iQIYI Inc ADR's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), iQIYI Inc ADR reported revenue of $27.3B (-6.6% year on year) and net income of ($206.3M) (-127.0% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Revenues | $27.3B | $29.2B | $31.9B | $29.0B |
| Cost of revenues | ($21.5B) | ($22.0B) | ($23.1B) | ($22.3B) |
| Selling, general and administrative | ($3.9B) | ($3.7B) | ($4.0B) | ($3.5B) |
| Research and development | ($1.7B) | ($1.8B) | ($1.8B) | ($1.9B) |
| Total operating costs and expenses | ($27.1B) | ($27.4B) | ($28.9B) | ($27.7B) |
| Operating income | $229.3M | $1.8B | $3.0B | $1.3B |
| Interest income | $334.4M | $271.8M | $257.5M | $69.6M |
| Interest expenses | ($909.6M) | ($1.1B) | ($1.1B) | ($715.1M) |
| Foreign exchange gain/(loss), net | $246.2M | ($97.2M) | ($105.4M) | ($167.9M) |
| Share of gains/(losses) from equity method investments | ($4.4M) | $17.8M | ($51.2M) | ($213.4M) |
| Others, net | $44.6M | ($89.9M) | $72.6M | ($319.4M) |
| Total other expenses, net | ($288.8M) | ($959.5M) | ($956.9M) | ($1.3B) |
| Income/(loss) before income taxes | ($59.5M) | $851.7M | $2.0B | ($33.8M) |
| Income tax expense | ($144.5M) | ($61.1M) | ($80.0M) | ($84.0M) |
| Net income/(loss) | ($204.0M) | $790.6M | $2.0B | ($117.8M) |
| Less: Net income attributable to noncontrolling interests | $2.3M | $26.5M | $27.1M | $18.4M |
| Net income/(loss) attributable to iQIYI, Inc. | ($206.3M) | $764.1M | $1.9B | ($136.2M) |
| Net income/(loss) attributable to ordinary shareholders | ($206.3M) | $764.1M | $1.9B | ($136.2M) |
| Basic | -$0.03 | $0.11 | $0.29 | -$0.02 |
| Diluted | -$0.03 | $0.11 | $0.28 | -$0.02 |
| Basic | 6.7B | 6.7B | 6.7B | 6.0B |
| Diluted | 6.7B | 6.8B | 6.8B | 6.0B |
| Foreign currency translation adjustments | ($96.4M) | ($133.9M) | ($164.0M) | ($844.7M) |
| Unrealized losses on available-for-sale debt securities | ($150.1M) | ($2.5M) | ($11.4M) | ($21.1M) |
| Total other comprehensive loss, net of tax | ($246.5M) | ($136.4M) | ($175.3M) | ($865.8M) |
| Comprehensive income/(loss) | ($450.5M) | $654.2M | $1.8B | ($983.6M) |
| Less: Comprehensive income attributable to noncontrolling interests | $775.0K | $27.6M | $27.1M | $23.1M |
| Comprehensive income/(loss) attributable to iQIYI, Inc. | ($451.3M) | $626.5M | $1.8B | ($1.0B) |
| Line item | Sep 30, 2024 · YTD | Sep 30, 2022 · YTD | Sep 30, 2020 · YTD |
|---|---|---|---|
| Total revenues | $22.6B | $21.4B | $22.2B |
| Cost of revenues | ($17.0B) | ($16.9B) | ($21.1B) |
| Selling, general and administrative | ($2.8B) | ($2.5B) | ($3.9B) |
| Research and development | ($1.3B) | ($1.4B) | ($2.0B) |
| Total operating costs and expenses | ($21.1B) | ($20.9B) | ($27.0B) |
| Operating income | $1.5B | $528.9M | ($4.7B) |
| Interest income | $196.5M | $43.3M | $135.1M |
| Interest expenses | ($826.7M) | ($539.1M) | — |
| Foreign exchange (loss)/gain, net | $213.1M | ($186.9M) | $14.3M |
| Share of (losses)/gains from equity method investments | $16.0M | ($166.7M) | ($183.8M) |
| Others, net | ($92.3M) | ($6.4M) | $129.0M |
| Total other expenses, net | ($493.3M) | ($855.7M) | ($702.3M) |
| Income before income taxes | $1.0B | ($326.8M) | ($5.4B) |
| Income tax expense | ($54.9M) | ($95.6M) | ($39.6M) |
| Net income | $977.6M | ($422.4M) | ($5.5B) |
