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iQIYI, Inc. American Depositary Receipt(IQ US)

$0.92+0.021.79%Ext:$0.90-0.021.78%(Market Closed · 00:00:02 UTC)

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SEC Filings

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IQ US​

iQIYI, Inc. American Depositary Receipt — Company Profile

Operating under the iQIYI brand, iQIYI, Inc. is a prominent provider of online entertainment services throughout the People's Republic of China. Its extensive portfolio of offerings encompasses internet video content, online gaming, live streaming events, digital literature, animated productions, e-commerce solutions, and a social media platform. A central feature is its video content platform, which curates a vast library of internet video, sourced both from licensed third-party professional creators and its own in-house productions. Revenue streams also include subscription-based memberships, content licensing and distribution, and online advertising. Specific offerings further include iQIYI Show, a real-time live streaming platform where users can engage with preferred hosts, public figures, and programs. Additionally, iQIYI Lite offers a streamlined and personalized video viewing experience, tailoring content recommendations to individual user tastes. Beyond its core media services, iQIYI is also active in talent management, intellectual property (IP) licensing, and the ongoing development of a dedicated video community application. Originally incorporated as Qiyi.com, Inc., the company officially adopted the name iQIYI, Inc. in November 2017. Established in 2009, iQIYI is headquartered in Beijing, China, and operates as a subsidiary of Baidu Holdings Limited.

Sector
Industrials
Industry
Trading Companies & Distributors
Exchange
UQ
CEO
Yu Gong
Headquarters
Beijing, F4, CN
IPO Date
Mar 29, 2018
Employees
4,603
Website
www.iqiyi.com

Key Metrics

Price
$0.99
Market Cap
$956.70M
Revenue (TTM)
$899.12M
Net Income (TTM)
$-42543204.00
EPS (TTM)
-0.30
P/E (TTM)
-9.90
P/B (TTM)
0.51
Dividend Yield
0.00%
ROE (TTM)
-1.55%
ROA (TTM)
-0.44%
Operating Margin
0.84%
Beta
1.09

Dividends

Last Dividend
$0.00
Last Yield
0.00%

Summary

Operating under the iQIYI brand, iQIYI, Inc. is a prominent provider of online entertainment services throughout the People's Republic of China. Its extensive portfolio of offerings encompasses internet video content, online gaming, live streaming events, digital literature, animated productions, e-commerce solutions, and a social media platform. A central feature is its video content platform, which curates a vast library of internet video, sourced both from licensed third-party professional creators and its own in-house productions. Revenue streams also include subscription-based memberships, content licensing and distribution, and online advertising. Specific offerings further include iQIYI Show, a real-time live streaming platform where users can engage with preferred hosts, public figures, and programs. Additionally, iQIYI Lite offers a streamlined and personalized video viewing experience, tailoring content recommendations to individual user tastes. Beyond its core media services, iQIYI is also active in talent management, intellectual property (IP) licensing, and the ongoing development of a dedicated video community application. Originally incorporated as Qiyi.com, Inc., the company officially adopted the name iQIYI, Inc. in November 2017. Established in 2009, iQIYI is headquartered in Beijing, China, and operates as a subsidiary of Baidu Holdings Limited.

Website
www.iqiyi.com
Location
Beijing, F4, CN
Phone86 10 6267 7171
Employees4,603
CEOYu Gong
Sector
Industrials
Industry
Trading Companies & Distributors
IPO DateMar 29, 2018

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Latest Documents

SEC Filings(197)

Expand
  • SC 13G/AiQIYI, Inc.8 Sep
  • 6-KCurrent report (foreign private issuer)19 Aug
  • SC 13G/AiQIYI, Inc.14 Aug
  • SC 13GiQIYI, Inc.13 Aug
  • 3/AInitial statement of beneficial ownership (amendment)14 Jul
  • 3Initial statement of beneficial ownership14 Jul
  • 4Statement of changes in beneficial ownership2 Jul
  • 6-KCurrent report (foreign private issuer)2 Jul
  • 6-KCurrent report (foreign private issuer)18 May
  • 4Statement of changes in beneficial ownership13 May
  • 4Statement of changes in beneficial ownership13 May
  • 4Statement of changes in beneficial ownership13 May
  • 4Statement of changes in beneficial ownership13 May
  • 4Statement of changes in beneficial ownership13 May
  • 3Initial statement of beneficial ownership1 Apr
  • 6-KCurrent report (foreign private issuer)30 Mar
  • 3Initial statement of beneficial ownership17 Mar
  • 3Initial statement of beneficial ownership17 Mar
  • 3Initial statement of beneficial ownership17 Mar
  • 3Initial statement of beneficial ownership17 Mar

