iQIYI, Inc. (IQ) quarterly income statement — complete revenue, gross profit & net income history
iQIYI, Inc. (IQ) annual income statement — 11-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 6.27B | 6.23B | 6.79B | 6.68B | 6.63B | 7.19B | 6.61B | 7.25B | 7.44B | 7.93B | 7.71B | 8.02B | 7.8B | 8.35B | 7.59B | 7.47B | 6.66B | 7.28B | 7.39B | 7.59B |
| Revenue Growth % | -5.42% | -13.37% | 2.73% | -7.77% | -10.9% | -9.35% | -14.18% | -9.6% | -4.66% | -5.05% | 1.5% | 7.28% | 17.21% | 14.73% | 2.77% | -1.56% | -12.51% | -8.68% | -0.93% | 5.58% |
| Cost of Goods Sold | 5.23B | 5.23B | 5.38B | 5.47B | 5.29B | 5.41B | 4.99B | 5.65B | 5.68B | 5.63B | 5.53B | 5.84B | 5.77B | 5.96B | 5.4B | 5.71B | 5.25B | 5.96B | 6.51B | 7.03B |
| COGS % of Revenue | 83.47% | 84.06% | 79.13% | 81.81% | 79.85% | 75.23% | 75.52% | 77.98% | 76.33% | 71.04% | 71.8% | 72.86% | 74% | 71.34% | 71.15% | 76.36% | 78.84% | 81.95% | 88.08% | 92.6% |
| Gross Profit | 1.04B | 992.29M | 1.42B | 1.22B | 1.34B | 1.78B | 1.62B | 1.6B | 1.76B | 2.3B | 2.17B | 2.18B | 2.03B | 2.39B | 2.19B | 1.77B | 1.41B | 1.31B | 881M | 561.42M |
| Gross Margin % | 16.53% | 15.94% | 20.87% | 18.19% | 20.15% | 24.77% | 24.48% | 22.02% | 23.67% | 28.96% | 28.2% | 27.14% | 26% | 28.66% | 28.85% | 23.64% | 21.16% | 18.05% | 11.92% | 7.4% |
| Gross Profit Growth % | -22.41% | -44.26% | -12.42% | -23.84% | -24.15% | -22.47% | -25.5% | -26.65% | -13.21% | -4.04% | -0.79% | 23.2% | 44% | 82.21% | 148.65% | 214.53% | 90.5% | 52.87% | 30.78% | -31.89% |
| Operating Expenses | 1.14B | 1.22B | 1.36B | 1.34B | 1.38B | 1.44B | 1.33B | 1.36B | 1.42B | 1.35B | 1.4B | 1.43B | 1.42B | 1.53B | 1.41B | 1.46B | 1.28B | 1.22B | 1.86B | 1.93B |
| OpEx % of Revenue | 18.19% | 19.61% | 20.06% | 20.01% | 20.84% | 20.01% | 20.17% | 18.73% | 19.07% | 17.05% | 18.16% | 17.83% | 18.17% | 18.38% | 18.53% | 19.49% | 19.27% | 16.76% | 25.12% | 25.42% |
| Selling, General & Admin | 742.13M | 816.53M | 946.18M | 925.02M | 959.6M | 1.03B | 882.46M | 907.88M | 969.67M | 922.03M | 947.81M | 981.41M | 979M | 1.11B | 940.9M | 980.29M | 800.6M | 744.78M | 1.09B | 1.25B |
| SG&A % of Revenue | 11.84% | 13.12% | 13.93% | 13.84% | 14.48% | 14.27% | 13.34% | 12.53% | 13.04% | 11.63% | 12.3% | 12.24% | 12.55% | 13.25% | 12.39% | 13.12% | 12.03% | 10.23% | 14.79% | 16.42% |
| Research & Development | 396.9M | 404.19M | 416.54M | 412.14M | 421.92M | 412.49M | 451.36M | 449.04M | 448.68M | 429.33M | 451.87M | 447.38M | 439.04M | 428.32M | 466.16M | 475.86M | 482.2M | 475.01M | 763.14M | 683.05M |
| R&D % of Revenue | 6.33% | 6.49% | 6.13% | 6.17% | 6.37% | 5.74% | 6.82% | 6.2% | 6.03% | 5.42% | 5.86% | 5.58% | 5.63% | 5.13% | 6.14% | 6.37% | 7.24% | 6.53% | 10.33% | 9% |
