Income Statement - iQIYI, Inc. (IQ)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 3,796.55 | 29,225.24 | 31,872.65 | 28,997.55 | 30,554.36 | 29,707.22 | 28,993.66 | 24,989.12 | 17,378.35 | 11,237.41 | 5,318.58 |
| Cost of revenue | 2,996.80 | 21,953.58 | 23,102.49 | 22,319.32 | 27,513.50 | 27,884.40 | 30,348.34 | 27,132.81 | 17,386.56 | 11,436.60 | 6,041.76 |
| Gross profit | 799.75 | 7,271.66 | 8,770.16 | 6,678.23 | 3,040.86 | 1,822.82 | -1,354.68 | -2,143.70 | -8.21 | -199.19 | -723.18 |
| Total operating expenses | 5,519.64 | 5,460.45 | 5,780.68 | 5,365.81 | 7,520.07 | 7,863.33 | 7,903.15 | 6,162.54 | 3,944.80 | 2,590.31 | 1,704.42 |
| Operating income | 229.32 | 1,811.20 | 2,989.48 | 1,312.42 | -4,479.21 | -6,040.51 | -9,257.84 | -8,306.24 | -3,953.01 | -2,789.49 | -2,427.60 |
| Non-operating income (net) | -288.82 | -959.52 | -956.88 | -1,346.20 | -1,532.78 | -943.37 | -967.05 | -676.19 | 208.51 | -271.44 | -136.35 |
| Income before tax | -59.50 | 851.68 | 2,032.60 | -33.78 | -6,011.99 | -6,983.88 | -10,224.89 | -8,982.43 | -3,744.50 | -3,060.93 | -2,563.95 |
| Income tax expense | 144.54 | 61.09 | 80.05 | 84.00 | 96.55 | 23.28 | 51.85 | 78.80 | -7.57 | 13.09 | 11.17 |
| Net income | -28.70 | 764.06 | 1,925.47 | -136.21 | -6,189.92 | -7,007.15 | -10,276.74 | -9,109.78 | -3,736.93 | -3,074.02 | -2,575.11 |
Show Quarterly Income Statement
Income Statement - iQIYI, Inc. (IQ)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 899.12 | 958.22 | 933.62 | 916.35 | 987.60 | 6,613.42 | 7,245.68 | 7,438.79 | 7,927.36 | 7,706.47 | 8,015.08 | 7,802.30 | 8,348.81 | 7,592.86 | 7,471.08 | 6,656.55 | 7,277.06 | 7,388.56 | 7,589.10 | 7,608.27 | 7,968.42 | 7,458.18 | 7,187.69 | 7,411.58 | 7,649.77 | 7,496.62 | 7,396.93 | 7,110.18 | 6,989.92 | 7,027.32 | 6,914.26 | 6,170.23 | 4,877.31 | 4,817.41 | 4,950.58 | 4,326.32 | 3,284.03 | 3,155.12 | 486.05 | 725.96 |
| Cost of revenue | 755.82 | 758.21 | 763.82 | 731.73 | 742.96 | 4,994.17 | 5,649.84 | 5,678.34 | 5,631.24 | 5,533.08 | 5,839.54 | 5,773.87 | 5,956.00 | 5,402.24 | 5,705.26 | 5,247.96 | 5,963.85 | 6,507.55 | 7,027.68 | 6,868.87 | 7,109.39 | 6,784.51 | 6,363.44 | 6,833.59 | 7,902.86 | 7,914.44 | 8,175.75 | 6,980.96 | 7,277.20 | 8,522.76 | 7,655.10 | 6,106.73 | 4,848.22 | 4,535.11 | 4,897.84 | 4,394.98 | 3,558.63 | 3,088.15 | 468.38 | 778.57 |
| Gross profit | 143.31 | 200.00 | 169.80 | 184.61 | 244.63 | 1,619.25 | 1,595.85 | 1,760.44 | 2,296.12 | 2,173.39 | 2,175.54 | 2,028.43 | 2,392.80 | 2,190.62 | 1,765.82 | 1,408.59 | 1,313.21 | 881.00 | 561.42 | 739.41 | 859.03 | 673.67 | 824.25 | 577.99 | -253.10 | -417.81 | -778.82 | 129.22 | -287.28 | -1,495.44 | -740.84 | 63.50 | 29.09 | 282.30 | 52.74 | -68.66 | -274.59 | 66.96 | 0.00 | 0.00 |