News

  • iQIYI 2026 National Day Holiday Snapshot: Premium Titles Drive Daily Viewing Time Up Over 12%, Big Screens Lead with Nearly 60% Share10 Oct
  • iQIYI AIGC Series "The Ferry Man" Exceeds RMB 8 Million in Revenue-Sharing as Third Instalment Debuts on October 11 Oct
  • iQIYI iJOY Conference 2026: Expanding Its Premium Slate with 350+ New Titles and Entering a New Chapter for AI-Powered Entertainment25 Sep
  • iQIYI Unveils the Trailer of Its First Full-Length Hybrid AI Multi-Season Drama “Immortals Over Mortal Love”23 Sep
  • iQIYI (NASDAQ:IQ) versus Take-Two Interactive Software (NASDAQ:TTWO) Head-To-Head Survey21 Sep
  • iQIYI: Divergent Read-Throughs From Q2 Disclosures20 Aug
  • iQIYI Is Betting Big on AI as Its Core Business Comes Under Pressure20 Aug
  • iQIYI, Inc. (IQ) Q2 2026 Earnings Call Transcript18 Aug
  • iQIYI Q2 Earnings Call Highlights18 Aug
  • iQIYI Announces Second Quarter 2026 Financial Results18 Aug
  • iQIYI to Report Second Quarter 2026 Financial Results on August 18, 202631 Jul

Mentions in Filings

  • … also integrate online media promotion strategies for our customers, including the provision of advertisement and marketing materials such as video or online articles on well-known leading online media channels, including <strong>Iqiyi</strong>, Xigua Channel, Weibo and WeChat. For online marketing content, we typically work with third-party suppliers in order to post contents based on parameters that we provide. We offer online precision marketing services for …
    Star Fashion Culture Holdings LtdiQIYI, Inc. American Depositary Receipt·20-F - ANNUAL REPORT·23 Oct·23 Oct
  • … reneurial track record. Xiaohua Geng will serve as our independent director starting immediately upon the commencement of sales of the Primary Offering. Since July 2020, Mr. Geng has served as senior vice president of <strong>iQIYI, Inc.</strong> (“iQIYI”). Mr. Geng was employed at Focus.cn from October 1998 to March 2003 and worked at Sohu.com Limited from March 2003 to May 2009. He joined Qihoo 360 Technology Co. Ltd. as vice president in September 2009. Mr. G …
    LORENZO DEVELOPMENTS INC.iQIYI, Inc. American Depositary Receipt·F-1/A - REGISTRATION STATEMENT·Q3 27·9 Oct
  • … na's first smart TV app store and open platform; multiple Chinese and U.S. patents Jim Gao Head of Device, Product & PLE Background • 15 years of product R&D in internet, consumer electronics and EVs • Held roles at Sina, <strong>iQIYI</strong>, LeTV and LeTV US • Led multiple products from 0 to 1, with user bases exceeding 100 million Jay Sheng AIXC President & CFO Background • 16+ years of cross-border management in Europe and the U.S.; operations and board gov …
    FARADAY FUTURE INTELLIGENT ELECTRIC INC.iQIYI, Inc. American Depositary Receipt·EX-99.3 - 8-K - Other Events·Q3 26·28 Sep
  • … e to provide content as an advertising carrier and integrate advertisements into different activities and videos for marketing purposes. By taking advantage of the various online media channels based in the PRC, including <strong>Iqiyi</strong>, Xigua Channel, Weibo and WeChat, we are able to promote marketing material effectively to the target market of the customer. Such marketing materials may include in-house designed marketing articles or videos created by t …
    Star Fashion Culture Holdings LtdiQIYI, Inc. American Depositary Receipt·424B4 - PROSPECTUS SUPPLEMENT·25 Sep·25 Sep
  • … ngs Limited (stock ticker: DOYU.Nasdaq)) as at 30 June 2026 (being their then latest published financial information as at the Effective Date) consisted of cash at bank and short-term investments; and (c) in respect of <strong>iQIYI, Inc.</strong> (stock ticker: IQ.Nasdaq), approximately 45% of its total assets as at 30 June 2026 consisted of licensed and self-produced contents to be delivered on its online platform. Although the Company and four of the Comparabl …
    Bilibili Inc.iQIYI, Inc. American Depositary Receipt·EX-99.3 - 6-K - Current report (foreign private issuer)·Q3 26·25 Sep
  • … du General Business decreased by 7% from RMB8.8 billion for the six months ended June 30, 2025 to RMB8.2 billion (US$1.2 billion) for the same period in 2026, primarily due to decreases in personnel-related expenses. • <strong>iQIYI</strong> Costs and expenses of iQIYI mainly consist of content costs, payments made to the partners that provide access to the membership services or payment processing services, advertising expenses and personnel compensation exp …
    Baidu, Inc.iQIYI, Inc. American Depositary Receipt·EX-99.1 - 6-K - Current report (foreign private issuer)·Q3 26·17 Sep

