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

iQIYI, Inc. income statement

Annual Quarterly TTM

CNY USD

Millions of CNY, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31
Revenue	27,291	29,225	31,873	28,998	30,554	29,707	28,994	24,989	17,378	11,237
Cost of Revenue	21,542	21,954	23,102	22,319	27,513	27,884	30,348	27,133	17,387	11,437
Gross Profit	5,749	7,272	8,770	6,678	3,041	1,823	-1,355	-2,144	-8.21	-199
Research & Development	1,663	1,778	1,767	1,899	2,795	2,675	2,667	1,995	1,270	824
Selling, General & Admin	3,857	3,682	4,014	3,467	4,725	5,188	5,236	4,168	2,675	1,766
Advertising Expenses	2,624	2,425	2,633	1,809	2,383	2,305	2,757	2,269	1,373	908
Total Costs & Expenses	27,062	27,414	28,883	27,685	35,034	35,748	38,251	33,295	21,331	14,027
Operating Income	229	1,811	2,989	1,312	-4,479	-6,041	-9,258	-8,306	-3,953	-2,789
Interest Expense	910	1,062	1,130	715	1,350	1,066	914	95	278	110
Interest & Investment Income	334	272	257	70	119	157	402	214	83	17
Income from Equity Investments	-4.38	18	-51	-213	-446	-224	-155	-17	-0.26	-0.10
Other Non-Operating Income	-289	-960	-957	-1,346	-1,533	-943	-967	-676	209	-271
Asset Impairment Charges	–	0	0	0	0	95	0	0	0	0
Gain (Loss) on Investments	30	21	-4.03	31	95	38	7.02	190	–	–
Gain (Loss) on Sale of Assets	5.96	19	16	35	26	21	-13	-4.18	-4.59	-1.17
Pretax Income	-60	852	2,033	-34	-6,012	-6,984	-10,225	-8,982	-3,744	-3,061
Income Tax Expense	145	61	80	84	97	23	52	79	-7.57	13
Net Income incl. Noncontrolling Interests	-204	791	1,953	-118	-6,109	-7,007	-10,277	-9,061	-3,737	-3,074
Minority Interest in Earnings	2.27	27	27	18	61	31	47	49	0	0
Net Income	-206	764	1,925	-136	-6,170	-7,038	-10,323	-9,110	-3,737	-3,074
Net Income to Common	-206	764	1,925	-136	-6,190	-7,045	-10,325	-9,409	973	-7,949
EPS (Basic)(per share)	–	–	–	–	–	–	–	–	0.30	-23.20
EPS (Diluted)(per share)	–	–	–	–	–	–	–	–	-1.15	-23.20
Shares Outstanding (Basic, Weighted)(shares)	–	–	–	–	–	–	–	–	343	343
Shares Outstanding (Diluted, Weighted)(shares)	–	–	–	–	–	–	–	–	3,243	343

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: 21.1%
Operating margin: 0.8%
Net margin: -0.8%
Return on equity, FY2025: –

Financial strength

Current ratio: 0.47
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 19.7%

Valuation

P/E ratio: –
Price to sales: –
Price to book: –
Dividend yield: –

Valuation ratios need the share price and fill in once daily prices are connected.