IQNasdaqServices-Video Tape RentalFiscal year ends December 31
iQIYI, Inc.
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Mar 16, 2026
$0.93−0.02 (-2.41%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2016 to 2025
Gross margin
21.1%+14.9 pts over 5 years
Operating margin
0.8%+21.2 pts over 5 years
Net margin
-0.8%+22.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -6.6% | -2.0% | -1.7% | – | |
| Gross profit | -20.9% | -4.9% | +25.8% | – | |
| Operating income | -87.3% | -44.1% | – | – | |
| Free cash flow | -99.5% | – | – | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on assets | – | -15.1% | -0.4% | |
| Current ratio | – | 0.90 | 0.47 | |
| Interest coverage | -25.2× | -5.7× | 0.3× | |
| Capex to revenue | 3.6% | 0.8% | 0.4% | |
| Diluted shares | 343M | – | – |
Where the cash went
Fiscal 2021 to 2025, five years combined
iQIYI generated CN¥11.59B from operations and spent CN¥647.90M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
CN¥11.59B
Used
CN¥647.90M
Capital expenditureCN¥647.90M100%DividendsCN¥00%Share buybacksCN¥00%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-CN¥206.31M
- Cash generatingOperating cash flow above zeroCN¥105.80M
- Return on assets improvedROA up on the prior year1.7% → -0.5%
- Earnings backed by cashOperating cash flow above net incomeCN¥105.80M vs -CN¥206.31M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.44 → 0.47
- No dilutionShare count did not rise– → –
- Gross margin improvedGross margin up on the prior year24.88% → 21.07%
- More efficientAsset turnover rose0.66 → 0.60