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CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS)/INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2023
CNY (¥)
¥ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
CNY (¥)
¥ / shares
shares
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Revenues:        
Revenues ¥ 31,872,651 $ 4,489,169 ¥ 28,997,548 ¥ 30,554,359
Operating costs and expenses:        
Cost of revenues (23,102,492) (3,253,918) (22,319,315) (27,513,497)
Selling, general and administrative (4,014,070) (565,370) (3,466,579) (4,725,142)
Research and development (1,766,610) (248,822) (1,899,233) (2,794,927)
Total operating costs and expenses (28,883,172) (4,068,110) (27,685,127) (35,033,566)
Operating (loss)/income 2,989,479 421,059 1,312,421 (4,479,207)
Other income/(expenses):        
Interest income 257,499 36,268 69,577 118,615
Interest expenses (1,130,314) (159,201) (715,081) (1,349,544)
Foreign exchange gain/(loss), net (105,434) (14,850) (167,857) 54,555
Share of losses from equity method investments (51,249) (7,218) (213,409) (446,323)
Others, net 72,620 10,228 (319,427) 89,916
Total other expenses, net (956,878) (134,773) (1,346,197) (1,532,781)
(Loss)/Income before income taxes 2,032,601 286,286 (33,776) (6,011,988)
Income tax expense (80,047) (11,274) (84,000) (96,545)
Net (loss)/income 1,952,554 275,012 (117,776) (6,108,533)
Less: Net income attributable to noncontrolling interests 27,085 3,815 18,436 61,051
Net (loss)/income attributable to iQIYI, Inc. 1,925,469 271,197 (136,212) (6,169,584)
Accretion of redeemable noncontrolling interests 0 0 0 (20,336)
Net (loss)/income attributable to ordinary shareholders 1,925,469 271,197 (136,212) (6,189,920)
Other comprehensive income/(loss):        
Foreign currency translation adjustments (163,983) (23,097) (844,725) 168,079
Unrealized losses on available-for-sale debt securities (11,367) (1,601) (21,091) (2,851)
Total other comprehensive income/(loss), net of tax (175,350) (24,698) (865,816) 165,228
Comprehensive (loss)/income 1,777,204 250,314 (983,592) (5,943,305)
Less: Comprehensive income attributable to noncontrolling interests 27,142 3,823 23,106 59,957
Comprehensive (loss)/income attributable to iQIYI, Inc. ¥ 1,750,062 $ 246,491 ¥ (1,006,698) ¥ (6,003,262)
Class A and Class B ordinary share        
Net (loss)/income per ordinary share:        
Basic | (per share) ¥ 0.29 $ 0.04 ¥ (0.02) ¥ (1.11)
Diluted | (per share) ¥ 0.28 $ 0.04 ¥ (0.02) ¥ (1.11)
Shares used in net loss per Class A and Class B ordinary share computation:        
Basic 6,675,522,809 6,675,522,809 5,988,021,425 5,570,736,706
Diluted 6,823,628,066 6,823,628,066 5,988,021,425 5,570,736,706
American Depositary Shares        
Net (loss)/income per ordinary share:        
Basic | (per share) ¥ 2.02 $ 0.28 ¥ (0.16) ¥ (7.77)
Diluted | (per share) ¥ 1.98 $ 0.28 ¥ (0.16) ¥ (7.77)
Membership services        
Revenues:        
Revenues ¥ 20,314,216 $ 2,861,197 ¥ 17,710,830 ¥ 16,713,664
Online advertising services        
Revenues:        
Revenues 6,223,903 876,618 5,331,697 7,066,751
Content distribution        
Revenues:        
Revenues 2,458,610 346,288 2,562,412 3,007,828
Others        
Revenues:        
Revenues ¥ 2,875,922 $ 405,066 ¥ 3,392,609 ¥ 3,766,116