iQIYI (IQ) Research & Development (2017 - 2026)
iQIYI (IQ) posted quarterly Research & Development of -$58.4 million for Q1 2026, down 2.84% year-over-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.
- In Q1 2026, Research & Development fell 2.84% year-over-year to -$58.4 million; the TTM figure through Mar 2026 stood at -$233.0 million (up 4.59% YoY), while the FY2025 annual figure was $237.8 million, down 2.39% from the prior year.
- Research & Development for Q1 2026 stood at -$58.4 million, up from -$58.7 million in the prior quarter.
- The five-year high for Research & Development was -$56.7 million in Q1 2025, with the low 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.
- The sharpest annual moves came in 2022 and 2026: Research & Development soared 45.09% in 2022, then declined 2.84% in 2026.
- iQIYI's Research & Development stood at -$65.5 million in 2022, then gained by 4.25% to -$62.8 million in 2023, then fell by 0.12% to -$62.8 million in 2024, then increased by 6.54% to -$58.7 million in 2025, then rose by 0.64% to -$58.4 million in 2026.
- Business Quant data shows IQ's Research & Development at -$58.4 million in Q1 2026, -$58.7 million in Q4 2025, and -$57.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Netflix | 325.80 Bn | 316.67 Bn | 6.52 Bn | 823.84 Mn |
| 2 | Walt Disney | 180.88 Bn | 175.70 Bn | 11.57 Bn | - |
| 3 | Warner Bros. Discovery | 71.60 Bn | 68.23 Bn | 4.10 Bn | - |
| 4 | Live Nation Entertainment | 41.97 Bn | 32.90 Bn | 1.94 Bn | - |
| 5 | Fox | 26.42 Bn | 22.22 Bn | - | - |
| 6 | Liberty Media | 23.42 Bn | 21.96 Bn | 329.00 Mn | - |
| 7 | Roku | 23.35 Bn | 20.80 Bn | 673.70 Mn | 223.22 Mn |
| 8 | News | 18.65 Bn | 16.55 Bn | - | - |
| 9 | TKO Group Holdings | 14.38 Bn | 12.83 Bn | 990.96 Mn | - |
| 10 | iQIYI | 8.28 Bn | 7.70 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 |