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

iQIYI (IQ) recorded quarterly Research & Development of -$58.4 million in Q1 2026, up 0.64% quarter-over-quarter from -$58.7 million in Q4 2025, and down 2.84% on a YoY basis from -$60.1 million in Q1 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 was -$58.4 million for Q1 2026 at iQIYI, up from -$58.7 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of -$56.7 million in Q1 2025 to a low of -$74.8 million in Q1 2022.
  • Historically, Research & Development has averaged -$63.0 million across 5 years, with a median of -$62.6 million in 2023.
  • The sharpest annual moves came in 2022 and 2026: Research & Development jumped 45.09% in 2022, then fell 2.84% in 2026.
  • A 5-year view of Research & Development shows it 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.
  • The last three Research & Development figures came in at -$58.4 million (Q1 2026), -$58.7 million (Q4 2025), and -$57.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Netflix 327.69 Bn 315.40 Bn 11.41 Bn 959.70 Mn
2 Walt Disney 184.70 Bn 191.31 Bn 23.68 Bn -
3 Warner Bros. Discovery 65.23 Bn 63.09 Bn 4.25 Bn -
4 Brera Holdings 53.07 Bn 53.07 Bn - -
5 Live Nation Entertainment 39.71 Bn 31.25 Bn 1.31 Bn -
6 Liberty Media 21.13 Bn 21.80 Bn 298.00 Mn -
7 Fox 20.41 Bn 16.92 Bn - -
8 Roku 20.39 Bn 18.01 Bn 564.94 Mn 189.49 Mn
9 News 15.92 Bn 14.45 Bn - -
10 iQIYI 663.47 Mn 45.21 Mn 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