iQIYI (IQ) Operating Margin (2017 - 2025)

iQIYI has reported Operating Margin over the past 9 years, most recently at 0.82% for Q4 2025.

  • For Q4 2025, Operating Margin fell 350.0% year-over-year to 0.82%; the TTM value through Dec 2025 reached 0.83%, down 538.0%, while the annual FY2025 figure was 0.84%, 536.0% down from the prior year.
  • Operating Margin for Q4 2025 was 0.82% at iQIYI, up from 1.82% in the prior quarter.
  • Over five years, Operating Margin peaked at 11.92% in Q1 2024 and troughed at 18.03% in Q3 2021.
  • A 5-year average of 1.18% and a median of 3.72% in 2022 define the central range for Operating Margin.
  • Biggest five-year swings in Operating Margin: surged 2352bps in 2022 and later plummeted -716bps in 2025.
  • Year by year, Operating Margin stood at 13.2% in 2021, then soared by 178bps to 10.32% in 2022, then fell by -3bps to 10.04% in 2023, then plummeted by -57bps to 4.32% in 2024, then tumbled by -81bps to 0.82% in 2025.
  • Business Quant data shows Operating Margin for IQ at 0.82% in Q4 2025, 1.82% in Q3 2025, and 0.7% in Q2 2025.