| Other Operating Expenses | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1000K |
| Operating Income | -104.46M | -228.43M | 55.4M | -121.81M | -46.17M | 341.9M | 285.44M | 238.92M | 342.09M | 944.75M | 773.71M | 746.75M | 610.39M | 858.63M | -2.95B | 309.67M | 236.48M | 93.41M | -975.23M | -1.37B |
| Operating Margin % | -1.67% | -3.67% | 0.82% | -1.82% | -0.7% | 4.76% | 4.32% | 3.3% | 4.6% | 11.92% | 10.04% | 9.32% | 7.82% | 10.28% | -38.8% | 4.14% | 3.55% | 1.28% | -13.2% | -18.03% |
| Operating Income Growth % | -126.27% | -166.81% | -80.59% | -150.98% | -113.5% | -63.81% | -63.11% | -68.01% | -43.96% | 10.03% | 126.26% | 141.15% | 158.11% | 819.18% | -202.08% | 122.64% | 121.08% | 109.21% | 25.41% | -13.09% |
| EBITDA | -104.46M | -42.44M | 126.48M | 13.75M | 127.2M | 460.65M | 3.18B | 503.75M | 389.82M | 946.29M | 2.66B | 2.82B | 2.68B | 2.93B | 450.04M | 2.97B | 2.9B | 2.75B | 1.69B | 1.7B |
| EBITDA Margin % | -1.67% | -0.68% | 1.86% | 0.21% | 1.92% | 6.41% | 48.13% | 6.95% | 5.24% | 11.94% | 34.51% | 35.19% | 34.4% | 35.12% | 5.93% | 39.77% | 43.53% | 37.85% | 22.82% | 22.35% |
| EBITDA Growth % | -182.12% | -109.21% | -96.03% | -97.27% | -67.37% | -51.32% | 19.7% | -82.14% | -85.48% | -67.73% | 490.9% | -5.06% | -7.37% | 6.46% | -73.31% | 75.17% | 49.2% | 34.39% | -39.16% | -41.32% |
| D&A (Non-Cash Add-back) | 0 | 0 | 71.09M | 0 | 0 | 0 | 2.9B | 0 | 0 | 1.53M | 1.89B | 2.07B | 2.07B | 2.07B | 3.4B | 2.66B | 2.66B | 2.66B | 2.66B | 3.06B |
| EBIT | -104.46M | -42.44M | 248.52M | 13.75M | 127.2M | 460.65M | 54.53M | 503.75M | 389.82M | 965.6M | 798.21M | 774.04M | 654.31M | 936.35M | 469.07M | -170.73M | 16.71M | 366.26M | -1.4B | -1.35B |
| Net Interest Income | -114.06M | -133.49M | -135.78M | -137.32M | -147.49M | -154.67M | -159.94M | -187.4M | -219.47M | -223.4M | -229.2M | -236.31M | -226.32M | -180.98M | -149.73M | -163.01M | -166.2M | -166.57M | -299.71M | -315.31M |
| Interest Income | 72.81M | 80.46M | 84.5M | 83.33M | 87.78M | 78.76M | 75.35M | 69.04M | 68.69M | 58.74M | 55.1M | 45.22M | 52.2M | 104.99M | 26.29M | 18.63M | 15.71M | 8.95M | 24.84M | 35.98M |
| Interest Expense | 186.87M | 213.95M | 220.28M | 220.64M | 235.27M | 233.43M | 235.29M | 256.44M | 288.16M | 282.13M | 284.3M | 281.53M | 278.52M | 285.96M | 176.02M | 181.64M | 181.91M | 175.51M | 324.54M | 351.29M |
| Other Income/Expense | -5.48M | -27.95M | -27.16M | -85.09M | -61.9M | -114.68M | -466.19M | 8.39M | -240.44M | -261.29M | -259.8M | -254.24M | -234.6M | -208.24M | -490.5M | -662.04M | -290.99M | 97.33M | -753.41M | -330.49M |
| Pretax Income | -109.94M | -256.39M | 28.24M | -206.9M | -108.06M | 227.22M | -180.75M | 247.31M | 101.66M | 683.46M | 513.91M | 492.51M | 375.79M | 650.39M | 293.05M | -352.38M | -165.2M | 190.75M | -1.73B | -1.7B |
