Baidu (LIM:BIDU) Research & Development: $2,869 Mil (TTM As of Mar. 2026)


LIM:BIDU Baidu Inc LIM:BIDU
63 GF Score
Price $112.95
GF Value $117.56
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Baidu Research & Development?

Baidu LIM:BIDU 63 Research & Development is $2,869 Mil as of Mar. 2026. GuruFocus rates LIM:BIDU with a GF Score™ of 63/100 and a GF Value™ of $117.56 (Fairly Valued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Baidu's Research & Development for the three months ended in Mar. 2026 was $636 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $2,869 Mil.


Baidu  (LIM:BIDU) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Baidu Research & Development Related Terms


Baidu Research & Development Historical Data

* Premium members only.

The historical data trend for Baidu's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baidu Research & Development Chart

Baidu Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,915.34 3,344.24 3,388.14 3,039.96 2,901.10

Baidu Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 626.82 712.91 727.03 793.82 635.66
LIM:BIDU
63GF Score
Baidu Inc LIM:BIDU
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Baidu Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,869 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $2,869 Mil mean?
Baidu (LIM:BIDU) has a Research & Development of $2,869 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Baidu and its competitors.
Is Baidu's Research & Development too high?
Baidu's current Research & Development is $2,869 Mil. Overall, Baidu has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baidu's Research & Development compare to RDDT and NBIS?
Baidu's Research & Development of $2,869 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Interactive Media company?
A good Research & Development depends on the Interactive Media industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Baidu and its competitors. Baidu's current Research & Development is $2,869 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baidu stock overvalued right now?
Based on GuruFocus' analysis, Baidu (LIM:BIDU) is currently considered Fairly Valued. The stock's GF Value™ is $117.56, compared to a current price of $112.95 — trading 3.9% below its estimated fair value. The current Research & Development is $2,869 Mil. Baidu's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Baidu (LIM:BIDU), the current Research & Development is $2,869 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Baidu (LIM:BIDU) Overvalued in 2026?

Based on GuruFocus' analysis, Baidu stock appears to be undervalued. The current stock price of $112.95 is trading 3.9% below its estimated GF Value™ of $117.56. GuruFocus considers Baidu to be Fairly Valued.

Key valuation signals for LIM:BIDU:

  • Research & Development: $2,869 Mil
  • GF Value™: $117.56 vs. price of $112.95 (3.9% below fair value)
  • GF Score™: 63/100 with 5 warning signs

No single metric tells the full story. See the LIM:BIDU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Baidu Business Description

Address No. 10 Shangdi 10th Street, Baidu Campus, Haidian District, Beijing, CHN, 100085
Most of Baidu's revenue comes from Baidu core, with the rest coming from video-streaming subsidiary iQiyi. The firm's main businesses include online marketing services from its search engine, AI cloud infrastructure, AI applications, AI marketing, and autonomous driving.
63GF Score

Get the complete analysis for LIM:BIDU

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$112.95
Price
$117.56
GF Value