Last 35 quarters of trend data · Communication Services · Entertainment
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
EV/EBITDA has expanded 18.0% YoY to 1.8x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 15.72 | — | — | 2.97 | — | 3.11 | 13.11 | 1.56 | 2.49 | 2.42 | 3.81 | 2.89 | 3.79 |
| — | — | — | +91.2% | — | +28.5% | +243.6% | -46.2% | -34.2% | — | — | -46.5% | — | |
| P/S Ratio | 1.26 | 0.09 | 0.06 | 0.08 | 0.07 | 0.10 | 0.12 | 0.13 | 0.15 | 0.14 | 0.17 | 0.21 | 0.15 |
| — | -3.4% | -46.8% | -41.1% | -52.7% | -34.0% | -27.9% | -38.5% | +1.6% | +83.6% | +22.4% | +64.4% | +23.3% | |
| P/B Ratio | 0.88 | 0.19 | 0.13 | 0.16 | 0.14 | 0.21 | 0.28 | 0.32 | 0.39 | 0.41 | 0.49 | 0.66 | 0.73 |
| — | -11.3% | -54.3% | -50.0% | -63.0% | -49.0% | -43.3% | -51.3% | -46.3% | -5.3% | -15.0% | +22.2% | +13.3% | |
| P/FCF | 19.01 | — | — | 1.73 | 1.02 | 2.95 | 2.35 | 1.12 | 1.94 | 1.40 | 1.50 | 1.75 | 1.41 |
| — | — | — | +54.3% | -47.3% | +110.2% | +56.9% | -36.1% | +37.1% | — | — | — | — | |
| EV / EBITDA | 26.13 | 1.83 | 1.70 | 1.42 | 10.98 | 1.55 | 1.55 | 3.89 | 1.47 | 1.40 | 1.56 | 2.24 | 10.75 |
| — | +18.0% | +9.3% | -63.6% | +647.4% | +10.7% | -0.1% | +73.8% | -86.3% | -12.2% | -7.6% | +34.8% | +298.1% | |
| EV / EBIT | 26.22 | 241.04 | — | 7.00 | 11.03 | 6.54 | 10.12 | 3.82 | 4.89 | 5.10 | 6.39 | 7.02 | 10.32 |
| — | +3587.5% | — | +83.4% | +125.5% | +28.1% | +58.5% | -45.6% | -52.6% | — | -97.8% | -43.9% | — |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
iQIYI, Inc.'s operating margin was -1.8% in Q3 2025, down 1.1 pp QoQ and down 5.1 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 1.6% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin contracted 17.4% YoY, suggesting cost inflation or competitive pricing pressure.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.9% | 18.2% | 20.1% | 24.8% | 24.5% | 22.0% | 23.7% | 29.0% | 28.2% | 27.1% | 26.0% | 28.7% | 28.9% |
| — | -17.4% | -14.9% | -14.5% | -13.2% | -18.9% | -9.0% | +1.1% | -2.2% | +14.8% | +22.9% | +58.8% | +142.0% | |
| Operating Margin | 6.2% | -1.8% | -0.7% | 4.8% | 4.3% | 3.3% | 4.6% | 11.9% | 10.0% | 9.3% | 7.8% | 10.3% | -38.8% |
| — | -155.3% | -115.1% | -60.1% | -57.0% | -64.6% | -41.2% | +15.9% | +125.9% | +124.8% | +120.2% | +701.2% | -194.0% | |
| Net Margin | 2.6% | -3.7% | -2.0% | 2.5% | -2.9% | 3.2% | 0.9% | 8.3% | 6.0% | 5.9% | 4.7% | 7.4% | 4.0% |
| — | -217.7% | -318.5% | -69.3% | -147.3% | -46.7% | -80.3% | +11.7% | +51.0% | +212.3% | +254.7% | +218.6% | +116.7% |
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 6.0% | -1.9% | -1.0% | 1.3% | -1.4% | 1.7% | 0.5% | 5.3% | 4.0% | 4.3% | 3.4% | 7.3% | 5.2% |
| — | -206.3% | -285.0% | -74.3% | -135.9% | -59.5% | -84.4% | -27.8% | -23.2% | +164.5% | +212.4% | +170.5% | +117.9% | |
| ROA | 1.7% | -0.5% | -0.3% | 0.4% | -0.4% | 0.5% | 0.1% | 1.4% | 1.1% | 1.1% | 0.8% | 1.3% | 0.7% |
| — | -208.9% | -295.7% | -72.8% | -139.8% | -54.6% | -81.0% | +14.4% | +53.7% | +218.2% | +264.3% | +220.7% | +117.7% | |
| ROIC | 5.8% | -0.4% | -0.1% | 1.1% | 0.9% | 0.8% | 1.1% | 3.1% | 2.5% | 2.5% | 1.8% | 2.5% | -10.2% |
| — | -149.1% | -112.9% | -65.3% | -64.8% | -69.5% | -37.4% | +20.8% | +124.9% | +138.8% | +116.5% | +652.3% | -198.0% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
iQIYI, Inc.'s Debt/EBITDA ratio is 8.1x, up from 7.7x last quarter — elevated, raising questions about debt serviceability.
| Metric | TTM | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 | Q4 '22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.06 | 1.11 | 1.07 | 1.10 | 1.06 | 1.03 | 1.27 | 1.23 | 1.25 | 1.36 | 1.40 | 2.23 | 3.44 |
| — | +7.6% | -15.9% | -10.3% | -15.4% | -24.3% | -9.3% | -45.0% | -63.5% | -63.3% | -52.6% | -16.2% | +11.2% | |
| Debt / EBITDA | 7.81 | 8.14 | 7.66 | 6.61 | 49.46 | 6.42 | 7.43 | 16.57 | 5.75 | 5.46 | 5.61 | 8.11 | 48.51 |
| — | +26.7% | +3.0% | -60.1% | +760.2% | +17.7% | +32.5% | +104.3% | -88.1% | -19.6% | -13.6% | +21.5% | +365.6% | |
| Current Ratio | 0.44 | 0.44 | 0.42 | 0.46 | 0.44 | 0.45 | 0.53 | 0.60 | 0.57 | 0.51 | 0.58 | 0.73 | 0.49 |
| — | -1.4% | -21.0% | -23.8% | -21.6% | -13.1% | -9.0% | -18.0% | +15.4% | +37.8% | +57.8% | +35.8% | -4.4% | |
| Quick Ratio | 0.44 | 0.44 | 0.42 | 0.46 | 0.44 | 0.45 | 0.53 | 0.60 | 0.54 | 0.51 | 0.58 | 0.73 | 0.49 |
| — | -1.4% | -21.0% | -23.8% | -17.9% | -13.0% | -9.0% | -18.0% | +10.3% | +38.0% | +59.2% | +36.6% | -3.9% | |
| Interest Coverage | 1.71 | -0.55 | -0.20 | 1.46 | 1.21 | 0.93 | 1.19 | 3.35 | 2.72 | 2.65 | 2.19 | 3.00 | -16.74 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 35 years · Updated daily
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Start ComparisoniQIYI, Inc.'s current P/E is 15.7x. The average P/E over the last 1 quarters is 3.0x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
iQIYI, Inc.'s current operating margin is 6.2%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking iQIYI, Inc.'s business trajectory between earnings reports.