What is Iqiyi's gross profit margin?

What were the key takeaways from Iqiyi’s earnings call?

What does Iqiyi do and what are its main business segments?

Did Iqiyi beat or miss consensus estimates last quarter?

What were the key takeaways from Iqiyi's earnings call?

What guidance did Iqiyi's management provide for the next earnings period?

What is the market's earnings forecast for Iqiyi next quarter?

What is the revenue and EPS growth rate for Iqiyi year over year?

- **Content Success**: *This Thriving Land* achieved a 10,000 IT score, driving 100%+ YoY growth in international membership revenue.
- **AI Integration**: AI tools reduce production costs by 50% and enable 70% of overseas promotional materials to be AI-generated.
- **Financial Resilience**: Membership revenue up 3% QoQ to RMB 4.2 billion, with a narrow operating loss of RMB 21.9 million.
- **Global Expansion**: Thai dramas now second only to Chinese dramas, with 1.2B RMB box office for *The Shadow's Edge*.
- **Offline Growth**: iQIYI Land set to open in 2026, targeting ticket and on-site spending revenue.

**【Management Opening Remarks】**
- CEO Tim Yu highlighted the success of original content like *This Thriving Land*, which achieved a 10,000 IT popularity score and drove tourism in filming locations.
- Emphasis on AI integration in content production, including a global AI short film competition with Google and co-branded AI-driven content with Peter Paul.
- Regulatory support for the long-form video industry is enabling innovation and growth.

**【CEO Commentary】**
- **Content Performance**: 
  - *This Thriving Land* and *Coroner's Diary* led membership growth, with *The Shadow's Edge* generating RMB 1.2 billion in box office revenue.
  - Micro-dramas saw 114% sequential growth in membership revenue, with *How Dare You!* achieving strong long-tail engagement.
- **International Expansion**: 
  - Membership revenue in Brazil, Mexico, and Indonesia grew over 100% YoY, with Thai dramas becoming a second global content category.
  - Offline experiences like iQIYI Land are scheduled to open in Yangzhou and Beijing, focusing on ticket sales and on-site spending.
- **AI and Technology**: 
  - AI tools for content creation (e.g., AI-generated posters, micro-animations) and monetization (e.g., dynamic ad creatives) are reducing costs and enhancing efficiency.
  - The iQIYI Stage Water Production System is streamlining high-frequency vehicle film production.

**【CFO Financial Commentary】**
- **Revenue**: Total revenue of RMB 6.7 billion, with membership services up 3% QoQ to RMB 4.2 billion.
- **Margins**: Non-GAAP operating loss of RMB 21.9 million, reflecting disciplined expense management.
- **Key Drivers**: Distribution revenue surged 48% QoQ, driven by *The Shadow's Edge* and other theatrical releases.
- **Cash Position**: RMB 4.9 billion in cash and equivalents, supporting investments in AI and international expansion.

**【Q&A Highlights】**
- **Regulatory Environment**: New policies are accelerating content approvals and fostering industry innovation, with *This Thriving Land* benefiting from concurrent reviews.
- **Membership Growth**: Strong Q3 momentum from high-quality content (e.g., *Strange Tales of Tang Dynasty III*) and enhanced benefits like collectible merchandise.
- **Overseas Strategy**: Expanding local content production in Thailand, Indonesia, and Latin America, with AI-generated promotional materials driving efficiency.
- **AI Roadmap**: Investing in AI for content creation (e.g., micro-animations, documentaries) and targeting long-form content within 3-5 years.

iQIYI, Inc.(IQ)-20251118-2025 Q3 Earnings call transcript

Revenue

Sales and Services Revenue

Financing Services Revenue

Other Revenue

Cost of Revenue

Cost of Goods and Services

Cost of Financing Services

Other Cost

Gross Profit

Other Operating Income

Operating Expenses

Selling, General and Administrative Expenses

Selling and Marketing Expenses

General and Administrative Expenses

Research and Development Expenses

Loss on Bad Debts

Loss on Impairment of Other Assets

Loss on Disposal of Assets

Other Operating Expenses

Operating Income

Non-Operating Income (Loss)

Income (Loss) from Affiliates

Income (Loss) from Associates

Income (Loss) from Joint ventures

Gain (Loss) on Other Investment

Gain (Loss) on Change in Fair Value

Gain (Loss) on Foreign Currency Exchange

Other Non-Operating Income (Loss)

Net Interest Expense

Interest Expense

Interest Income

Pretax Income From Continuing Operations

Income Tax Expense

Current Income Tax

Deferred Income Tax

Income Tax Adjustments

Net Income from Continuing Operations

Income from Discontinued Operations

Other Items Before Net Income

Net Income

Net Income Attributable to Minority Interests

Net Income Attributable to Owners of the Company

Preferred Stock Dividends

Other Adjustments

Net Income Attributable to Common Stockholders

Other Comprehensive Income

Total Comprehensive Income

Total Comprehensive Income Attributable to Minority Interests

Total Comprehensive Income Attributable to Owners of the Company

Basic EPS

Basic EPS from Continuing Operations

Basic EPS from Discontinued Operations

Diluted EPS

Diluted EPS from Continuing Operations

Diluted EPS from Discontinued Operations

IQ

IQ fundamentals

You can ask Aime