(Loss)/Earnings Per Share

12 Months Ended

Dec. 31, 2023

Earnings Per Share [Abstract]

(LOSS)/EARNINGS PER SHARE

20.(LOSS)/EARNINGS PER SHARE

Basic (loss)/earnings per share is computed using the weighted average number of the ordinary shares outstanding during the period. Diluted (loss)/earnings per share is computed using the weighted average number of ordinary shares and potential ordinary shares outstanding during the period under the if-converted method and the treasury stock method. The effect of the convertible senior notes was excluded from the computation of diluted net (loss)/earnings per share for the years ended December 31, 2021, 2022 and 2023, as its effect would be anti-dilutive. The effect of share options was excluded from the computation of diluted net loss per share for the years ended December 31, 2021 and 2022, as its effect would be anti-dilutive.

Basic and diluted loss per Class A and Class B ordinary share for the years ended December 31, 2021, 2022 and 2023 are calculated as follows:

	Year ended December 31,
	2021						2022						2023				2023
	Class A			Class B			Class A			Class B			Class A				Class B
	RMB			RMB			RMB			RMB			RMB		US$		RMB		US$
(Loss)/earnings per share—basic:
Numerator
Net (loss)/income attributable    to iQIYI, Inc.		(2,983,984	)		(3,185,600	)		(67,733	)		(68,479	)		1,048,303		147,651		877,166		123,546
Accretion of redeemable    noncontrolling interests		(9,836	)		(10,500	)		—			—			—		—		—		—
Numerator used for basic    (loss)/earnings per share		(2,993,820	)		(3,196,100	)		(67,733	)		(68,479	)		1,048,303		147,651		877,166		123,546
Denominator
Weighted average number of    ordinary shares outstanding		2,694,345,310			2,876,391,396			2,977,609,078			3,010,412,347			3,634,425,531		3,634,425,531		3,041,097,278		3,041,097,278
Denominator used for basic    (loss)/earnings per share		2,694,345,310			2,876,391,396			2,977,609,078			3,010,412,347			3,634,425,531		3,634,425,531		3,041,097,278		3,041,097,278
(Loss)/earnings per share—basic		(1.11	)		(1.11	)		(0.02	)		(0.02	)		0.29		0.04		0.29		0.04
(Loss)/earnings per share—diluted:
Numerator
Allocation of net (loss)/income available    to iQIYI, Inc.'s ordinary shareholders		(2,993,820	)		(3,196,100	)		(67,733	)		(68,479	)		1,067,342		150,332		858,127		120,865
Reallocation of net (loss)/income available    to iQIYI, Inc.'s ordinary shareholders    as a result of conversion of Class B    to Class A shares		(3,196,100	)		—			(68,479	)		—			858,127		120,865		—		—
Numerator used for diluted    (loss)/earnings per share		(6,189,920	)		(3,196,100	)		(136,212	)		(68,479	)		1,925,469		271,197		858,127		120,865
Denominator
Weighted average number of ordinary     shares outstanding		2,694,345,310			2,876,391,396			2,977,609,078			3,010,412,347			3,634,425,531		3,634,425,531		3,041,097,278		3,041,097,278
Conversion of Class B to Class A     ordinary shares		2,876,391,396			—			3,010,412,347			—			3,041,097,278		3,041,097,278		—		—
Share-based awards		—			—			—			—			148,105,257		148,105,257		—		—
Denominator used for diluted     (loss)/earnings per share		5,570,736,706			2,876,391,396			5,988,021,425			3,010,412,347			6,823,628,066		6,823,628,066		3,041,097,278		3,041,097,278
(Loss)/earnings per share—diluted		(1.11	)		(1.11	)		(0.02	)		(0.02	)		0.28		0.04		0.28		0.04