Key Stats

Trading

Px/Chg 1D$0.99 / +0.89%
Avg Volume9.02M
Beta1.09
Mkt Cap956.70M
FD Mkt Cap887.17M

Float

Shrs Out/Float964.31M / 527.77M
Short Float0.13%
Days to Cover9.47
Stock Repurchased$0.00

Current Valuation

EV12.23B
EV/EBITDA-53.02
EV/Sales3.30
P/B0.51
P/S0.26
FCF Yield0.00%
ROE-1.55%
ROA-0.44%
Current Ratio0.47

Estimates

P/E-9.90
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMay '23May '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings-283.79-37.492.952.42-1,364.34-22.49
Price / Sales0.530.180.180.061.171.06
Price / Book Value0.400.820.470.140.080.51
Price / Free Cash Flow-2.46-15.011.750.950.000.00
ENTERPRISE VALUE METRICS
Enterprise Value14,860.620,635.316,642.612,517.712,277.412,230.3
Enterprise Value / Sales5.620.710.520.4312.8113.60
Enterprise Value / EBITDA128.761.440.966.89688.73-54.23
Enterprise Value / EBIT312.0230.295.266.911,571.48-53.87

Financials

Full Financials
Millions CNY5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-2.8%30,554.428,997.531,872.729,225.227,291.3
Gross Income17.3%3,040.96,678.28,770.27,271.75,749.0
EBITDA1.9%12,103.614,336.317,254.11,817.313,042.6
EBIT—-4,662.4681.33,162.91,811.2223.1
Net Income-57.3%-6,189.9-136.21,925.5764.1-206.3
EPS (Diluted)-59.5%-7.77-0.161.960.77-0.21
BALANCE SHEET
Cash & ST Inv2%4,345.57,916.25,376.34,471.34,695.2
Total Assets2.4%42,472.246,048.344,594.445,760.546,711.5
Total Liabilities-2.4%36,799.139,704.932,409.532,386.833,394.1
Total Shareholder Equity26.6%5,187.66,250.612,086.513,365.413,325.0
CASH FLOW
Net Operating Cash Flow—-5,951.8-70.63,351.62,110.1102.9
Cap Ex-30.6%-400.7-269.8-104.9-173.0-93.2
Free Cash Flow—-6,352.6-340.33,246.71,937.09.7

Enterprise Value Bridge

Millions CNY23 Oct '26
Price (As of 23 Oct '26)0.94
Basic Shares964.31
Market Cap902.6
Diluted Shares965.21
Fully Diluted Shares Outstanding965.21
Fully Diluted Market Cap903.4
+Consolidated Debt14,221.4
−In-the-Money Convertible Debt—
+Capital Leases411.6
+Operating Leases—
−Cash & Equivalents-2,941.1
−Short-term Investments-668.7
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-6.7
+Pension Liabilities—
Enterprise Value12,176.2

Segment data

Revenue

by Products and services

  • Membership62%
  • Advertising19%
  • Service, Other10%
  • Content Distribution9%

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