23.2BMETA FY2023: $39.1BMETA FY2024: $62.4BMETA FY2025: $60.5BFY18FY19FY20FY21FY22FY23FY24FY25
BIDU $799MMETA $60.5B
Net margin
BIDU FY2018: 27.0%BIDU FY2019: 1.9%BIDU FY2020: 21.0%BIDU FY2021: 8.2%BIDU FY2022: 6.1%BIDU FY2023: 15.1%BIDU FY2024: 17.8%BIDU FY2025: 4.3%META FY2018: 39.6%META FY2019: 26.1%META FY2020: 33.9%META FY2021: 33.4%META FY2022: 19.9%META FY2023: 29.0%META FY2024: 37.9%META FY2025: 30.1%FY18FY19FY20FY21FY22FY23FY24FY25
BIDU 4.3%META 30.1%
Revenue growth
BIDU FY2019: +3.7%BIDU FY2020: +6.4%BIDU FY2021: +19.0%BIDU FY2022: -8.2%BIDU FY2023: +5.7%BIDU FY2024: -3.8%BIDU FY2025: +1.2%META FY2019: +26.6%META FY2020: +21.6%META FY2021: +37.2%META FY2022: -1.1%META FY2023: +15.7%META FY2024: +21.9%META FY2025: +22.2%FY19FY20FY21FY22FY23FY24FY25
BIDU +1.2%META +22.2%
Free cash flow
BIDU FY2018: $4BBIDU FY2019: $3.2BBIDU FY2020: $2.9BBIDU FY2021: $1.4BBIDU FY2022: $2.6BBIDU FY2023: $3.6BBIDU FY2024: $1.8BBIDU FY2025: -$2.2BMETA FY2018: $15.4BMETA FY2019: $21.2BMETA FY2020: $23.6BMETA FY2021: $39BMETA FY2022: $19.3BMETA FY2023: $44.1BMETA FY2024: $54.1BMETA FY2025: $46.1BFY18FY19FY20FY21FY22FY23FY24FY25
BIDU -$2.2BMETA $46.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Baidu and Meta Platforms

Which is bigger by revenue, Baidu or Meta Platforms?

Meta Platforms is bigger by revenue: $201B in fiscal 2025, against $18.5B for Baidu in fiscal 2025.

Which keeps more of its revenue as profit, Baidu or Meta Platforms?

Baidu had a net margin of 4.3% in fiscal 2025; Meta Platforms had 30.1% in fiscal 2025.

Which grew revenue faster, Baidu or Meta Platforms?

In their latest fiscal years revenue changed by +1.2% at Baidu and +22.2% at Meta Platforms.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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