iQIYI (IQ) Operating Margin (2017 - 2026)
iQIYI (IQ) posted Operating Margin of -1.67% for the quarter ended Jun 30, 2026, down 0.97 percentage points from -0.70% a year earlier but up 2.00 percentage points from the prior quarter.
iQIYI (IQ) Operating Margin (2017 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at iQIYI was -1.55%, down 4.51 percentage points year-over-year; for the year ended Dec 31, 2025, it came in at 0.84%, down 5.36 percentage points from the prior year.
- Annual Operating Margin shows a five-year change of +21.17 percentage points (years ended Dec 2020 to Dec 2025).
- In prior years, iQIYI's Operating Margin was 6.20% in the year ended Dec 31, 2024 (-3.18 pp), 9.38% in the year ended Dec 31, 2023 (+4.85 pp), 4.53% in the year ended Dec 31, 2022 (+19.19 pp) and -14.66% in the year ended Dec 31, 2021 (+5.67 pp).
- Quarterly Operating Margin has run from a low of -18.03% in the quarter ended Sep 30, 2021 to a high of 11.92% in the quarter ended Mar 31, 2024 over five years.
- On a year-over-year basis, Operating Margin has declined in each of the last nine quarters, with an average year-over-year change of -5.28 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Operating Margin in the past five years was the quarter ended Dec 31, 2022, with a gain of 23.52 percentage points; the weakest was the quarter ended Mar 31, 2026, with a drop of 8.43 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was -3.67% (quarter ended Mar 31, 2026), 0.82% (quarter ended Dec 31, 2025) and -1.82% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 34.03% |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 30.88% |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 33.38% |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 5.64% |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 13.62% |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 13.32% |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 34.00% |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 24.71% |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 77.68% |
| 10 | iQIYI | 993.86 Mn | -1.37 Bn | 152.37 Mn | -1.67% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.67% |
| Mar 31, 2026 | -3.67% |
| Dec 31, 2025 | 0.82% |
| Sep 30, 2025 | -1.82% |
| Jun 30, 2025 | -0.70% |
| Mar 31, 2025 | 4.76% |
| Dec 31, 2024 | 4.32% |
| Sep 30, 2024 | 3.30% |
| Jun 30, 2024 | 4.60% |
| Mar 31, 2024 | 11.92% |
| Dec 31, 2023 | 10.04% |
| Sep 30, 2023 | 9.32% |
| Jun 30, 2023 | 7.82% |
| Mar 31, 2023 | 10.28% |
| Dec 31, 2022 | 10.32% |
| Sep 30, 2022 | 4.14% |
| Jun 30, 2022 | 1.89% |
| Mar 31, 2022 | 1.28% |
| Dec 31, 2021 | -13.20% |
| Sep 30, 2021 | -18.03% |
iQIYI Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=IQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "IQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=IQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();