iQIYI Inc
NASDAQ:IQ
Income Statement
Earnings Waterfall
iQIYI Inc
Revenue
|
31.9B
CNY
|
Cost of Revenue
|
-16.6B
CNY
|
Gross Profit
|
15.3B
CNY
|
Operating Expenses
|
-12.1B
CNY
|
Operating Income
|
3.2B
CNY
|
Other Expenses
|
-1.3B
CNY
|
Net Income
|
1.9B
CNY
|
Income Statement
iQIYI Inc
Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||||||
Revenue |
15 716
N/A
|
17 378
+11%
|
18 972
+9%
|
20 816
+10%
|
22 779
+9%
|
24 989
+10%
|
27 102
+8%
|
28 042
+3%
|
28 524
+2%
|
28 994
+2%
|
29 654
+2%
|
29 955
+1%
|
29 746
-1%
|
29 707
0%
|
30 026
+1%
|
30 223
+1%
|
30 624
+1%
|
30 554
0%
|
29 863
-2%
|
28 911
-3%
|
28 793
0%
|
28 998
+1%
|
30 069
+4%
|
31 215
+4%
|
31 759
+2%
|
31 873
+0%
|
|
Gross Profit | |||||||||||||||||||||||||||
Cost of Revenue |
(15 973)
|
(17 387)
|
(18 676)
|
(20 388)
|
(23 145)
|
(27 133)
|
(29 562)
|
(30 436)
|
(30 957)
|
(30 348)
|
(30 974)
|
(30 827)
|
(29 014)
|
(22 960)
|
(27 091)
|
(27 126)
|
(27 791)
|
(21 392)
|
(26 368)
|
(24 747)
|
(23 425)
|
(16 960)
|
(22 312)
|
(22 837)
|
(22 972)
|
(16 554)
|
|
Gross Profit |
(257)
N/A
|
(8)
+97%
|
295
N/A
|
428
+45%
|
(366)
N/A
|
(2 144)
-486%
|
(2 460)
-15%
|
(2 394)
+3%
|
(2 432)
-2%
|
(1 355)
+44%
|
(1 321)
+3%
|
(872)
+34%
|
731
N/A
|
6 747
+822%
|
2 935
-56%
|
3 096
+5%
|
2 834
-8%
|
9 162
+223%
|
3 495
-62%
|
4 164
+19%
|
5 369
+29%
|
12 038
+124%
|
7 758
-36%
|
8 378
+8%
|
8 787
+5%
|
15 319
+74%
|
|
Operating Income | |||||||||||||||||||||||||||
Operating Expenses |
(3 603)
|
(3 944)
|
(4 271)
|
(4 741)
|
(5 472)
|
(6 162)
|
(6 810)
|
(7 419)
|
(7 621)
|
(7 903)
|
(8 153)
|
(8 012)
|
(7 993)
|
(11 839)
|
(7 748)
|
(7 749)
|
(7 645)
|
(13 481)
|
(6 867)
|
(6 288)
|
(5 815)
|
(10 657)
|
(5 680)
|
(5 815)
|
(5 788)
|
(12 076)
|
|
Selling, General & Administrative |
(2 453)
|
(2 675)
|
(2 883)
|
(3 205)
|
(3 720)
|
(4 168)
|
(4 604)
|
(5 001)
|
(5 058)
|
(5 236)
|
(5 406)
|
(5 255)
|
(5 270)
|
(5 044)
|
(5 078)
|
(5 067)
|
(4 950)
|
(4 725)
|
(4 269)
|
(3 885)
|
(3 619)
|
(3 467)
|
(3 828)
|
(4 006)
|
(4 007)
|
(4 014)
|
|
Research & Development |
(1 150)
|
(1 270)
|
(1 388)
|
(1 535)
|
(1 751)
|
(1 995)
|
(2 206)
|
(2 419)
|
(2 563)
|
(2 667)
|
(2 747)
|
(2 757)
|
(2 723)
|
(2 675)
|
(2 670)
|
(2 682)
|
(2 695)
|
(2 795)
|
(2 598)
|
(2 403)
|
(2 196)
|
(1 899)
|
(1 853)
|
(1 809)
|
(1 781)
|
(1 767)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(4 119)
|
0
|
0
|
0
|
(5 960)
|
0
|
0
|
0
|
(5 292)
|
0
|
0
|
0
|
(6 296)
|
|
Operating Income |
(3 859)
N/A
|
(3 953)
-2%
|
(3 976)
-1%
|
(4 313)
-8%
|
(5 838)
-35%
|
(8 306)
-42%
|
(9 270)
-12%
|
(9 814)
-6%
|
(10 054)
-2%
|
(9 258)
+8%
|
(9 474)
-2%
|
(8 884)
+6%
|
