iQIYI, Inc. (IQ)

NASDAQ: IQ · Real-Time Price · USD

0.8601

-0.0438 (-4.85%)

At close: Sep 2, 2026, 4:00 PM EDT

0.8760

+0.0159 (1.85%)

After-hours: Sep 2, 2026, 7:57 PM EDT

iQIYI Financials Overview

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	25,989	27,291	29,225	31,873	28,998	30,554
Revenue Growth	-6.09%	-6.62%	-8.31%	9.92%	-5.10%	2.85%
Gross Profit	4,663	5,749	7,272	8,770	6,746	3,228
Operating Income	-399.61	229.32	1,811	2,989	1,380	-4,139
Net Income	-836.83	-206.31	764.06	1,925	-136.21	-6,190
Earnings Per Share	-	-0.21	0.77	1.96	-0.16	-7.78
EPS Growth	-	-	-60.71%	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	4,123	4,669	4,471	5,376	7,916	4,367
Total Debt	14,120	15,246	14,193	15,311	22,581	18,353
Net Cash (Debt)	-9,996	-10,577	-9,722	-9,935	-14,665	-13,986
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-	-10.97	-10.01	-10.19	-17.14	-17.57

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	305.61	105.8	2,110	3,352	-70.57	-5,952
Capital Expenditures	-139.86	-95.81	-79.32	-36.97	-174.26	-261.54
Free Cash Flow	165.75	9.99	2,031	3,315	-244.83	-6,213
Free Cash Flow Growth	-83.53%	-99.51%	-38.73%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	17.94%	21.07%	24.88%	27.52%	23.26%	10.56%
Operating Margin	-1.54%	0.84%	6.20%	9.38%	4.76%	-13.55%
Pretax Margin	-2.10%	-0.22%	2.91%	6.38%	-0.12%	-19.68%
Profit Margin	-3.22%	-0.76%	2.61%	6.04%	-0.47%	-20.26%
FCF Margin	0.64%	0.04%	6.95%	10.40%	-0.84%	-20.34%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 3, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	-	-	18.43	17.19	-	-
Forward PE	95.86	275.06	7.38	12.17	18.27	-
P/FCF Ratio	33.65	1294.09	6.93	9.99	-	-
PS Ratio	0.22	0.47	0.48	1.04	1.04	0.75