| Less: Net income attributable to noncontrolling interests | $24.2M | $18.1M | $15.7M |
| Net income attributable to iQIYI, Inc. | $953.4M | ($440.5M) | ($5.5B) |
| Net income attributable to iQIYI, Inc.'s ordinary shareholders | $953.4M | ($440.5M) | ($5.5B) |
| Basic | $0.14 | -$0.07 | -$1.07 |
| Diluted | $0.14 | -$0.07 | -$1.07 |
| Basic | 6.7B | 6.0B | 5.2B |
| Diluted | 6.8B | 6.0B | 5.2B |
| Foreign currency translation adjustments | ($248.3M) | ($1.2B) | $166.8M |
| Unrealized gains/(losses) on available-for-sale debt securities | ($50.9M) | ($16.7M) | ($315.0K) |
| Total other comprehensive income (loss), net of tax | ($299.3M) | ($1.2B) | $166.5M |
| Comprehensive income | $678.3M | ($1.7B) | ($5.3B) |
| Less: Comprehensive income attributable to noncontrolling interests | $23.9M | $24.8M | $14.6M |
| Comprehensive income attributable to iQIYI, Inc. | $654.4M | ($1.7B) | ($5.3B) |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $4.4B | $3.5B | $4.4B | $7.1B |
| Restricted cash | $23.1M | $0 | $6.1M | $13.6M |
| Short-term investments | $314.8M | $941.6M | $941.7M | $818.3M |
| Accounts receivable, net of allowance of RMB90,626 and RMB107,191 (US$15,328) as of December 31, 2024 and 2025, respectively | $2.5B | $2.2B | $2.2B | $2.4B |
| Prepayments and other assets | $2.4B | $2.2B | $2.8B | $2.6B |
| Interest receivable from related parties | $221.7M | $283.1M | $1.7B | — |
| Licensed copyrights, net | $447.5M | $388.7M | $582.5M | $746.1M |
| Total current assets | $10.3B | $9.5B | $12.6B | $13.8B |
| Fixed assets, net | $903.4M | $878.0M | $863.8M | $1.1B |
| Long-term investments | $1.8B | $2.1B | $2.3B | $2.5B |
| Deferred tax assets, net | $20.8M | $23.5M | — | $0 |
| Licensed copyrights, net | $6.0B | $6.9B | $7.0B | $6.8B |
| Intangible assets, net | $217.1M | $289.9M | $309.5M | $436.7M |
| Produced content, net | $14.6B | $14.7B | $13.4B | $13.0B |
| Prepayments and other assets | $8.5B | $2.9B | $3.5B | $3.9B |
| Operating lease assets | $489.7M | $609.8M | $683.9M | $674.0M |
| Goodwill | $3.8B | $3.8B | $3.8B | $3.8B |
| Amounts due from related parties | $167.0M | $4.0B | $158.6M | $104.2M |
| Total non-current assets | $36.4B | $36.2B | $32.0B | $32.3B |
| Total assets | $46.7B | $45.8B | $44.6B | $46.0B |
| Accounts and notes payable | $6.7B | $6.5B | $5.7B | $6.0B |
| Customer advances and deferred revenue | $4.2B | $4.4B | $4.4B | $4.2B |
| Short-term loans | $2.5B | $3.8B | $3.6B | $3.3B |
| Long-term loans, current portion | $738.4M | $168.0M | — | — |
| Convertible senior notes, current portion | $1.5B | $242.5M | $2.8B | $8.3B |
| Operating lease liabilities, current portion | $84.2M | $96.7M | $100.9M | $103.5M |
| Accrued expenses | $1.9B | $1.9B | $1.9B | $1.8B |
| Other liabilities | $4.5B | $4.4B | $3.9B | $786.6M |
| Total current liabilities | $22.1B | $21.5B | $22.3B | $28.1B |
| Long-term loans | $3.4B | $1.0B | $98.0M | — |
| Convertible senior notes | $6.7B | $8.4B | $8.1B | $9.6B |
| Deferred tax liabilities | $0 | $0 | $824.0K | $1.8M |
| Operating lease liabilities | $340.3M | $462.0M | $523.7M | $508.6M |
| Other non-current liabilities | $884.4M | $1.1B | $1.3B | $1.4B |
| Total non-current liabilities | $11.3B | $10.9B | $10.1B | $11.6B |
| Total liabilities | $33.4B | $32.4B | $32.4B | $39.7B |
