iQIYI (IQ) Net Margin (2017 - 2026)
iQIYI's (IQ) quarterly Net Margin came in at 4.73% in Q1 2026, down 727.0% year-on-year from 0.75% in Q1 2025, and down 5427.45% quarter-over-quarter from 0.09% in Q4 2025.
iQIYI (IQ) Net Margin (2017 - 2026) Analysis & Trends
iQIYI's Net Margin history runs 10 years deep, the most recent figure standing at 4.73% for Q1 2026.
- On a quarterly basis, Net Margin fell 727.0% year-over-year to 4.73% in Q1 2026; TTM through Mar 2026 was 2.61%, a 360.0% decrease from a year earlier, with the FY2025 full-year figure at 0.76%, down 337.0% from the prior year.
- Net Margin declined to 4.73% in Q1 2026 per IQ's latest filing, from 0.09% in the prior quarter.
- Across five years, Net Margin topped out at 8.27% in Q1 2024 and bottomed at 5.29% in Q3 2022.
- The 5-year median for Net Margin is 0.92% (2024), against an average of 1.19%.
- Across the five-year window, Net Margin soared 2815 bps in 2022 and slumped 891 bps in 2024, its largest moves.
- Year by year, Net Margin stood at 4.01% in 2022, then jumped by 51 bps to 6.05% in 2023, then plunged by 147 bps to 2.86% in 2024, then soared by 97 bps to 0.09% in 2025, then slumped by 5427 bps to 4.73% in 2026.
- Per Business Quant, the three latest IQ Net Margin figures stand at 4.73% (Q1 2026), 0.09% (Q4 2025), and 3.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 286.85 Bn | 277.73 Bn | 6.52 Bn | 27.08% |
| 2 | Walt Disney | 176.45 Bn | 177.38 Bn | 10.75 Bn | 9.79% |
| 3 | Warner Bros. Discovery | 71.03 Bn | 68.89 Bn | 4.25 Bn | -32.68% |
| 4 | Live Nation Entertainment | 40.94 Bn | 32.48 Bn | 1.31 Bn | -11.35% |
| 5 | Liberty Media | 29.72 Bn | 29.06 Bn | 298.00 Mn | 7.45% |
| 6 | Roku | 20.90 Bn | 18.52 Bn | 564.94 Mn | 6.86% |
| 7 | TKO Group Holdings | 20.86 Bn | 19.17 Bn | 862.52 Mn | 15.54% |
| 8 | Fox | 20.85 Bn | 17.36 Bn | - | 4.16% |
| 9 | News | 16.48 Bn | 15.01 Bn | - | - |
| 10 | iQIYI | 8.18 Bn | 7.63 Bn | 143.26 Mn | -4.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.73% |
| Dec 31, 2025 | -0.09% |
| Sep 30, 2025 | -3.73% |
| Jun 30, 2025 | -2.02% |
| Mar 31, 2025 | 2.53% |
| Dec 31, 2024 | -2.86% |
| Sep 30, 2024 | 0.00% |
| Jun 30, 2024 | 0.92% |
| Mar 31, 2024 | 8.27% |
| Dec 31, 2023 | 6.05% |
| Sep 30, 2023 | 5.94% |
| Jun 30, 2023 | 4.68% |
| Mar 31, 2023 | 7.40% |
| Dec 31, 2022 | 4.01% |
| Sep 30, 2022 | -5.29% |
| Jun 30, 2022 | -3.21% |
| Mar 31, 2022 | 2.32% |
| Dec 31, 2021 | -24.14% |
| Sep 30, 2021 | -22.85% |
| Jun 30, 2021 | -18.42% |