iQIYI Income Statement Analysis

Revenue, earnings, and profit margins in billions CNY

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iQIYI, Inc. income statement - Annual data in billions CNY
BreakdownFY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018
Period EndingDec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018
Revenue & Gross Profit
Revenue29.2331.8729.0030.5529.7128.9924.99
Cost of Revenue21.9522.8522.3227.5127.06-30.3527.13
Gross Profit7.279.026.683.042.64-1.35-2.14
Operating Expenses
Research & Development1.781.771.902.792.682.671.99
Selling, General & Administrative3.684.013.474.735.195.244.17
Operating Expenses5.465.785.377.527.867.906.16
Operating Income1.813.241.31-4.48-5.22-9.26-8.31
Other Income/Expense
Interest Income0.270.260.070.120.160.000.21
Interest Expense1.06-1.130.721.35-1.070.000.09
Other Income/Expense-0.170.08-0.70-0.300.110.26-0.80
Income
Income Before Tax0.852.03-0.03-6.01-6.98-10.22-8.98
Income Tax Expense0.060.080.080.100.020.050.08
Net Income0.761.93-0.14-6.17-7.05-10.32-9.11
Net Income - Continuous Operations0.791.95-0.12-6.110.000.000.00
Net Income - Discontinued Operations0.000.000.000.000.000.000.00
EBITDA15.5410.7814.3412.107.047.856.27
EBIT1.913.240.68-4.66-5.22-9.31-8.89
Depreciation & Amortization13.637.5413.6616.7712.26-0.480.00
Earnings Per Share
Basic EPS1.002.00--8.00-10.00-2.00-17.00
Diluted EPS1.002.00--8.00-10.00-2.00-17.00
Basic Shares Outstanding0.960.950.860.800.745.100.55
Diluted Shares Outstanding0.970.970.860.800.745.100.55