| Ordinary shares, value | 432.0K | 431.0K | 430.0K | 387.0K |
| Additional paid-in capital | $56.0B | $55.6B | $55.0B | $50.9B |
| Accumulated deficit | ($44.0B) | ($43.8B) | ($44.6B) | ($46.5B) |
| Accumulated other comprehensive income | $1.3B | $1.6B | $1.7B | $1.9B |
| Noncontrolling interests | ($7.6M) | $8.3M | $98.4M | $92.8M |
| Total shareholders’ equity | $13.3B | $13.4B | $12.2B | $6.3B |
| Total liabilities and shareholders' equity | $46.7B | $45.8B | $44.6B | $46.0B |
| Line item | Sep 30, 2024 | Sep 30, 2022 | Sep 30, 2020 |
|---|---|---|---|
| Cash and cash equivalents | $3.2B | $3.6B | $3.2B |
| Restricted cash | $0 | $16.4M | $655.7M |
| Short-term investments | $936.3M | $1.5B | $3.6B |
| Accounts receivable, net of allowance of RMB147,495 and RMB106,333 (US$15,152) as of December 31, 2023 and September 30, 2024, respectively | $2.2B | $2.7B | $3.3B |
| Prepayments and other assets | $2.3B | $2.2B | $3.5B |
| Amounts due from related parties | $345.4M | $70.4M | $169.8M |
| Licensed copyrights, net | $522.5M | $818.2M | $1.2B |
| Total current assets | $9.6B | $10.8B | $15.6B |
| Fixed assets, net | $839.9M | $1.2B | $1.5B |
| Long-term investments | $2.1B | $2.8B | $3.7B |
| Licensed copyrights, net | $6.9B | $7.1B | $6.1B |
| Intangible assets, net | $310.0M | $459.6M | $661.7M |
| Produced content, net | $14.3B | $12.7B | $5.5B |
| Prepayments and other assets | $3.5B | $3.0B | $2.7B |
| Operating lease assets | $621.1M | $704.0M | $1.0B |
| Goodwill | $3.8B | $3.9B | $3.9B |
| Amounts due from related parties, non-current | $2.9B | — | — |
| Total non-current assets | $35.3B | $32.0B | $25.3B |
| Total assets | $44.8B | $42.9B | $40.9B |
| Accounts and notes payable | $6.5B | $6.9B | $7.5B |
| Customer advances and deferred revenue | $4.3B | $4.0B | $3.1B |
| Short-term loans | $4.3B | $3.9B | $3.8B |
| Long-term loans, current portion | $36.8M | — | $733.4M |
| Convertible senior notes, current portion | $16.7M | $8.5B | — |
| Operating lease liabilities, current portion | $93.4M | $110.7M | $197.7M |
| Accrued expenses | $1.9B | $1.7B | $2.2B |
| Other liabilities | $4.3B | $736.9M | $1.3B |
| Total current liabilities | $21.5B | $29.1B | $20.5B |
| Long-term loans | $497.0M | — | $628.3M |
| Convertible senior notes | $8.2B | $6.4B | $12.3B |
| Deferred tax liabilities | $34.0K | $2.7M | $13.7M |
| Operating lease liabilities | $464.8M | $527.6M | $757.9M |
| Other non-current liabilities | $950.6M | $1.3B | $207.1M |
| Total non-current liabilities | $10.1B | $8.3B | $14.9B |
| Total liabilities | $31.6B | $37.4B | $35.4B |
| Ordinary shares, value | 431.0K | 386.0K | 329.0K |
| Additional paid-in capital | $55.4B | $50.7B | $42.5B |
| Accumulated deficit | ($43.6B) | ($46.8B) | ($39.4B) |
| Accumulated other comprehensive income | $1.4B | $1.5B | $2.3B |
| Noncontrolling interests | $69.3M | $94.6M | $55.4M |
| Total shareholders’ equity | $13.3B | $5.5B | $5.4B |
| Total liabilities and shareholders' equity | $44.8B | $42.9B | $40.9B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income/ (loss) | ($204.0M) | $790.6M | $2.0B | ($117.8M) |
| Depreciation of fixed assets | $138.3M | $147.9M | $275.2M | $337.4M |
| Amortization of intangible assets | $75.6M | $95.6M | $179.4M | $177.0M |
