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iQIYI (IQ) Revenue & Revenue Breakdown

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iQIYI Revenue Highlights

Latest Revenue (Y)

$31.87B

Latest Revenue (Q)

$7.93B

Main Segment (Y)

Membership

iQIYI Revenue by Period

iQIYI Revenue by Year

DateRevenueChange
2023-12-31$31.87B9.91%
2022-12-31$29.00B-5.10%
2021-12-31$30.55B2.85%
2020-12-31$29.71B2.46%
2019-12-31$28.99B16.03%
2018-12-31$24.99B43.79%
2017-12-31$17.38B54.65%
2016-12-31$11.24B111.29%
2015-12-31$5.32B-

iQIYI generated $31.87B in revenue during NA 2023, up 9.91% compared to the previous quarter, and up 127.55% compared to the same period a year ago.

iQIYI Revenue by Quarter

DateRevenueChange
2024-03-31$7.93B2.87%
2023-12-31$7.71B-3.85%
2023-09-30$8.02B2.73%
2023-06-30$7.80B-6.55%
2023-03-31$8.35B9.96%
2022-12-31$7.59B1.63%
2022-09-30$7.47B12.24%
2022-06-30$6.66B-8.53%
2022-03-31$7.28B-1.51%
2021-12-31$7.39B-2.64%
2021-09-30$7.59B-0.25%
2021-06-30$7.61B-4.52%
2021-03-31$7.97B6.84%
2020-12-31$7.46B3.76%
2020-09-30$7.19B-3.02%
2020-06-30$7.41B-3.11%
2020-03-31$7.65B2.04%
2019-12-31$7.50B1.35%
2019-09-30$7.40B4.03%
2019-06-30$7.11B1.72%
2019-03-31$6.99B-0.53%
2018-12-31$7.03B1.64%
2018-09-30$6.91B12.06%
2018-06-30$6.17B26.51%
2018-03-31$4.88B1.24%
2017-12-31$4.82B-2.69%
2017-09-30$4.95B14.43%
2017-06-30$4.33B31.74%
2017-03-31$3.28B-

iQIYI generated $7.93B in revenue during Q1 2024, up 2.87% compared to the previous quarter, and up 104.41% compared to the same period a year ago.

iQIYI Revenue Breakdown

iQIYI Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Membership$20.31B$56.38M$16.71B$16.49B$14.44B
Advertising$6.22B$279.77M$7.07B$6.82B$8.27B
Service, Other$2.88B$55.31M---
Content Distribution$2.46B$190.40M$297.30M$176.23M$443.50M
Service Other--$3.92B$3.73B$3.74B

iQIYI's latest annual revenue breakdown by segment (product or service), as of Dec 23: Membership (63.74%), Advertising (19.53%), Service, Other (9.02%), and Content Distribution (7.71%).

Quarterly Revenue by Product

Product/ServiceDec 22Sep 22Dec 20Sep 20
Service, Other$661.13M$2.77B--
Membership-$12.97B$3.84B$12.66B
Advertising-$3.78B$1.86B$4.96B
Content Distribution$101.33M$89.07M$38.63M$1.86B
Service Other-$2.82B$959.61M-

iQIYI's latest quarterly revenue breakdown by segment (product or service), as of Dec 22: Service, Other (86.71%), and Content Distribution (13.29%).

iQIYI Revenue Breakdown by Country

Quarterly Revenue by Country

CountryDec 22Sep 22Dec 20Sep 20
Service, Other$661.13M$2.77B--
Membership$4.74B$12.97B$3.84B$12.66B
Content Distribution$101.33M$89.07M$38.63M$1.86B
Advertising$1.55B$3.78B$1.86B$4.96B
Service Other-$2.82B$959.61M-

iQIYI's latest quarterly revenue breakdown by geography, as of Dec 22: Membership (67.19%), Advertising (22.01%), Service, Other (9.37%), and Content Distribution (1.44%).

iQIYI Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
DISWalt Disney Company$88.90B$22.08B
WBDWarner Bros. Discovery$41.32B$9.71B
NFLXNetflix$33.72B$9.82B
IQiQIYI$31.87B$7.93B
PARAParamount Global$29.65B$6.73B
LYVLive Nation Entertainment$22.75B$7.65B
EDREndeavor Group$5.96B$2.03B
AMCAMC Entertainment$4.81B$1.35B
ROKURoku$3.48B$1.06B
SBGISinclair Broadcast Group$3.13B$917.00M
AMCXAMC Networks$2.71B$599.61M
WWEWorld Wrestling Entertainment$1.29B$410.30M
MSGSMadison Square Garden Sports$1.03B$53.31M
MCSMarcus$729.58M$232.67M
IMAXIMAX$374.84M$91.45M

IQ Revenue FAQ

What is iQIYI’s yearly revenue?

iQIYI's yearly revenue for 2023 was $31.87B, representing an increase of 9.91% compared to 2022. The company's yearly revenue for 2022 was $29B, representing a decrease of -5.10% compared to 2021. IQ's yearly revenue for 2021 was $30.55B, representing an increase of 2.85% compared to 2020.

What is iQIYI’s quarterly revenue?

iQIYI's quarterly revenue for Q1 2024 was $7.93B, a 2.87% increase from the previous quarter (Q4 2023), and a -5.05% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $7.71B, a -3.85% decrease from the previous quarter (Q3 2023), and a 1.50% increase year-over-year (Q4 2022). IQ's quarterly revenue for Q3 2023 was $8.02B, a 2.73% increase from the previous quarter (Q2 2023), and a 7.28% increase year-over-year (Q3 2022).

What is iQIYI’s revenue growth rate?

iQIYI's revenue growth rate for the last 3 years (2021-2023) was 4.31%, and for the last 5 years (2019-2023) was 9.93%.

What are iQIYI’s revenue streams?

iQIYI's revenue streams in c 23 are Membership, Advertising, Service, Other, and Content Distribution. Membership generated $20.31B in revenue, accounting 63.74% of the company's total revenue, up 35931.53% year-over-year. Advertising generated $6.22B in revenue, accounting 19.53% of the company's total revenue, up 2124.62% year-over-year. Service, Other generated $2.88B in revenue, accounting 9.02% of the company's total revenue, up 5099.64% year-over-year. Content Distribution generated $2.46B in revenue, accounting 7.71% of the company's total revenue, up 1191.30% year-over-year.

What is iQIYI’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of iQIYI was Membership. This segment made a revenue of $20.31B, representing 63.74% of the company's total revenue.