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iQIYI Reports Third Quarter 2025 Financial Results

Tipranks - Wed Nov 19, 2025

Iqiyi Inc ( (IQ) ) has released its Q3 earnings. Here is a breakdown of the information Iqiyi Inc presented to its investors.

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iQIYI, Inc. is a prominent online entertainment video service provider in China, known for its innovative content production and distribution, leveraging advanced AI and big data analytics to enhance its offerings in the entertainment sector.

In the third quarter of 2025, iQIYI reported a decline in total revenues to RMB6.68 billion, marking an 8% decrease year-over-year. The company faced an operating loss of RMB121.8 million, transitioning from an operating income in the same period last year, reflecting challenges in maintaining profitability amidst a competitive market.

Key financial metrics indicate a net loss attributable to iQIYI of RMB248.9 million, a significant shift from a net income of RMB229.4 million in the previous year. Membership services revenue saw a 4% decline, while content distribution revenue dropped by 21%, highlighting the impact of a lighter content slate and changes in business cooperation arrangements. Despite these setbacks, iQIYI’s brand advertising business showed solid growth, although offset by declines in performance-based advertising.

Looking forward, iQIYI remains committed to expanding its IP-centric ecosystem, with a focus on scaling operations from domestic to international markets and leveraging AI to innovate content creation and consumption. The management’s strategic initiatives aim to navigate the current financial challenges and position the company for future growth.

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