| Amortization of licensed copyrights | $6.1B | $7.5B | $7.1B | $7.8B |
| Amortization and impairment of produced content | $6.9B | $5.9B | $6.5B | $5.4B |
| Provision/(reversal) of credit losses | $22.3M | ($13.3M) | $30.2M | ($25.9M) |
| Unrealized foreign exchange loss/(gain) | ($245.9M) | $35.3M | $28.0M | $107.6M |
| Gain on disposal of fixed assets | ($6.0M) | ($19.5M) | ($16.4M) | ($34.9M) |
| Loss/(gain) on disposal of subsidiaries or business | $0 | $22.3M | ($89.6M) | ($367.7M) |
| Accretion on convertible senior notes and others | $260.7M | $311.2M | $332.0M | $146.1M |
| Barter transaction revenue | ($449.8M) | ($901.6M) | ($417.6M) | ($876.1M) |
| Share-based compensation | $403.4M | $544.4M | $636.7M | $811.4M |
| Share of losses/(gains) from equity method investments | $4.4M | ($17.8M) | $51.2M | $213.4M |
| Fair value change and impairment of long-term investments | $71.9M | $176.2M | $340.0M | $823.8M |
| Deferred income tax expense/(benefit) | $2.8M | ($24.4M) | ($1.0M) | $30.1M |
| Other non-cash expense/(income) | $35.3M | ($59.3M) | ($227.4M) | ($23.2M) |
| Accounts receivable | ($350.3M) | $7.0M | $193.3M | $312.8M |
| Amounts due from related parties | $26.8M | ($14.5M) | ($280.0M) | ($49.4M) |
| Licensed copyrights | ($4.9B) | ($6.5B) | ($6.4B) | ($6.1B) |
| Produced content | ($6.8B) | ($7.2B) | ($6.9B) | ($7.4B) |
| Prepayments and other assets | ($1.4B) | $699.3M | ($34.9M) | $222.4M |
| Accounts payable | $322.2M | $704.0M | ($288.1M) | $2.9B |
| Amounts due to related parties | $460.2M | $256.6M | $37.8M | $204.8M |
| Customer advances and deferred revenue | ($243.2M) | $30.5M | $141.1M | $750.8M |
| Accrued expenses and other liabilities | $4.5M | $76.2M | $173.6M | ($615.5M) |
| Other non-current liabilities | ($189.1M) | ($370.0M) | ($17.9M) | $1.0B |
| Net cash provided by operating activities | $105.8M | $2.1B | $3.4B | ($70.6M) |
| Acquisition of fixed assets | ($95.8M) | ($79.3M) | ($37.0M) | ($174.3M) |
| Acquisition of intangible assets | ($28.8M) | ($93.7M) | ($67.9M) | ($95.5M) |
| Purchase of long-term investments | ($2.0M) | ($37.8M) | ($178.5M) | ($78.3M) |
| Proceeds from disposal of long-term investments | $99.4M | $61.0M | $109.8M | $20.1M |
| Film investments made as passive investor | ($5.1M) | ($14.4M) | ($17.6M) | ($59.6M) |
| Proceeds from film investments as passive investor | $16.1M | $13.5M | $20.7M | $30.2M |
| Loans provided to related parties | ($812.6M) | ($2.3B) | ($1.5B) | $0 |
| Purchases of held-to-maturity debt securities | ($67.4M) | ($510.0M) | $0 | ($727.9M) |
| Maturities of held-to-maturity debt securities | $33.5M | $510.0M | $0 | $769.8M |
| Purchases of available-for-sale debt securities | ($430.0M) | ($438.0M) | ($1.9B) | ($3.7B) |
| Maturities of available-for-sale debt securities | $1.1B | $443.0M | $1.8B | $4.3B |
| Other investing activities | ($111.6M) | $17.1M | $24.8M | $49.2M |
| Net cash used for investing activities | ($327.4M) | ($2.4B) | ($1.7B) | $266.0M |
| Repayments from loans from related parties | $0 | $0 | ($650.0M) | — |
| Proceeds from short-term loans | $2.6B | $5.0B | $4.6B | $4.3B |
| Repayments of short-term loans | ($3.9B) | ($4.7B) | ($4.4B) | ($5.0B) |
| Proceeds from long-term loans | $3.4B | $1.1B | $100.0M | — |
