iQIYI (IQ) Gross Profit (2017 - 2026)

On a TTM basis, iQIYI's Gross Profit came in at $665.38 million as of Jun 30, 2026, down 24.2% year-over-year; for the year ended Dec 31, 2025, it came in at $810.56 million, down 19.9% from the prior year.

• Annual Gross Profit has declined for four straight years, with a five-year compound annual growth rate of -16.7% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Gross Profit came in at $1.01 billion in the year ended Dec 31, 2024 (-18.5%), $1.24 billion in the year ended Dec 31, 2023 (-24.2%), $1.64 billion in the year ended Dec 31, 2022 (-24.7%) and $2.17 billion in the year ended Dec 31, 2021 (+7.2%).
• Quarterly Gross Profit has ranged from $86.79 million in the quarter ended Sep 30, 2021 to $349.76 million in the quarter ended Mar 31, 2023 over the past five years.
• On a year-over-year basis, Gross Profit has declined for 11 consecutive quarters, with an average decline of 24.1% over the last eight quarters.
• Peak year-over-year performance for Gross Profit in the last five years was growth of 197.5% in the quarter ended Sep 30, 2022, against a decline of 41.5% in the quarter ended Mar 31, 2026 at the low end.
• Per Business Quant, the preceding three quarters came in at $143.26 million (quarter ended Mar 31, 2026), $199.94 million (quarter ended Dec 31, 2025) and $169.81 million (quarter ended Sep 30, 2025).