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| Date | Value |
|---|---|
| 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 |