iQIYI, Inc. (IQ) — Financial statements
Income statement, balance sheet, and cash flow for iQIYI, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (CNY Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 26,548↓9.2% | 29,225↓8.3% | 31,873↑9.9% | 28,998↓5.1% | 30,554 | |
| Cost of Revenue | 20,955↓4.5% | 21,954↓5.0% | 23,102↑3.5% | 22,319↓18.9% | 27,513 | |
| Gross Profit | 5,592↓23.1% | 7,272↓17.1% | 8,770↑31.3% | 6,678↑119.6% | 3,041 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,618↓9.0% | 1,778↑0.7% | 1,767↓7.0% | 1,899↓32.0% | 2,795 | |
| General & Administrative Expenses | 0.00↓100.0% | 1,257↓9.0% | 1,381↓16.7% | 1,657↓29.2% | 2,342 | |
| Selling & Marketing Expenses | 0.00↓100.0% | 2,425↓7.9% | 2,633↑45.5% | 1,809↓24.1% | 2,383 | |
| SG&A Expenses | 3,751↑1.9% | 3,682↓8.3% | 4,014↑15.8% | 3,467↓26.6% | 4,725 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 5,369↓1.7% | 5,460↓5.5% | 5,781↑7.7% | 5,366↓28.6% | 7,520 | |
| Total Costs & Expenses | 26,325↓4.0% | 27,414↓5.1% | 28,883↑4.3% | 27,685↓21.0% | 35,034 | |
| Operating Results | ||||||
| Operating Income | 223↓87.7% | 1,811↓39.4% | 2,989↑127.8% | 1,312↑129.3% | -4,479 | |
| Depreciation & Amortization | 0.00↓100.0% | 6↓100.0% | 14,091↑3.2% | 13,655↓18.6% | 16,766 | |
| EBITDA | 223↓87.7% | 1,817↓89.5% | 17,254↑20.4% | 14,336↑18.4% | 12,104 | |
| EBIT | 223↓87.7% | 1,811↓42.7% | 3,163↑364.2% | 681↑114.6% | -4,662 | |
| Interest & Other Income | ||||||
| Net Interest Income | -560↑29.2% | -790↑9.5% | -873↓35.2% | -646↑47.6% | -1,231 | |
| Interest Income | 325↑19.7% | 272↑5.6% | 257↑270.1% | 70↓41.3% | 119 | |
| Interest Expense | 885↓16.7% | 1,062↓6.0% | 1,130↑58.1% | 715↓47.0% | 1,350 | |
| Non-Operating Income | 0.00↑100.0% | -95↑45.1% | -173↓156.9% | -68↓136.8% | 183 | |
| Other Income / Expenses | -281↑70.7% | -960↓0.3% | -957↑28.9% | -1,346↑12.2% | -1,533 | |
| Income Before Tax | -58↓106.8% | 852↓58.1% | 2,033↑6117.9% | -34↑99.4% | -6,012 | |
| Income Tax Expense | 141↑130.2% | 61↓23.7% | 80↓4.7% | 84↓13.0% | 97 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -198↓125.1% | 791↓59.5% | 1,953↑1757.9% | -118↑98.1% | -6,109 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -201↓126.3% | 764↓60.3% | 1,925↑1513.6% | -136↑97.8% | -6,190 | |
| Bottom-Line Net Income | -201↓126.3% | 764↓60.3% | 1,925↑1513.6% | -136↑97.8% | -6,190 | |
| EPS (Basic) | -0.21↓127.3% | 0.77↓62.1% | 2.03↑1368.8% | -0.16↑97.9% | -7.77 | |
| EPS (Diluted) | -0.21↓127.3% | 0.77↓60.7% | 1.96↑1325.0% | -0.16↑97.9% | -7.77 | |
| Weighted Average Shares | 964↓2.9% | 992↑1.0% | 982↑14.8% | 855↑7.5% | 796 | |
| Weighted Average Diluted Shares | 964↓0.8% | 971↓0.4% | 975↑14.0% | 855↑7.5% | 796 | |
* All figures in Millions of CNY, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.