iQIYI (IQ) Cost of Revenue (2017 - 2026)

iQIYI's Cost of Revenue history runs 10 years deep, the most recent figure standing at $755.6 million for Q1 2026.

• On a quarterly basis, Cost of Revenue rose 1.59% year-over-year to $755.6 million in Q1 2026; TTM through Mar 2026 was $3.0 billion, a 0.06% change from a year earlier, with the FY2025 full-year figure at $3.1 billion, up 2.42% from the prior year.
• Cost of Revenue was little changed at $755.6 million in Q1 2026 per IQ's latest filing, from $758.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $939.7 million in Q1 2022 and bottomed at $2.5 million in Q3 2024.
• The 5-year median for Cost of Revenue is $768.5 million (2023), against an average of $742.5 million.
• Across the five-year window, Cost of Revenue tumbled 99.69% in 2024 and jumped 30307.58% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $759.6 million in 2022, then grew by 1.17% to $768.5 million in 2023, then retreated by 9.53% to $695.3 million in 2024, then increased by 9.02% to $758.0 million in 2025, then retreated by 0.32% to $755.6 million in 2026.
• Per Business Quant, the three latest IQ Cost of Revenue figures stand at $755.6 million (Q1 2026), $758.0 million (Q4 2025), and $763.8 million (Q3 2025).