The table below shows iQIYI, Inc.'s income statement line items across its last 6 fiscal years, exactly as reported in the company's audited annual filings. All figures are in US dollars; negative values appear in red.
Line item
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
FY 2020
Revenue
$3.90B
$4.00B
$4.49B
$4.20B
$4.79B
$4.55B
Cost of revenue
$3.08B
$3.01B
$3.25B
$3.24B
$4.32B
$4.27B
Gross profit
-
-
-
-
-
-
R&D
$237.82M
$243.64M
$248.82M
$275.36M
$438.58M
$410.04M
SG&A
IQ annual revenue (10-K history)
iQIYI, Inc. reported annual revenue of $3.90B for fiscal year 2025. That is down 2.5% from $4.00B in fiscal 2024. Over the 8 fiscal years shown, annual revenue grew from $3.63B (FY 2018) to $3.90B. Figures come from the company's audited annual reports as filed with the SEC.