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Corporate earnings: Baidu, SES AI, and International Seaways report Q2 2026 results
Various companies reported their second-quarter 2026 financial results.
Baidu reported revenue of RMB 31.3 billion, a 4% year-over-year decrease, though its AI-powered business revenue grew 25% to RMB 12.5 billion. Its GPU Cloud revenue saw a significant increase of 283% year-over-year.
SES AI reported revenue of $5.1 million, a 40% increase compared to Q2 2025, while reaffirming its full-year revenue guidance of $30 million to $35 million.
Intrusion reported revenue of $1.5 million, a 22% decrease from the prior year, citing funding delays in a federal government contract.
Nayax reported revenue of $123 million, up 28% year-over-year, driven by expansion in customer segments and a 29.1% increase in total transaction value.
International Seaways reported a record adjusted EBITDA of $345 million, with adjusted net income reaching $295 million, compared to $62 million in the same period last year.
CRC reported an adjusted EBITDAX of $338 million and a net production of 149,000 MBoe/d.
Entities
ARQ · Baidu · Draganfly · Harrow · International Seaways · Intrusion · Life360 · Lynkwell · Nayax · Pangaea Logistics · SES AI