iQIYI (IQ) Revenue & Revenue Breakdown
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
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $31.87B | 9.91% |
| 2022-12-31 | $29.00B | -5.10% |
| 2021-12-31 | $30.55B | 2.85% |
| 2020-12-31 | $29.71B | 2.46% |
| 2019-12-31 | $28.99B | 16.03% |
| 2018-12-31 | $24.99B | 43.79% |
| 2017-12-31 | $17.38B | 54.65% |
| 2016-12-31 | $11.24B | 111.29% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $7.93B | 2.87% |
| 2023-12-31 | $7.71B | -3.85% |
| 2023-09-30 | $8.02B | 2.73% |
| 2023-06-30 | $7.80B | -6.55% |
| 2023-03-31 | $8.35B | 9.96% |
| 2022-12-31 | $7.59B | 1.63% |
| 2022-09-30 | $7.47B | 12.24% |
| 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 | $7.97B | 6.84% |
| 2020-12-31 | $7.46B | 3.76% |
| 2020-09-30 | $7.19B | -3.02% |
| 2020-06-30 | $7.41B | -3.11% |
| 2020-03-31 | $7.65B | 2.04% |
| 2019-12-31 | $7.50B | 1.35% |
| 2019-09-30 | $7.40B | 4.03% |
| 2019-06-30 | $7.11B | 1.72% |
| 2019-03-31 | $6.99B | -0.53% |
| 2018-12-31 | $7.03B | 1.64% |
| 2018-09-30 | $6.91B | 12.06% |
| 2018-06-30 | $6.17B | 26.51% |
| 2018-03-31 | $4.88B | 1.24% |
| 2017-12-31 | $4.82B | -2.69% |
| 2017-09-30 | $4.95B | 14.43% |
| 2017-06-30 | $4.33B | 31.74% |
| 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/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 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/Service | Dec 22 | Sep 22 | Dec 20 | Sep 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
| Country | Dec 22 | Sep 22 | Dec 20 | Sep 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
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| DIS | Walt Disney Company | $88.90B | $22.08B |
| WBD | Warner Bros. Discovery | $41.32B | $9.71B |
| NFLX | Netflix | $33.72B | $9.56B |
| IQ | iQIYI | $31.87B | $7.93B |
| PARA | Paramount Global | $29.65B | $7.68B |
| LYV | Live Nation Entertainment | $22.75B | $6.02B |
| EDR | Endeavor Group | $5.96B | $1.85B |
| AMC | AMC Entertainment | $4.81B | $1.03B |
| ROKU | Roku | $3.48B | $968.18M |
| SBGI | Sinclair Broadcast Group | $3.13B | $829.00M |
| AMCX | AMC Networks | $2.71B | $625.93M |
| WWE | World Wrestling Entertainment | $1.29B | $410.30M |
| MSGS | Madison Square Garden Sports | $1.03B | $429.95M |
| MCS | Marcus | $729.58M | $176.03M |
| IMAX | IMAX | $374.84M | $88.96M |
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.