iQIYI IQ
NASDAQ IQ
$0.98 +0.10 (+11.76%)
At close: Sep 8, 2026 · 4:00 PM EDT

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

iQIYI (IQ) posted Research & Development of -$58.5 million for Q2 2026, little changed on a QoQ basis from -$58.4 million in Q1 2026, and little changed year-over-year from -$58.6 million in Q2 2025.

Analysis

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

iQIYI has reported Research & Development for 10 years, with the latest figure at -$58.5 million in Q2 2026.

  • On a quarterly basis, Research & Development changed 0.21% year-over-year to -$58.5 million in Q2 2026; TTM through Jun 2026 was -$233.1 million, a 3.1% increase from a year earlier, with the FY2025 full-year figure at -$237.8 million, up 2.39% from the prior year.
  • Research & Development was -$58.5 million for Q2 2026 at iQIYI, roughly flat from -$58.4 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.
  • Average Research & Development over 5 years is -$62.7 million, with a median of -$62.3 million recorded in 2023.
  • The sharpest annual moves came in 2022 and 2026: Research & Development surged 45.09% in 2022, then retreated 2.84% in 2026.
  • Over 5 years, Research & Development stood at -$65.5 million in 2022, then climbed by 4.25% to -$62.8 million in 2023, then decreased by 0.12% to -$62.8 million in 2024, then gained by 6.54% to -$58.7 million in 2025, then gained by 0.47% to -$58.5 million in 2026.
  • The last three Research & Development figures came in at -$58.5 million (Q2 2026), -$58.4 million (Q1 2026), and -$58.7 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Netflix 321.15 Bn 312.02 Bn 6.52 Bn 1.01 Bn
2 Spotify Technology 108.56 Bn 97.65 Bn 1.86 Bn 468.43 Mn
3 Tencent Music Entertainment 12.38 Bn 8.87 Bn 582.00 Mn -35.00 Mn
4 Huya 485.14 Mn 124.88 Mn 37.58 Mn -17.75 Mn
5 iQIYI 427.67 Mn -43.23 Mn 152.37 Mn -58.45 Mn
6 FuboTV 324.08 Mn -128.33 Mn 399.10 Mn -49.52 Mn
7 Kaltura 221.37 Mn 190.08 Mn 34.54 Mn 12.84 Mn
8 CuriosityStream 157.45 Mn 109.05 Mn 16.93 Mn -
9 Cineverse 47.34 Mn 43.02 Mn 10.66 Mn -
10 LiveOne 46.60 Mn 37.94 Mn 3.94 Mn 974,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -58.45 Mn
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