| Repayments of long-term loans | ($547.2M) | ($15.5M) | $0 | $0 |
| Line item | Sep 30, 2024 · YTD | Sep 30, 2022 · YTD | Sep 30, 2020 · YTD |
|---|---|---|---|
| Net income | $977.6M | ($422.4M) | ($5.5B) |
| Depreciation of fixed assets | $110.3M | $258.3M | $362.5M |
| Amortization of intangible assets | $66.8M | $150.7M | — |
| Amortization of licensed copyrights | $5.8B | $5.9B | $9.0B |
| Amortization and impairment of produced content | $4.8B | $4.0B | $3.5B |
| Provision/(reversal) of credit losses | ($9.9M) | $47.0M | — |
| Unrealized foreign exchange loss/(gain) | ($240.1M) | $176.6M | ($21.6M) |
| Gain on disposal of fixed assets | ($14.6M) | ($25.5M) | ($7.1M) |
| (Gain)/loss on disposal of subsidiaries or business | $22.3M | ($429.9M) | — |
| Accretion on convertible senior notes and others | $244.6M | $115.1M | $324.1M |
| Barter transaction revenue | ($898.9M) | ($602.5M) | ($957.7M) |
| Share-based compensation | $425.5M | $622.9M | $1.0B |
| Share of losses/(gains) from equity method investments | ($16.0M) | $166.7M | $183.8M |
| Fair value change and impairment of long-term investments | $166.1M | $543.9M | $35.1M |
| Deferred income tax benefit | ($790.0K) | $30.9M | ($48.1M) |
| Other non-cash income | ($47.2M) | $187.0K | $60.6M |
| Accounts receivable | ($31.9M) | ($1.3M) | $92.9M |
| Amounts due from related parties | ($60.8M) | $29.9M | ($126.9M) |
| Licensed copyrights | ($4.9B) | ($4.8B) | ($7.9B) |
| Produced content | ($5.7B) | ($5.7B) | ($4.7B) |
| Prepayments and other assets | $489.8M | $733.7M | $1.2B |
| Accounts payable | $769.1M | ($2.2B) | ($618.0M) |
| Amounts due to related parties | $327.9M | $16.9M | ($86.4M) |
| Customer advances and deferred revenue | ($52.3M) | $487.4M | ($20.6M) |
| Accrued expenses and other liabilities | ($88.8M) | ($751.9M) | ($330.6M) |
| Other non-current liabilities | ($484.5M) | $905.6M | ($19.4M) |
| Net cash provided by operating activities | $1.6B | ($924.0M) | ($3.9B) |
| Acquisition of fixed assets | ($58.4M) | ($165.5M) | ($214.2M) |
| Acquisition of intangible assets | ($69.1M) | ($67.1M) | ($131.3M) |
| Purchase of long-term investments | ($37.8M) | ($78.3M) | ($770.8M) |
| Proceeds from disposal of long-term investments | $21.1M | $5.5M | $20.0M |
| Film investments made as passive investor | ($8.0M) | ($1.1M) | $0 |
| Proceeds from film investments as passive investor | $10.7M | $30.2M | $1.6M |
| Loans provided to related parties | ($1.4B) | — | — |
| Purchases of available-for-sale debt securities | ($438.0M) | ($3.3B) | ($8.1B) |
| Maturities of available-for-sale debt securities | $443.0M | $3.4B | $8.2B |
| Other investing activities | $12.2M | $37.8M | $7.7M |
| Net cash used for investing activities | ($1.5B) | ($312.9M) | ($122.2M) |
| Repayments of loans from related parties | $0 | — | $0 |
| Proceeds from short-term loans | $4.0B | $3.8B | $3.0B |
| Repayments of short-term loans | ($3.2B) | ($3.9B) | ($1.8B) |
| Proceeds from long-term loans | $445.3M | — | $0 |
| Repayments of long-term loans | ($11.5M) | — | ($302.1M) |
| Proceeds from issuance of convertible senior notes, net of issuance costs | $0 | — | $0 |
| Repayments or redemption of convertible senior notes | ($2.9B) | — | — |
iQIYI Inc ADR score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.