| Pretax Margin % | -1.75% | -4.12% | 0.42% | -3.1% | -1.63% | 3.16% | -2.73% | 3.41% | 1.37% | 8.62% | 6.67% | 6.14% | 4.82% | 7.79% | 3.86% | -4.72% | -2.48% | 2.62% | -23.4% | -22.38% |
| Income Tax | 219.16M | 37.16M | 35.76M | 40.04M | 27.16M | 41.59M | 6.23M | 11.48M | 25.74M | 17.63M | 38.47M | 9.01M | 7.93M | 24.63M | -11.59M | 42.5M | 36.2M | 16.88M | 36.54M | 8.98M |
| Effective Tax Rate % | -199.35% | -14.49% | 126.62% | -19.35% | -25.13% | 18.3% | -3.45% | 4.64% | 25.32% | 2.58% | 7.49% | 1.83% | 2.11% | 3.79% | -3.95% | -12.06% | -21.92% | 8.85% | -2.11% | -0.53% |
| Net Income | -286.69M | -294.58M | -5.82M | -248.93M | -133.71M | 182.15M | -189.35M | 229.41M | 68.69M | 655.32M | 466.23M | 475.92M | 365.21M | 618.11M | 304.26M | -394.88M | -201.4M | 169.09M | -1.78B | -1.73B |
| Net Margin % | -4.57% | -4.73% | -0.09% | -3.73% | -2.02% | 2.53% | -2.86% | 3.17% | 0.92% | 8.27% | 6.05% | 5.94% | 4.68% | 7.4% | 4.01% | -5.29% | -3.03% | 2.32% | -24.03% | -22.79% |
| Net Income Growth % | -114.42% | -261.73% | 96.93% | -208.51% | -294.67% | -72.21% | -140.61% | -51.8% | -81.19% | 6.02% | 53.24% | 220.52% | 281.33% | 265.54% | 117.13% | 77.17% | 85.59% | 113.35% | -14.74% | -47.29% |
| Net Income (Continuing) | -329.1M | -293.55M | -7.52M | -246.94M | -135.22M | 185.63M | -186.99M | 235.83M | 75.92M | 665.83M | 475.44M | 483.5M | 367.86M | 625.76M | 304.64M | -394.88M | -201.4M | 173.86M | -1.77B | -1.71B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -90.48M | -46.15M | -7.6M | -6.31M | -9.41M | -7.49M | 8.34M | 69.31M | 63.54M | 56.22M | 98.4M | 89.83M | 82.22M | 82.48M | 92.81M | 94.56M | 92.59M | 68.09M | 485.51M | 80.81M |
| EPS (Diluted) | -0.30 | -0.30 | -0.01 | -0.28 | -0.14 | 0.19 | -0.21 | 0.21 | 0.07 | 0.68 | 0.49 | 0.49 | 0.35 | 0.63 | 0.35 | -0.49 | -0.28 | 0.21 | -2.24 | -2.17 |
| EPS Growth % | -114.29% | -257.89% | 97% | -233.33% | -300% | -72.06% | -142.86% | -57.14% | -80% | 7.94% | 40% | 200% | 225% | 200% | 115.63% | 77.42% | 84.09% | 113.04% | -8.21% | -34.78% |
| EPS (Basic) | -0.30 | -0.30 | -0.01 | -0.28 | -0.14 | 0.19 | -0.21 | 0.21 | 0.07 | 0.68 | 0.49 | 0.50 | 0.38 | 0.66 | 0.35 | -0.46 | -0.25 | 0.21 | -2.23 | -2.17 |
| Diluted Shares Outstanding | 959.24M | 965.21M | 964.75M | 963.95M | 963.37M | 968.61M | 962.69M | 968.48M | 979.7M | 969.72M | 976.39M | 978.69M | 978.86M | 965M | 871.42M | 868.85M | 867.8M | 820.4M | 799.33M | 798.63M |
| Basic Shares Outstanding | 959.24M | 965.21M | 964.75M | 963.95M | 963.37M | 962.97M | 962.69M | 962.47M | 960.85M | 959.67M | 959.13M | 971.27M | 1.04B | 981.13M | 869.15M | 807.29M | 764.27M | 815.18M | 797.76M | 798.63M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3.27% | - | - | - | - | - |