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BIDU-SW 4Q25 AI Cloud Rev. RMB30B; High-performance Computing Facility Subscription Rev. Surges 1.4x+
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BIDU-SW (09888.HK) announced its 4Q25 and annual results for the period ended December 2025, with annual AI cloud revenue reaching RMB30 billion. In 4Q25, subscription-based revenue from AI high-performance computing facilities grew by 143% YoY, becoming a major growth driver.

In 2025, Baidu AI Cloud ranked first in both the number of large model-related projects won and the amount won, maintaining its position as the cloud provider with the most projects and total amount won for two consecutive years.

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Its Huiboxing digital human technology is empowering a wider range of industries, and has served companies such as JD-SW (09618.HK) and TikTok until now, BIDU-SW added.
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