Growth Metrics

iQIYI (IQ) Cost of Revenue (2017 - 2025)

Historic Cost of Revenue for iQIYI (IQ) over the last 9 years, with Q3 2025 value amounting to $763.9 million.

  • iQIYI's Cost of Revenue fell 310.16% to $763.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $2.9 billion, marking a year-over-year decrease of 620.28%. This contributed to the annual value of $3.1 billion for FY2024, which is 653.91% down from last year.
  • As of Q3 2025, iQIYI's Cost of Revenue stood at $763.9 million, which was down 310.16% from $731.8 million recorded in Q2 2025.
  • iQIYI's Cost of Revenue's 5-year high stood at $1.1 billion during Q1 2021, with a 5-year trough of $695.3 million in Q4 2024.
  • Its 5-year average for Cost of Revenue is $850.5 million, with a median of $795.8 million in 2022.
  • In the last 5 years, iQIYI's Cost of Revenue soared by 1816.0% in 2021 and then tumbled by 2537.39% in 2022.
  • iQIYI's Cost of Revenue (Quarter) stood at $1.0 billion in 2021, then decreased by 25.37% to $759.6 million in 2022, then grew by 1.17% to $768.5 million in 2023, then decreased by 9.53% to $695.3 million in 2024, then rose by 9.87% to $763.9 million in 2025.
  • Its Cost of Revenue was $763.9 million in Q3 2025, compared to $731.8 million in Q2 2025 and $743.7 million in Q1 2025.