iQIYI (IQ) Operating Expenses (2017 - 2026)

iQIYI's Operating Expenses history runs 10 years deep, the most recent figure standing at -$931.8 million for Q1 2026.

• In Q1 2026, Operating Expenses rose 1.04% year-over-year to -$931.8 million; the TTM figure through Mar 2026 stood at -$3.8 billion (up 0.67% YoY), while the FY2025 annual figure was $3.9 billion, up 3.04% from the prior year.
• Operating Expenses was -$931.8 million for Q1 2026 at iQIYI, up from -$950.1 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$881.0 million in Q4 2024 to a low of -$1.1 billion in Q1 2022.
• Historically, Operating Expenses has averaged -$984.0 million across 5 years, with a median of -$976.5 million in 2024.
• The sharpest annual moves came in 2022 and 2025: Operating Expenses rose 26.81% in 2022, then declined 7.85% in 2025.
• A 5-year view of Operating Expenses shows it stood at -$957.4 million in 2022, then fell by 0.57% to -$962.9 million in 2023, then advanced by 8.51% to -$881.0 million in 2024, then retreated by 7.85% to -$950.1 million in 2025, then grew by 1.93% to -$931.8 million in 2026.
• The last three Operating Expenses figures came in at -$931.8 million (Q1 2026), -$950.1 million (Q4 2025), and -$950.7 million (Q3 2025), per Business Quant data.