iQIYI, Inc. IQ
Last close
—
Market cap
—
52-week range
— - —
No price or market cap here: this company files no 10-K, so the only share count SEC publishes for it counts its ordinary shares in its home market, while its US listing is a depositary receipt standing for some number of them. That number is in no filing, so a price multiplied by that count is not this company's value and is not shown. The financial statements below are as filed.
Valuation FY2025 figures against the last close
P/S—
P/E—
P/FCF—
EV/EBITDA—
Dividend yield—
Diluted EPS—
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.90B | $4.00B | $4.49B | $4.20B | $4.79B | $4.55B | $4.16B | $3.63B | — | — |
| Cost of revenue | $3.08B | $3.01B | $3.25B | $3.24B | $4.32B | $4.27B | $4.36B | $3.95B | — | — |
| Gross profit | $822.1M | $996.2M | $1.24B | $968.3M | $477.2M | $279.4M | -$194.6M | -$311.8M | — | — |
| R&D | $237.8M | $243.6M | $248.8M | $275.4M | $438.6M | $410.0M | $383.1M | $290.1M | — | — |
| SG&A | $551.5M | $504.4M | $565.4M | $502.6M | $741.5M | $795.1M | $752.1M | $606.2M | — | — |
| Total operating expenses | $3.87B | $3.76B | $4.07B | $4.01B | $5.50B | $5.48B | $5.49B | $4.84B | — | — |
| Operating income | $32.8M | $248.1M | $421.1M | $190.3M | -$702.9M | -$925.7M | -$1.33B | -$1.21B | — | — |
| Interest expense | $130.1M | $145.5M | $159.2M | $103.7M | $211.8M | $163.4M | $131.3M | $13.8M | — | — |
| Pre-tax income | -$8.5M | $116.7M | $286.3M | -$4.9M | -$943.4M | -$1.07B | -$1.47B | -$1.31B | — | — |
| Income tax | $20.7M | $8.4M | $11.3M | $12.2M | $15.2M | $3.6M | $7.4M | $11.5M | — | — |
| Net income | -$29.5M | $104.7M | $271.2M | -$19.7M | -$968.1M | -$1.08B | -$1.48B | -$1.32B | — | — |
| Shares, diluted (wtd. avg.) | — | — | — | — | — | — | — | — | 3.24B | 342.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $622.7M | $483.6M | $624.6M | $1.03B | $470.3M | $1.67B | $852.5M | $667.1M | — | — |
| Short-term investments | $45.0M | $129.0M | $132.6M | $118.6M | $211.6M | $514.7M | $657.8M | $881.7M | — | — |
| Receivables | $360.7M | $300.2M | $305.5M | $348.4M | $431.2M | $512.6M | $521.1M | $420.2M | — | — |
| Total current assets | $1.47B | $1.31B | $1.78B | $2.00B | $1.81B | $3.42B | $2.91B | $2.89B | — | — |
| Property, plant and equipment | $129.2M | $120.3M | $121.7M | $160.2M | $211.0M | $213.6M | $252.0M | $235.3M | — | — |
| Goodwill | $546.4M | $523.5M | $523.5M | $538.9M | $610.2M | $595.9M | $558.5M | $565.5M | — | — |
| Other intangibles | $31.0M | $39.7M | $43.6M | $63.3M | $85.6M | $96.1M | $116.9M | $244.1M | — | — |
| Total assets | $6.68B | $6.27B | $6.28B | $6.68B | $6.66B | $7.38B | $6.43B | $6.51B | — | — |
| Accounts payable | — | — | — | — | — | — | — | $1.48B | — | — |
| Short-term debt | $105.6M | $23.0M | $503.1M | $485.4M | $646.2M | $454.6M | $376.1M | $443.1M | — | — |
| Total current liabilities | $3.16B | $2.94B | $3.15B | $4.08B | $3.53B | $3.81B | $2.90B | $2.88B | — | — |
| Total liabilities | $4.77B | $4.44B | $4.56B | $5.76B | $5.77B | $5.94B | $5.04B | $3.87B | — | — |
| Retained earnings | -$6.29B | -$6.00B | -$6.28B | -$6.74B | -$7.40B | -$6.28B | -$4.86B | -$3.42B | — | — |
| Total equity | $1.90B | $1.83B | $1.72B | $919.7M | $827.9M | $1.43B | $1.38B | $2.64B | — | — |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $15.1M | $289.1M | $472.1M | -$10.2M | -$934.0M | -$829.3M | $561.1M | $419.5M | — | — |
| Depreciation and amortisation | $19.8M | $20.3M | $38.8M | $48.9M | $62.8M | $73.6M | $68.4M | $45.4M | — | — |
| Stock-based compensation | $57.7M | $74.6M | $89.7M | $117.6M | $191.3M | $210.0M | $155.8M | $80.9M | — | — |
| Capital expenditure | $13.7M | $10.9M | $5.2M | $25.3M | $41.0M | $36.9M | $106.3M | $89.0M | — | — |
| Investing cash flow | -$46.8M | -$334.9M | -$245.0M | $38.6M | $198.1M | $24.4M | -$1.69B | -$3.05B | — | — |
| Financing cash flow | $152.2M | -$187.7M | -$603.5M | $647.9M | -$464.4M | $1.44B | $1.13B | $3.41B | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-107079.
Plot the figures US dollars
Income statement
Revenue
Cost of revenue
Gross profit
R&D
SG&A
Total operating expenses
Operating income
Interest expense
Pre-tax income
Income tax
Net income
EPS, basic
EPS, diluted
Shares, diluted (wtd. avg.)
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | $3.63B | $4.16B | $4.55B | $4.79B | $4.20B | $4.49B | $4.00B | $3.90B |
| Gross profit | — | — | -$311.8M | -$194.6M | $279.4M | $477.2M | $968.3M | $1.24B | $996.2M | $822.1M |
| Net income | — | — | -$1.32B | -$1.48B | -$1.08B | -$968.1M | -$19.7M | $271.2M | $104.7M | -$29.5M |
Others in SIC 7841
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NFLX | NETFLIX INC | $274.20B | 26.0x | 15.9% |
| CNVS | Cineverse Corp. | $35.9M | — | -15.9% |