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iQIYI (IQ) Operating Expenses (2017 - 2025)

iQIYI has reported Operating Expenses over the past 9 years, most recently at -$950.1 million for Q4 2025.

  • For Q4 2025, Operating Expenses fell 7.85% year-over-year to -$950.1 million; the TTM value through Dec 2025 reached -$3.8 billion, up 1.32%, while the annual FY2025 figure was $3.9 billion, 3.04% up from the prior year.
  • Operating Expenses for Q4 2025 was -$950.1 million at iQIYI, roughly flat from -$950.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$881.0 million in Q4 2024 and troughed at -$1.4 billion in Q1 2021.
  • A 5-year average of -$1.1 billion and a median of -$985.3 million in 2022 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: fell 14.12% in 2021 and later rose 26.81% in 2022.
  • Year by year, Operating Expenses stood at -$1.3 billion in 2021, then increased by 26.81% to -$957.4 million in 2022, then decreased by 0.57% to -$962.9 million in 2023, then grew by 8.51% to -$881.0 million in 2024, then fell by 7.85% to -$950.1 million in 2025.
  • Business Quant data shows Operating Expenses for IQ at -$950.1 million in Q4 2025, -$950.7 million in Q3 2025, and -$922.8 million in Q2 2025.