(7 262)
+18%
|
(5 092)
+30%
|
(4 813)
+5%
|
(4 653)
+3%
|
(4 811)
-3%
|
(4 318)
+10%
|
(3 372)
+22%
|
(2 124)
+37%
|
(446)
+79%
|
1 380
N/A
|
2 078
+51%
|
2 562
+23%
|
2 999
+17%
|
3 243
+8%
|
|
Pre-Tax Income | |||||||||||||||||||||||||||
Interest Income Expense |
0
|
206
|
707
|
(75)
|
(618)
|
(869)
|
(1 116)
|
(814)
|
(1 098)
|
(850)
|
(1 696)
|
(1 457)
|
(624)
|
(1 052)
|
(794)
|
(914)
|
(1 248)
|
(1 528)
|
(1 483)
|
(1 498)
|
(1 483)
|
(995)
|
(1 077)
|
(1 027)
|
(987)
|
(1 034)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(949)
|
0
|
0
|
0
|
(161)
|
0
|
0
|
0
|
300
|
0
|
0
|
0
|
(253)
|
|
Total Other Income |
(206)
|
2
|
247
|
222
|
210
|
192
|
(16)
|
24
|
21
|
(117)
|
(111)
|
(64)
|
(3)
|
109
|
256
|
291
|
228
|
(5)
|
270
|
221
|
(126)
|
(718)
|
(575)
|
(569)
|
(200)
|
77
|
|
Pre-Tax Income |
(4 066)
N/A
|
(3 744)
+8%
|
(3 022)
+19%
|
(4 166)
-38%
|
(6 245)
-50%
|
(8 982)
-44%
|
(10 401)
-16%
|
(10 603)
-2%
|
(11 131)
-5%
|
(10 225)
+8%
|
(11 280)
-10%
|
(10 405)
+8%
|
(7 889)
+24%
|
(6 984)
+11%
|
(5 350)
+23%
|
(5 276)
+1%
|
(5 832)
-11%
|
(6 012)
-3%
|
(4 585)
+24%
|
(3 402)
+26%
|
(2 056)
+40%
|
(34)
+98%
|
426
N/A
|
967
+127%
|
1 812
+87%
|
2 033
+12%
|
|
Net Income | |||||||||||||||||||||||||||
Tax Provision |
(6)
|
8
|
8
|
4
|
11
|
(79)
|
(86)
|
(87)
|
(109)
|
(52)
|
(49)
|
(59)
|
(62)
|
(23)
|
(39)
|
(54)
|
(44)
|
(97)
|
(93)
|
(99)
|
(132)
|
(84)
|
(92)
|
(63)
|
(30)
|
(80)
|
|
Income from Continuing Operations |
(4 072)
|
(3 737)
|
(3 014)
|
(4 162)
|
(6 235)
|
(9 061)
|
(10 487)
|
(10 690)
|
(11 240)
|
(10 277)
|
(11 330)
|
(10 464)
|
(7 951)
|
(7 007)
|
(5 389)
|
(5 330)
|
(5 876)
|
(6 109)
|
(4 677)
|
(3 500)
|
(2 188)
|
(118)
|
334
|
903
|
1 782
|
1 953
|
|
Income to Minority Interest |
0
|
0
|
1
|
5
|
(11)
|
(49)
|
(41)
|
(69)
|
(67)
|
(47)
|
(54)
|
(35)
|
(34)
|
(31)
|
(42)
|
(57)
|
(66)
|
(61)
|
(56)
|
(50)
|
(29)
|
(18)
|
(21)
|
(11)
|
(18)
|
(27)
|
|
Net Income (Common) |
(18 039)
N/A
|
973
N/A
|
2 128
+119%
|
1 695
-20%
|
10 259
+505%
|
(9 409)
N/A
|
(10 538)
-12%
|
(10 759)
-2%
|
(11 306)
-5%
|
(10 325)
+9%
|
(11 387)
-10%
|
(10 503)
+8%
|
(7 991)
+24%
|
(7 045)
+12%
|
(5 439)
+23%
|
(5 397)
+1%
|
(5 956)
-10%
|
(6 190)
-4%
|
(4 751)
+23%
|
(3 563)
+25%
|
(2 224)
+38%
|
(136)
+94%
|
313
N/A
|
892
+185%
|
1 764
+98%
|
1 925
+9%
|
|
EPS (Diluted) |
-4.43
N/A
|
0.24
N/A
|
0.53
+121%
|
0.42
-21%
|
2.52
+500%
|
-1.85
N/A
|
-2.07
-12%
|
-2.1
-1%
|
-2.22
-6%
|
-2.02
+9%
|
-2.24
-11%
|
-2.03
+9%
|
-1.54
+24%
|
-1.36
+12%
|
-0.98
+28%
|
-0.96
+2%
|
-1.06
-10%
|
-1.11
-5%
|
-0.82
+26%
|
-0.58
+29%
|
-0.36
+38%
|
-0.02
+94%
|
0.03
N/A
|
0.12
+300%
|
0.26
+117%
|
0.28
+8%
|