Company data sheet · iqiyi
iqiyi: seven lost years, and the economy wasn't the reason.
- Industry
- Video Tape Rental
- Headquarters
- China
- Ticker
- IQ (Nasdaq)
- Sources
- SEC filings (2017–2026), Stratrix's verified Decision Cases, market data and official economic statistics for China
- Data as of
- October 18, 2026
- From profit to seven straight losses. iqiyi lost money every year from 2016 to 2022: CN¥39.6 billion in all. 2023 was its first profit in eight years: CN¥1.9 billion.
- It wasn't the cycle. The losses began in 2016, a year China economy grew 6.8%. When a company falls while its economy grows, look inside the company first.
- Still smaller than it was. Revenue reached CN¥27.3 billion in 2025, 14% below its 2023 peak of CN¥31.9 billion.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | CN¥11.2 billion | −CN¥3.1 billion | |
| 2017 | CN¥17.4 billion | −CN¥3.7 billion | |
| 2018 | CN¥25 billion | −CN¥9.1 billion | |
| 2019 | CN¥29 billion | −CN¥10.3 billion | |
| 2020 | CN¥29.7 billion | −CN¥7 billion | |
| 2021 | CN¥30.6 billion | −CN¥6.2 billion | |
| 2022 | CN¥29 billion | −CN¥0.1 billion | |
| 2023 | CN¥31.9 billion | CN¥1.9 billion | |
| 2024 | CN¥29.2 billion | CN¥0.8 billion | |
| 2025 | CN¥27.3 billion | −CN¥0.2 billion |
As reported in its annual filings, in CNY. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Economic context: 3 measures for China, every year since 2016, from the official sources.
- Peer comparison: against 528 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
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