Financials in USD. Standardized financial statements.
A compact view of how iQIYI, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $3.80B | $29.23B | $31.87B | $29.00B | $30.55B | $29.71B | $28.99B | $24.99B | $17.38B | $11.24B |
| Revenue Growth? | -87.0% | -8.3% | +9.9% | -5.1% | +2.9% | +2.5% | +16.0% | +43.8% | +54.6% | 0.0% |
| Cost of Revenue? | $3.00B | $21.95B | $23.10B | $22.32B | $27.51B | $27.88B | $30.35B | $27.13B | $17.39B | $11.44B |
| Gross Profit? | $799.75M | $7.27B | $8.77B | $6.68B | $3.04B | $1.82B | -$1.35B | -$2.14B | -$8.21M | -$199.19M |
| Gross Margin? | +21.1% | +24.9% | +27.5% | +23.0% | +10.0% | +6.1% | -4.7% | -8.6% | -0.0% | -1.8% |
| Operating Expenses? | $5.52B | $5.46B | $5.78B | $5.37B | $7.52B | $7.86B | $7.90B | $6.16B | $3.94B | $2.59B |
| Operating Income? | $229.31M | $1.81B | $2.99B | $1.31B | -$4.48B | -$6.04B | -$9.26B | -$8.31B | -$3.95B | -$2.79B |
| EBITDA? | $13.04B | $1.82B | $17.25B | $14.34B | $12.10B | $11.28B | $7.86B | $6.27B | $4.90B | $2.31B |
| Income Before Tax | -$59.50M | $851.68M | $2.03B | -$33.78M | -$6.01B | -$6.98B | -$10.22B | -$8.98B | -$3.74B | -$3.06B |
| Income Tax Expense | $144.54M | $61.09M | $80.05M | $84.00M | $96.55M | $23.28M | $51.85M | $78.80M | -$7.57M | $13.09M |
| Net Income? | -$28.70M | $764.06M | $1.93B | -$136.21M | -$6.19B | -$7.01B | -$10.28B | -$9.11B | -$3.74B | -$3.07B |
| EPS? | $-0.21 | $0.77 | $2.03 | $-0.16 | $-7.77 | $-9.52 | $-14.14 | $-17.02 | $1.31 | $-11.45 |
| Diluted EPS? | $-0.21 | $0.77 | $1.96 | $-0.16 | $-7.77 | $-9.52 | $-14.14 | $-17.02 | $1.31 | $-11.45 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality