← iQIYI, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $11.2b |
$17.4b
+54.65%
|
$3.6b
-79.09%
|
$4.2b
+14.59%
|
$4.6b
+9.32%
|
$4.8b
+5.31%
|
$4.2b
-12.31%
|
$31.9b
+658.11%
|
$29.2b
-8.31%
|
$27.3b
-6.62%
|
$26.3b
-3.52%
|
|
| Cost of Revenue | ($11.4b) |
$14.1b
+223.44%
|
$3.0b
-79.09%
|
$3.4b
+14.59%
|
$4.3b
+26.31%
|
$4.3b
+1.03%
|
$3.2b
-25.05%
|
$3.3b
+0.55%
|
$3.0b
-7.57%
|
$3.1b
+2.42%
|
$21.4b
+593.70%
|
|
| Cost of revenues | ($11.4b) |
($17.4b)
-52.03%
|
($27.1b)
-56.06%
|
($30.3b)
-11.85%
|
($27.9b)
+8.12%
|
($27.5b)
+1.33%
|
($22.3b)
+18.88%
|
($23.1b)
-3.51%
|
($22.0b)
+4.97%
|
($21.5b)
+1.87%
|
$21.4b
+199.20%
|
|
| Net Interest Income | — | — | — | — | — | — | ($645.5m) |
($872.8m)
-35.21%
|
($790.2m)
+9.47%
|
($575.3m)
+27.20%
|
($554.1m)
+3.68%
|
|
| Gross Profit | ($199.2m) |
($8.2m)
+95.88%
|
($311.8m)
-3696.27%
|
($194.6m)
+37.59%
|
$279.4m
+243.56%
|
$477.2m
+70.81%
|
$6.7b
+1299.53%
|
$8.8b
+31.32%
|
$7.3b
-17.09%
|
$5.7b
-20.94%
|
$5.0b
-13.70%
|
|
| Gross Profit (Calculated) | ($199.2m) |
($8.2m)
+95.88%
|
($311.8m)
-3696.27%
|
($194.6m)
+37.59%
|
$279.4m
+243.56%
|
$477.2m
+70.81%
|
$968.3m
+102.91%
|
$1.2b
+27.58%
|
$996.2m
-19.35%
|
$822.1m
-17.48%
|
— | |
| Research and development | ($824.5m) | ($1.3b) | ($2.0b) | ($2.7b) | ($2.7b) | ($2.8b) | ($1.9b) | ($1.8b) | ($1.8b) | ($1.7b) | $1.7b | |
| Research and Development Expense | — | $1.3b | $290.1m | $383.1m | $410.0m | $438.6m | $275.4m | $248.8m | $243.6m | $237.8m | $1.7b | |
| Selling, general and administrative | ($1.8b) | ($2.7b) | ($4.2b) | ($5.2b) | ($5.2b) | ($4.7b) | ($3.5b) | ($4.0b) | ($3.7b) | ($3.9b) | $3.6b | |
| Selling, General and Administrative Expense | — | $2.7b | $606.2m | $752.1m | $795.1m | $741.5m | $502.6m | $565.4m | $504.4m | $551.5m | $3.6b | |
| Amortization of Intangible Assets | — | $112.9m | $50.4m | $68.9m | — | — | — | — | — | — | — | |
| Total operating costs and expenses | ($14.0b) | ($21.3b) | ($33.3b) | ($38.3b) | ($35.7b) | ($35.0b) | ($27.7b) | ($28.9b) | ($27.4b) | ($27.1b) | — | |
| Other Non Operating Income Expenses | $60.7m | $2.5m | $192.3m | ($109.5m) | $146.7m | $89.9m | ($319.4m) | $72.6m | ($89.9m) | $44.6m | — | |
| Operating Income (Loss) | ($2.8b) |
($4.0b)
-41.71%
|
($1.2b)
+69.44%
|
($1.3b)
-10.07%
|
($925.7m)
+30.38%
|
($702.9m)
+24.07%
|
$190.3m
+127.07%
|
$421.1m
+121.28%
|
$248.1m
-41.07%
|
$32.8m
-86.78%
|
($341.0m)
-1139.93%
|
|
| Interest Expense | — | $277.6m | $13.8m | $131.3m | $163.4m | $211.8m | $103.7m | $159.2m | $1.1b | $909.6m | $890.1m | |
| Interest Expense, Debt | — | — | — | — | — | — | $68.1m | $131.9m | $116.4m | $99.7m | $890.1m | |
| Interest expenses | — | — | ($94.7m) | ($914.4m) | ($1.1b) | ($1.3b) | ($715.1m) | ($1.1b) | ($1.1b) | ($909.6m) | $890.1m | |
| Investment Income, Interest | — | $83.1m | $31.1m | $57.8m | $24.1m | $18.6m | $10.1m | $36.3m | $37.2m | $47.8m | — | |
| Interest income | $17.0m | $83.1m | $214.0m | $402.1m | $157.5m | $118.6m | $69.6m | $257.5m | $271.8m | $334.4m | $336.1m | |
| Net Non Operating Interest Income Expense | — | — | — | — | — | — | ($645.5m) | ($872.8m) | ($790.2m) | ($575.3m) | ($554.1m) | |
| Equity Securities, FV-NI, Realized Gain (Loss) | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $2.9m | $1.4m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | $400.7m | ($141.2m) | ($27.3m) | $6.6m | $8.6m | ($24.3m) | ($14.8m) | ($13.3m) | $35.2m | — | |
| Gain On Sale Of Security | ($238.6m) | $400.7m | ($970.8m) | ($190.2m) | $43.3m | $54.6m | ($167.9m) | ($105.4m) | ($97.2m) | $246.2m | $293.4m | |
| Income (Loss) from Equity Method Investments | — | ($263k) | ($2.5m) | ($22.3m) | ($34.4m) | ($70.0m) | ($30.9m) | ($7.2m) | $2.4m | ($626k) | — | |
| Share of gains/(losses) from equity method investments | ($100k) | ($263k) | ($17.0m) | ($155.1m) | ($224.5m) | ($446.3m) | ($213.4m) | ($51.2m) | $17.8m | ($4.4m) | — | |
| Other Nonoperating Income (Expense) | — | $2.5m | $28.0m | ($15.7m) | $22.5m | $14.1m | ($46.3m) | $10.2m | ($12.3m) | $6.4m | — | |
| Nonoperating Income (Expense) | — | $208.5m | ($98.3m) | ($138.9m) | ($144.6m) | ($240.5m) | ($195.2m) | ($134.8m) | ($131.5m) | ($41.3m) | — | |
| Interest Expense (non-operating) | — | — | — | — | — | — | $715.1m | $1.1b | $145.5m | $130.1m | $890.1m | |
| Other Income Expense | — | — | — | — | — | — | ($700.7m) | ($84.1m) | ($169.3m) | $286.4m | $352.0m | |
| Total other expenses, net | ($271.4m) | $208.5m | ($676.2m) | ($967.0m) | ($943.4m) | ($1.5b) | ($1.3b) | ($956.9m) | ($959.5m) | ($288.8m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | ($3.8b) | ($1.2b) | ($1.3b) | ($897.1m) | ($625.7m) | $68.3m | $337.9m | $177.7m | ($2.3m) | ($543.1m) | |
| Income/(loss) before income taxes | ($3.1b) | ($3.7b) | ($9.0b) | ($10.2b) | ($7.0b) | ($6.0b) | ($33.8m) | $2.0b | $851.7m | ($59.5m) | — | |
| Pre-Tax Income | ($3.1b) | ($3.7b) | ($9.0b) | ($10.2b) | ($7.0b) | ($6.0b) | ($33.8m) | $2.0b | $851.7m | ($59.5m) | ($543.1m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | ($3.7b) | ($1.3b) | ($1.5b) | ($1.1b) | ($943.4m) | ($4.9m) | $286.3m | $116.7m | ($8.5m) | ($543.1m) | |
| Current Income Tax Expense (Benefit) | — | $4.6m | $18.0m | $18.6m | $10.0m | $12.2m | $7.8m | $11.4m | $11.7m | $20.3m | $140.1m | |
| Income tax expense | ($13.1m) | $7.6m | ($78.8m) | ($51.9m) | ($23.3m) | ($96.5m) | ($84.0m) | ($80.0m) | ($61.1m) | ($144.5m) | $140.1m | |
| Income Tax Expense (Benefit) | — | ($7.6m) | $11.5m | $7.4m | $3.6m | $15.2m | $12.2m | $11.3m | $8.4m | $20.7m | $140.1m | |
| Net Income From Continuing And Discontinued Operation | — | — | — | — | — | — | ($136.2m) | $1.9b | $764.1m | ($206.3m) | ($683.0m) | |
| Net Income Continuous Operations | — | — | — | — | — | — | ($117.8m) | $2.0b | $790.6m | ($204.0m) | ($683.2m) | |
| Net Income (Loss) Attributable to Parent | ($3.1b) |
($3.7b)
-21.56%
|
($1.3b)
+64.54%
|
($1.5b)
-11.92%
|
($1.1b)
+27.26%
|
($968.1m)
+10.25%
|
($19.7m)
+97.96%
|
$271.2m
+1473.22%
|
$104.7m
-61.40%
|
($29.5m)
-128.18%
|
($683.0m)
-2215.22%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($3.1b) |
$972.9m
+131.65%
|
($1.4b)
-240.65%
|
($1.5b)
-8.38%
|
($1.1b)
+27.19%
|
($971.3m)
+10.04%
|
($19.7m)
+97.97%
|
$271.2m
+1473.22%
|
$104.7m
-61.40%
|
($29.5m)
-128.18%
|
($683.0m)
-2215.22%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | — | $0 | $7.1m | $6.7m | $4.8m | $9.6m | $2.7m | $3.8m | $3.6m | $324k | ($683.0m) | |
| Less: Net income attributable to noncontrolling interests | $0 | $0 | $48.5m | $46.6m | $31.2m | $61.1m | $18.4m | $27.1m | $26.5m | $2.3m | — | |
| Otherunder Preferred Stock Dividend | — | — | — | — | — | $20.3m | $0 | $0 | — | — | — | |
| Earnings Per Share, Basic | ($23.20) | $0.30 | ($7.29) | ($6.06) | ($4.08) | ($3.33) | ($0.06) | $0.87 | $0.33 | ($0.09) | ($0.70) | |
| Earnings Per Share, Diluted | ($23.20) | ($1.15) | ($7.29) | ($6.06) | ($4.08) | ($3.33) | ($0.06) | $0.84 | $0.33 | ($0.09) | ($0.70) | |
| Basic | $342,548,237.00 | $342,548,237.00 | $7,735,863,572.00 | $10,209,764,800.00 | $10,352,360,114.00 | $11,141,473,412.00 | $11,976,042,850.00 | $13,351,045,618.00 | $13,459,949,642.00 | $13,492,710,884.00 | ($0.70) | |
| Diluted | $342,548,237.00 | $3,243,147,261.00 | $7,735,863,572.00 | $10,209,764,800.00 | $10,352,360,114.00 | $11,141,473,412.00 | $11,976,042,850.00 | $16,688,353,410.00 | $16,640,097,576.00 | $16,533,808,162.00 | ($683,037,000.00) | |
| Basic Average Shares | — | — | — | — | — | — | $855.4m | $953.6m | $961.4m | $963.8m | $964.3m | |
| Diluted Average Shares | — | — | — | — | — | — | $855.4m | $974.8m | $971.4m | $963.8m | $964.3m | |
| Additional Financial Items | ||||||||||||
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | $24.3m | $11.2m | $26.4m | $66.5m | $39.5m | $20.1m | $5.4m | — | |
| Goodwill, Impairment Loss | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | |
| Foreign exchange gain/(loss), net | ($238.6m) | $400.7m | ($970.8m) | ($190.2m) | $43.3m | $54.6m | ($167.9m) | ($105.4m) | ($97.2m) | $246.2m | — | |
| Others, net | $60.7m | $2.5m | $192.3m | ($109.5m) | $146.7m | $89.9m | ($319.4m) | $72.6m | ($89.9m) | $44.6m | — | |
| Foreign currency translation adjustments | $195.3m | ($264.8m) | $1.8b | $229.0m | $433.5m | $168.1m | ($844.7m) | ($164.0m) | ($133.9m) | ($96.4m) | — | |
| Unrealized losses on available-for-sale debt securities | $3.0m | ($1.5m) | ($689k) | ($297k) | ($98k) | ($2.9m) | ($21.1m) | ($11.4m) | ($2.5m) | ($150.1m) | — | |
| Comprehensive income/(loss) | ($2.9b) | ($4.0b) | ($7.3b) | ($10.0b) | ($6.6b) | ($5.9b) | ($983.6m) | $1.8b | $654.2m | ($450.5m) | — | |
| Less: Comprehensive income attributable to noncontrolling interests | $0 | $0 | $48.6m | $48.5m | $28.6m | $60.0m | $23.1m | $27.1m | $27.6m | $775k | — | |
| Comprehensive income/(loss) attributable to iQIYI, Inc. | ($2.9b) | ($4.0b) | ($7.3b) | ($10.1b) | ($6.6b) | ($6.0b) | ($1.0b) | $1.8b | $626.5m | ($451.3m) | — | |
| Diluted EPS | — | — | — | — | — | — | ($0.14) | $1.96 | $0.77 | ($0.21) | ($0.70) | |
| Diluted NI Availto Com Stockholders | — | — | — | — | — | — | ($136.2m) | $1.9b | $764.1m | ($206.3m) | ($683.0m) | |
| Earnings From Equity Interest | ($100k) | ($263k) | ($17.0m) | ($155.1m) | ($224.5m) | ($446.3m) | ($213.4m) | ($51.2m) | $17.8m | ($4.4m) | ($2.2m) | |
| Minority Interests | — | — | — | — | — | — | ($18.4m) | ($27.1m) | ($26.5m) | ($2.3m) | $184k | |
| Normalized EBITDA | — | — | — | — | — | — | $14.5b | $17.4b | $15.6b | $13.9b | $347.0m | |
| Normalized Income | — | — | — | — | — | — | ($10.3m) | $2.0b | $854.3m | ($391.0m) | ($859.1m) | |
| Reconciled Depreciation | — | — | — | — | — | — | $13.7b | $14.1b | $13.6b | $13.3b | $13.3b | |
| Selling General And Administration | — | — | — | — | — | — | $3.5b | $4.0b | $3.7b | $3.9b | — | |
| Tax Effect Of Unusual Items | — | — | — | — | — | — | ($42.0m) | ($4.2m) | ($7.0m) | $61.6m | $117.4m | |
| Tax Provision | — | — | — | — | — | — | $84.0m | $80.0m | $61.1m | $144.5m | $140.1m | |
| Tax Rate For Calcs | — | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Costs and Expenses | — | $21.3b | $4.8b | $5.5b | $5.5b | $5.5b | $4.0b | $4.1b | $3.8b | $3.9b | — | |
| Operating Expense | — | — | — | — | — | — | $5.4b | $5.8b | $5.5b | $5.5b | $5.3b | |
| Total other comprehensive loss, net of tax | $198.2m | ($266.2m) | $1.8b | $228.7m | $433.4m | $165.2m | ($865.8m) | ($175.3m) | ($136.4m) | ($246.5m) | — | |
| Total Unusual Items | ($238.6m) | $400.7m | ($970.8m) | ($190.2m) | $43.3m | $54.6m | ($167.9m) | ($105.4m) | ($97.2m) | $246.2m | $293.4m | |
| Total Expenses | — | — | — | — | — | — | $27.7b | $28.9b | $27.4b | $27.1b | $26.7b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.