Baidu, Inc.

BIDU ·Technology, Information Technology Services
Financial Statements › Income Statement
Annual Quarterly

Income Statement

Line Item FY2009
Revenue $651.6M
Cost of Revenue $236.8M
Gross Profit $414.8M
Gross Margin 63.7%
Operating Expenses
Research & Development $61.9M
SG&A Expense $117.8M
Operating Income $235.1M
Operating Margin 36.1%
Interest Expense —
Pretax Income —
Income Tax Expense $29.0M
Net Income $217.6M
Net Margin 33.4%
EPS (Basic) $6.29
EPS (Diluted) $6.26
Shares Outstanding (Basic) 34.6M
Shares Outstanding (Diluted) 34.8M
Dividends Per Share —
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