iQIYI (IQ) Gross Margin (2017 - 2025)
iQIYI has reported Gross Margin over the past 9 years, most recently at 20.87% for Q4 2025.
- For Q4 2025, Gross Margin fell 361.0% year-over-year to 20.87%; the TTM value through Dec 2025 reached 21.05%, down 384.0%, while the annual FY2025 figure was 20.77%, 411.0% down from the prior year.
- Gross Margin for Q4 2025 was 20.87% at iQIYI, up from 18.19% in the prior quarter.
- Over five years, Gross Margin peaked at 28.96% in Q1 2024 and troughed at 7.4% in Q3 2021.
- A 5-year average of 21.23% and a median of 22.83% in 2022 define the central range for Gross Margin.
- Biggest five-year swings in Gross Margin: surged 1693bps in 2022 and later crashed -512bps in 2024.
- Year by year, Gross Margin stood at 11.92% in 2021, then skyrocketed by 142bps to 28.85% in 2022, then dropped by -2bps to 28.2% in 2023, then decreased by -13bps to 24.48% in 2024, then dropped by -15bps to 20.87% in 2025.
- Business Quant data shows Gross Margin for IQ at 20.87% in Q4 2025, 18.19% in Q3 2025, and 20.15% in Q2 2025.