iQIYI (IQ) Operating Expenses (2017 - 2026)

iQIYI's quarterly Operating Expenses came in at -$931.8 million in Q1 2026, up 1.04% year-on-year from -$922.2 million in Q1 2025, and up 1.93% quarter-over-quarter from -$950.1 million in Q4 2025.

iQIYI has reported Operating Expenses for 2 years, with the latest figure at -$931.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 1.04% year-over-year to -$931.8 million; the trailing twelve-month figure through Mar 2026 stood at -$2.8 billion (down 199.87% YoY), and the FY2025 full-year result was $3.9 billion, up 3.04% from the prior year.
  • Operating Expenses for Q1 2026 stood at -$931.8 million, up from -$950.1 million in the prior quarter.
  • The five-year high for Operating Expenses was -$931.8 million in Q1 2026, with the low at -$950.1 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Netflix 362.63 Bn 350.34 Bn 11.41 Bn 1.56 Bn
2 Walt Disney 181.67 Bn 188.27 Bn 23.68 Bn 21.38 Bn
3 Warner Bros. Discovery 67.91 Bn 65.77 Bn 4.25 Bn 11.36 Bn
4 Live Nation Entertainment 39.56 Bn 31.10 Bn 1.31 Bn 1.06 Bn
5 Fox 26.01 Bn 22.51 Bn - 2.49 Bn
6 Liberty Media 21.20 Bn 21.87 Bn 298.00 Mn 647.00 Mn
7 Roku 19.03 Bn 16.65 Bn 564.94 Mn 513.16 Mn
8 News 16.98 Bn 15.50 Bn - 952.00 Mn
9 TKO Group Holdings 16.11 Bn 14.42 Bn 862.52 Mn 1.26 Bn
10 iQIYI 663.47 Mn 45.21 Mn 143.26 Mn -931.80 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -931.80 Mn
Dec 31, 2025 -950.12 Mn
Sep 30, 2025 -950.67 Mn
Jun 30, 2025 -922.76 Mn
Mar 31, 2025 -941.58 Mn
Dec 31, 2024 -880.95 Mn
Sep 30, 2024 -977.65 Mn
Jun 30, 2024 -980.31 Mn
Mar 31, 2024 -976.49 Mn
Dec 31, 2023 -962.87 Mn
Sep 30, 2023 -1.00 Bn
Jun 30, 2023 -1.03 Bn
Mar 31, 2023 -1.09 Bn
Dec 31, 2022 -957.42 Mn
Sep 30, 2022 -1.05 Bn
Jun 30, 2022 -990.37 Mn
Mar 31, 2022 -1.13 Bn
Dec 31, 2021 -1.31 Bn
Sep 30, 2021 -1.38 Bn
Jun 30, 2021 -1.35 Bn
Mar 31, 2021 -1.39 Bn
Dec 31, 2020 -1.32 Bn
Sep 30, 2020 -1.21 Bn
Jun 30, 2020 -1.23 Bn
Mar 31, 2020 -1.42 Bn
Dec 31, 2019 -1.42 Bn
Sep 30, 2019 -1.46 Bn
Jun 30, 2019 -1.32 Bn
Mar 31, 2019 -1.34 Bn
Dec 31, 2018 -1.50 Bn
Sep 30, 2018 -1.40 Bn
Jun 30, 2018 -1.18 Bn
Mar 31, 2018 -933.67 Mn
Dec 31, 2017 -857.51 Mn
Sep 30, 2017 -902.25 Mn
Jun 30, 2017 -775.05 Mn
Mar 31, 2017 -627.79 Mn