iQIYI, Inc. (IQ)
NASDAQ: IQ · Real-Time Price · USD
1.265
-0.025 (-1.94%)
Mar 17, 2026, 1:53 PM EDT - Market open
iQIYI Income Statement
Financials in millions CNY. Fiscal year is January - December.
Millions CNY. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | 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 Revenue | 24,498 | 26,324 | 28,997 | 25,605 | 26,788 |
Other Revenue | 2,793 | 2,901 | 2,876 | 3,393 | 3,766 |
| 27,291 | 29,225 | 31,873 | 28,998 | 30,554 | |
Revenue Growth (YoY) | -6.62% | -8.31% | 9.92% | -5.10% | 2.85% |
Cost of Revenue | 21,542 | 21,858 | 22,849 | 22,252 | 27,327 |
Gross Profit | 5,749 | 7,367 | 9,023 | 6,746 | 3,228 |
Selling, General & Admin | 3,857 | 3,682 | 4,014 | 3,467 | 4,671 |
Research & Development | 1,663 | 1,778 | 1,767 | 1,899 | 2,696 |
Operating Expenses | 5,520 | 5,460 | 5,781 | 5,366 | 7,367 |
Operating Income | 229.32 | 1,906 | 3,243 | 1,380 | -4,139 |
Interest Expense | -909.62 | -1,062 | -1,130 | -715.08 | -1,350 |
Interest & Investment Income | 334.36 | 271.82 | 257.5 | 69.58 | 118.62 |
Earnings From Equity Investments | -4.38 | 17.79 | -51.25 | -213.41 | -446.32 |
Currency Exchange Gain (Loss) | 246.25 | -97.25 | -105.43 | -167.86 | 54.56 |
Other Non Operating Income (Expenses) | 44.57 | -89.86 | 76.65 | -718.44 | -4.59 |
EBT Excluding Unusual Items | -59.5 | 946.96 | 2,290 | -365.27 | -5,767 |
Merger & Restructuring Charges | - | - | - | - | -178.73 |
Gain (Loss) on Sale of Investments | - | - | -4.03 | 31.3 | 94.51 |
Gain (Loss) on Sale of Assets | - | - | - | 367.72 | - |
Asset Writedown | - | -95.28 | -253.13 | -67.52 | -160.99 |
Pretax Income | -59.5 | 851.68 | 2,033 | -33.78 | -6,012 |
Income Tax Expense | 144.54 | 61.09 | 80.05 | 84 | 96.55 |
Earnings From Continuing Operations | -204.04 | 790.59 | 1,953 | -117.78 | -6,109 |
Minority Interest in Earnings | -2.27 | -26.53 | -27.09 | -18.44 | -81.39 |
Net Income | -206.31 | 764.06 | 1,925 | -136.21 | -6,190 |
Net Income to Common | -206.31 | 764.06 | 1,925 | -136.21 | -6,190 |
Net Income Growth | - | -60.32% | - | - | - |
Shares Outstanding (Basic) | 964 | 961 | 954 | 855 | 796 |
Shares Outstanding (Diluted) | 964 | 971 | 975 | 855 | 796 |
Shares Change (YoY) | -0.78% | -0.35% | 13.96% | 7.49% | 7.62% |
EPS (Basic) | -0.21 | 0.79 | 2.02 | -0.16 | -7.78 |
EPS (Diluted) | -0.21 | 0.77 | 1.96 | -0.16 | -7.78 |
EPS Growth | - | -60.71% | - | - | - |
Free Cash Flow | 9.99 | 2,031 | 3,315 | -244.83 | -6,213 |
Free Cash Flow Per Share | 0.01 | 2.09 | 3.40 | -0.29 | -7.81 |
Gross Margin | 21.07% | 25.21% | 28.31% | 23.26% | 10.56% |
Operating Margin | 0.84% | 6.52% | 10.17% | 4.76% | -13.55% |
Profit Margin | -0.76% | 2.61% | 6.04% | -0.47% | -20.26% |
Free Cash Flow Margin | 0.04% | 6.95% | 10.40% | -0.84% | -20.34% |
EBITDA | 235.45 | 9,639 | 10,785 | 9,675 | 6,505 |
EBITDA Margin | 0.86% | 32.98% | 33.84% | 33.37% | 21.29% |
D&A For EBITDA | 6.13 | 7,732 | 7,542 | 8,295 | 10,645 |
EBIT | 229.32 | 1,906 | 3,243 | 1,380 | -4,139 |
EBIT Margin | 0.84% | 6.52% | 10.17% | 4.76% | -13.55% |
Effective Tax Rate | - | 7.17% | 3.94% | - | - |
Revenue as Reported | 27,291 | 29,225 | 31,873 | 28,998 | 30,554 |
Updated Feb 26, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.