IQ
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iQIYI (IQ) is a Communication Services company. Latest news and coverage below.
IPO: March 29, 2018 · $18.00 offering · NASDAQ · View IPO details →
iQIYI revenue & net income history (FY2016–FY2025)
RevenueNet incomeNet margin (right axis, %)
| FY2016Dec 2016 | FY2017Dec 2017 | FY2018Dec 2018 | FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||||
| Revenue | CN¥11.2B | CN¥17.4B | CN¥25.0B | CN¥29.0B | CN¥29.7B | CN¥30.6B | CN¥29.0B | CN¥31.9B | CN¥29.2B | CN¥27.3B |
| Growth (year over year) | — | +54.6% | +43.8% | +16.0% | +2.5% | +2.9% | −5.1% | +9.9% | −8.3% | −6.6% |
| Gross profit | −CN¥199.2M | −CN¥8.21M | −CN¥2.14B | −CN¥1.35B | CN¥1.82B | CN¥3.04B | CN¥6.68B | CN¥8.77B | CN¥7.27B | CN¥5.75B |
| Gross margin | −1.8% | −0.0% | −8.6% | −4.7% | 6.1% | 10.0% | 23.0% | 27.5% | 24.9% | 21.1% |
| Operating income | −CN¥2.79B | −CN¥3.95B | −CN¥8.31B | −CN¥9.26B | −CN¥6.04B | −CN¥4.48B | CN¥1.31B | CN¥2.99B | CN¥1.81B | CN¥229.3M |
| Operating margin | −24.8% | −22.7% | −33.2% | −31.9% | −20.3% | −14.7% | 4.5% | 9.4% | 6.2% | 0.8% |
| Net income | −CN¥3.07B | −CN¥3.74B | −CN¥9.11B | −CN¥10.3B | −CN¥7.04B | −CN¥6.17B | −CN¥136.2M | CN¥1.93B | CN¥764.1M | −CN¥206.3M |
| Net margin | −27.4% | −21.5% | −36.5% | −35.6% | −23.7% | −20.2% | −0.5% | 6.0% | 2.6% | −0.8% |
| EPS (diluted) | −CN¥23.20 | −CN¥1.15 | — | — | — | — | — | — | — | — |
| Balance sheet | ||||||||||
| Cash and equivalents | — | CN¥733.0M | CN¥4.59B | CN¥5.93B | CN¥10.9B | CN¥3.00B | CN¥7.10B | CN¥4.43B | CN¥3.53B | CN¥4.35B |
| Total assets | — | CN¥20.2B | CN¥44.8B | CN¥44.8B | CN¥48.2B | CN¥42.5B | CN¥46.0B | CN¥44.6B | CN¥45.8B | CN¥46.7B |
| Total liabilities | — | CN¥11.9B | CN¥26.6B | CN¥35.1B | CN¥38.7B | CN¥36.8B | CN¥39.7B | CN¥32.4B | CN¥32.4B | CN¥33.4B |
| Long-term debt | — | — | — | — | — | — | — | CN¥100.0M | — | — |
| Shareholders' equity | −CN¥15.3B | −CN¥14.3B | CN¥18.2B | CN¥9.61B | CN¥9.34B | CN¥5.28B | CN¥6.34B | CN¥12.2B | CN¥13.4B | CN¥13.3B |
| Cash flow | ||||||||||
| Operating cash flow | CN¥2.61B | CN¥4.01B | CN¥2.88B | CN¥3.91B | −CN¥5.41B | −CN¥5.95B | −CN¥70.6M | CN¥3.35B | CN¥2.11B | CN¥105.8M |
| Capital expenditure | CN¥399.9M | CN¥1.02B | CN¥611.9M | CN¥740.2M | CN¥240.8M | CN¥261.5M | CN¥174.3M | CN¥37.0M | CN¥79.3M | CN¥95.8M |
| Free cash flow | CN¥2.21B | CN¥2.99B | CN¥2.27B | CN¥3.17B | −CN¥5.65B | −CN¥6.21B | −CN¥244.8M | CN¥3.31B | CN¥2.03B | CN¥9.99M |
RevenueNet incomeNet margin (right axis, %)
| Q3 FY21Sep 2021 | Q4 FY21†Dec 2021 | Q3 FY22Sep 2022 | Q4 FY22†Dec 2022 | Q3 FY23Sep 2023 | Q4 FY23†Dec 2023 | Q3 FY24Sep 2024 | Q4 FY24†Dec 2024 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | — | CN¥7.39B | — | CN¥7.59B | — | CN¥7.71B | — | CN¥6.61B |
| Growth (year over year) | — | −0.9% | — | +2.8% | — | +1.5% | — | −14.2% |
| Gross profit | — | CN¥881.0M | — | CN¥2.19B | — | CN¥2.17B | — | CN¥1.62B |
| Gross margin | — | 11.9% | — | 28.9% | — | 28.2% | — | 24.5% |
| Operating income | — | −CN¥975.2M | — | CN¥783.6M | — | CN¥773.7M | — | CN¥285.4M |
| Operating margin | — | −13.2% | — | 10.3% | — | 10.0% | — | 4.3% |
| Net income | — | −CN¥1.78B | — | CN¥304.3M | — | CN¥466.2M | — | −CN¥189.4M |
| Net margin | — | −24.0% | — | 4.0% | — | 6.0% | — | −2.9% |
| Balance sheet | ||||||||
| Cash and equivalents | CN¥7.30B | CN¥3.00B | CN¥3.56B | CN¥7.10B | CN¥4.23B | CN¥4.43B | CN¥3.24B | CN¥3.53B |
| Total assets | — | CN¥42.5B | CN¥42.9B | CN¥46.0B | — | CN¥44.6B | CN¥44.8B | CN¥45.8B |
| Total liabilities | — | CN¥36.8B | CN¥37.4B | CN¥39.7B | — | CN¥32.4B | CN¥31.6B | CN¥32.4B |
| Long-term debt | — | — | — | — | — | CN¥100.0M | CN¥533.8M | — |
| Shareholders' equity | CN¥6.67B | CN¥5.28B | CN¥5.45B | CN¥6.34B | CN¥11.3B | CN¥12.2B | CN¥13.3B | CN¥13.4B |
| Cash flow | ||||||||
| Operating cash flow | — | −CN¥1.10B | — | CN¥853.4M | — | CN¥633.6M | — | CN¥519.0M |
| Capital expenditure | — | CN¥23.9M | — | CN¥8.80M | — | CN¥19.2M | — | CN¥20.9M |
| Free cash flow | — | −CN¥1.12B | — | CN¥844.6M | — | CN¥614.4M | — | CN¥498.1M |
From iQIYI's 20-F and 6-K filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. Net margin is our own calculation from those reported figures (net income ÷ revenue); it is left blank where revenue is zero or missing. Amounts are in Chinese Yuan (CNY), as reported, not converted to dollars. Per-share figures are per ordinary share, which is not always the share traded in the US: an ADS can stand for several, or for part of one. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
About iQIYI
- Headquarters
- Chaoyang District Beijing, China From SEC filings, Oct 2026
Recent News (1)
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