| Total operating expenses | 176.30 | 192.19 | 186.82 | 190.99 | 197.65 | 1,333.82 | 1,356.92 | 1,418.35 | 1,351.36 | 1,399.68 | 1,428.79 | 1,418.04 | 1,534.17 | 1,407.06 | 1,456.16 | 1,282.80 | 1,219.79 | 1,856.23 | 1,929.38 | 1,861.22 | 1,873.24 | 1,981.05 | 2,033.87 | 1,859.68 | 1,988.74 | 2,110.79 | 2,052.75 | 2,000.93 | 1,738.68 | 1,829.15 | 1,850.41 | 1,391.42 | 1,091.57 | 1,138.41 | 1,119.37 | 921.99 | 765.03 | 972.39 | 0.00 | 0.00 |
| Operating income | -32.99 | 7.81 | -17.02 | -6.38 | 46.98 | 285.44 | 238.92 | 342.09 | 944.75 | 773.71 | 746.75 | 610.39 | 858.63 | -2,946.01 | 309.67 | 236.48 | 93.41 | -975.23 | -1,367.96 | -1,121.81 | -1,014.21 | -1,307.37 | -1,209.61 | -1,281.69 | -2,241.84 | -2,528.61 | -2,831.57 | -1,871.70 | -2,025.96 | -3,324.59 | -2,591.25 | -1,327.91 | -1,062.48 | -856.11 | -1,066.63 | -990.66 | -1,039.62 | -729.33 | 0.00 | 0.00 |
| Non-operating income (net) | -4.04 | -3.83 | -11.89 | -8.56 | -15.76 | -466.19 | 8.39 | -240.44 | -261.29 | -259.80 | -254.24 | -234.60 | -208.24 | 3,239.06 | -662.04 | -401.68 | 97.33 | -753.41 | -330.49 | -226.44 | -222.44 | -241.04 | 67.02 | -140.85 | -628.51 | 75.28 | -826.78 | -426.68 | 211.13 | -34.75 | -539.40 | -768.28 | 666.24 | 233.83 | 15.60 | 38.19 | -79.11 | -213.98 | 0.00 | 0.00 |
| Income before tax | -37.03 | 3.98 | -28.91 | -14.94 | 31.23 | -180.76 | 247.32 | 101.66 | 683.46 | 513.91 | 492.51 | 375.79 | 650.39 | 293.05 | -352.38 | -165.20 | 190.75 | -1,728.64 | -1,698.45 | -1,348.25 | -1,236.65 | -1,548.41 | -1,142.59 | -1,422.53 | -2,870.34 | -2,453.32 | -3,658.35 | -2,298.38 | -1,814.83 | -3,359.34 | -3,130.66 | -2,096.19 | -396.24 | -622.28 | -1,051.03 | -952.47 | -1,118.73 | -943.30 | 0.00 | 0.00 |
| Income tax expense | 5.37 | 5.04 | 5.59 | 3.75 | 5.72 | 6.23 | 11.48 | 25.74 | 17.63 | 38.47 | 9.01 | 7.93 | 24.63 | -11.59 | 42.50 | 36.20 | 16.88 | 36.54 | 8.98 | 30.42 | 20.61 | -16.34 | 18.85 | 15.93 | 4.84 | 22.59 | 16.05 | 5.78 | 7.44 | 79.49 | -6.06 | 4.86 | 0.51 | -9.90 | 0.79 | 0.71 | 0.84 | 4.14 | 0.42 | 0.92 |
| Net income | -42.54 | -0.82 | -34.78 | -18.48 | 25.03 | -189.36 | 229.41 | 68.69 | 655.32 | 466.23 | 475.92 | 365.21 | 618.11 | 304.26 | -394.88 | -201.40 | 169.09 | -1,775.79 | -1,729.56 | -1,397.23 | -1,267.01 | -1,547.61 | -1,174.29 | -1,441.82 | -2,874.64 | -2,493.79 | -3,688.12 | -2,327.45 | -1,813.98 | -3,476.72 | -3,140.43 | -2,096.93 | -395.69 | -612.38 | -1,051.81 | -953.17 | -1,119.57 | -2,820.63 | 0.00 | 0.00 |