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.

• On a quarterly basis, Operating Expenses rose 1.04% year-over-year to -$931.8 million in Q1 2026; TTM through Mar 2026 was -$3.8 billion, a 0.67% increase from a year earlier, with the FY2025 full-year figure at $3.9 billion, up 3.04% from the prior year.
• Operating Expenses grew to -$931.8 million in Q1 2026 per IQ's latest filing, from -$950.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at -$881.0 million in Q4 2024 and bottomed at -$1.1 billion in Q1 2022.
• The 5-year median for Operating Expenses is -$976.5 million (2024), against an average of -$984.0 million.
• Across the five-year window, Operating Expenses advanced 26.81% in 2022 and retreated 7.85% in 2025, its largest moves.
• Year by year, Operating Expenses 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.
• Per Business Quant, the three latest IQ Operating Expenses figures stand at -$931.8 million (Q1 2026), -$950.1 million (Q4 2025), and -$950.7 million (Q3 2025).