iQIYI (IQ) Research & Development (2017 - 2026)

iQIYI's (IQ) quarterly Research & Development came in at -$58.4 million in Q1 2026, down 2.84% year-on-year from -$60.1 million in Q1 2025, and up 0.64% quarter-over-quarter from -$58.7 million in Q4 2025.

iQIYI (IQ) Research & Development (2017 - 2026) Analysis & Trends

iQIYI's Research & Development history runs 10 years deep, the most recent figure standing at -$58.4 million for Q1 2026.

  • On a quarterly basis, Research & Development fell 2.84% year-over-year to -$58.4 million in Q1 2026; TTM through Mar 2026 was -$233.0 million, a 4.59% increase from a year earlier, with the FY2025 full-year figure at $237.8 million, down 2.39% from the prior year.
  • Research & Development climbed to -$58.4 million in Q1 2026 per IQ's latest filing, from -$58.7 million in the prior quarter.
  • Across five years, Research & Development topped out at -$56.7 million in Q1 2025 and bottomed at -$74.8 million in Q1 2022.
  • The 5-year median for Research & Development is -$62.6 million (2023), against an average of -$63.0 million.
  • Across the five-year window, Research & Development soared 45.09% in 2022 and decreased 2.84% in 2026, its largest moves.
  • Year by year, Research & Development stood at -$65.5 million in 2022, then advanced by 4.25% to -$62.8 million in 2023, then retreated by 0.12% to -$62.8 million in 2024, then rose by 6.54% to -$58.7 million in 2025, then gained by 0.64% to -$58.4 million in 2026.
  • Per Business Quant, the three latest IQ Research & Development figures stand at -$58.4 million (Q1 2026), -$58.7 million (Q4 2025), and -$57.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Netflix 286.85 Bn 277.73 Bn 6.52 Bn 823.84 Mn
2 Walt Disney 176.45 Bn 177.38 Bn 10.75 Bn -
3 Warner Bros. Discovery 71.03 Bn 68.89 Bn 4.25 Bn -
4 Live Nation Entertainment 40.94 Bn 32.48 Bn 1.31 Bn -
5 Liberty Media 29.72 Bn 29.06 Bn 298.00 Mn -
6 Roku 20.90 Bn 18.52 Bn 564.94 Mn 221.22 Mn
7 TKO Group Holdings 20.86 Bn 19.17 Bn 862.52 Mn -
8 Fox 20.85 Bn 17.36 Bn - -
9 News 16.48 Bn 15.01 Bn - -
10 iQIYI 8.18 Bn 7.63 Bn 143.26 Mn -58.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -58.35 Mn
Dec 31, 2025 -58.73 Mn
Sep 30, 2025 -57.58 Mn
Jun 30, 2025 -58.33 Mn
Mar 31, 2025 -56.74 Mn
Dec 31, 2024 -62.84 Mn
Sep 30, 2024 -62.65 Mn
Jun 30, 2024 -61.98 Mn
Mar 31, 2024 -60.04 Mn
Dec 31, 2023 -62.76 Mn
Sep 30, 2023 -61.85 Mn
Jun 30, 2023 -62.68 Mn
Mar 31, 2023 -62.61 Mn
Dec 31, 2022 -65.54 Mn
Sep 30, 2022 -69.57 Mn
Jun 30, 2022 -73.12 Mn
Mar 31, 2022 -74.84 Mn
Dec 31, 2021 -119.36 Mn
Sep 30, 2021 -105.59 Mn
Jun 30, 2021 -104.69 Mn