iQIYI (IQ) EBITDA Margin (2017 - 2026)
iQIYI (IQ) posted EBITDA Margin of 1.67% for Q2 2026, up 54.59% on a QoQ basis from 3.67% in Q1 2026, and down 97.0% year-over-year from 55.54% in Q2 2025.
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iQIYI (IQ) EBITDA Margin (2017 - 2026) Analysis & Trends
iQIYI has reported EBITDA Margin for 10 years, with the latest figure at 1.67% in Q2 2026.
- On a quarterly basis, EBITDA Margin fell 97.0% year-over-year to 1.67% in Q2 2026; TTM through Jun 2026 was 1.55%, a 451.0% decrease from a year earlier, with the FY2025 full-year figure at 0.83%, down 537.0% from the prior year.
- EBITDA Margin was 1.67% for Q2 2026 at iQIYI, up from 3.67% in the prior quarter.
- The five-year high for EBITDA Margin was 11.92% in Q1 2024, with the low at 3.67% in Q1 2026.
- Average EBITDA Margin over 5 years is 4.27%, with a median of 4.23% recorded in 2022.
- The sharpest annual moves came in 2022 and 2026: EBITDA Margin soared 2352 bps in 2022, then sank 843 bps in 2026.
- Over 5 years, EBITDA Margin stood at 10.32% in 2022, then decreased by 3 bps to 10.04% in 2023, then sank by 57 bps to 4.32% in 2024, then sank by 81 bps to 0.82% in 2025, then sank by 304 bps to 1.67% in 2026.
- The last three EBITDA Margin figures came in at 1.67% (Q2 2026), 3.67% (Q1 2026), and 0.82% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 321.15 Bn | 312.02 Bn | 6.52 Bn | 33.38% |
| 2 | Spotify Technology | 108.56 Bn | 97.65 Bn | 1.86 Bn | 13.71% |
| 3 | Tencent Music Entertainment | 12.38 Bn | 8.87 Bn | 582.00 Mn | - |
| 4 | Huya | 485.14 Mn | 124.88 Mn | 37.58 Mn | -0.40% |
| 5 | iQIYI | 427.67 Mn | -43.23 Mn | 152.37 Mn | -1.67% |
| 6 | FuboTV | 324.08 Mn | -128.33 Mn | 399.10 Mn | 8.11% |
| 7 | Kaltura | 221.37 Mn | 190.08 Mn | 34.54 Mn | -1.65% |
| 8 | CuriosityStream | 157.45 Mn | 109.05 Mn | 16.93 Mn | 39.49% |
| 9 | Cineverse | 47.34 Mn | 43.02 Mn | 10.66 Mn | -16.75% |
| 10 | LiveOne | 46.60 Mn | 37.94 Mn | 3.94 Mn | -19.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.67% |
| Mar 31, 2026 | -3.67% |
| Dec 31, 2025 | 0.82% |
| Sep 30, 2025 | -1.82% |
| Jun 30, 2025 | -0.70% |
| Mar 31, 2025 | 4.76% |
| Dec 31, 2024 | 4.32% |
| Sep 30, 2024 | 3.30% |
| Jun 30, 2024 | 4.60% |
| Mar 31, 2024 | 11.92% |
| Dec 31, 2023 | 10.04% |
| Sep 30, 2023 | 9.32% |
| Jun 30, 2023 | 7.82% |
| Mar 31, 2023 | 10.28% |
| Dec 31, 2022 | 10.32% |
| Sep 30, 2022 | 4.14% |
| Jun 30, 2022 | 1.89% |
| Mar 31, 2022 | 1.28% |
| Dec 31, 2021 | -13.20% |
| Sep 30, 2021 | -18.03% |